RE/MAX of Boulder Real Estate Blog

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

Mortgage interest rates increased slightly on the week as economic data was limited.  Of note, the February FHFA Home Price Index, March Existing Home Sales, and March Durable Goods Orders were stronger than expected.  Existing Home Sales are up 10.4% year over year and reached their highest level in 18 months.  Most of the increase in durable goods orders was in aircraft and autos.  Weekly Jobless Claims, March New Home Sales, and March Durable Goods Orders excluding transportation orders were weaker than expected.  New Home Sales were down 11.4% in March.  Concerns of a default by Greece on its sovereign debt continue as additional bailout funds will not be

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275 Laramie Blvd., Boulder           OPEN SUNDAY 1 – 4 PM              Denise Maslanka     (information coming soon)

3525 28th St. #102, Boulder           OPEN SUNDAY 1:30 – 3 PM        Andrew Muller             

4026 W. 107th Ct., Westminster      OPEN SUNDAY 1 – 4 PM           Liz Friedlander                                

13985 Pinehurst Cir., Broomfield    OPEN SATURDAY 11 AM – 2 PM       Brian Sundberg          
(information coming soon)

3731 19th St. Boulder            OPEN SUNDAY 1 – 4 PM               Patrick Dolan   

7171 Four Rivers Rd., Boulder     OPEN SUNDAY 1 – 4 PM        Patrick Dolan   (information coming soon)

7306 Island Circle, Boulder    OPEN SUNDAY 1 – 4 PM               Patrick Dolan 

7419 Old Mill Trail,

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RE/MAX of Boulder Radio continues to keep the Boulder community and home buyers and sellers updated with the latest information regarding the real estate market. This week RE/MAX of Boulder's Radio host Duane Duggan interviews the Director of the Colorado Division of Real Estate, Marcia Waters.

Listen to the full interview: https://soundcloud.com/overthetopcycling/division-of-real-estate-marsha-waters

Home-grown Boulder County native and CU-Boulder grad, Marcia Waters, has been with the Division of Real Estate for over nine years and was named the new director of the Colorado Division of Real Estate in 2010. Prior to becoming the interim director of the real estate division, Waters served as a police officer in Lafayette, Colorado.

As a member of

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The University of Colorado Boulder ranks third for value among Colorado colleges, with Colorado School of Mines in Golden and Colorado State University in Fort Collins ranked first and second, respectively, according to SmartAssets.

While earning a college degree can increase a person’s skill set, job prospects and net worth, rising college costs makes choosing a college more important than ever. SmartAssets looked at five factors to determine the best value colleges and universities: tuition, student living costs, scholarship and grant offerings, retention rate and starting salary.

According to SmartAssets, it included the tuition (using in-state tuition for public schools where applicable), student living costs (including room and board, books,

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

Mortgage interest rates improved slightly on the week as most of the economic data was weaker than expected.  Economic data weaker than expected included the March Treasury Budget Deficit, March Retail Sales, the New York Empire State Manufacturing Index, March Industrial Production, March Capacity Utilization, weekly jobless claims, March Housing Starts, March Building Permits, and March Leading Economic Indicators.  This mostly weaker than expected economic data calls into question the likelihood of a Fed rate increase in June.  Economic data stronger than expected included February Business Inventories, the April NAHB Housing Market Index, the April Philadelphia

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Apparently the trend to downsize homes hasn’t reached Colorado, with four of the state’s metros landing on 24/7 Wall St.’s list of the nation’s cities with the largest homes.

Boulder ranked sixth on the list, with only Colorado Springs ranking higher at No. 3, and Fort Collins and Greeley coming in at seventh and eighth, respectively. Texas had the second-highest showing with three metros in the rankings.

According to 24/7 Wall St., Boulder’s median home size is 1,865 square feet, compared with Colorado Spring’s 1,899 square feet and No. 1-ranked Provo, Utah’s 1,980 square feet.

“As in most areas with relatively large homes, Boulder residents are quite wealthy,” according to 24/7 Wall St. “A typical household earned $71,604 in 2013, among the

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1801 Kristy Court, Longmont          OPEN SATURDAY 1 – 3 PM           Denise Patryas                 

804 Tenacity Drive, Longmont        OPEN SATURDAY 1 – 3 PM           Richard Ackerman          

7154 Christopher Court, Niwot        OPEN SATURDAY 1 – 3 PM          Digger Braymiller             

1416 Elder Avenue, Boulder           OPEN SUNDAY 11 AM – 1 PM        Lynn Ryan                
(information coming soon)

2911 Shoshone Trail, Lafayette       OPEN SUNDAY 1 – 4 PM               Patrick Dolan                     

2432 Bluff Street, Boulder                OPEN SUNDAY 1 – 3 PM              Digger Braymiller             


7166 Dudley Drive, Arvada                 OPEN SUNDAY 1 – 3 PM           Lydia Waskul                      

 

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Efficiency is among the most-wanted features of new homes. Home buyers and builders are responding to this demand with more energy-efficient features, according to National Association of Home Builders (NAHB) surveys.
 
“Our builder members are telling us that more and more buyers are looking at new homes for their efficiency in design and functionality,” says NAHB chairman Tom Woods, a home builder from Blue Springs, Mo. “Whether it’s improved insulation or sustainable building materials, today’s new homes can reach higher energy performance and greater durability than was possible even 20 years ago. And programs like the National Green Building Standard help consumers achieve their efficiency needs."
 
An NAHB survey reveals that Energy Star

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BOULDER – RE/MAX of Boulder is pleased to introduce Jeanne Bellomy and Liz Pistentis to its wonderful team.

Jeanne Bellomy

A graduate of Texas Christian University in Fort Worth, Texas with a degree in business administration, Jeanne Bellomy’s career has spanned more than 20 years in the financial services industry where she specialized in Institutional Fixed Income Sales and Trading. She was a vice president of Fixed Income Sales at Merrill Lynch and Bear Stearns, senior VP and supervisory principal at BancAmerica Securities in Dallas, Texas, and held the position of senior government trader at Team Bank (formerly Texas American Bank) in Fort Worth, Texas.

In 2001, Jeanne moved to Florida. There she became an entrepreneur and owner of a

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5440 Gunbarrel Circle, Longmont              OPEN SATURDAY 11 AM – 2 PM       Brian Sundberg                

6533 Primrose Lane, Niwot                        OPEN SUNDAY 1 – 3 PM                 Irene Shaffer                    

1584 Old Tale Road, Boulder                     OPEN SUNDAY 12:30 – 3 PM          Linda Nehls                        

2641 Juniper Avenue, Boulder                   OPEN SUNDAY 1 – 4 PM                  Daryl Smith/Cassidy Kahn 

1725 Garland Lane, Boulder                      OPEN SUNDAY 1 – 3 PM                  Lisa Wade                         

1503 Bald Eagle Court, Ft. Collins             OPEN SUNDAY 1 – 4 PM                    Brad Clarkson                   

7520 Crestview Drive,

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