As prices of homes have increased steadily, it has been more difficult for first-time home buyers to enter the real estate market. Often first-time home buyers will turn to relatives to help with a down payment or co-signing on the loan. However, all parties involved need to go in with their eyes wide open […]
Duane's Timely Topics
Duane's compilation of the most relevant topics to real estate today in Boulder.
Alternative Financing When Mortgage Interest Rates Rise – Then and Now
When interest rates on mortgage loans climbed to historic levels in the 1980s, it was very hard for home buyers to sign on to a 16% mortgage loan. Even though it was pretty tough times, the real estate industry had tools to keep the market moving. If a mortgage holder was a Colorado savings […]
What You Need to Know About Homeowners Associations
If you are buying any property, whether it is land, house, condo, or townhome, there might be a Homeowners Association (HOA) involved. Knowing as much as you can about the HOA will help you make a quality decision in the homebuying process. – An HOA will provide a number of services and benefits to the […]
The Voice of Colorado Real Estate: The Colorado Association of Realtors
Knowing the statistics in your market will help you and your Realtor make qualified and informed decisions on what may be the biggest investment of your life. One of the goals of the Colorado Association of Realtors® (CAR) is to be the voice of Colorado real estate. In this capacity, CAR is an invaluable, direct source […]
Part 2 – Holiday Gift Ideas for First-Time Home Buyers
An exceptional gift idea is helping your relative or loved one with an interest rate or mortgage buydown. (Photo: BigStock) The holiday season is upon us and you may be thinking about finding a special or unique gift your family member or loved one could use for years to come. In my previous article entitled, […]
“Boulder County REAL PRODUCERS” – December Top Producer – Duane Duggan
Duane Duggan is the Featured Top Producer Agent in the December issue of “Boulder County REAL PRODUCERS” magazine. Learn more about Duane and his Team of inspiring agents and how they can help You achieve your real estate goals! […]
Holiday Gift Ideas for First-Time Home Buyers – Part 1
Saving for a down payment on a home is the most difficult step in the process of buying a home for 25% of first-time buyers, according to the National Association of Realtors (NAR) 2017 Profile of Home Buyers and Sellers. Of those buyers, 55% said student loan debt delayed them in saving for a home. Now couple […]
Changes to Colorado Real Estate Contracts Coming January 2019
In Colorado, real estate brokers are not licensed to practice law and/or give legal advice. Yet licensed brokers can prepare contracts to buy and sell houses as a daily course of business. Colorado brokers are allowed to render services to real estate clients to a greater degree than in many states. This allowance dates back […]
Real Estate Trends and Predictions
Real Estate Trends and Predictions from Dr. Lawrence Yun, Chief Economist for National Association of Realtors Dr. Lawrence Yun (left) with RE/MAX of Boulder Realtor Duane Duggan (right). Each year, Realtors attending the National Association of Realtors (NAR) Conference have the privilege of learning about the most current real estate research and analysis to help […]
Rising Mortgage Rates: To Lock or Not To Lock? That is the Question!
Over the last several years, we have enjoyed record-low mortgage rates and a prevailing sense of relative stability. During times of stability, the question as to whether to lock the interest rate while you are under contract on a home, isn’t as critical as in times of rising interest rates. In recent months, there has […]