It’s time to consider refinancing your mortgage again! According to Freddie Mac, the average interest rate on a 30-year mortgage on February 6, 2020 was 3.45%. The last time rates were in this category was on July 7, 2016 when Freddie Mac reported an average interest rate of 3.41%. Rates this low don’t tend to […]
Why Invest in Real Estate?
Most people consider their single-family home they live in as an investment in real estate. In fact, when they fill out a financial statement, it is even listed as an asset. It’s true that the home will likely go up in value over the years, and as the loan is paid off, it could represent […]
Property Tax Bills Are Out! Consider Senior Tax Deferral, Discount and Worker Program
Property tax bills just came out and are in every property owner’s mailbox, putting property taxes at the top of mind! As a reminder, property taxes may be paid in one single payment by April 30 or in two equal payments. If made in two payments, the first half-payment is due by the last day […]
Remodeling your home in 2020?
The National Association of Realtors (NAR) produces the “Remodeling Impact Report,” which contains a wealth of information available to help you with home remodeling decisions. Every year when spring arrives, homeowners think of remodeling, repairing and improving their homes. Reasons might include enhancing the sheer enjoyment of the home, practical updates, or getting the home […]
REALTOR® Code of Ethics 2020
A Realtor is required to subscribe to a strict code of ethics. This code of ethics reflects a Realtor’s dedication to integrity, fairness, and responsibility, and pledge to protect the interests of their clients. If you are thinking of buying a home, it is critically important to choose a Realtor® to help you with […]
Should I Buy My First Home with a Friend?
Since home prices have made home ownership prohibitive for many across the county, first-time home buyers are turning to an alternative path to home ownership: purchasing a property with a friend. In many markets it is difficult to buy your first home. In Boulder County, that is certainly the case. Average home prices in […]
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 […]
Gazing into the 2020 real estate crystal ball
Don’t you wish you had a crystal ball with perfect 20/20 vision of the future of real estate? Colorado is an extraordinarily good place to buy real estate, but specifically, Boulder County is a prime location for purchasing property. Over the last 40 years I have been a Realtor® here, we have had solid real […]
Have you done your annual real estate checkup?
Just like your annual physical to keep yourself healthy, it is always a good idea to complete an annual real estate checkup for your financial well being. Just like your annual physical to keep yourself healthy, it is always a good idea to complete an annual real estate checkup for your financial well being. December […]
Statistics and trends from Chief Economist Dr. Lawrence Yun, National Association of Realtors®
Dr. Lawrence Yun with Duane Duggan. (Photo: RE/MAX of Boulder). Each year, […]