Home of the Week 5/28/15

2100 Riverside Ln, Boulder, CO 80304 At a glance:  7 bedroom, 5 bath, 7978 Sq. Ft, $2,280,000 This is a Tony showcase home in quiet North Boulder Enclave. It is exquisite and impeccable with nearly 8000 square feet of splendid designer features and elements throughout three sunny finished levels. It has seven sizable bedrooms including a spa-like master suite, five …

Home of the Week 5/20/15

  3230 5th St, Boulder, CO 80304 At a glance:  4 bedroom, 4 bath, 3316 Sq. Ft, $1,200,000 Eastern & modern combine in this exquisite home designed by nationally acclaimed architect, “Hoby” Wagener, thoughtfully updated by current owners. Light and views abound creating an ethereal quality. The open kitchen features granite, stainless steel appliances, a gas range, and abundant storage. …

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Home of the Week 5/13/15

      450 Marine St, Boulder, CO 80302 At a glance:  3 bedroom, 3 bath, 3326 Sq. Ft, $1,585,000 This charming, historical home is just minutes from downtown Boulder. It has a beautiful, large fenced lot, featuring incredible Flagstaff Mountain views, a bright, open floor plan, a spacious kitchen, a breakfast nook and a formal dining room with french …

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Home of the Week 4/29/15

  1601 Redwood Ave, Boulder, CO 80304 At a glance:  5 bedroom, 5 bath, 5,700 Sq. Ft, $1,725,000 This green-built North Boulder home offers a generous functional floor plan complimented by an elegant style and finish, reminiscent of a true Classic American Four Square. This home includes a beautiful great-room with soaring ceilings, tons of light and an adjoining chef’s …

Low Mortgage Rates

Interest Rates Lowest Since November 2013

Mortgage applications rose 3.6% last week, spurned on by the lowest interest rates in the past six months.  According to the Mortgage Bankers’ Association,  these applications reflect both refinance and purchase applications. Purchase applications are considered the leading gauge for home sales.  They were 1% higher than the previous week, but 12% lower than year-over-year applications. Interest rates for 30 …

Inventory Rising?

Flood of Housing Inventory 2014?

Spring 2014 has been a trying time for Boulder County buyers:  little inventory, escalation clauses, multiple offers and losing properties has been the bane of many buyers’ existences. Is a change on the horizon?  According to a recent survey by Lending Tree, our dearth of inventory may not last long.  Of those surveyed: 63% have a positive outlook on 2014′s …

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Lower-Priced Houses In Longmont CO: Impossible to find?

Longmont CO’s housing market transformed in 2013 from a buyer’s market to a seller’s market.  It  had its highest volume of sales since 2005, with an average price of $281,000.00, just under the average peak price of $290,000.00 in 2006 and 2007.The best homes sold within two or three days last year, making it challenging for buyers. Finding a home …

Mortgage Rates and Home Sales

2014 Mortgage Rate Swings May Impact Home Buying

In 2013, increased mortgage rates resulted in decreased home sales, as shown in the graph left.  This trend could continue in 2014, especially if there is a significant increase in mortgage rates. Although mortgage rates are still at historic lows, Freddie Mac recently posted 30-year fixed rates around 4.48%, the highest rate since September 2013. This is interesting, given that …