February 2019

Found 15 blog entries for February 2019.

By Jed MacArthur, Realtor, RE/MAX of Boulder
Article published in the Daily Camera on February 22, 2019 in the atHome section

 

The No. 1 reason home buyers purchase a home is to get more living space. In fact, in a recent survey conducted online by Harris Poll on behalf of SunTrust Mortgage, 66 percent of millennials say more space is the top reason for purchasing a home.

That’s ample rationale to make the most of your home's bonus space when you plan to sell. Simple staging can turn that large landing or extra room into a space that declares, “Great Lifestyle!”. Your home sale will benefit from the impression of extra value.

With staging your bonus space in mind, consider these tips from Realtor.com on how to bring that nook or room to

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Every year, Colorado REALTORS® gather for two days in Denver at the Economic Summit and REALTOR® Day at the Capitol. This is an opportunity for Colorado REALTORS® to meet with Colorado legislators and hear a variety of presentations. This year’s meeting featured a “Housing for All – Demographics of Homeownership” panel discussion moderated by Matthew Leprino, a Denver REALTOR® and REColorado board member. The panel featured:

  • Muriel Williams, National Association of Real Estate Brokers (NAREB) 
  • Michael Lunden, National Association of Gay and Lesbian Real Estate Professionals (NAGLREP)                                                                                                                                  
  • Lisa Nguyen, Asian Real
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Address (click on blue links below for photos/description)

City(click on blue links below for map)

 

Date                                              

RE/MAX of Boulder Realtors             

200 S. Cleveland Ave

Louisville

SATURDAY 1 – 3

Brian Hellwig

1627 17th St

Boulder

SAT & SUN 1 – 4

Denise Patryas

1625 17th St

Boulder

SAT & SUN 1 – 4

Denise Patryas

1820 Mary Lane A6

Boulder

SAT & SUN 1 – 3

Ann Cooper

538 W. Laurel Court

Louisville

SATURDAY 2 – 4

E & L Team

4234 San Marco Dr

Longmont

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National Housing Starts Historical Chart from Macrotends.net

 

If you’ve ever attended an economic presentation, you know there’s a chance it can be pretty dry. I’m confident that if my economics classes in college were taught with as much enthusiasm as Dr. Elliot Eisenberg, a.k.a. the “Bowtie Economist” brings to his presentations, I probably would have paid a lot more attention. He may have even inspired me to pursue economics!  

Dr. Eisenberg gave a presentation last week during REALTOR® Day at the Capitol, a two-day event when over 200 Colorado REALTORS® met at the State Capitol to discuss a variety of state and federal policy issues that impact the real estate industry. It was also an opportunity for REALTORS® to share ideas from the

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More than 40 percent of homeowners in Boulder County are equity rich – that is the amount of loans secured by the property is 50 percent or less of the property’s estimated market value, according to ATTOM Data Solutions Q3 2018 U.S. Home Equity & Underwater Report.

Cities in Boulder County notch the upper end of the equity rich measure. Here are the statistics for Boulder County. Percentages within cities vary slightly by zip code:

Boulder – 55% equity rich

Louisville – 46% equity rich

Lafayette – 42% equity rich

Longmont – 41% equity rich

Statewide, Colorado homeowners aren’t far behind with more than 32 percent of Colorado properties equity rich.

Across the U.S., nearly 14.5 million properties are equity rich. That’s 25.7

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RE/MAX of Boulder's FREE home search app is the most accurate available, giving you instant searches and updates at your fingertips! In this quick video, RE/MAX of Boulder Realtor Mike Bader shows you how easy it is to use. Download it today at app.boulderco.com or from the App Store or GooglePlay. 

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Address (click on blue links below for photos/description)

City (click on blue links below for map)

 

Date                                                  

RE/MAX of Boulder Realtors                               

 

4792 Kellogg Circle

Boulder

SATURDAY 11 – 1

Sue Masterson

6973 Secrest Court

Arvada

SATURDAY 12 – 2

Mary Ellen Wood

702 W. Willow Street

Louisville

SATURDAY 1 – 3

Jacobson Team

1355 Northview Drive

Erie

SATURDAY 1 – 3

Terry Larson

2727 Northbrook Place

Boulder

SATURDAY 1 – 3

Kimberly Baldwin

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If you have three different professionals measure a home, you will likely be presented with three slightly different results. Why is that? Different standards, rounding differences, and local customs are just a few of the reasons.

Single family homes are usually measured using outside measurements, meaning the width of the wall is included in the total square footage number. Most appraisers use a tape measure divided up into 1/10th of a foot and use the measured distance. Some appraisers will round to the nearest ½ foot.

Generally, condos are measured inside wall to inside wall without counting the width of the wall.

For townhomes, exterior measurements are used, but with an estimate for ½ the width of the common wall counted in square

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In order to earn a real estate license in Colorado, an applicant must complete a total of 168 hours of coursework covering real estate law and practice, Colorado contracts, trust accounts, legal issues, closings, and practical applications. Colorado has much more stringent educational requirements than other states. Therefore, after agents are licensed and can practice real estate, it is common for many of them to stop right there when it comes to their training and professional development. 

If a real estate agent does want to strengthen her qualifications, the next step is to become a REALTOR®. A REALTOR® is a member of the National Association of REALTORS® (NAR), the industry’s leading trade organization, which been around for over 100 years.

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Boulder County home sales declined for December, but overall 2018 sales held somewhat steady with a slight decrease.

“December was not a fabulous month for home sales, particularly for attached dwellings,” says Ken Hotard, senior vice president of public affairs for the Boulder Area Realtor® Association.

Sales of condominiums and townhomes in the Boulder-area dropped 42.9 percent in December compared to November – 72 units sold vs. 126. For the year, attached dwelling sales improved .02 percent with 1,525 units sold vs. 1,522.

Single-family home sales dropped 2.6 percent with 302 sales vs. 310 for December compared to November. Year-over-year, single-family home sales dropped 2.3 percent – 4,533 sales vs. 4,640.

Hotard points out the total

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