Blog On Main Street

by HouseLogic, REALTORS®

When it comes to buying a house, most people know what they prefer: a bungalow or a condo, a hot neighborhood or a sleepy street. But, mortgages, too, come in many styles — and recognizing which type you should choose is just slightly more involved than, say, knowing that you prefer hardwood floors over wall-to-wall carpeting.

First things first: To pick the best loan for your situation, you need to know what your situation is, exactly. Will you be staying in this home for years? Decades? Are you feeling financially comfortable? Are you anxious about changing loan rates? Consider these questions and your answers before you start talking to lenders. (And before you choose a lender, read this.)

Next: You’ll want to have

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By Rob Kelly, LRA Owner & Managing Broker

Louisville, Colorado remains a hot seller's market, with very little inventory on hand for eager buyers who want in. The median list price of a single family home jumped from $625,000 in December 2017 to a whopping $699,000 in early May this year. Louisville's inventory did not change much from the dead of winter to early spring and currently sits at 43 homes for sale, which is actually only a slight increase from 39 homes in December 2017. 

Some of the metrics we pay attention to include "Days on Market" (DOM), which for Louisville decreased greatly from 86 days in December 2017 to 59 days in early May 2018, which includes time to close the transaction, so it is not a true reflection of how long a home

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By Rob Kelly, LRA Owner & Managing Broker

It is about this time of year that Louisville really starts to wake up. The outdoor seating on Main Street is open filled with residents and visitors soaking in the Colorado sun. The colorful and fragrant flower boxes remind us spring has arrived. At LRA, our community events may be smaller scale than some other local businesses, but we design our events to be casual and inviting. We hope you will attend our May Art Walk coming up this week!

North view of Louisville's Main Street restaurants with umbrellas and flower boxes

This Friday, on May 4th, LRA will be proud to open our doors for First Friday's Art Walk and for the third year in a row, we will feature the amazing art work of Louisville Middle School art classes. We will deck our walls with a dozen pieces from the wonderful LMS

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by Cory Nickerson, LRA Associate Broker

Like most of you, I've see lots of trends come and go, but this one caught my attention: upper-level living rooms are emerging as a sought-after space among homeowners.  According to Realtor Magazine, homeowners are attracted to second-floor living rooms, which are doubling as "lounges".  These spaces can be cozier than the more traditional living areas on the first floor. Sometimes these upstairs living rooms are being called  “pajama lounges”, as they offer more privacy and due to their proximity to bedrooms. We real estate agents, are seeing these lofty living spaces to include furnishings such as cozy sofas, a kitchenette, a media center, and reading nooks.

According to architect Kobi Karp, "Architects

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By Guest Blogger, Tiffany Rowe, RE Colorado

You’ve got the Easter picnic planned, maybe a birthday party before then, and a few days of decent weather to get everything done in time. Yep, you have a full spring schedule. Between the interior spring cleaning, decorating, and the yardwork that has to be done, you’ll settle for mowed grass and clean floors by the time April rolls around.

Nearly 75 percent of Americans participate in some form of spring cleaning. The stats might not show it, but in order to recover from so much winter damage, spring cleaning is often filled with half-measures and shortcuts. There’s just too much to take care of… unless you have a few tips to help you out.

There are plenty of hacks to getting your home ready for

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by Rob Kelly, LRA Owner & Managing Broker 

Thanks to our state's rich and colorful history of ranching, farming and mining, coupled with a mild climate and burning desire to preserve our Colorado history, we are flush with older, well kept homes. In today's real estate market, many home buyers find these homes quite desirable.  One does not have to look too far from LRA's own office in Old Town Louisville to see the charm of miner's cabins, some which date as far back at the 1890s.  

Some of these vintage homes have been elegantly remodeled and some still appear to have much of their original home in tact. When we preview older homes in Old Town Louisville, Superior, Lafayette or Boulder, we often notice that such homes sell for 25% to 50%

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By Jeremy Alderman, Zogmedia

With Colorado slowly shaking off its snowy blanket to make way for warmer days, it’s time to start thinking about spring break. For kids, it’s a well needed rest before the last few months of the school year. For parents, it’s an opportunity to get the whole family together. And if you’re staying close to home this break, the heat is on to still provide an amazing time the kids will proudly brag about to all their friends. Whether you’re a Colorado dweller looking for some fun close to home or you’re coming in from out of state, you’re in the right place!

Let’s go over how to make the best out of your Colorado spring break. At first glance, you might not know where to start when researching places to visit in central

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by Cory Nickerson, LRA Associate Broker

Who ever thanks the IRS? Seriously?  Well, as unpopular as the IRS may be to most of us, there are tax deferred programs that can save real estate investors thousands of dollars. It does not matter if you own one rental or a dozen rental units or even more. Whether you are just getting started in real estate investing or are a seasoned investor,  before your consider selling your rental properties, you should learn about and take advantage of what the 1031 Exchange has to offer. 

Thanks to the Internal Revenue Code Section 1031, a properly structured 1031 exchange allows an investor to sell a property, to reinvest the proceeds from that sale into a new property (within a certain timeframe) and to defer all

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by Rob Kelly, LRA Owner & Managing Broker 

Are you one of the more than 1.3 million students graduating from college or secondary education with debt? The numbers of students over burdened with student debt seem to be keeping pace with the rapid rise of tuition and the other expenses.  According to the Institute of College Access and Success, "Graduates with student loan debt is up from 1.1 million in 2008 and 0.9 million in 2004. In 2012, 66% of graduates from public colleges had student loans and 75% of graduates from private nonprofit colleges had student loans."  

Since we are diving into the statistics, here's another sobering fact. According to a 2017 survey from the National Association of REALTORs (NAR), "Eighty percent of millennials

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by Raymond Web, Take Care Termite & Pest Control 

Are you thinking of selling your home? Then you should be preparing on how to get the most value for your property. Your home’s resale value depends on a lot of factors but here are 6 proven ways to increase the resale value of your property:

1. Enhance Your Curb Appeal - The front of your house is the first thing that your potential buyers set their eyes on, this often determines whether your customers will decide to see the inside of it or not. You can increase your home’s curb appeal by keeping your garden well maintained, getting rid of any unnecessary clutter in your yard and creating a great entrance that welcomes people into the house. First appearances really do matter when it comes to

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