Category Archives: Blogs

End of the Week Market Update

By Jessica Shanahan, Premier Lending LLC adapted from the Shirmeyer Rate Market Report. Mortgage interest rates increased slightly this past week as economic data was limited.  Markets are looking toward next week’s FOMC meeting to see if the Fed concludes its quantitative easing at the end of October.  The Fed’s balance sheet has expanded to $ 4.48 trillion.  Fed Chair Yellen is open to reinvesting maturing bonds depending upon economic conditions.  Reducing the balance sheet to n

Annual Fall Conference

This week the topic of discussion on RE/MAX of Boulder Radio was the planned programs for the Annual Fall Conference.  To disclose this important information, Duane Duggan hosted Chris Woods (the publisher of BizWest) and Jay Kalinski (the broker and Co-Owner of RE/MAX of Boulder). For the 7th year in a row, RE/MAX of Boulder and the Boulder County Business Report will host a conference and forecast for real estate professionals, real estate investors and the general public. The Forec

Banjo Billy: The Man Behind the Hillbilly Wagon

This week on RE/MAX of Boulder Radio, Duane Duggan hosted none other than Banjo Billy himself, John George.  What better way to get ready for Halloween than hearing ghost stories with the president of this Boulder based business. Almost ten years ago George was out of work and eager to start the next chapter of his life. That’s when a humble thought came about that started everything.  He had noticed that there were many successful tour busses around Europe but none in Colorado and, in

State’s economy ranked No. 1 in nation for growth

Colorado has topped yet another list, this time for having the fastest-growing economy in the nation, according to the Business Insider. The staff of Business Insider, a U.S. business and technology news website, decided to see how the economies of each state were doing “now that the recovery appears to finally be taking hold,” it reports. It ranked each state on how the growth or decline of eight economic measures – the unemployment rate, the number of nonfarm payroll jobs, gros

End of the Week Market Update

By Jessica Shanahan, Premier Lending LLC adapted from the Shirmeyer Rate Market Report. Market volatility continues this morning; a strong open for the stock market taking the 10 year note. . Mortgage Backed Securities prices less volatile and not much lower than yesterday’s close. Yesterday the October NAHB housing market index declined 4 points to 54 from 59 in September; it is a throw away report, the September jump to 59 was more an outlier, now October is back to the range in the lon

Weekend Open Houses 10/18 and 10/19

1.        2 – 6th Avenue, Longmont           OPEN SATURDAY 1 – 3 PM 2.       22 Benthaven Pl, Boulder             OPEN SATURDAY 1 – 3 PM 3.       337 Arapahoe 103, Boulder       OPEN SUNDAY 1 – 4 PM  4.       3930 Norwood Ct, Boulder           OPEN SUNDAY 1 – 3 PM 5.       2199 Juniper Ct, Boulder               OPEN SUNDAY 1 – 3 PM 6.       1028 Katy Ln, Longmont    

Boulder-area home market’s September stats reflect seasonal slowdown

Fall has arrived, as is evident by another month-over-month slowdown in the Boulder area’s real estate statistics for September. However, sales of single-family homes last month exceeded those of September 2013, proving that the market is remains stable. The sale of 314 single-family homes in September was a 1.7 percent increase compared with 308 sales a year ago, but an 18.2 percent drop compared with the 384 sales in August. Condominium and townhomes sales improved 9.5 percent in Se

Go big? Go small? Go to the right-sized home

Knowing whether to buy a big home or a small home isn’t always as easy as it sounds. As the years go by, needs change: families grow, then shrink again, just as incomes might. Just when parents think they have the home all to themselves again, they may find the need to accommodate their own, elderly parents. Here are home size-related issues that people should consider when they house shop, according to the Bradley Tuttle’s Real Estate Update. Big home, matching mortgage The bigger

Builder confidence reflects August increase in new-home sales nationwide

Home builders remain confident in the market for new single-family homes, according to the National Association of Home Builders/Wells Fargo Housing Market Index. With builder confidence in the market rising to a level of 59 in September, making it the fourth consecutive month confidence has grown – this time by four points – and bringing the index to its highest reading since November of 2005, according to a NAHB press release. “Since early summer, builders in many markets across t

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