When it comes to homeownership, millennials are no different than other generations. Many would love to buy a home, according to findings by SmartAsset. To achieve that dream, one of the looming issues that they must overcome is saving for a down payment. This can be especially challenging in the Boulder-Denver metro area where rents are high. Also, millennials often have student loan payments contend with, which impacts savings.
Although mortgage interest rates are increasing, they are still relatively historically low, and they are empowering millennials to invest in property. To buy a home, millennials need to plan how to overcome obstacles. Here are five tips on how to get organized and make a plan that will succeed, reported by SmartAsset.
Do the Math
Know the 28/36 rule. Mortgage lenders typically require that your mortgage payment, property taxes, and insurance total no more than 28 percent of your monthly gross income. Then, your mortgage payment and your total debt payments, including college loans and credit card debt should not be more than 36 percent of your gross income. Get out your spreadsheet and calculate what this means for you. Knowing your spending limits helps target your search for the right home.
Get Your Documents Together
Getting a loan and closing on a home requires certain documents. Go ahead and pull everything you need together and put it in a file. Usually for a home purchase you need your government issued ID, most up-to-date credit report, a verification form from your employer, W-2 forms, federal tax returns, and bank and asset statements.
Get Your Down Payment Together
Plan to pay the biggest down payment you can afford. The down payment amount determines the length of your mortgage and its monthly rate. Typically, the down payment is between three to 20 percent. The bigger your down payment, the lower your loan amount will be. Increasing your down payment has benefits: a higher down payment makes it possible to get a lower loan at a lower interest rate. Putting more money down usually gives you the ability to borrow more.
Consider Taxes, Property Insurance, Closing Costs and Other Expenses
These necessary expenses factor into the price of the home you can afford. Be sure to calculate home insurance and property tax rates in Colorado and in the county you are exploring. Closing costs include loan origination, underwriting, appraisal, title insurance, wire and courier, and other fees.
Study the Area
Discover which neighborhood is best for you. Study the value of surrounding properties. This will help you know if the home you want is comparably priced to other homes in the area. Working with a knowledgeable Realtor provides insight and perspective on neighborhoods and home values. Be sure to find a Realtor who can help you navigate the search for a home and purchasing process.
To read the full article, visit https://smartasset.com/mortgage/millennial-home-buying-guide.
To find a home and realtor for you, visit http://www.boulderco.com.
Market demand continues to be strong for Boulder County residential real estate with continued improvements for June sales compared to May.
“Sales were strong through June. It’s a lively market, but certainly not overheated,” says Ken Hotard, senior vice president of public affairs for the Boulder Area Realtor® Association.
Single-family home sales in Boulder County improved 2.3 percent in June 2018 compared to May 2018 – 498 vs. 487 units – while townhome/condominium sales jumped 31.3 percent – 189 units sold vs. 144.
Year-to-date sales show ongoing growth with single-family home sales rising 2.4 percent through June compared to the prior year – 2,218 vs. 2,166 units – and condo and townhome sales improving 6.6 percent year-over-year – 776 units sold compared to 728.
Inventory is holding steady, which typically correlates with strong sales. Single-family homes for sale increased 9.4 percent – 1,004 homes for sale in June compared to 918 in May. Condo/townhomes inventory rose 14.4 percent over the same period, making 238 units available for sale vs. 208 in May.
Prices are one indication of market temperature. So far, 2018 has seen average and median sales prices continue to rise year-over-year, with all Boulder Valley markets showing improvement in the single-family category for June. Condos/townhomes also showed improvement in both median and average sale prices in every community except statistics for Louisville, Niwot and the Mountains.
Hotard notes that typically “July has a pullback in sales, due to summer vacation schedules and the anticipation of school starting.”
“Market demand is impressive and prices are holding up,” he says. “Single-family homes average selling price has been over a million for months now and shows no signs of cooling off.”
