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The Burgess Group Blog & Weekly Market Updates
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…
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 ave…
Colorado Snowpack at 103% of Average!…
Colorado Snowpack is off to a promising start - or at least not at drought levels. The U.S. Department of Agriculture Natural Resources Conservation Council reports that last year at this time 70%…
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. Al…
Boulder CO Oral History Project To Record Flood Stories…
Boulder Library needs your flood stories. The Maria Roger's Oral History Project has been underway since 1973, interviewing 40-80 volunteers yearly. The project has collected stories about local his…
2014 Mortgage Fees Postponed…
The US Federal Housing and Finance Agency, which oversees mortgage giants Freddie Mac and Fannie Mae, has postponed new mortgage fees that were scheduled to take effect in 2014. The fees are meant t…
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