Duane's Timely Topics
Duane's compilation of the most relevant topics to real estate today in Boulder.
May 2018 Single Family Stats for Boulder County
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 […]
Rising Interest Rates Decrease Purchasing Power
Interest rates, which have been at record lows since the end of the recession, have risen from an average of 3.86% a year ago to 4.78% today. (Photo: Unsplash). BOULDER – Today’s market is tough on first-time home buyers. Inventory of first-time buyer homes and condos had plunged to a record low, pushing prices higher […]
2018 Tax Reform Information
Duane Duggan, with the Boulder Property Network at RE/MAX of Boulder, interviews Don Kaniecki, of Kaniecki and Associates, CPA, to determine what has changed with the 2018 tax law reform. How will the tax changes affect residential homeowners? What about real estate investors? Find out here!
Why Is There Such a Shortage of Homes to Buy? – Part 1
In the first quarter of 2018, there was a record low number of homes available to buy. In fact, as of May 7, 2018 there were only a total of 13 single-family homes shown as available in the IRES Multiple Listing Service (MLS) under $600,000 across Boulder, Louisville, and Lafayette. When buyers are out […]
What’s Happening in the Boulder County Real Estate Market?
What’s new in the BoulderCounty real estate market? Analysis from Broker Associate DB Wilson who chats with Boulder Property Network’s Broker, Duane Duggan. Housing inventory is sliding to a new low & there are substantial price gains, especially in Boulder. How are interest rates? Find out all this and more! Great video!
Home improvement record keeping to reduce your tax bill
When you prepare to sell your personal residence – if you have lived in it for the last two out of five years – there can be a substantial capital gains exclusion. Tax Reform 2018 retained the home sale tax exclusion of $250,000 for single people and $500,000 for married couples filing jointly. This means […]