About Tom Kalinski:
Tom Kalinski is a pillar of the Boulder Valley real estate community who was inducted into Boulder County’s Business Hall of Fame in 2016. Tom has vast inside knowledge of the Boulder County real estate market and an impressive 40-year background in commercial and residential real estate. Tom is the Owner and Founder of RE/MAX of Boulder, the top-producing local residential real estate company he established in 1977, which has grown to over 100 Realtors. RE/MAX of Boulder has been voted Best Real Estate Group by Boulder Weekly, Best Real Estate Company by Colorado Daily, and named #1 RE/MAX office in the U.S. for sales volume 8 times.
For questions, email Tom at firstname.lastname@example.org, call 303-441-5620, or visit boulderco.com.
Owner and Founder
RE/MAX of Boulder
By Terri Johnson, Realtor, RE/MAX of Boulder
Boulder County’s growing season is in full bloom – perfect for the plants we want in our garden. But it’s also perfect for weeds.
Many of the chemical weed killers are toxic to the environment and to our kids and pets, too. Our furry and young family members need a yard free of chemicals to roll around in. You don’t have to look farther than your kitchen for items that can do the trick. Here’s a helpful list, first published by Better Homes and Gardens.
Salt will kill weeds and any other vegetation, too. So only use salt where you don’t want anything at all to grow. Salt can be used in the cracks in sidewalks, driveways, and pathways to eliminate plant growth. Just be sure the water from the salted area doesn’t run off into an area where you want plants to grow.
Vinegar has acetic acid that draws moisture out of plants, which kills the plant. Vinegar will kill any plant, so be careful to apply only to weeds. It may take several applications to work. You can increase the effectiveness by adding one tablespoon of dish soap to one gallon of vinegar. The dish soap makes the vinegar stick to the plant so it can work more quickly.
Before weeds emerge, sprinkle cornmeal around your landscaping to prevent weed growth. It keeps seeds from germinating so the weeds can’t get started.
4. Boiling Water
Here’s a super environmental solution for targeted weed control: douse the weed with boiling water. It will wither and die. Meanwhile, the soil is hydrated. Tough weeds may require several applications of boiled water.
Starve your weeds of sunlight. You can use all kinds of material to cover weeds so they don’t get the sunlight they need to survive. Mulch options include cardboard, shredded bark, leaves, evergreen needles, and rocks. As long as the material lets water through and keeps sunlight out, it can be used to maintain a weed-free area.
6. Pulling weeds by hand
Okay, pulling weeds is the one thing that gardeners want to avoid. But, if it’s needed in small areas, it’s not so bad. And it is a safe and effective method for getting rid of weeds without using toxins.
For the full list of how to make your yard beautifully weed-free and safe for your pets and family, visit: https://www.bhg.com/gardening/pests/insects-diseases-weeds/pet-friendly-weed-killer-281474979765644/
RE/MAX of Boulder Realtor Terri Johnson is a Colorado native who was born in Denver and has over 35 years of real estate experience – and she’s an avid gardener! With Terri’s extensive experience selling new and pre-owned homes in Boulder, Larimer, Weld, Jefferson and Adams counties, she has developed strong skills and expertise in marketing, buying and selling real estate. Her real estate designations include Senior Residential Estate Specialist, Certified Negotiation Expert, Certified Distressed Property Expert, Short Sale and Foreclosure Specialist and Graduate, Realtor Institute.
For questions contact Terri Johnson at 303-589-8180 or email@example.com, or visit boulderco.com.
Front page cover article in Daily Camera’s At Home section, published on July 27, 2017
By Darren Thornberry
Photos by Timothy Seibert
RE/MAX of Boulder is celebrating 41 years of Boulder County real estate by embracing its community. With more than 100 Realtors who live, work, and raise their kids here and average 15 years of experience, RE/MAX of Boulder agents and staff know their neighbors and their communities. Since 1977, the company has helped 50,000 families with the biggest investment of their lives and has even worked with multiple generations of families in Boulder County. RE/MAX of Boulder is proud of and grateful for every one of those opportunities, so it’s not surprising that they are sending a huge thank you to the community by sponsoring two summer concert series that are free to the public: Bands on the Bricks in Downtown Boulder and the Louisville Downtown Street Faire. Thousands of visitors enjoy both of these events that also help support local businesses located in downtown Boulder and downtown Louisville, showcasing the areas as thriving city hubs.
