Tagged : buying a boulder home

There are currently 24 blog entries matching this tag.

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Buying a Boulder Home? Managing Your Credit is Critical

Wednesday, September 15th, 2010 at 4:23pm. 354 Views, 0 Comments.

buying a boulder home, home loans, credit issues, credit scoreBuying a Boulder Home?  Managing your credit is critical . . . maybe more critical than it has been in recent years.  There are a lot of pieces to this puzzle and unless you've been living under a rock lately, it probably comes as no real shock that tight credit is a fact of life these days.  Lenders have a gauntlet set out, even for the most qualified home buyers it seems.

The rules have changed and home buyers now have to manage their credit before, during the home-sales process, and even right up until the day of closing.  A far cry from the "old days", but a fact.  Most people realize that their credit report will be pulled as part of their mortgage loan application and approval.  But, many don't yet know that their lender may be required to pull…

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Buying a Boulder Home? Tips on Buying the Right Home

Tuesday, September 7th, 2010 at 6:03pm. 357 Views, 0 Comments.

buying a boulder home, boulder real estate, boulder neighborhoodsBuying a Boulder home?  With inventory higher and interest rates low, this may not sound like a very challenging topic.  Buying a home should be relatively simple and straight forward, right?  Well, yes, and no.  Buying a home may seem relatively straight forward, but buying the right home is anything but simple these days.

In the "good old days" we had market components that were basically the opposite of what we see today, i.e. low housing inventory and mortgage-loan approvals available pretty much for the asking.  As a result, the dynamics of the market were vastly different than what we have now.  Home buyers routinely accepted what they felt were "minor" flaws in a property and bought it anyway.  There were three primary reasons:

  • As a result of…

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    Boulder Real Estate: A Mid-Year Market Update and Review

    Tuesday, July 6th, 2010 at 3:04pm. 390 Views, 0 Comments.

    boulder real estate market, buying a boulder home, selling a boulder homeBoulder Real Estate: A Mid-Year Market Update and Review.  How is the Boulder real estate market faring this year?  The following statistics are taken from IRES as of 7/06/2010, and tend to reflect a residential re-sale market in Boulder that is offering some encouraging signs.  We wanted to present a number of charts this time, so we're using a new magazine-type format:

    Browse Boulder Re-Sale Market Stats Using This Link

    Median and average Boulder home prices have remained basically flat over the last 12 months, at about $530,000 and $637,000, respectively.  What's encouraging is that the average days on market, or DOM, has been reduced by about 32% to 75 days, while at the same time the overall inventory is down from a year ago.  Also encouraging is…

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    Newlands Homes in Boulder, CO | Newlands Homes For Sale

    Saturday, May 22nd, 2010 at 8:40am. 449 Views, 0 Comments.

    Newlands Homes in Boulder, CO:  Newlands is a popular neighborhood in central Boulder, offering a location that's coveted for its convenience.  If you're interested in Newlands homes for sale, we now have an additional tool for you to research that Boulder neighborhood with one click of your mouse:

    NewlandsHomesForSale

    Check it out and bookmark the landing page for future reference.  You'll be able to instantly browse current MLS listings in Newlands, see maps, get driving directions, watch available virtual tours, and more.  If you have favorite Boulder neighborhoods you would like us to add to our list, just contact us.

    Our goal is to provide you with superior service and the convenience of easily finding the Boulder real estate information you're…

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    Gold Run Condos in Boulder, CO | Gold Run Condos For Sale

    Friday, May 21st, 2010 at 11:59am. 938 Views, 0 Comments.

    gold run condos boulder, boulder condos for saleGold 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…

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    Dakota Ridge Homes in Boulder, CO | Dakota Ridge Homes For Sale

    Thursday, May 20th, 2010 at 12:17pm. 397 Views, 0 Comments.

