RE/MAX of Boulder Real Estate Blog

2429 Spruce St., #1, Boulder                             OPEN SATURDAY 11 AM – 1 PM       Brian Sundberg (information coming soon)

29 Silver Spruce, Boulder                                   OPEN SATURDAY 12 – 2 PM             Sue Masterson                

3842 Orion Court, Boulder                                  OPEN SATURDAY 12 – 2 PM             Meko/Sheene                 

3970 Newport Lane, Boulder                              OPEN SATURDAY 1 – 3 PM                Carroll McCorkle                (coming soon)

2595 Ginny Way, Lafayette                                OPEN SATURDAY 1 – 3 PM                 Julie Berghoff                    (794450)

4060 Pebble Beach Dr., Niwot                           OPEN SATURDAY 1 – 3

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

Mortgage interest rates improved this past week as British citizens voted to exit the European Union.  British Prime Minister David Cameron has already indicated that he will resign.  Markets will likely be volatile in the coming weeks as a result and bonds are currently benefitting from this volatility.  The ramifications of the exit are still being sorted out.  Economic data was mostly weaker than expected.  Economic data weaker than expected included the April FHFA Home Price Index, May Existing Home Sales, May New Home Sales, May Leading Economic Indicators, May Durable Goods Orders, and the University of Michigan Consumer Sentiment Index.  Existing Home Sales

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

Mortgage interest rates improved slightly this past week as the Fed left the Fed Funds rate unchanged at the conclusion of its FOMC Meeting.  It appears unlikely that the Fed will increase the Fed Funds rate at its July meeting as well.  Markets are now focused on next week’s vote in Britain regarding whether to exit the European Union.  A vote to exit will likely lead to very volatile markets.  Economic data was mixed.  Economic data stronger than expected included May Export and Import Prices, May Retail Sales, the May Producer Price Index (PPI), the June Empire State Manufacturing Index, the May core Consumer Price Index (CPI), the Philadelphia Fed Business

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If adding that second gaming system took you over the edge of your wire-clutter threshold, it’s time to conquer the jumble of cords lurking behind your electronic nooks. Whether it’s the TV room or home office, bringing organization to wire chaos makes your home look its best and you feel better.

Here are seven elegantly simply solutions to keep your wires straight, offered by Realtor.com®.

Untangle and label each cord

First, unplug the cords from the power source and untangle each cord. You want to find the source of the cord and add two simple labels, one on each end of the cord. Now you can simply and accurately, unplug and re-plug any device accurately – an excellent first step in gaining control over the wad of wires threatening your

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Job growth in the Denver metro-area will continue to surge ahead, according to Forbes 2016 annual review of the Best Cities for Job Growth in the U.S.

Forbes ranked Denver-Aurora-Lakewood as the No. 7 hottest market for jobs in the U.S. in their annual ranking of the Best Cities for Job Growth in the U.S.

The analysis looks at the nation’s largest 70 metropolitan areas with more than 450,000 jobs to determine which metros are the likely leaders in employment growth for 2016.

Two California cities clocked the top spots for the third year in a row, evidence that the boom in technology is still creating jobs. Considered by many to be the “twin capitals” of the tech industry San Francisco-Redwood City-San Francisco, CA Metro Division claimed the No.

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Anyone who even casually follows the residential real-estate market in Boulder County understands that we are in the midst of a period of steep appreciation. One question I hear frequently from both sellers and buyers is, “How long can this incredible rate of appreciation last?” Homeowners interested in selling are, of course, trying to time the market to maximize their captured appreciation, whereas buyers are not so secretly hoping for some price relief.

One thing to understand is that this present cycle of steep appreciation is not unprecedented.  In fact, going back to 1978, this is the fourth such period of rapid growth.

Very similar growth periods occurred from 1978 to 1982, 1990 to 1994 and 1997 to 2001. In each case, our average

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Boulder-area May real estate sales statistics continue to tell a story of rising prices, strong demand and low inventory.

And in the rising prices category, the May chapter is about Niwot. 

“Niwot has become a million-dollar-home spot. While there were only a few sales, 11 over the past two months, both months show an average sales price in excess of one million,” says Ken Hotard, vice president of public affairs for the Boulder Area Realtor® Association.

Niwot’s average and median sales price for May are $1.5 and $1.3 million, respectively, resulting in the second consecutive month for the average monthly sales price to surpass $1 million. The cumulative effect brought May’s year-to-date average sales price across 23 sales to just over $1

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Boulder is the second most bike-commuting city of its size in the U.S., according to the League of American Bicyclists third edition of “Where We Ride: An Analysis of Bicycling in American Cities.”

Nearly 9 percent of Boulder workers pedaled their way to work regularly in 2014, says the League. Berkeley, CA, with close to 10 percent of the population biking to work, edged Boulder out of first place by less than one percent.

The League’s analysis is based on 2014 data from the Census Bureau’s American Community Survey, when respondents ages 16 and older nationwide were asked what mode of transportation they used to “usually get to work.”

Fort Collins rounded out the top five, taking the No. 5 spot for highest percentage of bikers among cities

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

Mortgage interest rates improved this past week largely driven by today’s weaker than expected employment report for May.  Non-Farm Payrolls were expected to increase by 158k; as reported, Non-Farm Payrolls increased by only 38k, the lowest level since September 2010.  Private Jobs were expected to increase by 150k; as reported, Private Jobs increased by only 25k.  As a result of the weak employment report it’s unlikely that the Fed will increase the Fed Funds rate at its June FOMC meeting.  The unemployment rate fell to 4.7% but that was mainly due to people dropping out of the labor force.  The labor participation rate fell 0.2% to 62.6%.  Other data was mixed. 

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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 economic data was mainly stronger than expected.  Economic data stronger than expected included April New Home Sales, the April Trade Deficit, the March FHFA Home Price Index, Jobless Claims, April Durable Goods Orders, and April Pending Home Sales.  New Home Sales had their largest increase since 1992 and reached their highest level since the beginning of 2008.  Economic data weaker than expected included the May PMI Manufacturing Flash Index, the University of Michigan Consumer Sentiment Index, and the second look at Q2 GDP.  Q2 GDP was revised upward to +0.8% on expectations of +0.9%.  The Treasury

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