“We are so proud and fortunate to be a part of this community,” says RE/MAX of Boulder Managing Broker Todd Gullette. “In 1977, our office was the third RE/MAX office in the world to open its doors. Back then, virtually no one had heard of the RE/MAX brand. We were a mom and pop shop with big roots to the area. In our hearts, we are still that same small business with a great deal of appreciation for the everyone who lives in Boulder County. We believe this philosophy is what has helped us serve the community so well.”
Bands on the Bricks is well known as Boulder County’s best summer concert series with 10 weeks of fantastic free concerts, and RE/MAX of Boulder is proud to be this year’s presenting sponsor.
Bands on the Bricks is well known as Boulder County’s best summer concert series with 10 weeks of fantastic free concerts, and RE/MAX of Boulder is once again sponsoring the event. Wednesdays from June 6 to Aug. 22, on the well-trodden bricks of Pearl Street, the outdoor beer, wine and margarita garden opens at 5:30 p.m. with opening acts at 6 p.m. and the headliners at 7 p.m. This summer’s talent has been amazing, and there are still three concerts left: Aug. 1 with opening act Lauren Joy and headliner The Country Music Project, Aug. 8 with opening act Hunter Stone and headliner That Eighties Band and Aug. 22 with band to be announced. So head down to Bands on the Bricks and dance the night away!
Anna Salim, VP Events & Membership, Downtown Boulder Partnership, says, “Bands on the Bricks brings the Boulder community together each week during the summer. Locals and visitors of all ages have the chance to enjoy our beautiful downtown – the vibe is happy and inviting and that’s what the world needs more of right now. We couldn’t bring in the talented musicians and produce Bands on the Bricks without RE/MAX of Boulder, who has been an amazing presenting sponsor over the last several years. Their commitment to the downtown community and Boulder is strong and we are very grateful for their support!”
As presenting sponsor for the past six years, RE/MAX of Boulder has also invited nonprofit organizations to set up booths at Band on the Bricks. Owner and Founder Tom Kalinski notes, “We have outstanding nonprofit partners that are making a crucial difference in the lives of residents who are struggling in Boulder County. It’s important that we help support these organizations to maximize their impact.”
Susan Finesilver from Community Food Share says, “Thanks to RE/MAX of Boulder for the booth at Bands on the Bricks. We appreciated being there, and we had some great conversations with new and old friends, donors, and volunteers. We appreciate RE/MAX of Boulder’s generous support of the community!”
And Children’s Hospital Colorado Foundation’s Kacie Thomas says, “RE/MAX of Boulder has been an amazing advocate for Children’s Miracle Network and Children’s Hospital Colorado. Not only have they ranked “Miracle” status by fundraising in their office and through their agents, they have also gone above and beyond by donating a booth to Children’s Hospital Colorado at their annual Bands on the Bricks event. They have even reached out to other national Children’s Miracle Network partners to share the booth because they truly understand that the fundraising is going to a greater cause helping the kids at Children’s Hospital Colorado.”
RE/MAX of Boulder is also sponsoring the Louisville Downtown Street Faire with phenomenal live music, local vendors, and children’s activities.
East Boulder County has its own incredible summer concert series, too, in the Louisville Downtown Street Faire. Over eight Friday evenings from June 8 to Aug. 10, downtown Louisville becomes the hottest concert destination around. As the Louisville marketing folks put it, “Babies don’t cry, dogs don’t bark, and wise elders feel nineteen again” with the crowds dancing and enjoying phenomenal live music.
The Street Faire is held at the Steinbaugh Pavilion, 824 Front Street. It runs from 5 to 9:30 p.m. with music from 6:30 to 9(ish) – rain or shine. Happy Hour drink prices are in effect from 5 to 6 p.m. Expect incredible local food, cold drinks, lots of children’s activities, quality arts and crafts, local vendors, and, because of sponsors like RE/MAX of Boulder, it’s free to the public. Tonight, go downtown to catch The Young Dubliners and on Aug. 10, take in one last summer groove with Lee Fields & The Expressions.
