LIVE in BOULDER Blog

Hydrologic Outlook issued May 18 at 10:50AM MDT by NWS

...Light to moderate rain will continue today east of Interstate 25. Excessive runoff could cause standing water in low lying areas and eventually minor flooding along the South Platte River on the northeast plains... A potent spring storm will continue to bring colder temperatures and widespread precipitation to north central and northeast Colorado Source:…
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Winter Storm Warning issued May 18 at 10:20AM MDT until May 19 at 3:00PM MDT by NWS

...HEAVY SNOW CONTINUE IN THE MOUNTAINS...NORTHERN FRONT RANGE FOOTHILLS AND WESTERN PORTIONS OF THE I-25 CORRIDOR... .A strong and slow moving spring storm will continue to drop heavy snowfall over portions of north central and northeast Colorado today through Friday morning. Snowfall will be especially heavy in the Front Range foothills where snowfall rates…
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Winter Storm Warning issued May 18 at 10:20AM MDT until May 19 at 6:00PM MDT by NWS

...HEAVY SNOW CONTINUE IN THE MOUNTAINS...NORTHERN FRONT RANGE FOOTHILLS AND WESTERN PORTIONS OF THE I-25 CORRIDOR... .A strong and slow moving spring storm will continue to drop heavy snowfall over portions of north central and northeast Colorado today through Friday morning. Snowfall will be especially heavy in the Front Range foothills where snowfall rates…
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Raw Count of Home Sales (March 2017)

Existing-home sales rose 4.4 percent in March from one month prior while new home sales increased 5.8 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of home sales are often more meaningful than the seasonally adjusted figures.  The raw count determines…
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Building Permits and Inventory

Did building permit activity rebound at your county?   How many new housing units should be added to the market? While tight housing inventory pushes home prices upward, we look at building permits to see how many new housing units are expected to come on the market. Building permits are an important leading indicator for…
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Investor Soundness

In the wake of the housing crisis, vacation and investment buyers played an important role in sopping up excess inventory. As their participation wanes, the impact will vary around the country. Furthermore, deception and poor lending practices to some investors played a key role in fomenting the last crisis, so the robustness of their…
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Year-to-Year Comparisons of What Realtors® Have Been Saying About the Housing Market

This blog post was written by Karen Belita, Data Scientist. In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members if they have additional comments or information regarding the demand, demand-supply conditions, changing buyer profile and preferences, mortgage/credit issues, or other issues impacting the market in their own words. The…
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The Importance of Lawn Care

Taking care of a home’s landscape in the summer heat can be a daunting task for many homeowners. However, if a homeowner is looking to sell his or her home in the warmer months, maintaining or creating a beautiful lawn can mean selling a home faster and for more money. According to the National…
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Creating a Home's First Impression

Curb appeal is a home’s first impression, and the first chance to impress potential buyers. Whether buyers are amazed by a beautiful and immaculate yard or turned off by dirty exterior walls and an overgrown lawn can meaningfully affect the speed and price at which a home sells. Improving a home’s curb appeal can…
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Landscaping Mistakes Made by New Homeowners

For many, homeownership means having a yard. Having an outdoor space and landscape to tend to is a dream come true for many previous apartment dwellers. However, for someone who has never had to care for a yard before, it can be easy to make costly mistakes. Overusing fertilizer is one of the most…
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Regulations Burden Appraisers

According to research from the National Association of REALTORS®, issues related to excessive regulation are creating problems with satisfaction and recruitment in the real estate appraisal field. In fact, nearly 75 percent of appraisers surveyed by NAR named frustration with excessive regulation as a reason for potentially leaving the field. Regulations have also served…
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National Flood Insurance Program Expires Soon. What it Means for Homeowners

On September 30, less than six months from now, the National Flood Insurance Program will expire. The National Association of REALTORS® is working closely with federal regulators and members of Congress to strengthen the program and clear the way for a private market to take hold, but REALTORS® warn the program’s September 30 reauthorization…
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Should a Homeowner Take the Lowest Bid for a Remodel?

