RE/MAX of Boulder Real Estate Blog

While price appreciation continues to signal a strong Boulder-area market, month-over-month home sales for September pulled back in keeping with the usual fall slowdown.  

This year, however, due to robust home sales in 2015, that comparative slowdown isn't restricted to the fall. Overall 2016 sales volume is lower than last year as was expected, according to Ken Hotard, senior vice president of public affairs for the Boulder Area Realtor® Association.

Single-family home sales in September 2016 dropped 21.4 percent with 348 homes sold compared to the 443 sold in August.  Year-to-date, single-family home sales fell 10.9 percent through September 2016 with 3,385 homes sold compared to 3,801 through September 2015.

For condominiums and townhomes,

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After a summer of rising home prices, here's some good news for buyers. If you can choose the month in which you buy your next home, it could save you thousands of dollars.  

That month would be in the fall or winter, according to a recent study by  

Home sale prices – the amount buyers actually pay for a home – are highest during the peak home shopping months of June and July.

Come fall, home sale prices fall.

Across the 50 metro areas analyzed by, prices dip by 2.96 percent on average.  The findings are based on analysis of sales and listing over the past two years in the 50 largest metros using® data.

That nearly 3 percent decline results in a decrease of $8,300 on the median home from summer

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With Boulder's strong arts community, it stands to reason there are a lot of artists who choose to live here, nestled next to the Flatirons.

And it's true, according to a recent report by the National Endowment for the Arts. Compared to the rest of the nation, there are a lot of artists among us.

In fact, Boulder ranks third for the number of artists per capita among 367 metropolitan areas across the nation, trailing only Santa Fe, NM and Los Angeles, CA, according to the NEA report, Creativity Connects. Artists in some neighboring Colorado metros make up just over 1.5 percent or less of the total civilian labor force, with Denver-Aurora-Broomfield at 1.6 percent and Fort Collins-Loveland at 1.5 percent.

The report focuses on the needs of artists

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RE/MAX of Boulder supported the Boulder Chamber and its network of local businesses as a sponsor at the “Drive Your Business” event. The incomparable event featured a tour of the magnificent private car collection of Stephen Tebo, leading commercial real estate owner and developer.

His exclusive collection of 400 vintage and luxury cars spans eras and models, and includes famous cars such as John Lennon's Rolls Royce, Jacqueline Kennedy Onassis’s Jaguar, the Hearse that carried JFK to Air Force One, Frank Sinatra's Army Jeep, Steve McQueen's Indian Chief Motorcycle, Seinfeld’s taxi -- and even the Batmobile.

Off of the main floor are 12 satellite rooms showcasing different types of cars including Cadillacs, Corvettes, race cars, fire trucks, and

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When home prices increase as they have in the Boulder-area, homeowners gain equity in their home.

To some, it may feel like sitting on a small fortune. And with interest rates so low, many are taking out home equity loans and home equity lines of credit (HELOCs).

But what is the best use of equity?

If you are considering taking out a home equity loan or HELOC, the decision should be made carefully and with the guidance of a professional financial advisor. According to Realty Times, after careful consideration of the costs and risks involved some homeowners may find that if the money is used wisely, then taking out a home equity loan may be a good financial decision.

Here are four options offered by Realty Times.  

1. Make renovations

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‘Dry’ describes the climate of the Boulder-area since July. But ‘dry’ doesn’t adequately portray the complexities of today’s Boulder County real estate market.

Ken Hotard, senior vice president of public affairs for the Boulder Area Realtor® Association, has two additional terms for the current Boulder County real estate market that are somewhat contradictory: expected and unprecedented.

Sales trends, Hotard says, are performing as expected.

“The market overall is pretty much unchanged. Single-family home sales matched July, which continues to trail year-to-date well behind last year in both single-family and townhomes,” Hotard says.

Boulder-area markets saw 443 single-family home sales in August, the exact number of sales compared to July

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By Tom Kalinski

According to the 2015 Boulder County AgeWell study, older adults represent the fastest growing segment of Boulder County’s population. As of 2015, about 19% of Boulder County’s population was age 60 and over. By 2040 that population is projected to account for about 26% of Boulder County’s population. 

With this critically important demographic shift, businesses have an opportunity to benefit. RE/MAX of Boulder and Boulder County CareConnect are teaming up to host the Silver Business microSummit, a key event that will help businesses and entrepreneurs understand the trends and influences impacting older adults and learn how to engage age 55+ consumers in Boulder County and beyond. The event is free and open to the public. 

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Homeowners and builders eager to discover the latest in sustainable building practices will step inside some of Boulder County’s most innovative green home designs during the second annual Boulder Green Home Tour, Saturday, Sept.  24.

Self-guided tours showcase how renewable energy and energy efficient materials and practices create comfortable, sustainable living. The tour includes modern and traditional custom homes, remodels and multi-family projects in Boulder, Lafayette and Louisville.

Tour organizer Colorado Green Building Guild selected this year’s featured homes to promote the collaborative exchange of ideas on green building in the Boulder area.

The day will culminate in a celebratory after-party at the Roadhouse Depot. Open to all

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When it comes to where you call home, safety is one of the biggest concerns. Everyone wants to live in a safe town.  

So it’s welcome news to hear that two Colorado cities rank in the top 25 safest cities to live in America.

Fort Collins ranked No. 9 with Boulder following at No. 23, according to data analyzed by Niche, a company that researches and compiles information on cities and recently released their annual Safest Cities List.

To determine safety rankings, violent and property crimes per capita were analyzed. Crimes included in the violent crime statistic are assault, murder, robbery and rape. Property crimes included are burglary, larceny and vehicular theft.

The safest city in America for 2016 is Naperville, Illinois, according to

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Anyone who has purchased a home in Colorado is familiar with this scenario: After going under contract, you complete all of the necessary steps, from inspection through loan approval; you receive an email with instructions from the title company and wire your money to them the day before closing; you show up the following day, sign a voluminous stack of papers, and finally get your hands on the keys to your new house. The feeling of joy, relief, excitement, and myriad other emotions is palpable in the closing room.

How would it feel, however, to show up to the title company on the day of closing to hear that the title company never received your down-payment wire? Can you imagine that sinking feeling in the pit of your

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