RE/MAX of Boulder has a booth at the Street Faire, where their Realtors get a chance to chat with families and attendees.
RE/MAX of Boulder’s Realtors Andrea Farinacci (left) and Shelley Chittivej (right) with staff member Christopher Thompson (middle) chatting with families and attendees at the booth.
In addition, the company has created a dedicated website to help keep local residents informed about our community and ongoing philanthropic opportunities. Bouldersource.com is RE/MAX of Boulder’s online community hub for news and events showcasing behind-the-scenes stories about Boulder’s people, nonprofits and businesses. RE/MAX of Boulder also keeps the community updated about the latest market statistics and hot topics in real estate news on boulderco.com and on RE/MAX of Boulder’s Twitter, Facebook and Instagram pages.
Over the years, RE/MAX of Boulder has been the recipient of many people’s choice awards across Boulder County. This year, RE/MAX of Boulder was voted by the community as Best Real Estate Group in the Boulder Weekly and Best Real Estate Company in the Colorado Daily.
RE/MAX of Boulder Broker/Owner Jay Kalinski says, “The community in Boulder County has been so amazing and supportive. Our heartfelt thanks for your confidence and trust in us.”
A RE/MAX of Boulder Realtor would be thrilled to talk with you about your real estate needs or any questions you have about our communities in Boulder County. Simply call 303.449.7000, drop by their two convenient Boulder locations at 2425 Canyon Blvd. or 1320 Pearl St., or go online to boulderco.com.
Originally Posted by RE/MAX of Boulder on Friday, July 27th, 2018 at 9:26am.
Boulder County excels at attracting talented and skilled workers. But change is in the air, says futurist Josh Davies, CEO at The Center for Work Ethic Development and keynote speaker at the recent Boulder Economic Summit 2018: The Workforce of the Future.
Statistics presented by futurist Davies suggest that if the last decade rocked with rapid change on the job-front, hang on to your Smartphone – the future promises to be a rocket-ride.
And, the future starts now.
Today, Boulder County employers are going head-to-head with the rest of the world. Local businesses compete globally for highly skilled workers integral to business success, yet these workers are too few in number to fill the demand. If corrective steps aren’t taken, the worker shortage will continue and potentially worsen, predict speakers at the Summit. Success is critical, since Boulder County’s thriving economy, vitality and quality of life depends on local businesses continuing to engage world-class, highly skilled people.
Hosted by the Boulder Economic Council (BEC) and the Boulder Chamber at CU-Boulder, the Boulder Economic Summit brought experts and hundreds of community leaders together to evaluate Boulder’s competitiveness in the global demand for talent. In breakout sessions and roundtable discussions, the group explored how education and workforce development must evolve to keep up with the impacts of automation, immigration, globalization and other forces affecting future jobs.
There Will Be Robots. Lots of Robots.
People, get ready. Futurist Davies says the robots are coming and in more ways than ever expected.
The growth will be explosive: 1.7 new industrial robots will be in use by 2020, with robots performing tasks in homes and offices – not just in manufacturing, says Davies.
In his talk, 2030: The Workplace Revolution, Davies highlighted how technology will change our jobs in the coming decade and the pressing need for skill development and preparation.
With advances in technology and creative disruption in industries, employment has shifted, explains Davies, adding that 85 percent of jobs in 2030 haven’t been created yet. By then, computers will function at the speed of the human brain. He warns that increased automation and artificial intelligence will significantly alter employment needs and businesses should be prepared.
Low-skilled and entry-level and other jobs that perform repetitive tasks will no longer be available to human workers – computers and robots will fill that need. While companies do not like to replace people with robots, if robots cost 15-20 percent less, humans will lose out.
Davies predicts retail jobs will be replaced by robots at a very high rate, even though it is the leading profession in most states. Sixteen million retail workers will need to be retrained for new jobs.
His strategies for the future are to recognize that whether tasks are cognitive or non-cognitive, repetitive tasks can be automated. To succeed, workers need to develop non-cognitive skills: problem-solving, critical thinking and empathy.