How does a homeowner know when to spend a lot of money on a home project versus when it is all right to go a cheaper route? When taking bids for a renovation project, it can be tempting to take the lowest offer, but if the highest bid comes in at $75,000 and the…
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The 2017 Commercial Real Estate Forecast is Strong

According to the latest quarterly forecast from the National Association of REALTORS®, the commercial real estate sector is expected to remain steady in 2017. Strengthening demand in smaller markets and the progressively expanding U.S. economy mean good news for all sectors of the commercial market. NAR chief economist Lawrence Yun had this to say:…
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Home Is for the Entire Family, Including the Furry Members

Families come in all shapes and sizes and with all different kinds of members, and for those that include a pet, finding a place to call home comes with a few more considerations. According to a new report from the National Association of REALTORS®, 81 percent of Americans take their pets into consideration when…
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Filing Taxes as a New Homeowner

For many new homeowners the year they buy their own home will also be the first year they do not take the standard deduction when doing their taxes. It can be confusing to know what is eligible for itemization and what is not. Most homeowners will end up itemizing their loan costs and fees,…
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Renters Believe They Need More Money than Necessary to Buy a Home

According to NAR’s Profile of Home Buyers and Sellers, 87 percent of non-homeowners believe they need a down payment of 10 percent or more to buy a home. However, the same report shows that the median down payment for first-time buyers has been 6 percent for the last three years. This means renters who…
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FHA Mortgage Insurance Premium Cut Is Reversed

In one of his first acts, President Donald Trump reversed a quarter point decrease in the Federal Housing Administration mortgage insurance premium. The reduction in premiums would have decreased monthly payments for thousands of new, low- and moderate-income borrowers. NAR President William E. Brown released this statement in response to the reversal: “According to…
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Arn Rasker: Your Professional Realtor in Boulder

Find a great realtor in Boulder. Finding the best Realtor in Boulder for YOU! Your first step towards finding a new home, or selling your home, in Boulder. Boulder is generally still a SELLER’s MARKET, with a short inventory supply (A supply that averages less than 60 days on the market), in the sub-$1.5M market.…
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Wedding Planner in Boulder

Buying a home is more like a wedding planning process than a sales process! by Arn Rasker As your REALTOR, my role in the overall experience of buying a home is closer to the role of a wedding planner than to the role of a typical salesman.  Actually the role I play, as your realtor,…
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Colorado ski areas

Prices at nearly all Colorado ski resorts vary based upon time of year and peak season. Various lift-ticket discounts are also available for many ski mountains, so check around before your next outing, and contact the resorts directly for pricing and specials.  Check into season-pass pricing if you are planning to ski five or more…
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Breckenridge Snow Sculpture Championships

Event date: February 3, 2017 Event Time: 08:00 AM - 04:30 PMLocation: 103 S. Iowa AveLafayette, CO 80026Description:Breckenridge hosted the first International Snow Sculpture Championships in 1991, and the event continues to foster a spirit of worldwide artistic camaraderie. Source: City of Lafayette
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The secret’s out

The Parkway Cafe claims to be the best-kept secret in Boulder, but a packed parking lot on a Friday afternoon belies the statement. Maybe part of the secret lies in the location; tucked away in east Boulder’s collection of warehouse businesses, between auto body shops, tow yards and car dealerships, Parkway has been dishing…
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Prime Rib Fridays at the Peaks Bar and Grill

Event date: February 3, 2017 Event Time: 05:30 PM - 07:30 PMLocation: 2300 Indian Peaks TrailLafayette, CO 80026Description:The Peaks Prime Rib Fridays – Sister Carmen fundraiserJoin us every Friday in January and February at the Peak Bar and Grill (at Indian Peaks Golf Course) from 5:30-7:30pm for a prime rib dinner and dessert.20% of…
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Can U.S. men be competitive in European ‘cross?

What will it take for American men to be a factor on the international cyclocross stage? With the domestic season and nationals behind us, only two weekends remain before world championships in Luxembourg. U.S. women, most notably 13-time national champ Katie Compton, have had an impact in the sport’s European heartland for quite some…
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Preparing Homes for Extreme Weather

Story Idea – Preparing homes for extreme weather     Preparing for typical winter weather can be hard for homeowners, but dealing with dangerous winter conditions, such as blizzards or extreme cold, can be overwhelming. The key to surviving extreme weather is preparation. Homeowners should trim tree branches to prevent roof damage; roof tiles,…
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What Do Rising Interest Rates Mean for Consumers?

