RE/MAX of Boulder Real Estate Blog

1.       543 Humboldt Street, Denver                                      OPEN SATURDAY 11 AM – 1 PM 

2.       22 Benthaven Place, Boulder                                        OPEN SATURDAY 12 AM – 2 PM

3.       3330 25th Street, Boulder                                           OPEN SATURDAY 10 AM -2 PM 

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Re/MAX of Boulder Radio continues its history kick this week with Duane Duggan interviewing James Hewat, the senior historic preservation planner for the City of Boulder.  Boulder has a wealth of historic districts and landmark buildings and Hewat gave us the scoop on what that means for homeowners, buyers, REALTORS®, and citizens of Boulder.

Hewat has been with the City of Boulder as a historic preservation planner for 10 years and has a masters degree in historic preservation.  His deep knowledge of Boulder history and years of experience in preservation make him the perfect resource for anyone interested in making their property a landmark or proposing changes to already landmarked buildings.  

To give us a better understanding of what the

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RE/MAX of Boulder Radio continues to explore the rich history of Boulder this week with Carol Taylor, the Curator of Adult Programs and Research at the Boulder History Museum.  This week Duane Duggan talks about the sand creek massacre and the wildly popular Chief Niwot exhibit.

The Boulder History Museum (soon to be renamed the Museum of Boulder) showcases the city’s rich history stretching back 200 years. Duggan points out that the native americans left behind a legacy that continues to be recognized today in the names of our streets, cities, and landmarks. REALTORS can often give the background of any certain area to their clients but it’s important to know what the history really means.  

With the 150th anniversary of the Sand Creek

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October’s real estate statistics for the Boulder area showed little has changed, which proves the remarket remains strong, according to Ken Hoard, senior vice president of public affairs for the Boulder Area Realtor® Association.

The 309 sales of single-family homes in October fell 6.9 percent compared with the sale of 332 homes in September, and they dipped 1.6 percent compared with 314 sales a year ago.

Although the sale of condominiums and townhomes increased 35 percent compared with a year ago – 131 units versus 97 – and 4 percent compared with 126 sales in September, Hotard says the statistics are skewed a bit by an abnormally weak month in October 2013.

And, he adds, when the comparative statistics represent less than a hundred sales, a

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1.       3782 Wonderland Hill Avenue, Boulder                        OPEN SUNDAY 1 PM – 3 PM 

2.       7526 Empire Drive, Boulder                                         OPEN SUNDAY 1:30 PM – 3 PM

3.       190 S Cleveland Avenue, Louisville                              OPEN Friday 2:30 PM – 4 PM

4.      1045 Laramie Boulevard D, Boulder                              OPEN SUNDAY 11 AM – 2 PM 

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The first step to starting up any new business is identifying the right city. And according to MSN Money, Denver ranks among the top 10 cities nationwide for entrepreneurs to set up shop.

Each of those cities offers attractive qualities entrepreneurs should look for in a home base: a strong community of existing small businesses; low living costs, specifically for self-employed people; and a well-educated workforce to ensure plenty of promising job applicants when you're ready to hire, according to MSN Money. They also all have low unemployment rates, which points to a healthy local economy.

MSN Money noted that Denver has 172 small businesses per 10,000 people; a cost of living that’s 6 percent above the U.S. average; 38.8 percent of the population

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While many of America’s 60-something citizens have worked to save more and put off drawing on their Social Security until they’re 70, they are still making mistakes when it comes to retirement planning and preparation, according to CNBC’s Suze Orman.

The big mistake many are making is heading into retirement while still in debt, she says, citing a TransUnion report that found that nearly one in three Americans 60 years old or older has an average debt of more than $60,000. That's a sharp contrast from the 22 percent of that population that had a debt of $40,000 in 2005.

Orman stresses the importance of paying off all debts for a more financially secure retirement. Doing so will lower bills – a critical fact when living on a fixed income – with the

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“Taking Inventory: Supply and Demand in the Boulder Valley” is the theme of the 2014 Boulder Valley Real Estate Conference and Forecast, or RE|CON, set for Nov. 20.

Presented by BizWest and Re/Max of Boulder, Inc., the event will include residential and commercial forecasts, national residential markets in 2015, the mortgage economy and emerging trends in real estate as well as cover some of the Boulder Valley’s most notable developments, the retail market and home building.

RE|CON will feature national experts including Brad Blackwell, executive vice president of Wells Fargo; Wendy McCray, a partner with PricewaterhouseCoopers; and Julie Piepho, president of operations for Cornerstone Home Lending Inc.

The conference is 10 a.m. to 4 p.m.

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With a 7.5 percent year-over-year improvement, Colorado’s home prices have hit a new peak as of September, according to CoreLogic’s Home Price Index.

Colorado is one of six states to do so, joined by Nebraska, North Dakota, South Dakota, Vermont and Texas.

The state saw home prices increase 1.2 percent in September since June and 0.1 percent compared with August, according to CoreLogic.

U.S. home prices increased 5.6 percent in September compared with a year ago, but they represented a 12.6 percent drop since they peaked in April 2006. Home prices nationally were in line with June’s and dipped only 0.1 percent compared with August.

The CoreLogic HPI also showed that the home prices in 28 states, including the District of Columbia, were at or

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

Mortgage interest rates were mostly flat on the week as economic data continues to be mixed.  Economic data stronger than expected included the October ISM Manufacturing Index, weekly jobless claims, Q3 Productivity, and October unemployment.  The four week moving average of jobless claims fell to its lowest level in 14 years.  Unemployment fell to 5.8% but the labor participation rate is still low at 62.8%.  Economic data weaker than expected included September Construction Spending, the September Trade Deficit, September Factory Orders, the October ISM Services Sector Index, October non-farm and private payrolls, and October Average Hourly Earnings.  In Europe,

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