NAR 2nd Quarter Report : Boulder up 7.8%
by Osman Parvez
The National Association of Realtors has just released its 2nd Quarter results for existing home sales, showing a mixed market nationwide.
According to the press release,
The association’s second-quarter metro area single-family home price report, covering changes in 151 metropolitan statistical areas, shows 37 areas with double-digit annual increases and 26 metros experiencing generally minor price declines. – Many of the areas with declines are showing weakness in the local labor market.
The strongest gains were in Baton Rouge, LA and Ocala, FL. The strongest declines were in the midwest markets in Illinois, Michigan, and Ohio.
In Boulder, the report states single family home values increased 7.8%. 50 metro areas appreciated at a faster pace than Boulder. 98 markets appreciated at a slower pace than Boulder while 50 markets appreciated more, putting our metro area in about the top 1/3 of metro areas in the country.
Image: National Association of Realtors
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Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.
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