Boulder Job Forcast; Wobbekind, CU Boulder Leeds School
Professor Richard Wobbekind, the Executive Director of the Leeds School of Business Research Division at the University of Colorado in Boulder reported recently that the forecast for job growth looks promising for sectors such as construction.
He further said that both Colorado, and the Boulder area should see a continuation of new jobs in 2012 as the economic recovery continues.
Growth in construction hasn’t been very active in Colorado, so this is encouraging news to hear.
Flatiron Park Business Park Sells Huge
A Texas-based real estate investment firm has acquired 19 properties in the Boulder Colorado Flatiron Park development.
The entity which purchased the park is called Goff Capital Partners, and while according to an earlier article from the Boulder County Business Report by Michael Davidson, Flatirons Investments LP was specifically established as an entity to purchase the 19 properties for Goff, which include over 740,000 square feet of space at a price of almost $70 million; Goff Capital Partners LP has offices in Greenwood Village, Fort Worth Texas, and Stamford Connecticut.
The properties include leasable office space, flex space, and warehouse space.
JD Powers Says RE/MAX Clients Delighted
A recent report from JD Powers and Associates came out stating that RE/MAX clients rate RE/MAX number one in customer satisfaction.
Still Amazingly Low Home Loan Rates
Okay, so I keep sharing this with people I speak to in person, but I guess it’s not getting through. The interest rates on home loan mortgages are still incredibly low.
Investor buyers are snapping up property very quickly. In fact, I’ve had a couple buyers who have had to make offers on multiple properties in order to make a purchase as the buyer competition is fierce.
Prices are low, which means a buyer’s market outside of Boulder, and of course Louisville, CO now that Money magazine rated it #1 again…
Boulder County Home Prices Up or Down?
If you believe what you read and hear in the media, you could conclude that home values are up, or down… really, everyone is reporting different data, and many times it’s to simply “sell papers”. I have a friend in the Newlands neighborhood who just contacted me this morning to tell me the county sent notice her property value had increased many thousands of dollars.
I think there’s something amiss here. Consensus among real estate professionals in Boulder is that even areas like the Mapleton Hill Neighborhood, Table Mesa Neighborhood, and the Old North Boulder Neighborhood are essentially even/flat and have been so for many months. A recent local news article reported that home values between mid 2008 and mid 2010 are down according the the Boulder County assessor.
If that’s so, then why have I had about 20 calls and emails from my friends and clients asking me if I can help them with their county real estate tax assessment? These calls are because my friends are concerned about paying higher taxes, based on higher values reported and assessed by the county.
So which is right?
