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    Troia Team
    2700 Canyon Blvd.
    Boulder, Co. 80302
    303-541-2243

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    About Boulder, CO

    All about Boulder, CO coming soon!


    Boulder Colorado Committed to Affordable Housing


    The city of Boulder is committed to offering housing to people that could NOT afford a home in today’s market.  Boulder offers home ownership to those with low or moderate incomes.  In order to make home ownership possible to people of lesser means, Boulder offers assistance.  To qualify for the various programs, incomes and assets must be below specified levels for each program.   Click income levels to find out more.

    Other than income being the most important qualifier there are other qualifications:

    1. Applicant must complete the city’s Orientation program and Homebuyer Class Series
    2. You must work at least 30 hours per week, unless retired or disabled.
    3. You must have a one year work history.
    4. You must be able to contribute $2,000 for a down payment or towards closing costs.
    5. You must be able to secure a first mortgage.
    6. Debt to income ratio should not exceed 42%.
    7. Your assets cannot exceed $50,000 for one person and add on $10,000 for each additional family member.
    8. Home must be owner occupied.
    9. The number of bedrooms may only exceed the number in the household by a factor of one.
    10. You cannot own another property.
    11. There are resale restrictions.

    The programs are as follows:

    Homeworks Program

    To make sure that homes fit the needs of low to moderate income levels, homes are build by developers as a requirement of Inclusionary Zoning.  Homes are sold at below market prices and these homes are generally classified as permanently affordable.  Resale prices are restricted which keeps the homes affordable in the future.   To purchase any of these homes you must complete an Income Certification Application.

    There are two programs for Down Payment Assistance.

    The H2O program, which stands for; House to Home Ownership.  This is essentially a deferred loan program, which means you can borrow up to $50,000 and not make any payments for up to 15 years.  When you sell the home or if you reach 15 years the loan is due in it’s entirety plus 15% appreciation.  If you only own the home for 2 years the 15% is waived.  There is no resale restriction.  For more information you can download the H2O Brochure.

    With the “First Home” program, the city of Boulder will provide up to 20% or a maximum amount of $56,000 towards the purchase of a home.  For families of 3 or more, then the amount is increased to $90,000 even if this exceeds 30% of the purchase price for a 3+ bedroom home.   These purchased homes become classified as “permanently affordable” and at resale the sale is the price minus the amount of the grant.  Essentially the grant becomes an investment of the property by the city.   Please read, First Home Conditions and Requirements,

    The 3% Solution program is basically a grant that can be used in conjunction with the Homeworks program or on properties purchased with Thistle Community Land and Trust if within Boulder city limits.  This 3% grant is solely for persons that DO NOT qualify for the CHFA (Colorado Housing Finance Authority.)  Persons must be denied CHFA assistance before applying for the 3% grant.  The grant is invested in the property so that when a person decides to sell the property the 3% is deducted from the starting sale price.  You may not have more than $12,500 in assets.   Here is more information on CHFA loans.

    The benefits of all these programs are huge, your chance to own instead of renting, tax benefits, possible equity, and having control over your own property.

    I know this is a lot of information, but it’s good information and if you need help then ask your Realtor for assistance.  I have only touched the surface of all the details involved with all these great programs, if you are interested, then I urge you to investigate thoroughly all the resources available through the city of Boulder, Co.

    Written by Ro Troia | Discussion: No Comments »

    Boulder County Colorado - a bright spot in a gloomy forecast


    The Boulder Daily Camera highlighted today the economic forecast for the state, stating that “next year 1000’s of people might loose thir jobs, retail sales will be sluggish and the state’s housing market will continue to slide”.  This was released Monday from the University of Colorado recapping the 44th Annual Colorado Economic Forecast released Monday.  By comparison, even though Colorado’s forecast might be a bit rosier than the US as a whole, what was amazing was that Boulder County’s forecast is faring quite well.  Although not immune, Boulder County as been outperforming the state and national economy in many areas due to the “strength and diversity” of the economy which will most likely hasten the recovery.

