When interest rates decline, you might question whether refinancing is worthwhile. It could be a good idea to check your current home interest rate and determine if refinancing might be beneficial. According to Freddie Mac, the average interest rate peaked at 7.79% in October 2023, but as of August 2024, it has decreased to 6.46%. […]
Where are all the people coming from?
There’s no doubt that Colorado’s population is on the rise. According to the Colorado Department of Public Affairs, the state’s population is projected to exceed 8 million by 2050, up from around 5 million in 2010. As you drive along our major highways, the diminishing open spaces make you wonder, “Where are all these people […]
Are you too old to buy a home?
With 76 million baby boomers currently in the U.S., many are now in retirement and wonder, “Am I too old to buy a home?” Many baby boomers either never purchased a home in their younger years or lost their homes during the 2007 to 2012 recession. Born between 1944 and 1964, they are between 60 […]
Realtor for Life: Increase the velocity of your wealth with an Accessory Dwelling Unit (ADU)
An Accessory Dwelling Unit (ADU) is an additional living space that includes its own kitchen, sleeping area, and bathroom. An Accessory Dwelling Unit (ADU) is an additional living space that includes its own kitchen, sleeping area, and bathroom. Regulations for ADUs differ nationwide. In Boulder, ADUs can be either attached to or separate from a […]
Do I need a boundary survey when I buy a home?
Be sure to consult your team of professionals to determine if an ILC or a boundary survey is appropriate in your case. There’s nothing quite like buying a home and discovering on move-in day that your garage encroaches onto your neighbor’s property. While this scenario is rare, it does happen, especially in older neighborhoods where […]
College home buying starts now – Part 2
Buying a home for your college student is a major decision. By consulting the right professionals, you can develop a housing plan that offers numerous short and long-term benefits for both your student and your family. In Part 1 of my previous article, “College Home Buying Starts Now,” I explored how buying a condo or […]
June is Homeownership Month! The benefits of homeownership
In 2024, homeownership is more important than ever before in the U.S. We live in a world that pressures us to rent everything – and love it. Think about it: we can rent a scooter to get around, we can use an app for car rides, we can rent clothing, we can rent workspace, we […]
It’s Hard to Outsave the Market!
Being a first-time homebuyer has always been challenging, especially in Boulder County. The situation was just as difficult 40 years ago, although the figures were different back then. When I began selling real estate in Boulder in 1978, houses in the Baseline Subdivision (east of 30th Street and north of Baseline Road) were priced at […]