Acquiring New Skills Critical to Success
Andi Rugg, executive director of Skillful Colorado, says one-third of the American workforce will need new skills to find work by 2030.
In her talk, Understanding the Skills Gap, Rugg emphasizes that training and retraining are the path to success, not only for the coming decade, but for today. There are 6.3 million unfilled jobs in the U.S. today because there’s currently not enough talent to bridge the gap between employer requirements and the workforce.
Rugg stresses that hiring needs to become skills-based, since we are in a skills-based economy. Her statistics are hard hitting:
- Jobs requiring college degrees exceed the number of workers who have them.
- Seventy percent of job ads for administrative assistants ask for a college degree, but only 20 percent of administrative assistants have a college degree.
- Only 3 in 10 adults in the U.S. have a bachelor’s degree – demand for bachelor’s degree is outstripping supply of workers who have them.
- Only 35 percent of Boulder County’s skilled workers have a degree and Colorado ranks No. 48in the nation for the number of people of color with a degree.
- Employers need to be more agile in hiring and realize that skills can bridge the gap.
- Employers need to focus on skills to address inequities in the labor market.
- Employers should also offer upskilling and lifelong learning for employees.
- Skills-matching improves employee retention and engagement as well as reduces the time to hire and ultimately reduces turnover costs for the employer.
Housing and Transportation Keys to the Solution
In a roundtable discussion led by RE/MAX of Boulder Broker/Owner Jay Kalinski, the team tackled one of Boulder County’s looming challenges in attracting workers to Boulder County – affordable housing and transportation options that enable commuting. The group developed possible solutions to ease transportation and affordable housing issues.
Photo caption for photo above: Jay Kalinski, RE/MAX of Boulder Broker/Owner (left} leads a roundtable discussion to develop transportation and affordable housing solutions.
Learn more about the discussion in Jay Kalinski’s article in BizWest, “Where will Boulder’s workforce of the future live?” at: https://bizwest.com/2018/06/01/where-will-boulders-workforce-of-the-future-live/?member=guest
In breakout sessions and the closing plenary, discussions revolved around ways the community can address workforce and economic development by bringing together private sector businesses and industry with educational institutions and organizations, government, and nonprofits in collaboration.
Through this joint effort, our community can prepare students with the workforce skills needed in the future that cannot be automated; develop business-relevant class content; roll out real-life technical projects in classrooms; re-train workers; and offer apprenticeships, internships, and work-based learning alongside education or as standalone, all of which can help workers gain skills.
Learn more by reading the Boulder Economic Council and Boulder Chamber’s recently published “Boulder Innovation Venture Report” at: https://bouldereconomiccouncil.org/whats_new_with_the_bec/boulder-innovation-venture-report/
Spring selling season in Boulder County continues to soar with April’s residential sales keeping pace with last month’s rocketing sales as well as outperforming April last year.
“Demand remains strong and inventory tight, keeping upward pressure on pricing,” says Ken Hotard, senior vice president of public affairs for Boulder Area Realtor® Association.
The 345 single-family homes that sold in April 2018 topped March’s rising sales by one unit or .3 percent; and the 126 condominiums and townhomes sold in April represented an additional 4 sold or 3.3 percent over last month.
Year-over-year Boulder-area single-family home sales climbed 5.4 percent through April 2018 – 1,198 homes sold vs. 1,137 – and condo/townhomes sales increased 5.9 percent with 447 units sold compared to 422.
Inventory also grew, which has proven to be a key factor in maintaining sales.
“While inventory showed solid increases in both single-family and condo/townhomes, we could use three-to-four times that amount to meet demand,” says Hotard.
Countywide single-family inventory increased 18.2 percent in April over March with 770 homes for sale vs. 651. Condo/townhome inventory improved 16.4 percent over the same period – 163 units vs. 140.
Hotard says evidence shows prices may have not yet reached a peak. “This is the first time I recall median prices over $1 million. It’s clear that with the city of Boulder built out on single-family housing stock, it’s putting pressure on prices.”
He notes that many dynamics shape the market. “Clearly affordability is a big issue – it influences who can live here, whether purchasing or renting. As more people can’t afford to live here, it’s a big loss because we are losing high quality people and the marketplace is becoming more exclusionary.”
