In Part 2 of this two-part series, I discuss the variety of reasons why housing inventory has dropped to such low levels in Boulder County. Work from home Now that people can work remotely, many urban dwellers are choosing to move out of larger cities to suburban areas where they can enjoy more space, high […]
Why is there such a shortage of homes to buy?, Part 1
According to RE/MAX of Boulder Managing Broker Todd Gullette, 2021 is starting off with a record-low number of homes available to buy. As of January 2021, there are only a total of 334 single family homes showing as available in the IRES Multiple Listing System (MLS) in all of Boulder County. For many home buyers, […]
Round up of the 2020 local housing market: What happened?
The economy here in Colorado and the Front Range were no exception, but we have fared better than many other areas of the country. (Photo: David McBee, Pexels). The global economy was hit very hard in 2020 with the pandemic. The economy here in Colorado and the Front Range were no exception, but we […]
2021 real estate crystal ball
Don’t you wish you had a crystal ball with perfect vision to peer into the future of real estate? (Photo: Artem Podrez, Pexels). Don’t you wish you had a crystal ball with perfect vision to peer into the future of real estate? Last year at the same time the word “COVID-19” did not even […]
What It Takes to Fix-and-Flip – Part 1
The time and money it requires to renovate a property and the time it will take to sell the property are critical factors in whether or not you make a profit in your fix-up venture. (Photo: Rene Asmussen/Pexels). With the innumerable “fix-and-flip” shows that make home renovations look so easy, many people think purchasing […]
Is COVID-19 Causing a Housing Inventory Shortage?
COVID-19 is only one of the reasons why housing inventory remains low. (Photo: Bigstock). If you have been searching for a home recently, you will observe that there is a shortage of homes for sale. Demand for homes remains high, and with limited inventory, there has been pressure pushing prices upwards. COVID-19 does factor […]
Coronavirus and buying a college condo – Part 1
Every August in college towns across the country college students return for the fall semester. This year is an exception due to coronavirus, although for the colleges that are holding in-person and not just online classes, it has had a drastic effect on housing for college students. The virus has made the close proximity of […]
Fair Housing in 2020
In light of recent events, Realtors® are affirming their support for equal opportunity and are at the forefront of ensuring that people are not discriminated against with regard to housing. Here’s how: Realtor® Code of Ethics In 1908 the National Association of Realtors® (NAR) was formed. In 1913, NAR established and adopted the Realtor Code […]