November 2015

Found 9 blog entries for November 2015.

Boulder County is changing in ways we can’t help but notice, according to 2015-2016 TRENDS report by the Community Foundation Serving Boulder County.

We’re getting grayer, more ethnically diverse, and more of us are living outside of Boulder city limits, the 20th annual review of key community indicators shows.

“Municipalities outside the City of Boulder have seen enormous growth,” says Josie Heath, president of Community Foundation Serving Boulder County. “At the same time, we have a population that is growing older – 13 percent of the county is 65 or older. By 2030, it will be more than 20 percent.”

Today, 1 in 10 of our residents is a senior citizen. By 2030, seniors will grow to be 1 in 5 of our total population.

Now Boulder County has

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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 economic data continues to be mostly weaker than expected.  Economic data weaker than expected included the New York Empire State Manufacturing Index, October Industrial Production, the November NAHB Housing Market Index, October Housing Starts, and weekly jobless claims.  Economic data stronger than expected included the November Philadelphia Fed Business Index and October Leading Economic Indicators.  Inflation data was in line with expectations.  The October Consumer Price Index (CPI) and core CPI, excluding the food and energy components, were both up 0.2%.  Year over year, CPI is up 0.2% and core CPI

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The countdown to ring in a record-setting year for Boulder-area real estate has begun, according to the gains shown by year-to-date sales statistics yet again in October 2015.

Single-family home sales led the way, increasing 11.4 percent year-to-date through October 2015 compared to the first ten months of 2014 – 4,199 units versus 3,768. This marks the second consecutive month for a rise of 11.4 percent year-to-date.

Sales of condominiums and townhomes in the Boulder-area improved 5.1 percent year-to-date – 1,388 units – compared with 2014 – 1,321 units.  

In step with a seasonal slowdown, month-over-month sales declined for single-family and condos/townhomes. The 399 single-family homes that sold in the Boulder Valley in October represented a

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10240 Dresden Street, Firestone                               OPEN SATURDAY 1 - 3 PM                           Julie Gullett                       


7327 Island Circle, Boulder                                          OPEN SUNDAY 12 - 2 PM                             Lynn Ryan                           


215 Sunland Street, Louisville                                     OPEN SUNDAY 12 - 2 PM                             Barb Sill-Prantner           


2063 Cedarwood Place, Erie                                        OPEN SUNDAY 12 - 2 PM                             Chris Carter                       


2590 Sumac Avenue, Boulder                                     OPEN SUNDAY 12 - 2 PM                             Lisa Wade                            

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Just like in the movie, “Home Alone,” burglars work overtime during the holidays, watching for the signs that show you are traveling.   

Most homeowners know the best defense against these lurking crooks is to make it look like you’re home. But in addition to the tried and true technique of putting a few lights on timers or stopping your newspaper and mail delivery, several new high-tech devices can help, too.

These technology tips, provided by Houzz.com, will help you secure your home while you travel.

1. Don’t Broadcast Your Trip on Social Media

If you post your travel plans or adventures on social media, make sure the posts are private. Public posts are available to friends-of-friends and other strangers and are indexed on search

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10443 Sunlight Dr., Lafayette                   OPEN SATURDAY 11 AM – 1 PM                Patrick Dolan                                     

1388 Glen Ct., Boulder                              OPEN SATURDAY 1 – 4 PM                      Karla Bielanski        

1910 Kristy Ct., Longmont                          OPEN SATURDAY 2 – 4 PM                     Denise Patryas                                                  

819 W. Mulberry St., Louisville                  OPEN SUNDAY 11 AM – 1 PM                    Andrea Farinacci                              

1876 Tyler Ave., Louisville                         OPEN SUNDAY 12 – 2 PM                        Dale Pearson                     

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

Mortgage interest rates increased this past week largely on today’s stronger than expected October employment report.  Non-Farm Payrolls were expected to increase by 190k; as reported, Non-Farm Payrolls increased by 271k.  Private Jobs were expected to increase by 174k; as reported, Private Jobs increased by 268k.  Average Hourly Earnings increased by 0.4% on expectations that they would increase by 0.2%.  The unemployment rate fell to 5.0%, in line with expectations.  As a result of the strong employment report, the Fed is more likely to increase short term interest rates at its December FOMC Meeting.  Other economic data was mostly stronger than expected as well. 

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Chris Wood, Publisher for BizWest Media and an organizer of the annual Fall Boulder Valley Real Estate Conference, along with Jay Kalinski, Co-owner of RE/MAX of Boulder and moderator for the conference, joined me on the latest RE/MAX of Boulder podcast. BizWest Media presents the annual real estate conference and RE/MAX of Boulder is proud to be an annual title sponsor. Wood and Kalinski highlighted the local and national industry leaders who will be speaking on the current, as well as future climate of real estate in Boulder Valley and nationwide. Over 200 attendees have registered! BizWest Media and RE/MAX of Boulder hope to see you there. Sign-up at fallrealestatconference.com 

 

The Fall Boulder Valley Real Estate Conference is Wednesday,

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Colorado women entrepreneurs, here is some news you can use: Three of the top 10 best places  for women to start a business are in Colorado.

In the nationwide analysis examining metro areas for the success of women-owned ventures, Boulder was ranked No. 1 followed by Denver-Aurora-Lakewood at No. 3 and Fort Collins at No. 10, according to a NerdWallet.com analysis. 

All three locales got high marks for above-average levels of women’s entrepreneurship and small-business loan rates when compared to 174 U.S. metro areas.

The study focused on factors for small-business success -- including financing opportunities, local economic health and business climate -- using data from the U.S. Census Bureau and the Small Business Administration.

Colorado

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