RE/MAX of Boulder News

Thirteen Colorado cities – including two in Boulder County – ranked among the Best Housing Markets in the U.S., according to WalletHub’s report released in August, 2017.

The report compares 300 small, mid-size and large U.S. cities across 21 key indicators of “Real Estate Market” – which ranked housing-market attractiveness and “Affordability and Economic Environment.” 

Each dimension was evaluated with weighted metrics, listed below, and then graded on a 100-point scale, with a score of 100 representing the healthiest. The cities were then rank-ordered.

Most of the metrics fall in the real estate market category.

Real estate market metrics are: home value forecast, median home-price appreciation, average days for selling, share of homes

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Boulder is the No. 1 metro area for women in business with 4.42 businesses per 100 residents owned by a woman -– more than any other city in the U.S., according to an analysis by NerdWallet and a new report from public relations and digital communications firm Version 2.0 Communications.

Photo courtesy of Rawpixel on Unsplash.com
Photo courtesy of Rawpixel on Unsplash.com

In fact, women-led businesses are cropping up across Colorado cities. Denver and Fort Collins also rank among the top 10 metros for women, ranking as Nos. 3 and 7 respectively. All have above-average levels of women’s entrepreneurship and small-business loan rates, the report says.

Colorado exceeds the nation for women that are self-employed with about 9.9 percent compared to 7.2 percent in the U.S. as a whole.

The

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Address                                          Day/Time            RE/MAX of Boulder Realtor

1555 Judson Dr, Boulder                  Sat 10-12,Sun 1-3    Lisa Wade

3035 11th St, Boulder                       Sat 11 – 1             Terri Cox/ Jeanne Bellomy           

1559 Vale Place, Erie                       Sun 12 – 2            Andrea Farinacci                              

5055 Ralston St. A, Boulder             Sat 12 – 2             Ann Cooper                                       

290 S. 5th St. Way, LaSalle              Sat 2 – 4               Denise Patryas                                 

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3891 Promontory Ct, Boulder   

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Two new gorgeous hotels are underway and near completion on Canyon Boulevard and 28th Street: the Embassy Suites and the Hilton Garden Inn.

The hotels have given RE/MAX of Boulder a special discount of 15% off the best available rate. Make your reservation today or share these discount links with family and friends! 

Embassy Suites by Hilton Boulder

2601 Canyon Blvd

This splendid urban retreat is located in the heart Boulder at Canyon Boulevard and 28th Street. With comfortable suites, upscale furnishings, and a deep-rooted local culture, you can anticipate a guest experience that’s equal parts style and service.

Very close to University of Colorado campus, Pearl Street Mall, and 29th Street Shopping District, Embassy Suites Boulder offers

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Address                                                       Day/Time                            RE/MAX of Boulder Realtor

1980 Edgewood Dr, Boulder                        Sat 11-1; Sun 12-2               Tammy Milano 

3981 Promontory Ct, Boulder                      Sat 11 – 1                              Brian Sundberg

4181 Lonetree Ct, Boulder                           Sat 3 – 5                               Ande Rice

1229 Nonaham Ln, Erie                               Sat 1-3; Sun 12-2                 Alana Childre                 

721 LaFarge Ave, Louisville                         Sat 12 – 3                             Paul Dart    

1302 Caria Dr, Lafayette                              Sat 12 – 3                             Paul

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The following article is a summary from the book, “Realtor for Life”, written by Duane Duggan.

Most people consider their single-family home they live in as an investment in real estate. In fact, when they fill out a financial statement, it is even listed as an asset. It’s true that the home will likely go up in value over the years, and as the loan is paid off, it could represent a significant part of a person’s net worth. However, in the truest sense of the word, the personal residence is really a liability rather than an investment.

Think about it: for your home, you are paying the mortgage payment, taxes, utilities, maintenance, etc. It all adds up to a pretty good amount of money being expended each month with no money coming into the

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Thirteen Colorado cities – including two in Boulder County – ranked among the Best Housing Markets in the U.S., according to WalletHub’s report released in August, 2017.

The report compares 300 small, mid-size and large U.S. cities across 21 key indicators of “Real Estate Market” – which ranked housing-market attractiveness and “Affordability and Economic Environment.” 

Each dimension was evaluated with weighted metrics, listed below, and then graded on a 100-point scale, with a score of 100 representing the healthiest. The cities were then rank-ordered.

Most of the metrics fall in the real estate market category.

Real estate market metrics are: home value forecast, median home-price appreciation, average days for selling, share of homes

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Boulder-area housing sales in August saw single-family home sales dip while condo and townhome sales pushed upward.

Both markets share a common factor that is driving the rate of sales – and that factor is inventory.

"As the number of homes available for sale goes up or down, sales follow. It's a correlative pattern that has shown for some months now," says Ken Hotard, vice president of public affairs for the Boulder Area REALTOR® Association. 

"In attached homes in August, inventory was up, which supported the increase in sales," says Hotard.

Townhome and condominium sales improved 9.2 percent in August 2017 compared to July – selling 142 units vs. 130. Inventory also improved, rising 21.3 percent with 239 units available this month

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With the tight rental market in Boulder, instead of fully relaxing during the upcoming family weekend at CU-Boulder, many parents face signing a high-rent lease for their child's off-campus housing next year.

But it doesn’t have to be this way.

Parents can get smart about their child’s college housing and offset the cost of college with a ‘Kiddie Condo Loan,’ says Duane Duggan on the RE/MAX of Boulder podcast with his guest Jessica Shanahan, loan officer from Premier Lending.

What’s a ‘Kiddie Condo Loan’?

Basically, instead of paying rent, you help your child buy a home.

“It doesn’t have to be a condo, it can be any kind of primary residence,” says Shanahan.

“If your child is coming to CU-Boulder and you want to invest in this

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The following article is a summary from the book, “Realtor for Life,” written by Duane Duggan.

When interest rates drop, you might wonder whether or not it makes any sense to refinance.  Unfortunately, there are many different “rules of thumb” being directed to the public to answer the question, “When is the right time to refinance?”

One of these “rules of thumb” says that if your current mortgage loan is less than two years old, you should not refinance. Generally, this thought comes from the fact that you have just paid closing costs and when you refinance, there will be another set of closing costs. 

Another common “rule” used to determine the feasibility of refinancing is that there should be at least a 2% spread between the old interest

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