Tagged : boulder real estate 
There are currently 30 blog entries matching this tag.
Boulder Housing Report: National vs. Local Trends
Wednesday, November 23rd, 2011 at 12:24pm. 1944 Views, 0 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. …
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…
QRM: What is a Qualified Residential Mortgage?
Monday, August 29th, 2011 at 12:02pm. 1780 Views, 0 Comments.
QRM: What is a Qualified Residential Mortgage and what does it mean for the Boulder real estate market? In a nutshell, the QRM is a proposed new federal mortgage-loan regulation under the Dodd-Frank Act that would require a 20% downpayment. Specifically, under the proposed regulation a lender must hold 5% of the risk (loan amount), unless the loan is a QRM. So, a lender originating a non-QRM loan would, in effect, have some "skin in the game" with respect to the new loan as opposed to just pooling the loan for sale in the secondary market. Here's a video from NAR with a lot more details:
Watch the QRM Video by Clicking Here
A lot of people have feared that this new regulation would eliminate all mortgage loans that don't meet the new QRM criteria,…
Boulder, CO Population Tops 100,000: Is Boulder Real Estate Affected?
Wednesday, June 23rd, 2010 at 11:31am. 688 Views, 0 Comments.
Boulder, CO's population has, according to the U.S. Census, exceeded 100,000. Is Boulder real estate affected? There is good and bad news that comes with this milestone; the bad news is that Boulder is more crowded, has more traffic, and has to deal with all the infrastructure pains that growth inevitably brings. The good news is that by virtue of breaking this "magical" population barrier, Boulder may now be eligible for more state and federal funding that "small" towns (under 100,000), are not eligible for.
The following data is from the U.S. Census Bureau, which tracks population as of July 1 each year:
| City | 2000 Census | 2009 Census | % Change |
| Boulder | 94,673 | 100,160 | 5.80 |
The Boulder real estate market will likely be positively…
Boulder Landlords: Update on Boulder's New SmartRegs
Tuesday, May 25th, 2010 at 1:36pm. 341 Views, 0 Comments.
Boulder Landlords and Tenants: At the last Boulder City Council meeting on May 18th, the city's proposed new "SmartRegs" concerning rental property were discussed. I was a little surprised to hear that many Boulder landlords spoke in favor of the new regulations. Some tenants spoke out about the high cost energy/utilities in Boulder, which really speaks to the heart of this issue. The devil's in the details, though, and implementation might be easier said than done.
In a previous post we discussed some of the details of Boulder's proposed Rental Energy Conservation Ordinance (RECO); prior to the next public hearing, you can also call and email City Council member(s) and let them know your position. Due to the amount of public interest, the discussion…
Gold Run Condos in Boulder, CO | Gold Run Condos For Sale
Friday, May 21st, 2010 at 11:59am. 544 Views, 0 Comments.
Gold Run Condos in Boulder, CO: One of Boulder's more popular condominium projects, Gold Run is known for it's convenient location in proximity to The University of Colorado (CU). Boulder Creek borders the north end of the project, and residents enjoy a health club with pool and workout facilities.
Based on data from IRES as of 5-20-2010, there are currently 22 Gold Run units for sale. These available units represent a range in price from $167,900 to $459,000, with an average price of $276,958 and a median price of $264,900. During the past year, 18 Gold Run units sold. Prices ranged from $165,000 to $455,000, with an average of $263,916 and a median of $238,000. The average days on the market for these sold units was 91. The market for these units…
Boulder Real Estate - First Quarter Results Are Encouraging
Thursday, April 8th, 2010 at 3:05pm. 250 Views, 0 Comments.
Boulder real estate has produced some encouraging results in the 1st quarter of 2010. The following chart summarizes some results for the City of Boulder single-family re-sale market over the past 6 months, based on data from IRES as of 4/08/2010:
Comparing the results from the 1st Qtr. of 2010 with the 4th Qtr. of 2009, there are some positive signs. This chart in particular depicts three important stats: 1) The average number of Boulder homes for sale has declined by 5%, 2) The average number of homes under contract is up 57%, and 3) The average percentage of inventory under contract is up 64%. While there is some seasonality inherent in these numbers that would temper the increases to some degree, the general trend is definitely…
Boulder Homes For Sale
Thursday, March 25th, 2010 at 4:08pm. 236 Views, 0 Comments.
Boulder homes for sale: Did you know that according to IRES as of today, there are 1,835 single-family and attached Boulder County homes for sale that qualify for the federal tax credit of up to $8,000? That's a lot of opportunity - sometimes you have to take the leap of faith and jump into the market! Here's a breakdown of qualifying home inventory in a few local areas today:
| Boulder County |
1835 |
| City of Boulder |
673 |
| City of Longmont |
559 |
| City of Lafayette |
161 |
| City of Louisville |
93 |
| Town of Niwot |
36 |
With home mortgage rates at record lows and with this many qualifying homes on the market - many at reduced prices - the April 30th deadline is fast-approaching. As of today there are only 36 days left to claim this…
Boulder MLS Listings: Now Search For Active and Sold Listings!
Wednesday, March 17th, 2010 at 11:39pm. 684 Views, 0 Comments.
Boulder MLS listings have always been easy to search on BoulderHomeResource.com; now our newest online feature will also enable you to search the Boulder MLS for SOLD listings, too! Read more about Sold Boulder MLS Listings, but now you can see what properties are currently available and which ones have sold within the last year. You can search Boulder MLS listings as always, but our new feature allows you to specify "Active" and/or "Sold" listing results:
We're working hard to provide you with the most complete online experience in the market for Boulder Valley real estate. Check out our newest MLS-search feature! If you're thinking about Boulder real estate, or about buying or selling a Boulder home, please call us at 303-441-5647 or contact us…
Boulder County Foreclosure and Short Sale Listings: Find Distressed Properties For Sale
Wednesday, March 17th, 2010 at 11:09pm. 513 Views, 0 Comments.
Boulder County foreclosure and short sale listings might represent an opportunity for Boulder home buyers, especially as the first-time home buyer tax credit deadline of April 30th approaches. We have added a new feature on our website that will make it even easier to spot these deals and take advantage of what may be a vanishing opportunity! At BoulderHomeResource.com you can search Boulder MLS listings as always, but as illustrated below, our new feature will enable you to specify that you only want to see foreclosure and/or short-sale listings!
As of this writing, IRES reports that there are nearly 100 of these so-called "distressed properties" (single-family detached) active on the market in Boulder County across all price ranges. Many others…
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