RE/MAX of Boulder Real Estate Blog

By Jessica Shanahan, Premier Lending LLC adapted from the Shirmeyer Rate Market Report.

Mortgage interest rates improved this past week on the Fed’s FOMC announcement which indicated that the Fed would be patient with any rate increase.  The Fed will take into account labor conditions, inflation and inflation expectations, and global economic developments.  With the global economy slowing, the Fed rate increase may be farther off than expected.  Economic data was mixed.  Economic data stronger than expected included January Consumer Confidence, December New Home Sales, weekly jobless claims, the Q4 Employment Cost Index, and the Chicago Purchasing Managers Index.  Economic data weaker than expected included December Durable Goods Orders, NAR Pending

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2030 20th Street #1, Boulder        OPEN SATURDAY 1 – 3 PM 

818 S. Terry Street #11, Longmont            OPEN SUNDAY 11 AM – 1 PM   

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By Jessica Shanahan, Premier Lending LLC adapted from the Shirmeyer Rate Market Report.

Mortgage interest rates were mostly flat week over week as the European Central Bank (ECB) announced a stimulus plan.  The ECB will purchase 60 billion Euros of public and private securities per month starting in March and running through September of 2016 to hopefully ward off deflation and stimulate the Euro area economies.  Economic data was mixed.  Economic data stronger than expected included December Housing Starts, the FHFA Housing Price Index, and December Leading Economic Indicators.  The FHFA Housing Price Index was up 5.3% year over year.  Economic data weaker than expected included the January NAHB Housing Market Index, December Building Permits, weekly

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1.        22 Benthaven Pl., Boulder              OPEN SUNDAY 12 – 2 PM       

2.       7306 Island Cr., Boulder                 OPEN SUNDAY 1 – 4 PM   

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Gina Theriault began her career in real estate in 1996 after relocating to the beautiful State of Colorado in 1995. Even though she was new to the area, her family has roots in the Boulder County area going back to the 1880’s. 

Real estate is her passion, providing her clients with epic service while helping them achieve their real estate goals with the least stress possible is her ultimate objective. Her experience covers starter condos to multimillion dollar estates through Boulder County and the surrounding areas.

She lives with her husband, Brad, in the town of Superior with their 5 children and multiple pets. When she isn’t working, she loves traveling, cooking and camping. It would be her pleasure to work with you on your next Colorado adventure!

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RE/MAX of Boulder is proud to welcome Tuesdi  Arrotta to our office! 

Tuesdi has been in the Boulder community since 2004. Originally from Arizona, Tuesdi and her family fell in love with the diverse lifestyle of outdoor adventure, beauty and the spectacular Rocky Mountains. 

Tuesdi’s professional career stems from Sales and Marketing in the Flexible Packaging industry. She was an entrepreneur with her family’s business in Arizona in the print manufacturing business of packaging. She was the National Sales Director for twenty years handling the company’s sales and marketing for accounts such as PepsiCo, Frito Lay, Proctor&Gamble, Clorox and many others.

She has worked many years with a diversity of people from all backgrounds. With the many years of

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The Boulder area real estate market received a holiday surprise in the way of improvements – though some were slight – in both year-over-year and month-over-month sales in December.

Single-family home sales increased 8.6 percent in December compared with a year before, 264 units versus 243 units, respectively. And three more units sold in December compared with November, a 1.1 percent increase.

Sales of condominiums and townhomes saw a significant 28.2 percent increase in year-over-year sales, with 109 units selling in December 2014 versus 85 units in December 2015. And its December sales were in line with November’s, with one more unit selling in the last month of the year.

Ken Hotard, senior vice president of public affairs for the Boulder Area

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Experts are feeling better about 2015’s housing market after 2014 proved the best year of the U.S. economic recovery since the recession of 2008-2009, according to Realtor.com.

In fact, the organization predicts that the improving economy will fuel job and income growth, providing positive market conditions for home owners and potential home buyers.

Here are five predictions for the 2015 housing market, according to Realtor.com Chief Economist Jonathan Smoke:

1. Mortgage rates will rise

When the economy improves, it is likely mortgage rates will increase again - establishing a relationship that balances job growth with higher (yet still reasonable) interest rates.

The Federal Reserve plans to increase the federal funds rate within the year,

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Boulder County was among four of Colorado’s metropolitan statistical areas (MSA) that ranked among the top 20 on the Milken Institute’s annual Best Performing Cities Index for 2014.

Milken ranks U.S. metropolitan areas by how well they are creating and sustaining jobs and economic growth. The components include job, wage and salary, and technology growth. In most years, these give a good indication of the underlying structural performance of regional economics.

The Denver-Aurora-Broomfield MSA was ranked highest at No. 12, followed by the Boulder MSA (Boulder County) at No. 13 and Greeley MSA (Weld County) at No. 14. The Fort Collins-Loveland MSA (Larimer County) was ranked No. 17.

Both Boulder and Weld’s overall rankings were four spots below

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The holidays may not be over yet, but the year almost is and so is the opportunity to take advantage of any tax strategies for 2014.

Kelly Campbell of U.S. News & World Report offers these tips to consider cutting losses before the year is up, though he recommends consulting with tax, legal and financial advisor before making any decisions:

1. Offset gains and losses. Those with gains and losses in their portfolio could write off the gains against the losses. If they have more loss than gain, they can take up to $3,000 of loss against ordinary income but must claim the loss by selling the asset or investment that contains it this year. Or it is possible to take additional losses and "carry them forward" to next year. If the decision is to sell an

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