Boulder Real Estate Blog November 10, 2017

Boulder CO Housing Shortage!

Just a few short years ago we had excess an excess housing inventory.  Now we actually have a housing shortage with the lowest inventory in 10 years!  So what happened????

  1. The average homeowner used to move every 5 years. That has changed to 9.
  2. New housing starts have not met the demand.
  3. Population increasing through immigration, and births.
  4. Employment has been increasing.
  5. Interest rates have remained low.
  6. Creation of new households (20 somethings finally moving out of Mom and Dad’s house
  7. Increased CU enrollment

All of these factors have contributed to a low inventory of homes to either rent or buy!  Now is a great time to be a seller!