Noting that buyers are coming from many places including California, Chicago, Texas and Nebraska, Hotard says people look to Colorado because of the entrepreneurial spirit and low unemployment.
Hotard summarizes, “As Boulder is to Colorado, Colorado is to the rest of the country.”
Posted by Tom Kalinski Founder RE/MAX of Boulder on Tuesday, May 29th, 2018 at 11:56am.
More highly skilled workers are moving to Denver than any other U.S. city, according to a new study by JLL Research.
The number of 25-year-olds and older with a bachelor’s degree or higher increased in Denver by 22.5 percent from 2012-2016, leading the nation’s growth rate for that demographic, reports JLL based on analysis of U.S. Census Bureau estimates.
Among cities ranked, Denver took No. 1 followed by Washington, D.C. at 19.9 percent; Philadelphia, 19.7 percent; Boston, 19.1 percent; Portland, 18.4 percent; and Fort Worth, 17.9 percent.
Here’s a look at the top 10 cities for worker growth rate in that demographic:
Cities emerged as the residential location of choice, JLL Research says but “not all cities were created equal in their ability to attract talent.”
Denver led the pack bolstered by high wages and low unemployment. Even with the influx of workers, Colorado’s unemployment rate is at a historic low, clocking in at 3 percent, according to Colorado Department of Labor and Statistics March 2018 data.
In 2017, our state boasted the lowest unemployment in the nation at 2.3 percent, which is the lowest the state has seen since data were recorded in 1976, reports the CU Leeds Business Research Division at CU-Boulder.
CU Leeds School reports cities across the state with the lowest unemployment rates:
– Fort Collins-Loveland, 2.1 percent
– Boulder, 2.3 percent
– Greeley, 2.5 percent
– Denver-Aurora-Broomfield, 2.5 percent
Unemployment in the U.S. is 4.1 percent, with unemployment for those holding a bachelor’s degree or higher is roughly 2.1 percent nationwide.
“In a full employment economy, talent becomes increasingly difficult to attract as competition for available workers increases. As a function of demand for talent outstripping supply, wages naturally rise as employers offer higher compensation to compete,” reports JLL Research.
See the full list of cities at http://www.jll.com/philadelphia/en-us/research/snapshots/839/philadelphia-4-9-18-war-for-talent
Read more on the CU Leeds Economic Report at http://www.boulderco.com/blog/colorado-outperforms-us-economy-state-outlook-strong.html
As home values continue to rise in Colorado, it’s clear that home sellers are benefitting, with four state metro’s making the top 15 of 24/7 Wall St.’s list of cities where people made the most money on home sales.
Boulder ranked No. 8 on the list with Denver, Fort Collins, and Greeley coming in seventh, eleventh and fifteenth, respectively.
According to 24/7 Wall St., Boulder’s average home price gain since last purchase is 56.4 percent or $176,750, compared with Denver’s slightly higher 56.6 percent which translates to $133,700; Fort Collins’ gain of 54.6 percent or $121,850 and Greeley’s 52.6 percent or $107,748.
Top-ranked California metro San Jose-Sunnyvale-Santa Clara had an average home price gain of 77 percent or$415,500.
Metro areas like Denver, Nashville, and Austin are “historically steady-Eddie appreciation markets in middle America that have transformed into boomtowns during this particular up economic cycle,” Senior Vice President of Attom Data Solutions Daren Blomquist tells 24/7 Wall St.
The top five and half of the top 20 metro areas with largest home sales gain are West Coast markets, which Blomquist notes were “the last to get hit by the housing crisis and the first to recover.”
