RE/MAX of Boulder News

This May Day, one thing every property owner in Boulder County can depend on is receiving is a newly assessed property value. Since 2019 is an odd numbered year, state statute requires that every property in Boulder County be evaluated for “assessed value”. Notices of assessed value will go out countywide on May 1, 2019.  The new assessed value is based on past real estate market sales of comparable properties from July 1, 2016 to June 30, 2018.  If there isn’t enough information in that time frame, the assessor is allowed to go back five years to collect sales data. The assessor then uses a “time trending” appreciation rate by area to adjust values on the basis of when the sale occurred within the allowable time frame. 

The assessment and

Colorado ranked as the No. 5 most innovative state in the U.S. and the achievement comes with perks.

For example, innovation is a principal driver of U.S. economic growth, reports WalletHub, which points toward good news for Colorado’s economic outlook.

“In 2019, the U.S. will spend an estimated $581 billion on research and development — more than any other country in the world and about 25 percent of the world’s total — helping the nation rank No. 6 on the Global Innovation Index,” writes WalletHub in its recently released study of Least & Most Innovative States.

The study compared 50 states and the District of Columbia across 24 indicators of innovation-friendliness, ranging from share of STEM professionals to tech-company density.

The

Did you know there are three different opportunities in Colorado and Boulder County available for seniors to ease the burden of property tax payments on real estate?

Senior Tax Deferral Program

First is the senior tax deferral program. This is a program offered by the State of Colorado that enables you to postpone the payment of your property taxes until you sell the property, or even until your death when your estate can deal with it. Of course, there is a bit of a catch. Interest is applied and accrues on the deferred amount. In 2019, the interest rate is 3.125%. Also, there are eligibility requirements, so you will need to fill out an application for approval through the Boulder County Treasurer’s office. The treasurer’s office sends the

Article published in the Daily Camera's At Home section on Friday, April 5, 2019.

Have you ever longed to retire in a luxury condo next to the azure waters of Cabo San Lucas or Playa del Carmen? Or thought of buying a vacation home in Mexico, or even considered moving there for work? It might seem daunting to purchase real estate across the border. In fact, this is precisely what Mexican visitors, who vacation in Vail and Aspen or want to relocate to Colorado for work, might be thinking, too. 

The link between Colorado and Mexico is a strong one. Mexico is Colorado’s second-largest export market and travel between Colorado and Mexico is increasing. It’s no wonder that Coloradans visiting Mexico, and rising numbers of Mexicans visiting

Spring has sprung and real estate “For Sale” signs are popping out of the ground like tulips! Usually a real estate “For Sale” sign is pretty straightforward and announces that a house is for sale. However, with recent market conditions, there has been a trend across the country of “For Sale” signs having a sign rider attached that says, “Coming Soon”. The “Coming Soon” rider has been a source of confusion for the public and among real estate professionals.

What’s a “Coming Soon” Listing?

A “Coming Soon” listing, in its purest form, is a listing that will be making an appearance on the market in the near future. A legitimate “Coming Soon” property is not available for showing or sale until a future date. In most cases, the seller is getting the

February’s Boulder-area home sales shook off January’s real estate chill with a rise in sales all around. But even with the significant jump for the month, sales for the year still lag compared with last year, which could be good news for those ready to buy a home in this competitive market.  

Single-family home sales for Boulder rose 26.1 percent in February – 232 homes sold compared with 184 last month. In condominium/townhomes, 78 units sold in February, a 9.8 percent improvement compared with January’s 71 units sold.

“It was good to see the February rebound in sales for both single-family and attached dwellings. But year-over-year, sales are behind in both. We’re definitely getting a slower start to the year,” says Ken Hotard, senior vice

When listing a home with a real estate agent, sellers of psychologically impacted or “stigmatized” homes often ask if a seller needs to disclose a something such as a murder or suicide occurring on the property. The answer is not the same across all states, but luckily, in Colorado, we have some guidance from the legislature. The legislation is found in C.R.S. 38-35.5-101 clarifying the answer and is shown below:

“C.R.S 38-35.5-101 Circumstances psychologically impacting real property--no duty for broker or salesperson to disclose.

 (1) Facts or suspicions regarding circumstances occurring on a parcel of property which could psychologically impact or stigmatize such property are not material facts subject to a disclosure requirement in a real