New Colorado real estate contracts as of August 2024 In Colorado, real estate brokers are not licensed to practice law or provide legal advice. However, licensed brokers regularly draft contracts for buying and selling homes as part of their daily work. Colorado brokers are permitted to offer more extensive services to their clients than in […]
Homeownership and generational wealth
In a world where everything seems available for rent — from scooters and car rides to first-time apartments and even long-term homes — the value of homeownership stands out more. In 2024, owning a home holds greater significance for individuals in America than ever before. In a world where everything seems available for rent — […]
I hear interest rates are dropping! Should I refinance?
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 […]
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 […]
Buying a home? What’s the Walk, Bike or Transit Score?
Nowadays, more people are working from home. They are able to avoid commuting and are trying to get along without a car in their day-to-day life. Walkable access to daily needs and public transportation are the keys to being able to sell their car or at least keep it parked for longer periods of time. […]
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 […]
College home buying starts now – Part 1
A college property purchase can prove to be an astute financial investment as well as a superb learning experience for the student. Every August in college towns across the country, college students start to return for the fall semester, resulting in a frenzy of real estate activity. Because rental housing tends to be tight in […]
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 […]