RE/MAX of Boulder Real Estate Blog

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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Boulder County ranks among the healthiest counties in Colorado, according to the Robert Wood Johnson Foundation (RWJF) and the University of Wisconsin Population Health Institute’s 2015 County Health Rankings & Roadmaps report.

While Boulder ranked fourth for health outcomes among Colorado counties, it ranked third for health factors. Health outcomes is based on an equal weighting of length and quality of life, and health-factor rankings are based on weighted scores for health behaviors, clinical care, social and economic factors, and the physical environment.

Douglas County performed best of all Colorado counties, ranking first for health factors and second for health outcomes. Pitkin County ranked first for health outcomes and fourth for health

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

Mortgage interest rates improved this past week on weaker than expected employment data.  March Non-Farm Payrolls were expected to have increased by 247k.  As reported, March Non-Farm Payrolls only increased by 126k, its smallest increase since December of 2013.  January and February Non-Farm Payrolls were revised downward by 69k.  March Private Jobs were expected to have increased by 240k.  As reported, March Private Jobs increased by just 129k.  March ADP Private Jobs were expected to have increased by 230k.  As reported, March ADP Private Jobs increased by only 189k.  Other economic data was mixed.  Economic data stronger than expected included February Personal

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ROB (RE/MAX of Boulder) Radio’s host Duane Duggan interviews attorney Jon Goodman about a hot topic in Colorado real estate.

Listen to the full interview at: https://soundcloud.com/overthetopcycling/marijuana-and-residential-real-estate

Jon Goodman has been a real estate attorney since 1985 and has helped guide REALTORS® across a range of issues. Recently, he has been teaching classes to REALTORS® about marijuana and real estate. Jon became interested in this topic because during the recession in real estate a few years ago, he received several calls from commercial warehouse owners who had the dilemma of letting their property go into foreclosure or renting it to cannabis growers. Jon advised these owners on the pros and cons of this decision

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Don't miss these open houses this weekend! 

465 Lipan Way, Boulder                      OPEN SATURDAY 10 AM – NOON                    Jon Hatch                           

7332 Meadow Court, Boulder             OPEN SATURDAY 11:30 AM – 1:30 PM            Lynn Ryan                      

4878 Tanglewood Ct, Boulder                     OPEN SATURDAY 2 – 4 PM                      Lynn Ryan                         

2830 College Ave #303, Boulder                 OPEN SATURDAY 1 – 3 PM                      Mary Huffman                 

10232 Dresden Street, Firestone               OPEN SATURDAY 1 – 3 PM                        Julie Gullett                        

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