    Because of the unique mix of employers in the Boulder County and a high concentrations of well paying jobs in industries such as aerospace, biotechnology, renewable energy and natural and organic products industries, Boulder will sustain at a higher level.   The CU Economic Forecast expects the natural resources, education, health services and government sectors to weather the recession the best.  The report also expects the private businesses and professional and business services to see some gains, however, the retail , information sector, finance, insurance and real estate are expected to cut jobs.

    Here are a few of the highlights of the economic indicators for Boulder Colorado:

    For Colorado in general, the government will add about 4,400 jobs, mostly in education, however, the economic forecast expects Colorado state to loose 4,000 jobs bringing the unemployment rate to 6.5% - compared to the 2009 national US unemployment forecast that is expected to grow to 7.5%.

    So, can’t stand all the good news here?  Stick with sage advice of “DO NOT PANIC, and don’t “DON’T DO ANYTHING STUPID.  Continue doing what you normally do.  They say “the economy is driven much more by people’s attitudes and their perspectives”.   And if you’ve got a good job, hold onto it if you can.

    Written by Karen Cifala | Discussion: No Comments »

    Tis The Season to Be Giving


    During these seemingly difficult times (ok- even the press is calling it a “recession” now) it really makes my heart shine when I continue to read in the Boulder Colorado Daily Camera newspaper about people digging deeper into their pockets making sure that their neighbors have enough to eat.  This year the Community Food Share’s “Let’s Bag Hunger” food drive has so far exceeded it’s goal to collect food and money by 20%. The scary part is that the 20% is also a mirror of the increase in demand . I am proud to say that Boulder’s Non-Profit Community is one of the best I’ve ever seen and one which Boulderites pride themselves. Continue reading to see a sample list of non-profits in Boulder Colorado and think about getting involved in one of Boulder’s unique non-profits or maybe one in your community.

    This is just a smattering of volunteer non profits in the Boulder County Community. If you want more information about working as a volunteer and are looking for that special interest of your heart, please visit The Volunteer Connection. Established in 1969 in Boulder Colorado, this organization was one of the first volunteer information and referral centers in the nation.

    Please email us if you would like The Troia Team to highlight your non-profit organization on our website and in our blogs during this holiday season and throughout the new year. As a Real Estate Team, we are involved in the community and want to be involved with you! Have a wonderful and safe Holiday Season.

    Written by Karen Cifala | Discussion: 1 Comment »

    Water, Colorado’s Liquid Gold


    Where do we get our water?  Yes, you turn on the kitchen tap and viola, there’s water.  Seriously where does our precious water originate.  Most of Colorado’s water is largely dependent on Colorado’s winter weather, from the mountain snow-melt.  Once the snow melts it either streams east toward the Atlantic or West towards the Pacific oceans.   Some water is diverted, some replenishes our aquifers and the rest is captured in our reservoirs.   

    Because most of Colorado’s population is on the east side of the Rockies or Continental Divide, Pacific bound water is transported to the east side reservoirs.  Did you know that 90% of Colorado’s water usage is for agriculture! Pipelines have been established to move water through the Continental Divide moving water from the Western Slope to the Front Range.

    Have you ever heard the expression “First in time, first in right?”  The Arkansas River has long been used as a source of water dating back to the early trappers and traders.  During the Colorado Gold Rush of 1850 water was diverted, taken and put to use for hard rock mining and the rules established back then became the basis for the rules used today in Colorado.   When water is scarce or the source of water is over appropriated, the oldest rights get theirs first and others may go without.  The best water rights are those that date back to the 1800’s.

    So, who does water belong to?   It belongs to the Public!  Water is not attached to the land through or upon which it flows.  The administration of water and water rights is done at the state level, Colorado Division of Water Resources, headed by the State Engineer.

    The Colorado River, whose water is it?  Did you know the Colorado River supplies water to seven (7) states, Arizona, Colorado, California, New Mexico, Utah, Wyoming, and Nevada and Mexico serving 25 million people and irrigation water for 4 million acres of land!  If you want to see the water useage in real time, go to USGS of Colorado.  The headwaters of the Colorado River are located in Rocky Mountain National Park in Colorado.   The Colorado River begins high in Rocky Mountain National Park near Grand Lake and about 85 percent of the Colorado River originates as snow or rain in the mountains. 

