You could get a number of info and opinion if you are thinking if it's a safe time to buy real estate. Several folks believe that now when the economy is weak is a perfect time to buy property, as property prices are down too. Lower property prices might make it possible for individuals who otherwise would not have the ability to meet the requirements for a mortgage to become house owners. Other folks don't want to take the risk that the market will never strengthen. These folks believe when they buy property now, home values are bound to continue to diminish, to the point where their money will have been no better than thrown away in just a few years' time.

Whether you opt to look for a house in this economy is a choice that rests entirely on you as soon as you've given yourself ample time to study the advantages and disadvantages of house ownership at this point in time. If in case you have opted to take the leap, congratulations! You're lucky. Boulder, Colorado is an incredible place to live and have a house, by virtually everyone's views. Boulder's real estate market is considered one of the best within the United States, in turn. Publications like Forbes, Retire Magazine, Bicycling Magazine, and Kiplinger have all rated Boulder within the top 5 for many different factors, including best places for singles and finest place to retire, as well as being a top biking city and a number six spot for empty nesters.

As a potential home buyer, you will find properties in Boulder, Colorado in just about every design and price range possible. Whether you are looking for a ranch or a multi-story single family house, a condominium in a pleasant gated community or a state of the art city loft, Boulder has a lot to offer, based on your price point. The median price for a house in Boulder today clocks in just below $600,000, at around the $590,000 level.

Do not be depressed if it is outside of your price level though. The weakened economy does carry one type of advantage for homeowners: foreclosures. These are homes that are usually bank-owned and selling for a lot lower compared with what they otherwise will have. The median price for foreclosed-upon houses in Boulder is approximately in the $350,000 mark as a result. If you are looking to purchase your very first house or your fifteenth, Boulder is no doubt a nice place to look, with a great variety of quality homes on the market.