Lafayette Colorado Real Estate Market Update

changes signThe real estate market in Lafayette Colorado is still hanging in there. Social media still refers to Lafayette as ‘on the verge’ and the data seems to indicate this is pretty accurate.

As people have gravitated to areas like nearby Louisville Colorado in the last decade or two in response to the rising costs of homes in Boulder, among other things, a similar trend is driving the Lafayette real estate market. To see a useful chart, read the rest of this post and click to enlarge the image if you’d like to review the data better.

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Boulder County Sheriff Joe Pelle Fifth Term Possible

Boulder County appears to love the current Sherrif, Joe Pelle, who’s been in office for almost 20 years. Although no public official maintains 100% favor, Sheriff Pelle seems to be an outstanding force on the local law enforcement scene.

While other county offices seem to turn over staff, the Sheriff’s office isn’t in that mix. Pelle has managed to secure a fifth four-year term option as voters approved a ballot issue recently to change the term limits for his office.

Since 2002 Sheriff Pelle has maintained on of the most popular and respected roles of any Boulder Sheriff in history. Many think this is largely due to his non-partisan politics approach.

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Real Estate Market Update Louisville Colorado

Louisville Colorado real estate has seen a  shift in the market as have many Boulder county market areas, however Louisville, CO has some surprising statistics indicating that it’s fairing a little better than the City of Boulder for sellers.

The changes however still indicate that the market is leveling off a bit.

Buyers are feeling some relief from the frenetic pace they’ve seen over the last two to three years.

See the graph (click to enlarge it) and some more comments in this post below.

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Boulder’s Ball Aerospace Latest Satellite To Feed NOAA/NWS

Ball Aerospace has a large presence in Boulder, Colorado and we’ve been very fortunate to have so many great tech and space oriented jobs here.

There are several labs in Boulder thanks to the foresight of Boulder planners decades ago when they made a deal with the federal government to donate land in what was once unused space very far from town. That’s certainly changed!

Ball Aerospace collaborates with many other businesses and labs in town and the most recent example of that is the new Joint Polar Satellite System-1 (JPPS-1) which was designed by Boulder’s Ball Aerospace group.

NASA TV will begin live coverage of the launch beginning at  2:15 a.m. MST on Nov. 14 and conclude after the CubeSat deployment. Read more

Real Estate Development Controversy: Hogan-Pancost Property

hogan pancost property

click to enlarge

There’s a real estate opportunity, or maybe not, that lies just off the edge of the East Boulder Recreation Center called the Hogan-Pancost parcel, formerly known as the Boulder Creek Commons Project.

The property has become quite controversial as our area needs more housing, developers want to build, folks already here lean on a “not in my back yard” mentality and prices continue to rise in the real estate market due to high demand and low inventory.

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