Now that interest rates have risen from the 3.5% range to the 7% range, will home prices decline to balance out the purchasing power? Looking at historical evidence, it shows that sharply rising mortgage rates tend to slow home price appreciation and affect housing market activity. However, nominal price appreciation in most of Colorado remains […]
Finding the Sun: Knowing Where the Sun is Relative to a Home
Where and how much natural sunlight illuminates the home throughout the year affects a variety of factors. (Photo: Pexels). When buying a home, many of our homebuyers will ask, “Where is the sun?” The immediate answer is “look up and see!” However, it is a bit more complicated than that. It’s essential to know where […]
Are there alternatives to foreclosure?
The years 2007 to 2012 were pretty rough for homeowners across the nation. Boulder County didn’t suffer nearly as much as other markets, such as Las Vegas and Phoenix, where homes lost a considerable amount of value. Boulder County has experienced a strong real estate market since 2012 and is still showing considerable strength. If […]
Finding financing for renovation or house flipping
Sometimes the condition of the home to be renovated keeps the buyer from obtaining more traditional financing for the purchase. (Photo: Brett Jordan, Unsplash). The housing supply in the core and close-in areas of our Front Range cities is aging, especially in the single-family home category. There is a strong desire to live in […]
Where does Boulder’s water come from?
With ongoing drought in Colorado and news of the Colorado River rapidly drying up, water resources are top of mind. If you drive up Flagstaff Mountain and look across the sea of homes on the eastern Colorado plains, the striking view will compel you to ask, “where is the water supply coming from for all […]
Using a vision study to increase the value of your property
The value of real estate is often determined by its potential. (Photo: Pexels). The value of real estate is often determined by its potential. When a seller places a property on the market, they often have not done any research as to what the best use of the property might be. Knowing exactly what […]
Archaeology and Historic Preservation Month in Boulder
The Landmark Designation’s purpose is to honor, preserve, and protect buildings and areas that showcase the past. (Photo: Pexels). Boulder County has a rich history and residents actively want to preserve aspects of that past. Every May, Boulder County’s legacy is honored during Archaeology and Historic Preservation Month. In 1974, the City of Boulder created […]
National Radon Action Month
First-time home buyers frequently face the challenge of saving for a large enough down payment for their first home purchase. (Photo: Pexels). The Environmental Protection Agency (EPA) has designated January as National Radon Action Month. According to the EPA, radon is the leading cause of lung cancer among non-smokers. Radon gas is emitted from decaying […]
Real estate new year’s resolutions for 2022
This year, why not add to a real estate resolution or two to your list and see if you can make it happen? (Photo: Pexels). It’s time for New Year’s resolutions! These tend to include losing weight, joining the gym, waking up half an hour earlier, and more. This year, why not add a real […]
At Home with Diversity
At Home with Diversity® educates thousands of Realtors to work fairly and effectively with a changing and increasingly diverse pool of home buyers and home sellers. (Photo: Yan Krukov, Pexels). During the holidays, as we gather with family and friends – and celebrate sharing, togetherness, and “Peace on Earth” – we can express our […]