    Dakota Ridge Homes in Boulder, CO:  Dakota Ridge is a popular neighborhood in North Boulder, offering a coveted location near open space and trails.  If you're interested in Dakota Ridge homes for sale, we now have an additional tool for you to research that Boulder neighborhood with one click of your mouse:

    DakotaRidgeHomes


    Check it out and bookmark the landing page for future reference.  You'll be able to instantly browse current MLS listings in Dakota Ridge, see maps, get driving directions, watch available virtual tours, and more.  If you have favorite Boulder neighborhoods you would like us to add to our list, just contact us.

    Our goal is to provide you with superior service and the convenience of easily finding the Boulder real estate

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    Martin Acres Homes in Boulder, CO | Martin Acres Homes For Sale

    Wednesday, May 19th, 2010 at 2:10pm. 461 Views, 0 Comments.

    martin acres neighborhood, boulder neighborhoods, boulder homesMartin Acres Homes in Boulder, CO:  Martin Acres is a popular neighborhood in South Boulder, offering some of the city's most affordable single-family homes.  If you're interested in Martin Acres homes for sale, we now have an additional tool for you to research that Boulder neighborhood with one click of your mouse:

    martin acres homes for sale, boulder neighborhoods, boulder real estate

    Check it out and bookmark the landing page for future reference.  You'll be able to instantly browse current MLS listings in Martin Acres, see maps, get driving directions, watch available virtual tours, and more.  If you have favorite Boulder neighborhoods you would like us to add to our list, just contact us.

    Our goal is to provide you with superior service and the convenience of easily finding the Boulder real estate information you're…

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    FHA's 203k Loan Program: Buy and Rehab Homes With One Loan

    Friday, May 7th, 2010 at 1:22pm. 826 Views, 3 Comments.

    203k loan, fha loan, buying and remodeling a homeFHA's 203k loan program may not be as well-known as "typical" FHA loans, but it can be a great financing tool.  Basically, the loan program allows you to purchase and rehab a home - all with one loan.  Many times someone will consider buying a home that needs work, but they struggle with how to acquire the property then come up with the additional money to rehab it.  The FHA 203k loan was designed to address this situation.

    There are some guidelines and restrictions (it is a government program . . .), but it can be a very effective way to finance the property acquisition and rehab costs with one low down payment.  Here are some brief highlights of the FHA 203k loan program:

    • One-to-Four unit properties are eligible
    • The improvements must have been…

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    Boulder, CO Pending Home Sales: The PHSI and What Does it Mean?

    Thursday, May 6th, 2010 at 2:46pm. 371 Views, 0 Comments.

    boulder real estate market, phsi, boulder pending homes salesBoulder, CO pending home sales: What is the Pending Home Sales Index (PHSI), and what does it mean?  Looking at historical home-sales statistics gives us some market trending perspective, but a forward-looking indicator, like the PHSI, gives us a good way to gauge what's ahead in the real estate market.  Also known as a "leading" indicator, we can often spot emerging trends with this index.

    Each month the National Association of Realtors (NAR), publishes their PHSI, which gives ratings based on a historical baseline going back to 1991.  On a national basis the PHSI was up about 5% in March 2010 vs. February.  Even more impressive is the fact that it was up year over year in March by about 21%.  Great.  What about something a little closer to home?

    In…

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    2010 YTD Boulder Real Estate Results: Boulder County Homes For Sale

    Tuesday, May 4th, 2010 at 11:57pm. 262 Views, 0 Comments.

    Boulder County homes for sale: The 2010 Boulder real estate market has really been a mixed bag so far - based on IRES sales data today, single-family re-sale home prices are up in some areas, down in others; invenrory reflects balance in some areas, imbalance in others.  It's difficult to characterize the "market" without breaking it down.  The short answer for those buying and/or selling Boulder homes is that it really depends on what price range your home is in.

    The federal tax credit for home buyers expired on 4/30, but it has had some influence on the Boulder real estate market.  Boulder home buyers have tended to gravitate towards the lower end of the price range, skewing the overall results a bit.  For example, the months' supply of inventory…

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