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
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 […]
Property Tax Prorations at Closings Explained!
Based on the date of a real estate closing, property taxes should be fairly divided between the buyer and seller so that each party pays for the taxes during the time in which they own the property. It seems as if these property tax prorations are very simple — just prorate to the day […]
Do I Need a Boundary Survey When I Buy a Home?
There’s nothing like buying a home and finding out on the day you move in your garage is encroaching onto your neighbor’s property! It doesn’t happen very often, but it does happen, especially in older neighborhoods where a previous homeowner put up a garage or shed without a survey or a permit. Typically, when a homebuyer gets […]
Inventory Shortage and How Long It Will Last – Part Two
RE/MAX of Boulder continues to keep the Boulder community and future homebuyers and sellers updated with the latest information regarding the real estate market. RE/MAX of Boulder’s Duane Duggan, with the Boulder Property Network team and host of the RE/MAX of Boulder Podcast, shares his thoughts about current market trends and Colorado’s inventory shortage. Part […]
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