    Snow atop the Rockies

    Snow atop the Rockies

    I don’t want to drown you, (HA HA) with all this information on water and we haven’t even talked about ditch companies and their roles, ground water or wells.   Wells were never registered in Colorado until 1957.  All wells should be registered and the cost to do so is $100.  Properties with wells should have a well permit and ownership must be transferred when the property is sold. 

    Did you know, without a water right, flowing water of any kind must be allowed to flow without interference including rain off of a roof!  Stay tuned for more exciting information on Colorado’s prescious water.  Next time you take a drink , think about where your glass of water is really coming from!

    Written by Ro Troia | Discussion: No Comments »

    RATES INCREASE SLIGHTLY ON TREASURY DEBT AUCTIONS


     

    Today’s Market Commentary:

    Interest rates increased slightly this past week as the US Treasury auctioned off $55 billion of debt. Economic data continued to be negative. Weekly jobless claims jumped by 32,000 claims on expectations that claims would actually fall by 2,000. Continuing claims increased to 3.9 million from 3.84 million the previous week. October Retail Sales fell by 2.8% on expectations that sales would fall by 1.2%. Excluding auto sales, Retail Sales fell by 2.2% on expectations that sales would fall by 0.9%. Fannie Mae and Freddie Mac reported third quarter losses of $29 billion and $25.3 billion respectively. Markets increasingly expect the Fed to cut short term interest rates by 50 basis points again at their FOMC meeting December 16.

    The Dow Jones Industrial Average is currently at 8,503, down about 440 points on the week. Crude oil futures are currently trading at just over $56 per barrel, down almost $5 per barrel on the week. China announced a $586 billion stimulus package to keep their economy growing.

    Next week look toward Monday’s Industrial Production, Tuesday’s Producer Price Index (PPI), and Wednesday’s Consumer Price Index (CPI) and Housing Starts as potential market moving events.

    Written by Brody Stinson | Discussion: No Comments »

    Boots and Fur (faux of course, it’s Boulder)


    You know it’s winter in Boulder Colorado when the bike racks come off the cars and the ski racks go on AND the fashion changes for the women to “boots with fur” around the top!   I think it was my son in law that coined that phrase about Boulder Colorado because it was the first thing he noticed on his very first visit as we went strolling down Pearl Street Mall.  Everyone was wearing them!  More Boots with Fur….I think he might have been noticing the girls to..do ya think?   Pearl Street Mall happens to be within walking distance of the University of Colorado so the mall is abuzz with young inventive fashion designers. Winter in Boulder, ahhhh…it’ a little like the thought of warm bread and a great bowl of homemade soup in front of a fire and a cold local brewsky.   All the ski rental places have geared up on their inventory with anticipation of the additional airfare charges to carry your skis, and all the 5th graders now have their annual free ski passes that are provided for every 5th grader in the state of Colorado by the Colorado Ski Country USA. Check out the Gold Pass ski pass for adults - transferable to 21 great Colorado ski resorts - employers love them!

    Eldora Ski Resort is the closest place to Boulder for downhill and cross country ski.  It’s located just 45 minutes up Boulder Canyon (take Canyon Blvd. west up into the canyon past Nederland).  As you travel south out of Boulder on CO 93 you pick up I-70 west for a day ski trip to Loveland Ski AreaAraphoe Basin (commonly known as A-Basin), Keystone, Breckenridge, and Copper Mountain.  If you are feeling adventuresome you can travel a bit further and hit Vail and Beaver Creek Ski Resorts.  You can buy an annual ski pass that allows you to ski 21 of the Colorado Ski Resorts and also one that allows you to ski the Vail Resorts only.

    Locally here in Boulder a club of Nordic Skiers are getting ready to create their ski track in the North Boulder Park which is about a mile northwest of downtown, west of Broadway in the Newlands neighborhood.  It’s free to use for anyone.  If you’re not an avid cross country skier but just want the exercise this is a great place to get outdoors and pump up your heart!

