Blog | Real Estate Real Talk - Mike Gebhardt, Broker Associate

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Fewer than 1 in 3 Boulder listings sold in September

Here’s what happened in Boulder County last month, in September. About 2,100 homes were on the market. About 640 closed or went under contract. To sell, your home had to be in the top third of what was for sale. The other two thirds sat, cut price, or quit. 240 of them expired. Those sellers […]
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Your rent has a 0% return

Everybody tells me buying is too expensive right now. They’re not wrong. Affordability is a real challenge. But renting is expensive too, and almost nobody does that math. Pay $2,000 a month in rent and that’s $24,000 a year. Five years, $120,000. Equity built: zero. And that rent usually goes up every year. With a […]
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16 days or 41 days. It depends on your price.

You’ve seen the headlines: homes sitting longer, the market cooling off. That’s the national story. Boulder is telling a different one. Nationally, homes going under contract fell 8.5% from last year in September, the biggest drop in three years. Only 3 of the 50 largest metros didn’t decline. In the face of that, Boulder is […]
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Your 3% has a rival – What’s your life rate?

To be fair, I stole the life rate thing from Tom Ferry and JJ Mazo. A lot of people tell me they can’t move because they’d lose their 3% rate. I understand. That’s reasonable. That rate was a good move. So let’s look at what it’s really worth. The math is easy. Say you owe […]