Here’s a look at the full data on Colorado cities, as reported by 24/7 Wall St.:
No. 7 – Denver-Aurora-Lakewood
Average home price gain since last purchase: +56.6% (+$133,700)
Average home sale (2017): $453,012
Best historical time to sell: 2017 (+56.6% price chg. since last purchase)
Worst historical time to sell: 2011 (-3.6% price chg. since last purchase)
Average outstanding home loan: $316,904
Median household income: $71,926
No. 8 – Boulder
Average home price gain since last purchase: +56.4% (+$176,750)
Average home sale (2017): $645,424
Best historical time to sell: 2000 (+72.6% price chg. since last purchase)
Worst historical time to sell: 2003 (-0.4% price chg. since last purchase)
Average outstanding home loan: $377,262
Median household income: $74,615
No. 11 – Fort Collins
Average home price gain since last purchase: +54.6% (+$121,850)
Average home sale (2017): $530,051
Best historical time to sell: 2017 (+54.6% price chg. since last purchase)
Worst historical time to sell: 2010 (4.9% price chg. since last purchase)
Average outstanding home loan: $281,579
Median household income: $66,469
No. 15 – Greeley
Average home price gain since last purchase: +52.6% (+$107,748)
Average home sale (2017): $327,100
Best historical time to sell: 2000 (+239.7% price chg. since last purchase)
Worst historical time to sell: 2011 (-6.0% price chg. since last purchase)
Average outstanding home loan: $334,061
Median household income: $63,400
To identify the cities where people make the most on home sales, 24/7 Wall St. reviewed home price gains in metropolitan statistical areas of 200,000 people or more provided by Attom Data Solutions. The real estate data clearing house considered the 150 large MSAs with at least 18 years of home sales and price data. Attom determined for each year the median sales price of all single family homes and condos that sold that year and subtracted it from the median sales price of those same properties the last time they sold. To calculate the percentage gain, the median dollar gain was calculated as a percent of the previous median purchase price.
For the full report visit https://247wallst.com/special-report/2018/03/02/cities-where-people-make-the-most-on-home-sales
Posted by Tom Kalinski Founder RE/MAX of Boulder on Tuesday, May 22nd, 2018 at 2:31pm.
With Boulder’s walking, biking and hiking trails, it’s no surprise the city made the SmartAsset top 10 list of places for physical fitness.
But here’s what is surprising: as fitness and healthy-eating oriented as Boulder’s culture is, the city ranked only No. 10 on SmartAsset’s fourth annual study of the most fitness-friendly places in America.
According to the study, nine other cities are more fitness-friendly than this biking-hiking-running-skiing-walking-climbing loving town.
SmartAsset describes fitness-friendly cities as those that tend to be walkable, offer few fast food eateries and plenty of healthier eating restaurants, and present plenty of places to workout in. Having ample workout facilities overcomes crowded or far away gyms that can deter people from exercising regularly.
Boulder scores in the top 15 for the percent of residents who walk or bike to work and the number of fitness professionals per 10,000 residents. In fact, Boulder has a top 25 score in the number of fitness businesses. However, the cost of getting fitness help from a professional lowered Boulder’s overall score. The city ranks 337 out of 340 for the affordability of professional fitness help.
In No.1-ranked Missoula, Montana, residents walk or bike to work at a rate of around one in 11. The city’s transportation design makes walking or biking not only possible, but enjoyable.
With two Iowa cities in the top 10 – No. 3 Iowa City and No. 9 Ames – it’s clear that Iowans are doing a lot right when it comes to fitness. Around 11 percent of Iowa City residents walk or bike to work – the fifth-highest rate in the study, according to SmartAsset.
The top 10 cities are:
- Missoula, Montana
- La Crosse-Onalaska, Wisconsin-Minnesota
- Iowa City, Iowa
- Ocean City, New Jersey
- Bend-Redmond, Oregon
- Napa, California
- State College, Pennsylvania
- Harrisonburg, Virginia
- Ames, Iowa
- Boulder, Colorado
Data for 340 metros was analyzed by SmartAsset to determine America’s most fitness-friendly cities. Metrics include the percent of those who walk or bike to work, number of fitness jobs, cost of hiring a personal fitness instructor, number of fitness establishments and prevalence of fast food restaurants. The final factor – fast food eateries – is calculated as a negative.
Get all the details on each city at https://smartasset.com/mortgage/fitness-friendly-places-2018
Posted by Tom Kalinski Founder RE/MAX of Boulder on Friday, April 20th, 2018 at 10:40am.