Everyone morning when we wake up, we have to wonder, “when will this all end?” But in fact, that’s the wrong question. The coronavirus will not just end on a specific date. The question should be: “How should we adapt and change to deal with this virus, […]
Real Estate: Refinance or not?
When interest rates drop, you might wonder whether or not it makes any sense to refinance. Interest rates for a 30-year mortgage loan are currently below four percent, continuing the opportunity to refinance at a historically low rate. When interest rates drop, you might wonder whether or not it makes any sense to refinance. Unfortunately, […]
Real Estate “Instant Offers” or iBuyers – What’s it all about? – Part 1
You may have heard “instant offer” commercials aimed at homeowners who want to sell their home quickly online for a cash offer. The “instant offers” or iBuyers concept is not new. In 1978 when I started my real estate career, our company offered a guaranteed sales program for home sellers. The program was used to […]
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 […]
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 […]
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 […]
Attached Dwelling Real Estate Stats for Boulder County – August 2018