All Blog Entries by Phil Boren 
Phil Boren is a 26-year real estate veteran and Broker Associate with RE/MAX of Boulder, the #1 RE/MAX office in the 5-state Region in 2003, 2004, 2005 and 2006, and the #1 office in the U.S. in 2007, 2008, 2009 and 2010. If you have any questions about Boulder real estate, feel free to contact Phil.
There are currently 147 blog entries published by Phil Boren.
Moving to Colorado? Join the Crowd!
Monday, January 16th, 2012 at 3:39pm. 293 Views, 0 Comments.
Moving to Colorado? If you've considered moving to Colorado, you would not be alone. Actually, you would be joining a pretty big crowd! Colorado has increasingly been a popular destination for people moving from other states. Often called "net in-migration" by demographers, this benchmark refers to the net number of people moving in, i.e. total minus the number moving out. For the time period from 2001 to 2009, for example, Colorado ranked 10th on the list of the country's most popular destinations. More recently, an article in the Denver Post cited data from the U.S. Census Bureau, indicating that nearly 32,000 people (net), moved to Colorado in 2011. That now ranks Colorado 5th nationally:
Boulder Homes For Sale: Boulder MLS Listings Offer a Wide Range of Prices
Wednesday, January 11th, 2012 at 5:34pm. 188 Views, 1 Comments.
Boulder Homes For Sale: Boulder MLS listings offer a wide range of prices; based on IRES data today, there are some 470 single-family listings active in Boulder that range in price from a low of $85,000 (Gold Hill cabin), to $8.5 million up in Pine Brook, with 73 classified as either under contract, under a first right or pending. That equates to an under-contract ratio of about 16% in Boulder right now.
With this broad range of local inventory available right now, coupled with the lowest mortgage interest rates many people have seen in their lifetime, it makes sense to at least take a look at the opportunities that are out there right now. The Boulder real estate market has fared pretty well during the past 12 months (ending in November, 2011;…
Boulder, CO and the Improving Market Index (IMI)
Wednesday, December 28th, 2011 at 6:51pm. 317 Views, 0 Comments.
Boulder, CO makes the Improving Market Index, or IMI, in December, 2011! This is a national leading-market indicator published monthly by the National Association of Home Builders (NAHB) and First American. The most recent edition was published on 12/6/11 and featured 20 new additions. We think this is an interesting statistical index because it reflects cities that have exhibited improvements in single-family building permits, employment and home prices for at least 6 consecutive months. Colorado actually placed two cities on the list this time around - Boulder and Ft. Collins.
On a broader level, it is also interesting and encouraging that the most-recent IMI list has expanded for 4 straight months, increasing from 30 to 41 cities across the…
Colorado's Safest Cities? Boulder and Longmont Both Ranked in the Top 5
Tuesday, December 27th, 2011 at 1:50pm. 194 Views, 0 Comments.
Colorado's safest city? Boulder and Longmont are both ranked in the top 5, according to the latest report from CQ Press. Their City Crime Ranking Report for 2011-2012 was released earlier this month, and uses data reported each year to the FBI. For this ranking report, they used data from cities with populations of 75,000 or more, and ranked the top 5, safest cities in Colorado as follows (in order):
CQ Press has been releasing these annual city rankings since 1999, and this year it is nice to see Northern Colorado represented so favorably. When you combine this study with so many others that rank Boulder County cities so highly in other areas such as the Boulder real estate market, it's no wonder…
Boulder Housing Report: National vs. Local Trends
Wednesday, November 23rd, 2011 at 12:24pm. 1944 Views, 1 Comments.
Boulder Housing Report: We thought it would be interesting to compare some recent national housing trends to what we've experienced with Boulder real estate during the past 12 months. RE/MAX recently published the October, 2011 National Housing Report, which is based on a survey of housing data published in 53 metro areas across the country.
The above report from RE/MAX International reveals some interesting national housing trends:
- Through October, 2011, it was the 4th consecutive month with year-over-year sales (volume) increases
- Foreclosure inventory is down
- Housing inventory dropped for the 16th straight month
- Home prices were down slightly
The Boulder real estate market has seen some similar, but not identical results reflected above. …
Blue Heron Lafayette Homes For Sale
Saturday, November 19th, 2011 at 2:40pm. 370 Views, 0 Comments.