Story Idea – What do rising interest rates mean for consumers?     Mortgage rates are currently sitting at their highest level in two years, with 30-year fixed-rate mortgages averaging 4.32 percent and 15-year mortgages averaging 3.55 percent. Rising mortgage rates continue to be a concern when it comes to home sales and affordability; however,…
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Is Now a Good Time to Sell?

Story Idea – Is now a good time to sell? According to data from the National Association of REALTORS®, 62 percent of people believe that now is a good to time sell a home and that number goes up to 69 percent when looking specifically at the West Coast. However, whether or not it…
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What does Retire in Boulder mean?

What does “Retire in Boulder” mean? Let’s start by throwing out the typical definition of retirement, which usually is centered around the end of a career. And since we are not associating it with the end of a career, we can also dissociate the concept from age stereotypes. “Retiring” to Boulder is really more about…
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How Much Do You Really Need for a Downpayment?

When someone is in the process of buying a home, how much money do they need to put up as a down payment? According to research from the National Association of REALTORS® consumers across all income brackets, education levels and ages believe that 20 percent of the cost of the home is needed for…
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Deciding which outdoor remodeling project should you take on?

When considering a remodeling project, most homeowners think of renovating their kitchen or redoing a bathroom, but maybe they should be looking to the outdoors for an upgrade. According to research by the National Association of REALTORS® outdoor remodeling projects not only add value to a house on resale, they also increase the amount…
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Prep Your Home for Winter

Winter is coming! It is only a matter of time before most of us will be spending a lot more time indoors, so it is important to make sure that your house is clean for you and prepared for any cold and snow. So what can homeowners do to prepare their homes for the…
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Declutter Your Home

Why do some people think organizing their home is for a must-do only in the spring? With the holiday season approaching, people across the country are preparing their homes for visiting family, holiday parties and cold weather hibernation. All of this makes fall the perfect time to declutter and organize one’s home.    The…
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Is Now a Good Time to Buy a Home?

With historically low mortgage rates and steady job gains among young adults, all the pieces are coming into place for homeownership rates to rise. But have these factors influenced consumers’ opinions on the state of the housing market and their feelings about homeownership? According to research from the National Association of REALTORS®, 78 percent…
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The Importance of Technology in Selling Your Home

Changing and improving technology influences nearly every aspect of our lives, so it makes sense that it also affects the way homeowners and their agents market and sell homes. So what are the tools consumers and their agents should be using when trying to sell their home? According to the National Association of REALTORS®,…
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Protect Your Home From the Cold

When the temperature drops and words like “icy conditions” and “blizzard” start appearing in the weather forecast, keeping a house warm and cozy becomes even more important and even more difficult. There are several things homeowners can do to prepare their home for the cold ahead of time. Winterizing pipes, especially those in areas…
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Selling in Winter

Selling a home during the winter months can be an overwhelming undertaking. For most families the holidays are already a stressful time of year, so adding a house sale to the mix is an intimidating prospect. However, there are many advantages to selling a home in the colder months. Housing inventory is always lower…
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Where Do Downpayments Come From?

The National Association of REALTORS® reported that the median downpayment for all homebuyers is 10 percent. With the most recent median existing-home price reported at $232,200 in October, that comes to a $23,220 downpayment. So where are buyers finding the money for this purchase? According to NAR’s 2016 Profile of Home Buyers and Sellers,…
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Protect Your Home From the Cold

When the temperature drops and words like “icy conditions” and “blizzard” start appearing in the weather forecast, keeping a house warm and cozy becomes even more important and even more difficult. There are several things homeowners can do to prepare their home for the cold ahead of time. Winterizing pipes, especially those in areas…
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Selling in Winter

Selling a home during the winter months can be an overwhelming undertaking. For most families the holidays are already a stressful time of year, so adding a house sale to the mix is an intimidating prospect. However, there are many advantages to selling a home in the colder months. Housing inventory is always lower…
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