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Think market conditions are better in Longmont? Better get the facts.
Houses under contract (as a percentage of total inventory) is far higher in Longmont than Boulder. As of this writing, 72% of all houses on the market in Longmont are under contract compared with 55% in Boulder. Longmont also has 37% more inventory than Boulder, despite being a slightly smaller city.
Sellers: The take home message remains the same. Do not rely on your Realtor's bravado when in comes to marketing and negotiation strategy. A comprehensive analysis of comparable sales and inside knowledge of negotiations is the best way to maximize the sale value of your property.
Smart real estate decisions are based on deep understanding of market conditions.
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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.