Housing Shortage?

As you've seen in recent reports locally and nationally, our housing market is much improved today, with home sales and prices heading up.  But according to reports in Realtor magazine (Nov/Dec), along with these improvements come the long-term challenge of falling inventory.  This trend is no stranger to Boulder.  While our market was certainly flat over the past year and a half but didn't drop like many other areas.  We did see slower new construction growth and steady growth in the rental market, combine those with a typically 15% lower inventory in winter, and we may see prices rising higher and faster than analysts anticipated. 

If you'd like recommendations on buying, listing your house or renting this winter, please call or email me.