Scott Matthias, who leads the Colorado chapter of Knock Knock Angels, is second from the left side, pictured with volunteers from the nonprofit. (Photo courtesy: Duane Duggan). November serves as an important time for remembering our Veterans of the Armed Forces and thanking them for their tremendous service to our country. Many of those veterans […]
Is the Real Estate Market Shifting?
After 10 years of boom, can we say the real estate market has shifted — and will it bust? (Photo: Pexels). BOULDER – The Boulder County real estate market has been robust since the end of the recession in 2012. None of the boom markets since the 1980s have lasted as long as this one. […]
Home for the holidays – gift giving to first-time home buyers – Part 1
For 26% of first-time home buyers, saving for a down payment on a home is the most challenging step in the home buying process, according to the 2022 Profile of Home Buyers and Sellers report by the National Association of Realtors® (NAR). Overall, it is very difficult for first-time buyers in this housing market. Of all […]
Do falling home prices offset higher interest rates?
Now that interest rates have risen from the 3.5% range to the 7% range, will home prices decline to balance out the purchasing power? Looking at historical evidence, it shows that sharply rising mortgage rates tend to slow home price appreciation and affect housing market activity. However, nominal price appreciation in most of Colorado remains […]
Finding financing for renovation or house flipping
Sometimes the condition of the home to be renovated keeps the buyer from obtaining more traditional financing for the purchase. (Photo: Brett Jordan, Unsplash). The housing supply in the core and close-in areas of our Front Range cities is aging, especially in the single-family home category. There is a strong desire to live in […]
Colorado construction defect law and the build-to-rent trend
Colorado’s first construction defect law dates back to 2001 when the first version of the Construction Defect Action Reform Act (CDARA) was introduced. Since that time, CDARA has created the framework for how construction defect litigation and arbitration are conducted in the state of Colorado. The state legislature has made several amendments to CDARA […]
Buying a home to save for college?
Buying a rental property when a baby is born is a great way to save for college. (Photo: Pexels). When it comes to saving for their child’s college education, most parents automatically think of the Colorado College Invest 529 accounts. The main reasons are that contributions can be deducted from Colorado State income tax […]
Archaeology and Historic Preservation Month in Boulder
The Landmark Designation’s purpose is to honor, preserve, and protect buildings and areas that showcase the past. (Photo: Pexels). Boulder County has a rich history and residents actively want to preserve aspects of that past. Every May, Boulder County’s legacy is honored during Archaeology and Historic Preservation Month. In 1974, the City of Boulder created […]