Average Commute Times for the Front Range

Do you commute to work? The national average for getting to work is 25.7 minutes. Lucky for us, Boulder, Longmont and Fort Collins residents all have times below this, but Denver is slightly higher at 26.9 minutes. Maybe this will influence where you buy your next home! Read more.

Buying A Home? Should You Do It Now or Later?

Last month, the Federal Reserve, in a unanimous vote, decided to further decrease its bond purchasing. The bond purchases were the government’s stimulus package created to keep long term mortgage interest rates artificially low in order to help drive the housing market. Most experts believe that tapering will cause interest rates to increase as we move through the year.

Interest rates have remained relatively stable since the onset of the tapering in December. This is probably because the first round of increases had already been ‘priced into’ the equation last summer when rates skyrocketed by over a full percentage point just on the speculation that tapering would take place later in 2013.

However, as we move forward, most analysts believe rates will start to rise culminating in a rate close to a full percentage point higher than current rates by this time next year. For example, Freddie Mac, Fannie Mae, The Mortgage Bankers’ Association and the National Association of Realtors have all recently projected rates to be between 5-5.4% at this time next year.

Bottom Line

If you are a first time buyer or a move-up buyer, the cost of the mortgage on your new home will probably increase as we move through the year. If the timing makes sense, buying sooner rather than later may save you a substantial amount of money over the long term in lower mortgage payments.

Source: Keeping Current Matters

Top 10 Reasons To Hire A Real Estate Agent

Top 10 Reasons To Hire A Real Estate Agent [INFOGRAPHIC]

Boulder is #9 for Highest-Paid Women

The city of Boulder ranks ninth in Forbes magazines list of top ten best paying cities for women in the U.S with a median salary of $46,800. Read the complete list and how women's salaries compare to men's here.

Not surprising, San Jose/Santa Clara/Sunnyvale ranks number #1 with a median salary of $56,000.

King to head business-growth program | Today's News | Boulder County Business Report

If you have a Colorado business, this advanced program by the Small Business Development Center could be a game changer for you. Check it out!



King to head business-growth program | Today's News | Boulder County Business Report