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We've all heard it, location, location, location. Buying real estate may be the biggest financial investment you ever make, so maybe we should be saying investment, investment, investment. When I asked local real estate experts where they thought the next hot spot for real estate investment might be they all had the same answer: Lafayette, Colorado.
Why Invest in Real Estate In Lafayette Colorado?
Lafayette is growing immensely in popularity. Like its neighbor Louisville which saw greater home value growth in 2014 than even Boulder, Lafayette real estate will likely follow the same pattern. As Louisville and Boulder's subdivision are nearly fully developed, people tend buy in the next closest location. This creates a higher demand which will…
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Featured Listing: Inside 2300 75th StreetProvided by Goodacre and Company If you are anything like me you've driven by this estate wondering what it would be like inside. Well, it's on the market for 7.5 million and you can click here to satisfy your curiosity!
March Market Insight Boulder CountyWe’re into the fourth year of a relatively stable real estate market across the Boulder Valley, Northern Colorado, and the Metro Denver area. Available inventory of homes continues to be…
We’re into the fourth year of a relatively stable real estate market across the Boulder Valley, Northern Colorado, and the Metro Denver area. Available inventory of homes continues to be an issue, with the current Absorption Rate for single family homes through February/2015 in Boulder County being 134 days. That number will decrease as the area real estate market shifts into a higher gear with the advent of spring and summer. The overall Absorption Rate for 2014 for single family homes in Boulder County was 76 days.
Boulder County sales activity is ahead of last year through February. There have been 328 single family homes sold thus far this year compared to 300 last year; 145 attached units sold this year compared to 124 attached…
When picturing your dream home perhaps you see an open floor plan, master suite, granite countertops, but you might be overlooking the most important quality - investment. Not since the 90s have we seen such a high demand for real estate. Demand is high, inventory is low, basic supply and demand means prices will continue to increase.
The low supply/high demand trend looks like it's at the beginning of a long climb. Lou Barnes, a mortgage lender with Premier Group in Boulder was recently quoted in the Daily Camera, "We're within sight of the last single-family detached (home) in Boulder County." Barnes is referring to the fact that most of Boulder's subdivisions have been built out and the county is considering more building restrictions for the…
Considering the recovering economy and the hot real estate market, it's amazing to see these mortgage rates still so low! Search the MLS to see what Colorado properties are available in your price range. The number of homes for sale in Boulder is on the rise too, but it's still a seller's market. Contact an agent to get a free market comparison for your home.
Boulder County’s inventory is low, making it a seller’s market. With fewer homes for sale, sellers are in the best position to negotiate not only the price of their home, but the terms of their contract making it a great time to sell. Even if you are looking to relocate later in the year, now may be the perfect time to put your home on the market. Here are a few scenarios to help you decide.
Scenario 1: You’re moving out of Boulder County
Even if your move is planned for later in the year, putting your house on the market now may be the perfect move. Selling early in the year means less competition later from spring sellers. This makes it very likely your home will sell before you move, alleviating the worry of two mortgages.
Scenario 2: We…
We know life is good here in Colorado and so does the nation. Check out some of rankings that put Colorado ahead of the pack.
- 4 of the top 10 Cites With The Largest Homes are in Colorado: Co. Springs (3), Boulder (6) Greeley (7), Ft. Collins (8) according to 24/7 Wall St
- Colorado ranks as the 7th Happiest State according to Gallup-Healthways Well-Being Index
- Colorado is #4 Most Educated State according to data complied by Bloomburg: 36% of CO residents have a bachelor degree or higher
- Colorado is #8 Healthiest State according to Health.com (we got knocked down a peg for binge drinking, no seriously!)
- Colorado is #5 Most Active State with 69% reporting they exercised 3 times a week or more
- Colorado is home to 6th richest county
It’s that time of year again…taxes. Before filing there are some important questions you should ask, especially if one of your goals is to buy a home in 2015.
1) Do you max out your deductions to pay as little out of pocket as possible?
2) Are you considering buying a home in 2015?
3) Do you need a loan to purchase the home?
If you answered yes to these questions this information might surprise you. Act now, before filing, to arm yourself with the best balance of deductions to position yourself favorably.
Why Not Max Out Tax Deductions?
Not many of us are excited about sending money to the IRS, so looking for every possible tax deduction is understandable. However, mortgage lenders look at NET Taxable Income, not GROSS income.…