Photos from Chrissy Harrison
Longmont at sunset during wildfires in Utah - makes for one amazingly red sunset.Located in: Longmont, CO
Greetings and Happy New Year!
I hope you enjoyed a restful and joyful holiday season. 2008 is shaping up to be a great year. Inevitably over the past year you have heard the media's negative portrayal of the housing market. The truth is, the market has always experienced highs and lows and we have been in a period of market correction in Boulder County.
Over the past few years we have experienced the lows of a typical 7-year market cycle. We are at the end of the 7 year cycle and we are excited about the prospects of an improving market in 2008. What does that mean for you? It's a great time to think about investing in the real estate market while inventory is high and interest rates and sales prices are low.
As a quick example, there are currently 52 homes with 3 bedrooms, 2 bathrooms and 2 car garages for sale in the City of Longmont under $200,000. If you've ever thought of investing in an income property, now is the time to do it. The rental market is strong with properties typically renting within 1-2 weeks of listing. Current rental rates on a single-family home in Longmont are averaging $1,250.00/month.
With mortgage rates currently below 6% (as of 1/9/08), there are many financing options available to investors which do not require a large down payment.
I am excited about the investment market. I would like to share my ideas about this opportune time in the Boulder County real estate market with you. If this is not the time for you, please think of who you know that would benefit from this amazing time in the market as I would be happy to compensate you for the referral. I look forward to hearing from you so we can speak further about these exciting opportunities.
With best wishes for a prosperous 2008,
Christiane "Chrissy" Harrison
ERA Tradewind Real Estate
601 S. Bowen St. 4999 Pearl East Circle Suite 101
Longmont, CO 80501 Boulder, CO 80303
(303) 684-7734
The Real Estate Matchmaker! I can help you find the best real estate agent for your needs. Call me first!
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