    Skating is also a popular sport in the wintertime here in Boulder Colorado at the downtown skate rink that is created each year on 14th between Canyon and Walnut).  Also the towns of Louisville and Lyons have skating parks which are only 15 minutes outside of Boulder.

    The Lights on Pearl Street are a hallmark of the downtown shopping area during the dark days of winter and the Parade of Lights marks the official winter season in all it’s glory!

    For all you birders out there who want to participate in the Winder Bird Count,  check out the Boulder County Audubon Society for what their winter schedules are.

    Speaking of nature….I live in the Wonderland Hills neighborhood and we have the most beautiful foxes here.  I heard that this area used to be a fox farm where they would raise the foxes for their pelts. I also hear that when the fox farm disbanded they let all the foxes go free.  We call them our “pet foxes”.  We watch all the new babies pups grow up, they mind their manners by using the sidewalks and look both ways before crossing the street (most of the time).  The neighborhood kids put up “SLOW DOWN” signs so we don’t run over any of our pet animals.  We have an 8 pointed buck mule deer that has quite a herum of females and babies too that wander from street to street.  Check out the Boulder Nature Club if you’re looking to get involved with nature’s side of Boulder.  And don’t forget we have tons of prairie dogs here too.  I told my friends back east that they make hotdogs out of prairie dogs..(as a joke of course, but my mother believed it!

    My very favorite thing to do in the winter time in Boulder is enjoy the hiking trails. Park at Chautauqua off of 9th St and head up into the foothills. You will be memorized by the beauty. The sky is always so blue after a snow storm and the contrast in colors are amazing!

    You’ll be glad to hear that getting around town in “all the snow” really isn’t a problem at all.  Boulder County does receive an average of 150 or so inches a year of snow, but for the most part, the snow melts as soon as the sun hits the roads (at least here in Boulder).   And if it doesn’t your all season radials or snow tires will get you around town just fine.  As a matter of fact, we haven’t even had our first snow fall of the season yet which is unusual.  Oh… and for those of you wondering about what to do with “all that snow”, unless it’s a foot deep, you don’t shovel here, you sweep the snow because it’s so light and fluffy most of the time !  And if you really want adventure some winter evening, try taking the RTD (the local bus which runs until midnight) downtown on a snowy night and walk the mall, stop in a few of the brew pubs, eat a nice dinner at one of the great Boulder restaurants and for goodness sakes…DON’T FORGET YOUR FUR BOOTS!

    Written by Karen Cifala | Discussion: No Comments »

    Looking to buy a house in Boulder Colorado…but need a job first?


    Who are the biggest employers in the Boulder area? I get asked this question a lot from people that are thinking about moving to Boulder Colorado.  Everybody wants to live in this beautiful place and who wouldn’t with 300 days of sunshine and some of the best educational institutes around the nation right here in our backyard.  Colorado University is by far one of the largest employers; founded in 1876, CU is a tier 1 research institute that received more than $266 million dollars in sponsored research awards in 2007.  It sits on 600 acres right in the heart of Boulder Colorado, which by the way, was named America’s Smartest City by Forbes magazine in 2008. 

    Naropa University also in the heart of Boulder, Naropa is a private liberal arts university founded in 1974 by a Tibetan Buddhist teacher Chogyam Trungpa.  Although it no longer has formal religious affiliation, it does describe itself as “buddhist-inspired contemplative education”.

    Boulder seems to really inspire a culture of entrepreneurship and the range of specialized smaller businesses are infinitesimal - lots of stores and businesses related to sports or staying healthy!

    Hey, here’s a good one -Boulder County Business Report announced in Feb 2008 that ConocoPhillips Co’s plan to open a Global Technology and Corp. learning center in Louisville and local economic developers say that it will put Colorado and Boulder Valley on the map as a leader in energy reform.

    Another interesting place to work in Boulder would be the NCAR Mesa Lab operated byUCAR - University Corporation for Atmospheric Research , NCAR’s Mesa Lab in south Boulder off of Table Mesa receives substantial funding from NSF (National Science Foundation) and the NCAR building is a well known site in South Boulder.

