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PorchLight Real Estate Group 2500 Broadway Boulder, CO 80304

KIM HULLETT

Each Office Independently Owned and Operated.

REALTOR®, Broker | PorchLight Real Estate Group

303.748.3336

kimhullett@porchlightgroup.com

NEWLANDS NEIGHBORHOOD May 2018 Real Estate Market Report

www.NewlandsNeighborhoodHomes.com

WAITING CAN COST! HOW DOES WAITING AFFECT THE SALE OF YOUR HOME AS INTEREST RATES RISE? Housing agencies predict that interest rates could reach new highs by the end of 2018, increasing the overall cost to purchase, thus greatly reducing the number of qualified buyers!

IF INTEREST RATES RISE FROM 4.44% TO 5.1%... LOAN AMOUNT

INCREASED COST

$250,000

$35,841

$500,000

$71,682

$750,000

$107,522

$1,000,000

$143,364

Johnathan and Angela-Marie, Call me today at 303.748.3336 to learn how my marketing will attract qualified buyers and allow you to purchase your next home before interest rates increase!

Interest Rate as of March 15th, 2018 was 4.44%, Freddie Mac predicts a 5.1% interest rate by the end of 2019.

PREPARED ESPECIALLY FOR JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY KIM HULLETT Your Newlands Neighborhood Realtor® & Neighbor

www.NewlandsNeighborhoodHomes.com

KIM HULLETT REALTOR®, Broker | PorchLight Real Estate Group

303.748.3336

kimhullett@porchlightgroup.com

Kim provided white glove service all the way through the sale of our investment property. From coordinating with furniture stagers, clearing out old furniture, negotiating a fantastic contract, and seeing the transaction through we are extremely satisfied and give Kim the highest recommendation possible. We wouldn’t think twice to use Kim again when purchasing or selling a property. Thanks Kim!

NEWLANDS MARKET REPORT Johnathan and Angela-Marie, Selling a home in Newlands requires extensive local knowledge, a great marketing plan, and superior negotiation skills. As an experienced agent and Newlands specialist, I am uniquely qualified to help you receive top dollar for your home. Call me today at 303.748.3336.

— 5-Star Zillow Review

Online Connections. Neighborhood Appraisals.

Newlands Homes Currently Listed Status Active Active Active Active Active Active Active Active Active Active Active

Address 806 Hawthorn Avenue 3034 11th Street 820 Hawthorn Avenue 919 Balsam Avenue 2924 11th Street 2932 4th Street 2873 6th Street 2921 4th Street 503 Kalmia Avenue 335 Grape Lane 1011 Juniper Avenue

Beds 3 1 5 4 6 5 5 5 5 6 5

Baths 3 3 4 5 4 5 5 7 4 6 6

Est. Sq. Ft. 2,424 2,169 5,026 3,574 5,001 4,787 4,804 4,164 4,844 6,147 6,507

List Price $1,549,000 $1,549,000 $2,000,000 $2,250,000 $2,395,000 $2,399,000 $2,700,000 $2,750,000 $3,200,000 $4,500,000 $5,000,000

List Date 04/03/18 04/04/18 04/19/18 04/09/18 05/02/18 05/03/18 03/07/18 04/09/18 02/20/18 03/08/18 03/15/18

There are currently 5 homes taking back-up offers and no homes pending in the Newlands. For more information on any of these listings, please call 303.748.3336. With 95% of home sale searches beginning online, home selling sites such as Zillow, Redfin, and Trulia are fantastic resources in marketing your home to potential buyers! However, if you’ve considered selling, it is crucial you contact a hyper-local Realtor for accurate home pricing. Many online home estimates are based on Automated Valuation Models (AVMs), which are great starting points, but may not factor in your home’s unique features, renovations, upgrades, hyper-local market trends, or community benefits.

Johnathan and Angela-Marie, Call or connect with me online to learn how my hyper-local knowledge of your Newlands neighborhood and my PERSONALIZED home assessment can help you earn the most from your investment!

www.NewlandsNeighborhoodHomes.com Sources: NAR Home Buyer and Seller Generational Trends Report 2017 & 2016 Profile of Home Buyers and Sellers

Newlands Homes Recently Sold Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address 815 Forest Avenue 1165 Grape Avenue 3246 5th Street 3168 5th Street 3172 11th Street 2818 11th Street 3011 6th Street 402 Juniper Avenue 3040 10th Street 1047 Balsam Avenue 3115 Broadway Street

Beds 5 3 6 4 3 2 5 5 3 5 2

Baths 5 2 6 4 4 1 5 2 2 6 1

Est. Sq. Ft. 4,300 2,076 4,514 3,740 3,103 784 3,860 2,819 1,074 4,902 1,474

List Price $2,495,000 $645,000 $2,350,000 $1,795,000 $1,575,000 $799,000 $2,050,000 $1,275,000 $925,000 $1,995,000 $684,900

Sold Price $2,495,000 $650,000 $2,200,000 $1,795,000 $1,610,000 $770,000 $2,050,000 $1,200,000 $885,000 $1,900,000 $680,000

Sold Date 04/30/18 04/26/18 04/19/18 04/12/18 04/09/18 04/06/18 03/30/18 03/23/18 03/19/18 03/16/18 03/02/18

Days on Market 95 39 84 36 26 184 1 3 31 67 57

Kim Hullett and PorchLight Realty are not in any way affiliated with Newlands, nor is this in any way an official advertisement or publication of Newlands. © 2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the IRES MLS as of May 14th, 2018. Listings and sales may not be those of PorchLight Realty. IRES MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. This market report is not intended to solicit properties already listed for sale, nor intended to cause a breach of an existing agency relationship. E&OE.