March 2017

Found 8 blog entries for March 2017.

Real estate has its ups and down. Such is life, but statistics show that investing in a home in Boulder County is a good bet over time.   

But buying your first home is not so easy. Would be first home buyers often find the down payment and mortgage can be challenging financially. Real estate and financial professionals will tell you that to achieve home ownership, you’ll have to take decisive action.

Here are some ideas on how to get started down the path that leads to the purchase of your first home, as first published by Bradley K. Tuttle’s Real Estate Report.  

Don’t take shortcuts: Find the right professional help

Talk to real estate professionals (I recommend our wonderful and capable agents), even before you are ready to buy. With their

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Published in the At Home section of the Boulder Daily Camera on March 24, 2017

RE/MAX of Boulder is pleased to announce that 14 of the company’s Realtors were recognized with career achievement awards, acknowledging outstanding professional accomplishments.

Awards, including Lifetime Achievement Award and Hall of Fame, were presented at the recent annual international RE/MAX convention held in Las Vegas, NV.

Lifetime Achievement was awarded to Brian Sundberg, Dave Fish and Susan Weeks.

Hall of Fame recipients are Terry Larsen, Digger Braymiller, Mary Ellen Wood, Andy Rice, Shawn Johnson, Kimberly Fels, Linda Nehls, Carroll McCorkle, Mary Huffman, Kelly Atteridg and Carolyn Bleicher.

 In addition, RE/MAX of Boulder was awarded top honors

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Boulder-area home sales improved in February 2017, as sales jumped substantially in condo/townhomes, single-family home inventory rose, and prices moderated slightly. But inventory continues to be far lower than a healthy market requires.   

“It’s the same old song, inventory – or the lack of it – is driving a lot of the numbers,” says Ken Hotard, senior vice president of public affairs for the Boulder Area Realtor® Association.

Hotard is hopeful that homeowners considering selling will decide to move as the spring real estate season approaches.   He says “we're seeing the beginning edge of that as some of the inventory numbers have gone up.”

In condominiums and townhomes, Boulder-area sales grew 36.8 percent month-over-month – 78 units vs. 57 in

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Published in the At Home section of the Boulder Daily Camera on March 17, 2017

RE/MAX of Boulder was named No. 1 single RE/MAX office in the U.S. for 2016 sales volume, marking the eighth time the company earned the No. 1 ranking.

The award was presented at the recent annual international RE/MAX convention held in Las Vegas, NV, attended by more than 6,000 agents and brokers from 60 countries.

“We are thrilled that the hard work and dedication of our more than 100 Realtors has been recognized,” says Jay Kalinski, RE/MAX of Boulder broker/owner who accepted the award. “Serving the community of Boulder Valley – the community I grew up in – means so much to me and my family. This award represents the many friends, neighbors and newcomers that RE/MAX

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Did you ever notice that there seem to be so many new apartment buildings in the Boulder Valley and Denver (perhaps too many) and only a miniscule amount of new condo buildings? If you are in the market for your first home, or downsizing to your last, I bet you have noticed this phenomenon. I am here to tell you that you are not crazy. There is an explanation and a solution.

Anyone who is even casually familiar with the real estate market in the Boulder Valley, like much of Colorado, knows that it is characterized by two features: lack of inventory generally and lack of affordable homes specifically. Most people do not know, however, that correcting the imbalances in the construction-defects law would help ameliorate both conditions, and it’s within

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When I talk with first time real estate buyers the number one reason they don’t buy a home of their own is the hurdle of the down payment. This article will explain several ways that a new home can be purchased with much smaller down payments than the typical 20% and some ways you might be able to raise the funds for your down payment.

1. The Traditional. Ask your parents or other relatives for a gift of cash to go toward your down payment. Worst thing that can happen is they say ‘No’, which is why there are more suggestions below.

2. The Seems Obvious. Save your money. No Starbuck’s Carmel Frappuccino, no cable or satellite TV, shop for cheaper car insurance, keep the entertainment budget low and strict, forget about vacations. You get the idea.

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This article was featured in the Aging at Altitude insert in the Boulder Daily Camera published on Sunday, February 26, 2017. Our Managing Broker DB Wilson and Broker/Owner Jay Kalinski are both quoted in the article. Read, enjoy, and share.

 

 

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As 59 million people nationwide consider becoming home buyers this year, real estate prices have soared to record highs and inventory continues to be in shorty supply, making the path to owning a home in America increasingly challenging. Many of those would-be buyers, older millennials and Generation X members ranging in age from 27 to 52, show ‘more willingness’ to buy a first home or trade up to a new home, according to a recent survey by Bankrate.com.

Here in Boulder County, home price appreciation is commonplace, where the last five years saw a 49 percent increase in the average price for a single-family home, according to the Boulder Valley Real Estate Report published February 2017 by RE/MAX of Boulder.

The trend of rising prices extends

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