    NIST, National Institute Standards and Technology, was founded in 1901 to promote US innovation and industrial competitiveness in ways that enhance economic security and improve our quality of life with two location, one in Boulder, Colorado and the other in Gaithersburg MD.

    Another company you might have heard of is Celestial Seasonings, also located in Boulder.  Although not a huge employer it’s a well know national company right here in Boulder.  They make herbal and specialty teas, supplements and nutraceuticals.

    Now for the BIG Guns…..Check out the top 11 Largest Employers in the Boulder area:

    1.  IBM Corp - 6300 Diagonal Highway  - aprox 4200 employees - selling computer software, hardware & services

    2.  Sun Microsystems Inc. - 500 Eldorado Blvd. Broomfield, CO - aprox 3800 employees - selling computer software, hardware and services; network computer systems

    3.  Ball Corp. - 10 Longs Peak Dr, Broomfield - aprox 3000 employees - manufactures mtal and plastic packaging materials for the food and everage industry

    4.  Boulder Community Hospital - 1100 Balsam Street, Boulder - employs aprox 2300 employees, specializes in cardiology oncology, orthopedics, obstetrics, neurology and rehabilitation

    5.  Level 3 Communications, Inc. - 1025 Eldorado Blvd., Broomfield - employs aprox 3000 employees - they sell communications services to the world’s top 300 bandwidth customers on 23,000 mile fiber optic network in Europe and N. America

    6.  Seagate Technology LLC - 398 Disc Drive in Longmont - aprox 1300 employees, disk drives, magnetic disks and read-write heads

    7.  Valleylab, 5920 Longbow Dr. in Boulder - generators and instruments used in electrosurgery, vessel sealing and other treatments, employ aprox 1300 people.

    8.  Safeway - a retail grocer, employs aprox 1250 people in and around the Boulder area

    9.  Longmont United Hospital, 1950 W. Mountain View Ave, employs aprox 1250 people and specialize in Level III trauma services, Level II nursery, 15-beg transitional care unit, open-heart surgery and neurosurigical services.

    10. Exempla Good Samaritan Medical Center, in Lafayette employ aprox 1150 people and specialize in cardiovascular care, level II neonatal care, emergency and trauma services, KidsTrek, orthopedics, general surgery, occupational medicine, OB/GYN, neurosurgery, pediatrics, lab and radiology, level III trauma, accredited chest pain center

    11.  Amgen Inc., located at 4000 Nelson Rd in Longmont, employs around 1000 people and specialize in the manufacturing of biologics.  At this Longmont location they make buld ingredients for Epogen and Aranesp for anemia; these drugs account for half of the company sales.

    I hope this helps to give you an idea of how versitile the employment is in the Boulder Colorado area and I wish you much luck in finding your next job here.   Don’t forget to call me when you get here for a personal tour and to buy your next house!!

    Written by Karen Cifala | Discussion: 1 Comment »

    Stay Fit in Boulder, Colorado


    Cyclists North of Boulder

    Cyclists North of Boulder

    Boulder, Colorado is consistently rated as one of the most physically fit cities in the United States and it’s no wonder. Boulder is a complete fitness and health mecca. No matter where you live in Boulder, there is a gym, health club, and/or recreation center within walking distance.   You also can’t forget that Boulder has some of the most healthy and amazing options for dining out that I have seen in any other city I have visited in the world.(DINING BLOG SOON TO COME)

    Professional athletes from all over the world, flock to Boulder to take advantage of the “high altitude” training and it’s fitness friendly environment.  With hundreds of miles of hiking and running trails, some of the most famous rock climbing in the world, and about a dozen ski resorts

    Last Day at Arapahoe Basin

    Last Day at Arapahoe Basin

     within 4 hours drive from Boulder, there is never a shortage of physical activities to do.  It is not rare for someone to run, swim laps, go to martial arts, and then do a yoga class all in the same day.  I even know people who only workout.  That’s it.  No job, no need to do anything, so they just jump around town all day, finding different ways to tone their bodies.  On Saturdays around town, you will see coffee shops lined with road bicycles and hundreds of cyclists cruising around in their helmets and bike shorts, clicking by with their goofy cycling shoes, thinking they own the town.  And you know what, a handful of them probably do own the town.  They are many of Boulder most “elite” and they have no qualms about letting you know it. 

