Broomfield Real Estate Market Report | July 2019

It is a pleasure to share my monthly review of the Broomfield residential real estate market with you. This report, which is based on extensive personal research, offers you the opportunity to examine the 2019 market trends and relevant sales statistics and to explore what is happening in your neighborhood’s micro market. I hope you will enjoy this report and find it both useful and enlightening.

I find it hard to believe we are already halfway through the year. The weather has finally changed and I think I can say Summer is truly here. I hope everyone is able to take advantage of the warm Colorado evenings and enjoy everything our wonderful state has to offer.

Last month I described the Broomfield market as far more balanced than we saw last year and that trend has continued. While there is still an inventory shortage, homes are staying on the market slightly longer and homes are not appreciating at the rapid rates like they were in 2018. This fact, combined with interest rates staying far lower than expected has led to increased buyer activity as they leave the rental market.

Click here or the images below to download the complete Broomfield Market Report for July 2019

I recently had a conversation with a trusted mortgage broker about interest rates. He anticipates one more small reduction in rates through the Summer which is great news for both buyers and sellers. Buyers will be able to take advantage of these great rates and sellers should experience increased showings of their home with the increased purchase power buyers have due to lower rates. I was cautioned however that this could change quickly if the United States and China reach a trade agreement and investors return to the stock market and the bond market dries up. His opinion was that a deal could quickly increase rates between .25% and .5%.

I am proud to live in Broomfield and to serve our community. If you are considering selling your home or thinking of buying one, I would be grateful for the opportunity to earn your business.

Thank you again and enjoy the July edition of the Broomfield Real Estate Market Report.

Broomfield Real Estate Market Report | July 2019

Below is a link to the full version of my monthly market report for Broomfield. In addition to the information above you will find micro market information on the following neighborhoods:

• Anthem Highlands
• Anthem Ranch
• Aspen Creek
• Country Estates
• Lambertson Farms
• McKay Landing
• Redleaf
• Silverleaf
• Spruce Meadows
• The Broadlands
• Wildgrass

Don’t see your neighborhood on the report? Contact me today and I will prepare a similar report about the market activity in your neighborhood and include it in all future months of the Broomfield Real Estate Market Report.

Download the Broomfield Real Estate Market Report for July here.

Helping You Make Informed Decisions Regarding Broomfield Real Estate

I produce this monthly report to provide you with a high level overview by looking at the patterns and trends.

I hope to help YOU make sense of the numbers so you can make informed decision. It is my hope that this report helps you to ”See the Big Picture and All the Details!”

If you see a segment of the market that you would like additional help with understanding please contact me.  Or if you desire a specific Property Valuation Report that I routinely prepare for my clients, please contact me.

This report covers Broomfield Single Family Homes and Broomfield Luxury Homes.

See the big picture and all the details of the Broomfield Real Estate Market and more –> Download the full market report as well as find more valuable information about Broomfield Real Estate here.

How can I help you with your Broomfield, CO Real Estate Needs?

This Broomfield Real Estate Market Report and the level of detail is representative of what you can expect from me as your Real Estate Agent.

I am a Colorado native and Broomfield resident with years of local knowledge and insight to help meet your needs, and I strive to exceed client expectations.

You May Be Wondering… What is My Home Worth?

Do you wonder what your home is worth in the current market? Do you desire a specific Property Valuation Report that I routinely prepare for my clients? Please contact me.

If you are considering buying or selling a home, I would appreciate the opportunity to earn your business (or that of a friend you think I could help).

Visit www.RefRealty.net. Phone: 720.351.8488 or [email protected]

For questions regarding this Broomfield Real Estate Market Report or the Broomfield Real Estate Market in general contact:

John Grandt

Global Luxury Property Specialist | Certified Real Estate Negotiation Expert

Coldwell Banker Residential Brokerage | Ref Realty

[email protected]

720.351.8488