On behalf of RE/MAX of Boulder, I would like to thank you for using our office and helping to make us THE leader in the Boulder Valley Real Estate Community. We average over 17 years of experience per agent and are recognized nationally for our excellence in real estate sales.
RE/MAX of Boulder prides itself on our proven ability to assist families relocating from other parts of the country, and the world. We offer Buyer Agency and have the largest inventory of property listings in Boulder County.
D.B. is a past President of the Boulder Area Board of REALTORS®, in addition to being a past REALTOR® of the Year for that organization as well.
D.B. is a third generation Coloradan. He graduated from the University of Colorado in 1975, and entered the real estate industry a year later.
In 1991, D.B. was named Manager of the Year for RE/MAX of Colorado. He manages an office of 87 full time REALTORS®. RE/MAX of Boulder has consistently been recognized as the highest producing RE/MAX office in the Rocky Mountain region, based upon per agent volume.
As Manager, he will personally introduce you to one of our REALTORS® who can guide you through the real estate process. Our real estate agents pride themselves on consulting, educating and preparing our clients in the home purchase or selling process.
D.B. Wilson RE/MAX of Boulder, Inc. 2425 Canyon Blvd., #110 Boulder, CO 80302 Phone: 303-441-5655 Fax: 303-731-4881
There are currently 393 blog entries published by DB Wilson.
Don’t look now, but the Boulder-area real estate market may be on the verge of recovery – albeit a mild one that’s taking its sweet time.
The 422 single-family homes and 145 condominiums/townhomes that sold in May represent increases of 41 percent and 46 percent respectively compared with May 2011, when 299 single-family homes and 99 attached homes sold. And that makes 11 out of the last 12 months the Boulder-area markets have experienced improvements in home sales.
Ken Hotard, senior vice president of public affairs for the Boulder Area Realtor Association, points out that May was the fifth consecutive month that Boulder-area markets had seen growth in home sales.
“It’s reasonable to conclude that the market has likely bottomed out and is on that slow
Lots of information and not much response from the markets. Yesterday we saw the 10 year treasury drop into the 1.57% range as the nervousness of the European crisis loomed following disappointing numbers from the US on GDP and jobless numbers. Today, with Europe “solved” again, the bonds crept back up into the current comfort level of 1.65%.
So what happened? The US economy grew by a dismal 1.9% during the first quarter. That was right at the consensus but still disappointing. With the exception of the robust 3.0% GDP number in the fourth quarter, we’ve been pretty constant right around an annualized rate of 1.9%. The new jobless claims came in, again at consensus number of 386,000. Last week’s numbers were revised up from 386,000 to 390,000
Not much happening of big consequence. New home sale came in a stronger than expected 7.6% improvement. Inventory is down to 4.7 months supply. Home prices were up a strong 1.6% but that’s still down 1.9% from last April. Durable goods orders were up a stronger than expected 1.1% when the consensus was up 0.4% but the previous months numbers were revised down, again. The pending home sales index (Properties under contract) was up a very strong 5.9% when the consensus was a range of -1.6 to +4.0%. The only concern is that contract fallout on this number has been extremely high in recent months. Truly all the focus is on the up coming EU Summit. The US 10 year T-bill has settled into a range around1.60-1.65, down slightly from last Friday. The
While a home inspection is standard protocol when purchasing a home, many buyers overlook one major type of inspection before move-in day, and if a problem is brewing, it can lead to some nasty consequences later on. What type of inspection is not included in the traditional home inspection? A sewer inspection.
Too often, buyers are unaware that the responsibility of the sewer line leading from the street to the home falls on their shoulders. Should a problem with the line occur, the cost of repair can be a staggering $5,000—not to mention a seriously messy clean-up.
An old septic tank can explode or degrade over time. Not only is the smell extremely unpleasant and lingering, but the mess is unsafe and hazardous to your health. Additionally, it can
Another week ends and the economic world is as clear as mud. Yesterday’s jobless claims report came in 4000 above the consensus estimate and the previous report was revised higher by 3000. That is bad and surprising news on our economy but good for interest rates In response, treasury yields dropped, only to jump up again today on speculation that Europe isn’t as bad this morning as it was yesterday afternoon. No news, just speculation.
FreddieMac’s weekly survey of mortgage rates dropped to a new record low of 3.66% with 0.7 points. That calculates out to about a 3.8% rate with no points which is close to the norm in Colorado. 15 year loans are down below 3% (2.96%) again with 0.8 points according to the survey, about a 3.25% note rate at par.
With this economy and the global situation, the markets can’t seem to figure out what they want. Prior to Wednesday’s report from Fed Chair Bernanke, consensus was that the markets wanted assurances that the Fed would step in and offer additional stimulus should the economy further. And that is exactly what Chairman Bernanke did. Immediately after his speech, bond yields which had drifted up after Greece’s election over the weekend and some good old fashion hedging before Ben’s report, dropped sharply, only to reverse fields and climb back to pre-speech levels. Ben gave them what they thought they wanted but apparently the dissection of the speech showed so much underlying economic weakness, everyone was spooked. The long bond ended Wednesday’s
If you have an historic house and care about maintaining authenticity, then you may be facing a unique challenge when attempting to renovate. Renovation of an older house can be very rewarding, yet comes with its own unique challenges. It's natural for an owner to want modern conveniences.
To maintain the character of your property, you may have to do a little extra work—or at least provide extra forethought—so that both goals can be accomplished. And if you aren't sure whether or not you want to keep the authenticity of your home intact, remember: Many states offer tax incentives, reductions and abatement programs for owners of residential historic homes. Historic structures offer a 20 percent investment tax credit for qualified rehabilitation
When a homeowner gets behind in their payments, they usually don’t know what to do, so they do nothing. In fact, over 70% of homeowners do just that, absolutely nothing, and walk away from their homes. In reality, there are several options, with foreclosure being the last one. A quick summary of some different options follow:
Reinstatement Often, the reason the homeowner got behind on payments was only temporary. The homeowner has to pay all the missed payments, any late fees and attorney fees in a lump sum payment. After the homeowner is caught up, the loan continues as it was.
Repayment Plan or Forbearance Sometimes the lender will take the missed payments, any late fees and attorney fees and divide them up over a payment plan or add the
Between spring cleaning and summer inspiration, it’s not uncommon to be bitten by the remodeling bug this time of year. From home improvement expert and author Dan Fritschen, here are great reasons why you should consider a home-improvement project this summer:
It can happen while you’re gone. If you’re one of the many families who go to the beach, mountains, or Grandma’s house for a week or so during the summer, Fritschen suggests scheduling your remodel to coincide so that you’ll be out of the house while the job is done. The workers will have more space, you won’t have to worry about safety hazards and staying out of their way, and you’ll be able to come home to a new and improved house.
Long days equals faster completion. Everybody loves long, warm
Wednesday turned out to be the high point for interest rates for the week with the 10 year long bond ending the week at 1.59% after being as low as 1.56%. With weak economic news coming out of the US all week and Greece having its all important vote on leaving the EU on Sunday, investors shifted lots of money of US bonds. Mortgage rates followed this time as the 30 year fixed rated dropped to 3.5% locally.
The US economy hit more bumps late this week as Thursday’s new jobless claims came in worse than expected at 386,000 and last week's numbers were revised 3000 to the bad. The Consumer Price index (inflation standard) came in at -0.3% when consensus was 0%. While negative inflation sounds good, this means we’re not growing at all. The good news is