Many baby boomers never bought a home in their younger years and some baby boomers lost their home in the 2007 to 2012 recession. Baby boomers were born between 1944 and 1964, making them between 55 and 75 years old this year. In the U.S., there are currently 76 million baby boomers. Those baby boomers […]
Duane's Timely Topics
Duane's compilation of the most relevant topics to real estate today in Boulder.
“Coming Soon” Home Listings
Spring has sprung and real estate “For Sale” signs are popping out of the ground like tulips! Usually a real estate “For Sale” sign is pretty straightforward and announces that a house is for sale. However, with recent market conditions, there has been a trend across the country of “For Sale” signs having a sign […]
Seniors and property tax: Deferral, discount and work program
Did you know there are three different opportunities in Colorado and Boulder County available for seniors to ease the burden of property tax payments on real estate? Senior Tax Deferral Program First is the senior tax deferral program. This is a program offered by the State of Colorado that enables you to postpone the payment […]
The assessments are coming! The assessments are coming!
This May Day, one thing every property owner in Boulder County can depend on is receiving is a newly assessed property value. Since 2019 is an odd numbered year, state statute requires that every property in Boulder County be evaluated for “assessed value”. Notices of assessed value will go out countywide on May 1, 2019. […]
Psychologically Impacted or Stigmatized Homes
When listing a home with a real estate agent, sellers of psychologically impacted or “stigmatized” homes often ask if a seller needs to disclose a something such as a murder or suicide occurring on the property. The answer is not the same across all states, but luckily, in Colorado, we have some guidance from the […]
Relocating? Check the Housing Affordability Index
If you are mulling over the idea of moving and need to compare to a variety of different places you are interested in relocating to, you will no doubt want to assess the cost of housing. The National Association of REALTORS® (NAR) makes it easy to make comparisons. NAR has been keeping track of the […]
Psychologically impacted or stigmatized homes
When listing a home with a real estate agent, sellers of psychologically impacted or “stigmatized” homes often ask if a seller needs to disclose a something such as a murder or suicide occurring on the property. The answer is not the same across all states, but luckily, in Colorado, we have some guidance from the […]
Minimum Service Requirements for Real Estate Brokers
Homebuyers and home sellers hire real estate brokers to assist them with what is commonly the largest financial transaction in most people’s lives. In today’s real estate world, there is a copious variety of business models seeking to serve the needs of homebuyers and sellers. As markets change, types of real estate business models change […]
Buying or Selling a Home? Consider Using a CRS
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 […]
Measuring square footage in single-family homes, condos and townhomes
Single family homes are usually measured using outside measurements, meaning the width of the wall is included in the total square footage number. 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 […]