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The Burgess Group Blog & Weekly Market Updates

Flood of Housing Inventory 2014?…

Flood of Housing Inventory 2014?…

May 13, 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?…

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

January 12, 2014

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 at 103% of Average!…

January 8, 2014

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…

2014 Mortgage Rate Swings May Impact Home Buying…

January 7, 2014

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 CO Oral History Project To Record Flood Stories…

January 7, 2014

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…

2014 Mortgage Fees Postponed…

January 5, 2014

 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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