Denver and Boulder Real Estate‘s latest transaction was a spacious Longmont home with amazing mountain views, especially of Longs Peak in Rocky Mountain National Park. The views from the front make you understand why we all love the Colorado mountains, and the backyard offers a nice cozy fire pit that can be enjoyed year round. Inside, there are 5 bedrooms & 4 baths spread out across 5,468 total square feet.
List Price: $567k
Sold Price: $550k (I represented the Buyers)
Now is the best time I’ve ever seen to do what I call a ‘move-up’ purchase, one where you acquire a larger home to accommodate a growing family, or just want more space. There are a few reasons why now is The Time for this scenario: interest rates are at all time lows right now (mid 3’s) which allows Buyers the ability to purchase larger/more expensive homes and have lower payments. Another reason the ‘move-up’ scenario is a good one now is the market has changed from a Buyers market to a Sellers market in the Denver/Boulder areas. If you wait a year or two to make this purchase, data supports you’ll be paying more for the house in the future, and will most likely have a higher payment due to a higher interest rate. Contact Me to discuss this scenario further if interested.