Blue Heron, Lafayette Homes For Sale: Blue Heron is a very popular neighborhood, a gated community located just off the intersection of Arapahoe and 95th in Lafayette. There are currently 11 homes listed for sale in Blue Heron, and we just put the home at 2494 Ginny Way under contract. This is a wonderful home that backs up to the neighborhood park, and features over 6,000 square feet on one of the biggest lots in Blue Heron at .44 acres.
This neighborhood has a lot to offer and has long been one of the most popular in Lafayette. It's conveniently located with easy access to local shopping, the park, and to Boulder via Arapahoe Rd., and it provides Blue Heron residents with common amenities such as the private 5-acre park, play area, pool, and tennis…
Paperless Transactions: Sign on the Fly With DocuSign
Friday, October 14th, 2011 at 6:00pm. 1654 Views, 0 Comments.
Paperless Transactions: There's no argument that in any Boulder real estate deal these days there's a lot of paperwork. Whether you're listing your home for sale or making an offer to buy a home, there will be a lot of forms to read and a lot of signing to do. While some people still prefer to sign documents in person, we're seeing more and more people who appreciate the convenience of signing electronically while they're on the go.
One of the services we provide to all our clients is the option to sign documents electronically using DocuSign®. While we can always sign in person or scan documents to you in PDF format that you can print, sign and fax or scan back to us, we also give you the ability to sign anywhere you can access your email. In fact,…
Boulder Condos For Sale: A Review of the Boulder Condo Market
Wednesday, October 12th, 2011 at 12:23pm. 203 Views, 2 Comments.
Boulder Condos For Sale: A review of the Boulder condo market through September, 2011 indicates that overall, condo/attached dwelling prices have improved over the past 12 months. Based on IRES data, the median price of a sold condo/attached dwelling unit in the City of Boulder has increased by 13.8% over this period. Boulder has a wide spectrum of prices in this housing category - from under $100,000 to over $5,000,000, but the overall trend has been positive during the past year. The weaker segment of the overall market has been the luxury condo market.
If you review the following digital report on the condo market in Boulder, you'll see several positive indicators such as declining MSI (months' supply of inventory), declining DOM (days on market),…
Where in Boulder No. 2?
Tuesday, October 11th, 2011 at 11:13pm. 130 Views, 0 Comments.
Where in Boulder is this? This is our newest entry, following our initial launch about 30 days ago. If you're familiar with Boulder, CO at all, this latest entry should prove to be even easier to recognize than the previous one!
If you recognize this popular spot in Boulder, simply fill out the form below and submit and if you're one of the first 10 correct answers, we'll send you a complimentary coupon for $15 or 15% off your 2-entree dinner bill at - the Boulder Cork! If you've never been to the Boulder Cork, you should stop in and see why they've earned the reputation of one of Boulder's best steakhouses.
We will update the standings periodically so you'll know what your chances of winning are. We hope you have some fun with our newest feature, and…
Tips For Financing Your Next Home
Thursday, September 29th, 2011 at 3:25pm. 725 Views, 0 Comments.
Tips for financing your next home: In case you haven't heard, mortgage interest rates are at or near historic lows! Interest rates and APR's can vary depending on the lender and loan program, borrower's credit history, etc. You can check Colorado mortgage rates, but in general 30-year fixed rates are in the low 4's and 15-year fixed rates are in the low 3's? You have to go way back into ancient history to find rates even close to what we're seeing today.
One good tip in today's market is to closely compare the spread between the 30 and 15-year fixed rates. Many times home buyers will assume that the payment will be double on the shorter loan term, but in reality it's not. And, with the current spread, there may be an opportunity to save even more…
Moving to Colorado? Join the Crowd!
Moving to Colorado? If you've considered moving to Colorado, you would not be alone. Actually, you would be joini... Add Comment Read MoreBoulder Homes For Sale: Boulder MLS Listings Offer a Wide Range of Prices
Boulder Homes For Sale: Boulder MLS listings offer a wide range of prices; based on IRES data today, there are some 470... 1Comments Read MoreBoulder, CO and the Improving Market Index (IMI)
Boulder, CO makes the Improving Market Index, or IMI, in December, 2011! This is a national leading-market indicator pu... Add Comment Read MoreWe're looking for successful brokers to join our team at the #1 RE/MAX office in the U.S.!
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