Category Archives: Blogs

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

Colorado home prices maintain strength through 2Q

Although home prices statewide didn’t increase as much in the second quarter of 2014 as they did in the first quarter, Colorado held its eighth-place ranking on the Federal Housing Finance Agency’s listing of house-price appreciation rates for the nation’s 280 metropolitan areas. The state’s one-year appreciation rate increased 7.76 percent in the second quarter of 2014 compared with 9.34 percent in the first quarter – but that was good enough for it to maintain its national ranki

End of the Week Market Update

By Jessica Shanahan, Premier Lending LLC adapted from the Shirmeyer Rate Market Report. Mortgage interest rates improved this past week on concerns that the global economy is slowing and that deflation is spreading.  The IMF lowered its global growth outlook again for 2015 down to +3.8.  German Factory Orders fell to their lowest levels since 2009.  The FOMC Minutes from its September meeting indicated that risks of a weak global economy will allow the Fed to keep the Fed Funds rate at i

Weekend Open Houses 10/11 and 10/12

1.       180 Peregrine Circle, Broomfield               OPEN SUNDAY 2 – 4 PM 2.       7434 Singing Hills Drive J, Boulder              OPEN SUNDAY 1 – 3 PM 3.       3662 Roundtree Court, Boulder                 OPEN SUNDAY 1 – 4 PM 4.       3731 19th Street, Boulder                              OPEN SUNDAY 1 – 4 PM  5.       2487 Mapleton Avenue, Boulder      

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