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 […]
Duane's Timely Topics
Duane's compilation of the most relevant topics to real estate today in Boulder.
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 […]
Aging at Altitude Event and Reverse Mortgages Update
Last week’s Aging at Altitude Expo in Boulder organized by the Daily Camera was an amazing event! The parking lot at the new Boulder Jewish Community Center was packed, and there was even overflow parking at adjacent facilities. The huge attendance was evidence of our large baby boomer and senior population seeking out resources and […]
Tenant-In-Common (TIC) Real Estate Investments
BOULDER – For a real estate investor nearing retirement, the thought of continuing to manage property can seem burdensome. A Tenant-In-Common (TIC) investment could be just the ticket to feeling less strained. Likewise, if you want to invest in real estate at any stage in life and not be encumbered with any of the day-to-day […]
Buying a home? What’s the Walk Score, Bike Score or Transit Score?
BOULDER – Today more and more people looking to buy a home are trying to get along without a car, avoid traffic, and reduce their gasoline bill. Using a patented system, Walk Score® is a free website and app that measures the walkability of any address. It is based on a point system where amenities within […]
All About Flood Insurance on the 5-Year Anniversary of Boulder County’s Catastrophic Flood
I rode my bike up to Jamestown on September 22, the first day of fall this year. The replacement pavement on the road is within a couple of hundred yards from the heart of Jamestown. As I returned on Highway 36, crossing the new bridge over Lefthand Creek, I realized that Boulder County is finally […]
Getting smart about SmartRegs for rentals
The December 31 deadline for SmartRegs compliance for residential rental properties in the city of Boulder is looming. When the City Council adopted the ordinance on September 21, 2010, the deadline seemed far in the future. However, that deadline is now only four months away. Recently, I heard owners of residential rental property in Boulder […]
Buying a home? You need insurance
When you buy a home, you need insurance protection for what is likely the largest investment you will ever make. But when you buy a homeowners insurance policy, you actually get much more than protection for your home. Most homeowners insurance policies will not only cover the value of your home, but also your personal […]