A note from your Burgess Group family.
In light of recent events affecting our Colorado friends and family, and the rest of the world, we here at Burgess Group Realty remain dedicated to serving you - our valued clients, in the best ways we know how, during this uncertain time. We wish to be a solid support for everyone that needs a familiar voice in the real estate game here on the Front Range. We would like to share some statistics and facts to help answer any questions regarding how COVID-19 is impacting Colorado real estate.
Front Range real estate has historically been one of the safest havens for investment during recessionary periods. Properties often hold their value and even appreciate when the stock market is suffering. The fundamentals of this area are not changing - desirable location, strong economy relative to the rest of the US, lower unemployment than most of the rest of the US, and a shortage of inventory.
See the charts below for Appreciation values in the Boulder market, and other market stats.
Your safety matters.
In maintaining our client's safety and the safety of all in mind, our team is implementing some precautionary measures for home showings during this time. Some of these measures include offering Zoom meetings for appointments, video walk-through tours of homes for sale, the use of shoe-booties in our listings for showings, and hand sanitizer/Lysol wipes with us for all home showings. We ask that small children stay at home, or with a caretaker outside of the home, for further health precaution. We thank you for your understanding.
In Better News.. !
If you have any further concerns or questions about how our market is being affected and/or what we are doing to keep business as streamlined as possible, please reach out to me for further discussion. On a positive note - mortgage loan rates are at an all-time low, and it is an excellent time to refinance! Call me for assistance with this or any of your real estate needs. As always, we appreciate you and your continued business. Take care of yourself and your families.
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Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.