I trust you’re knee deep into summer fun by now! The abundance of outdoor recreation, concerts, camping, backyard hang time and fishing trips make for the best time of year here in Colorado. As the biz typically slows in July it’s always nice to use the time to jump in feet first into our Planet Colorado. Our state really knows how to reboot the body and soul. I appreciate that so much as we roll into late summer and fall seasons where my business picks up steam again.
And now, what to think about this current real estate market? Recall it was just last June when we saw the peak of the crazy COVID and post-COVID mayhem. While the market is different now, like less frenetic and somewhat more balanced, it is not suffering—despite what you may have read, this market has a lumpy head. Yes, we are seeing some longer days on market, some price reductions and fewer multiple offer scenarios, but our prices are still up month to month. But indeed they are less impressive than ’21 and '22.
You buyers who were tapping the brakes for better days? Your time is near and your mission’s clear—consider jumping back in as we are approaching what some call the "summer slump" when the number of viewings, offers, and showings are waning. Meanwhile listings are coming into the marketplace at a more frequent clip. So while your competition is on summer vacation, maybe it’s time you step to the line!
This month’s charity for giving is Growing Gardens in Boulder. Over the last 25 years, Growing Gardens has brought regenerative agriculture education and food donations to over 136,000 Boulder County residents. Growing Gardens’ programs empower people of all ages, income levels, and abilities by reconnecting them with their local food systems and teaching gardening, cooking, and nutrition education. Please see how important this program is and give today!
Meanwhile, for another dose of Hatch From the Trail, please tune in here to #52!
Thank you and don’t forget to SMILE!
Jon Hatch
Realtor®, RE/MAX Lifetime Achievement®, RE/MAX Hall of Fame®, GRI®, ABR®
RE/MAX of Boulder
303-513-2834
hatch@boulderco.com
http://www.jonhatch.com
Lead photo: sunset in cloud reflection east of Boulder from the Pearl Street Mall in Downtown Boulder by Jon Hatch.