Changes are taking place in the real estate market due to the Coronavirus pandemic. (Photo: Bigstock). The coronavirus pandemic has hit the global and national economy, but as stay-at-home orders have been gradually lifted, changes are taking place in the real estate market. To learn how COVID-19 has affected our local residential real estate […]
Coronavirus and Mortgage Relief: Forbearance Options
The coronavirus has led to an unprecedented spike in unemployment in across the nation. During the Great Recession from 2008 to 2012, the highest number of people without jobs reached 15.3 million. Now, over 26 million workers have filed jobless claims in a five-week period, according the U.S. Department of Labor. Combine that with the […]
Real estate new year’s resolutions for 2020
A good number of people make annual New Year’s resolutions. Why not add a real estate resolution or two to your list this year and see if you can make it happen? A good number of people make annual New Year’s resolutions. You know the usual: lose weight, join the gym, get up half an […]
Buy Your Retirement Home Now, Even If You’re Not Ready to Retire
Have you considered where you will live when you retire? Would it be in Colorado or elsewhere, and what would the home look like? The sooner you think about this and take action the better. The earlier in your life you start saving, the more time there is to grow your retirement nest egg. In […]
Owner Financing Real Estate in Colorado
By Duane Duggan, Realtor, RE/MAX of Boulder Published in Daily Camera’s At Home section on Nov. 1, 2019 Owner financing is when a real estate owner has enough equity to loan all or part of the money for a buyer’s purchase of their real estate. Carrying the financing on a home can be an attractive […]
First-time homebuyers, now is the time
It is never easy to be a first-time homebuyer, but now is the time to pay attention and get rolling to purchase a home. Interest rates are low and financing programs are available with lower than 20 percent down payment required. It’s never been easy to be a first-time homebuyer, especially in Boulder County. It […]
Powerful tool: Realtors® Property Resource (RPR)
Not all licensed real estate agents are the same. Only those who are members of the National Association of Realtors (NAR) are properly referred to as “Realtors®”. Realtors are committed to treat all parties in a transaction honestly. They subscribe to a strict code of ethics and are expected to maintain an expert level of […]
Average and median prices of single-family homes
(Photo: Bigstock). Over my career, many people have asked me about the pricing hierarchy in our real estate market. By pricing hierarchy, I mean comparing the average and median prices of homes in our various market areas. California first coined the term “drive until you qualify,” as in the distance you have to drive from […]