All Blog Entries by Tom Kalinski Founder RE/MAX of Boulder

Found 296 blog entries published by Tom Kalinski Founder RE/MAX of Boulder.

Boulder County real estate sales overcame March’s bomb cyclone, kicking off spring home buying with a significant increase in month-over-month sales. 

Single-family home sales spiked 51.3 percent with 351 Boulder-area homes sold in March compared to 232 in February. Condo/townhome sales rose even more, jumping 62.8 percent for the month with 127 units sold vs. 78.

“It’s still early, but I’m glad to see March sales ended on a high note as we head into peak season over the next 3-4 months,” says Ken Hotard, senior vice president of public affairs for the Boulder Area Realtor® Association.

Even with the significant March rise, sales year-to-date lag last year, dropping 9.3 percent through March 2019 for single-family – 786 vs. 867 homes sold,

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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

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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

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Most of us in Colorado feel happy about our life.  Our degree of happiness and healthiness is measured annually when Gallup conducts its wellbeing survey. In the recently released 2018 results, Colorado ranked No. 6 on the Gallup National Health and Well-Being Index, marking the 11th year in a row in the top 10 across the U.S.

Colorado and Hawaii are the only two states with an eleven year record in the top 10. Hawaii ranked No. 1 and Wyoming, Alaska, Montana and Utah followed as the top five.

Colorado’s long held position as top state for physical wellbeing was nudged out in 2018 by Alaska and Wyoming. Hawaii topped all states in three elements in 2018, leading the U.S. in career, social, and financial wellbeing. Alaska and North Dakota were

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Home sales for Boulder-area real estate got off to a slow start in 2019 despite fairly mild January weather, resulting in decreased sales compared with a year ago. 

Single-family homes posted 184 sales, a decrease of 20.3 percent compared with 231 homes sold in the same month last year. Sales of condominiums and townhomes dropped 23.0 percent for the same period with 71 units sold vs. 92.

“The market saw a pretty significant slowdown that started mid-November and continued through January,” says Ken Hotard, senior vice president of public affairs for the Boulder Area Realtor® Association. “The fundamentals are still solid—inventory improved and interest rates aren’t going up quickly,” he says, noting that interest rates are historically low and

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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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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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Boulder’s economic horizon will keep its rosy glow, though economists anticipate the pace will slow in the face of growing local and national challenges.

Nationally recognized experts presented a mixed economic message to a record-setting crowd of civic, political and business leaders gathered for the 12th annual Boulder Economic Forecast. Organized by the Boulder Chamber and Boulder Economic Council, the event was held January 17 at the Embassy Suites Hotel. RE/MAX of Boulder is among the event’s sponsors.

The goal is to arm community leaders with up-to-date statistics and trends that inform decisions and support local economic vitality, according to John Tayer, CEO and President of the Boulder Chamber.  

And community leaders will want to

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If you live in Boulder County, you know that all the ingredients needed to make a great place to raise a family are right here. So it’s no surprise that seven of Colorado’s top 25 places to raise a family in 2018 are in Boulder County, according to analysis by Niche.com.

Niche.com ranked the family friendliness of locations by assessing the quality of public schools, cost of living, crime rate, access to amenities, diversity, housing trends, employment statistics and percentage of households with children, among other characteristics. Data sources include U.S. Census Bureau data, the American Community Survey, FBI crime reports, and local surveys.

Most top 25 Colorado locations are in the Boulder area or the Denver metro area. Here are the

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As we look ahead to coming trends in 2019 real estate, home buyers and sellers nationwide will face changes in the marketplace, according to the economic research team at realtor.com. From housing inventory to generational shifts, here are four top trends to look for in 2019.

1. Inventory will grow, especially for luxury homes

Inventory has been tight nationwide, hitting its lowest level in recorded history in the winter of 2017, says realtor.com. Supply finally began catching up with demand in 2018. That inventory growth will continue in 2019, but at rate of less than 7 percent. While sellers will have more competition, it will still be a good market.

“More inventory for sellers means it’s not going to be as easy as it has been in past

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