Blogs by Rob Kelly

Found 53 blog entries about Blogs by Rob Kelly.

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 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 Rob Kelly, LRA Owner/Managing Broker

In my final LRA blog post of 2017, I would like to thank those who have helped us get established in our first three years and also to recap LRA's activities in and around our beloved town of Louisville, Colorado.

We have met and worked with dozens of wonderful clients, who run the spectrum from selling a stunning Chautauqua home to a Rock Creek family ready to downsize from the only home they have ever known and move to the mountains.  We have represented a family who fell in love with a charming cottage in Old Town Louisville, we have helped soon-to-be retirees navigate the new construction experience, and of course, we enjoy guiding young couples through the first time home buyers experience. We do our

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by Rob Kelly, LRA Owner & Managing Broker 

Some of you who have known me awhile know that I spend a lot of time "off the grid". I love to hike and get up to the mountains with family and friends or often I just go with my dogs, Baxter and Lilly. Spending a lot of my time lost in the beauty of places like Ward and Nederland inspired me to write a blog bout what it would be like to own a piece of Colorado.  

I am often amazed at some of the listings for land that pop up on real estate websites such as LandsofAmerica.com, enticing me to either buy a piece of remarkable acreage or help a client to do so! According to what I see on REColorado,  2017 has shown us remarkable properties for sale. Thanks to REColorado for sharing the following stories,

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By Rob Kelly, LRA Owner & Managing Broker

In Colorado's current booming real estate market, we hear many stories about prospective home buyers submitting multiple offers to no avail, as well as an ongoing trend that many Denver and Boulder area listings (between approximately $300K and $700K) selling for over 100% of list price. Naturally this results in many frustrated buyers.

According to the Denver Post, "Colorado’s population in July 2016 was estimated by the Census Bureau to be 5.5 million, up 91,726 people or slightly less than 1.7 percent — the seventh-highest growth rate among states for that year. State demographers forecast that Colorado will add plenty of people through 2020, with its population nearing 6 million."

If you are one of

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By Rob Kelly, LRA Owner & Managing Broker

This may not surprise too many of our readers, but Denver has topped another real estate list. This time for "Gentrification". This term was first coined by British Sociologist, Ruth Glass, in 1963, to describe the events that were taking place in the City of London.  In 2001, The Brookings Institute defined gentrification as "The process by which higher income households displace lower income residents of a neighborhood, changing the essential character and flavor of the neighborhood."

Thanks to our high paying jobs and desirable environment gentrification is no stranger to the Front Range. We have been observing this trend in Denver, Colorado for the past few years (maybe even earlier).

According

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By Rob Kelly, LRA Owner & Managing Broker

After months upon months of repeating myself that we are still in a seller's market in Boulder County, the tide may be turning. But don't expect prices to come crashing down, as this market continues to experience fairly high demand coupled with low inventory. However, we are seeing some prices are nudging downward a bit.  

In this week's blog, LRA has market reports for the four East Boulder County towns of Louisville, Superior, Lafayette and Erie, highlighting current inventory, average list prices and other market data for the past 90 days ending August 9, 2017. View the full details of this report highlighting key metrics here, courtesy of ColoProperties (Boulder Area Multiple Listing Service or MLS).

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By Rob Kelly, LRA Owner & Managing Broker

Louisville Realty Associates is proud to announce that we are partnering with A Precious Child to host a "Fill A Backpack Drive" to collect backpacks and school supplies for Colorado kids in need.  Our drive runs through Thursday, July 27th. 

There are more than 180,000 Colorado children living in poverty. Children living in poverty often lack the basic essentials critical to academic achievement. Please help us collect the items needed for school kids in need including: backpacks, large erasers, glue sticks, bottled glue, scissors, pens, crayons, markers, colored pencils, pencils, highlighters, index cards, rulers, folders, loose leaf paper, spiral notebooks and composition notebooks.

Drop off will be

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By Rob Kelly, LRA Owner & Managing Broker

Colorado's summers can be hot! Too hot for many of us and so while the kids are out of school it can be a great time to get out of town, cool off and travel for a week, two or even a month if you can swing it.  

But don't forget while you are busy happily planning your trips to visit family out of state or if you are envisioning your final destinations to the mountains or all the way to Europe, unsavory characters could be planing to make your return back home a nightmare.  Take this as a reminder to secure your home, so that when you return, all is in tact as you left it. 

This infographic from Sabre below has excellent statistics, to get your attention as well as practical ideas for how to keep your

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By Rob Kelly, LRA Owner & Managing Broker

If you have been paying attention to real estate in Boulder County lately, you have likely noticed that home prices have risen to all time high levels. With each passing year, this has made it harder and harder to afford a home, especially for first-time homebuyers. But with so many mortgages available to home shoppers, a traditional, 30-year fixed-rate mortgage may not be the only option to explore. 

An increasing number of homebuyers are applying for specialty mortgage, which may allow them to pursue non-traditional ways to secure and pay down a home mortgage. However, (and this is a big however), it is important to be aware of the risks, before you choose one of these mortgages and assume it is right

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