      I have a friend who moved to Boulder from the east coast and says that since he moved here 8 months ago, he has lost 15 pounds.  He recently went back home and noticed just how unfit everyone was back home.  There are no good restaurants.  Mostly the usual chains.  Nobody is into exercising or even considers what they are putting into their systems when they eat drive-thru fast food three meals a day.  He said when he came back to Boulder he felt an immediate sense of guilt for having been such a bum back home and then went straight back to the gym.  He said when he got back to Boulder and saw all of the people out hiking and running and riding their bikes, he felt he had to keep up.  He is a single man and wants to meet some nice members of the opposite sex, but says that he feels he has to work out to stay up with the rest of the town.  Some people might consider this to be a bad thing, but I think it’s great that a whole city can be motivation to get off the couch and do something physical.  Not only will you look better, but you will feel better and have the opportunity to live a longer more fulfilling life and will hopefully take less trips to the doctors office.

         For those of you wanting to get in shape, but are having trouble motivating, all you need to do is move to Boulder.  With the beautiful mountains and almost everyday being a sunny one, there is no excuse not to get out there and take full advantage of everything Colorado has to offer.  I hope to bump into you on Mt. Sanitas Trail someday.

    Written by Brody Stinson | Discussion: No Comments »

    Anthem Highlands Offers Unbeatable Amenities


    Broomfield, Colorado is the home of Anthem Highlands development.  Here you will find new homes, all styles, ranch, two story, stucco, frame and stone.  

     The oldest homes are only 2 years old!  Prices start from the low $400’s and up, the mountain views will take your breath away, there’s green space, parks and the most fantastic Recreation center for the development that I have ever seen.

    The dedicated recreation center is a full service facility with tremendous work out equipment, a room for spinning classes, basketball courts, 2 outdoor swimming pools, one is for children with all kinds of water equipment and a slide.   The recreation center also has meeting rooms, a room that can be used for parties with a large stone fireplace, plasma tv and so much more. 

    Party room

    Party room

    Indoor basketball

    Indoor basketball

    Outdoor pools

    Outdoor pools

    Anthem Highlands is located directly off Highway 7 and Lowell 2 miles west of I-25 and 13 miles east of Boulder, Colorado.   The Good Samaritan Hospital is only a few miles to the west in Lafayette, Co.  At the I-25 intersection and Highway 7 is a mega shopping center,called LarkRidge Mall, with a Sears Grand, Home Depot, Circuit City, Costco and Daveco Liquors and much more!

    Across Highway 7 to the north is a fabulous 18 hole premier golf course 7676 yards, Vista Ridge, designed by Jay Morrish.  The course with a par 72 layout on a mixture of rye and bent grass is one of Colorado’s best golf clubs.  Its backdrops include snow capped mountains, rolling terrain, and breath taking views from the course and clubhouse. There are 5 sets of tee boxes which offers playability for all golfers. There is a killer 696 yard par 5, which is my least favorite hole, but a drivable par 4, are some of the highlights to this premier course.  I frequently play this course and it does offer many challenges, it’s a long course, but it keeps me coming back.

    Visit Anthem Highlands in Broomfield, you won’t be disappointed.  The home shown in this blog is currently listed for sale, 3294 Discovery Ct, MLS #582037 or #708218, built in 2006 with 4 bedrooms and 3 baths and upgrades galore.   Click on the address to see more photos.

    Written by Ro Troia | Discussion: No Comments »

    Colorado’s Largest Pumpkin Patch


    Just in time for Halloween, right here in Broomfield Colorado, I stumbled upon the largest pumpkin patch I have ever seen!  You drive in and drive through miles of pumpkin fields, park your car and walk through the fields searching for the perfect pumpkin.  Yup, you pick em!  Located at the intersection of Highway 287 and Dillon Road, it has easy access from any direction.

    YouTube Preview Image

    Written by Ro Troia | Discussion: No Comments »

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