This quarter we focus on national data and less on Colorado. Little has changed locally, and the national picture is confusing and widely mis-described.
Featured Listing – 1916 Spruce St, Boulder CO
Posted On September 9th, 2010 by Grace | Comments Closed
This week we are featuring a completely remodeled historic home in a first-class downtown Boulder location. 1916 Spruce St, Boulder CO is listed by Rob Justis for the great price of $499,900. Complete with with 3 bedrooms, 2 bathrooms and 1,320 square feet, this home is a gem. I spoke with Rob to get a little more information….
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Weekly Mortgage Update – 9.7.10
Posted On September 7th, 2010 by Gale | Comments ClosedStraight Stats
Mortgage interest rates increased slightly this past week largely driven by today’s better than expected jobs report for August. Today’s report showed that non-farm payrolls fell by 54k on expectations that they would fall by 120k. Private non-farm payrolls increased by 67k on expectations that they would increase by 44k. The unemployment rate increased to 9.6%, in line with expectations. Also, weekly jobless claims fell slightly on expectations that they would increase. Other positive economic news of note included July Personal Spending, the Case Shiller 20 City Home Price Index, the Chicago Purchasing Managers Index, August Consumer Confidence, the August ISM Manufacturing Index, and July Pending Home Sales. Economic data weaker than expected included July Construction Spending and the August ISM Services Sector Index.
Featured Listing – 3345 Broadway (Off Bdwy) #2, Boulder CO
Posted On August 31st, 2010 by Grace | Comments ClosedToday we are featuring an amazing custom home in Boulder, Co, 3345 Broadway (off Bdwy) #2, $619,000. I spoke with the listing agent, Bruce Drogsvold to get a little more information about this stunning home.
Featured Listing – 3701 Arapahoe Ave #205, Boulder, CO
Posted On August 24th, 2010 by Grace | Comments ClosedToday we are featuring a completely customized, almost new loft with a den/study in Boulder’s Peloton, 3701 Arapahoe Ave #205, Boulder, Colorado, listed at $315,000. I spoke with the listing agent, Lew Kingdom, and asked him to tell us a little more about this great property.
Still Living the Dream
Posted On August 11th, 2010 by Grace | Comment (1)According to a recent Fannie Mae National Housing Survey, the American Dream is alive and well despite a difficult economy and the recent housing downturn. Survey results showed that: Read the rest of this entry »
Boulder Real Estate Trends
Posted On May 25th, 2010 by Grace | Comments ClosedThe last 30 years has been a great time for Boulder real estate, with a trend of house price appreciation that seems to never stop. This is according to the House Price Index – a statistic published by the Federal Housing Finance Agency (FHFA). Even with few markets showing positive appreciation each quarter, Boulder still holds a percentage well above the average (and median). The almost mind-blowing reality is that over the past 30 years the Boulder housing market has appreciated 379%. That’s an average appreciation of 12.6% each year.
Purchasing a Short Sale
Posted On April 15th, 2010 by Lew | Comments ClosedIt’s not a happy thought – or a pleasant truth. However, the case remains that people are short-selling their homes left and right. It is such a prominent real estate phenomenon these days that banks have actually taken up the practice of notifying struggling home-owners that they are pre-approved to short sell. And people are jumping at the opportunity to do so.
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