Saturday, February 28, 2009

Buying a home in Boulder

Boulder is an expensive place to buy a home - a 3BR home normally goes for $400-500k.  Folks often live in nearby places like Louisville, where prices can be half that in Boulder (I think).

The recent housing crisis, as far as I could tell, hasn't affected the Boulder market - prices here stayed about the same.  Now there's definitive proof this is indeed the case: a local realtor, Neil Kearney, writes that Boulder ranks 17th nationally in APpreciation!  The annual home price appreciation is 2.99% in Boulder, compared to a nationwide DEpreciation of over 8%.  He even has a graph...

So if I want to keep living inside Boulder - I have to keep renting.  Oh well.

No comments: