October 2024 - Hanover Mortgages

Apache is functioning normally

October 30, 2024 by Brett Tams

If you’ve been saving money in a certificate of deposit (CD), great job! CDs can be a safe and smart way to see your money grow, especially when interest rates are high. But CDs don’t lock your money away forever—and that’s a good thing. When your CD reaches its maturity date, you’ll need to decide what to do next with the money you’ve invested.

Do CDs automatically renew? In many cases, yes. However, you generally have to choose one of three options when CDs mature. You can:

Renew the full amount of the CD for the same term.
Renew the CD but change the amount of money invested and/or its term length.
Close the CD and withdraw the money.

Considerations before and at CD maturity

Your money goals

What are you saving for? Is it a short-term goal, like a vacation or a down payment on a car? Or a longer-term goal, like retirement or your child’s college fund? If you need the money sooner rather than later, you might want to renew the CD for a shorter term or close it. If your goal is further in the future, renewing for a longer term could help you earn more interest.

Your timeline for needing access to the funds

CDs are best for money you know you won’t need immediately, since most have early withdrawal penalties. If there’s a chance you’ll need the money before the CD matures, consider a shorter-term CD or a different type of account like a money market.

With Discover® non-individual retirement account (IRA) CDs, you can opt to have your interest paid out monthly to give you some access to funds during the CD’s lifetime.¹ You can also change your interest payment settings at any time.

Tip: Build a CD ladder for more flexibility: If you’re attracted to the higher interest rates CDs offer but prefer being able to access some of your money periodically, a CD ladder strategy might help.

To build a ladder, you split your money among two or more CDs with different maturity dates. For example, you could open 1-year, 2-year, and 3-year CDs at the same time. When each CD matures, you can withdraw the money if it’s needed or renew the CD to continue earning interest. This gives you the option to access some of your money periodically while keeping the rest saved at higher interest rates.

How CDs compare to other savings options

CDs typically offer fixed interest rates—unlike the variable rates offered by most traditional savings, checking, and money market accounts. In exchange for this fixed rate, you agree to leave your money in the CD for the full term.

Savings and money market accounts allow you to withdraw money at any time, but their interest rates are not guaranteed. However, CDs may offer a higher interest rate than these other types of accounts. Consider comparing rates across different types of savings products, and keep in mind that different CD terms may have different rates.

It’s also worth comparing CDs to other investment options like stocks or bonds. With CDs, you know exactly how much interest you’ll earn, and your principal is protected up to Federal Deposit Insurance Corporation (FDIC) limits.

Earn guaranteed returns with a fixed-rate CD

Discover Bank, Member FDIC

Investments like stocks have the potential for higher returns but a greater risk of losing money. Diversification across asset classes is often a smart decision—but the right way to allocate your savings and investments will depend on your risk tolerance and time horizon.

With these considerations in mind, determine what works best for you. Keep in mind that the renewal policies below are specific to Discover non-IRA CDs. Other banks might handle renewals differently, so check your bank’s specific policies.

Option 1: Renew the full amount of the CD for the same term

If you do nothing when your CD matures, Discover will automatically renew it for you after a 9-day grace period. The new CD will have the same term as the old one. So if your CD was for 1 year, the new one will also be for a 1-year term.

The interest rate on the new CD will reflect Discover’s current rate for that term on the day the CD matures. This rate might be higher or lower than the rate you had before. If you want to simply renew the CD for the same amount of money and length of time, you don’t have to actively do anything.

However, if you’d like provide instructions online or via the mobile app, you can do so starting 30 days before the maturity date and your CD will be renewed on the maturity date. Please note that if you contact Discover via phone or through the Secure Message Center to renew your CD for the same amount and term, the agent will simply allow the CD to auto-renew as scheduled.

Remember, the new interest rate is not locked in until the maturity date of the CD you had previously, even if you give instructions before that time. Your new rate will reflect what’s available on the day the CD matures for your selected term.

Option 2: Renew the CD but change the amount of money invested and/or its term length

You can choose to renew your CD but make changes by updating the amount of money you put in and/or the length of the new term. For example, you could add more money to the CD to help it grow faster. Or you could select a different term that offers a higher interest rate.

To update your CD terms, you can provide Discover with instructions starting 30 days before the CD’s maturity date. You also can make changes during a grace period of up to 9 days after the maturity date. If you give instructions before the CD matures, Discover will make the changes on the maturity date, and the CD maturity grace period will no longer apply.

To set renewal instructions for your CD on the Discover mobile app:

Log in and select your CD.
Tap View Account Details at the bottom.
Select Maturity Instructions, then Modify and Renew.
Follow the steps to make changes.

To set your renewal instructions online:

Log in to the Discover banking website and select your CD.
Click Account Settings, then Edit next to Maturity Instructions.
Follow the steps to make changes.

You can also add or receive funds online via an internal transfer (between Discover accounts) or an ACH transfer from a linked external account. If you want to add to or take money from the CD by check or wire transfer, contact Discover by phone or secure message.

Option 3: Close the CD and withdraw the money

When your CD matures, you can choose to close it and withdraw all of the funds.

In order to cash out a CD at maturity, contact Discover by phone or secure message. Tell us that you want to close your CD and specify how you want to withdraw the money. There are several options for how to withdraw money from a CD account. You can transfer it to another eligible Discover deposit account or linked external account. You can also get your money sent to you by check or wire transfer.

Penalty for early CD withdrawal

Can you close a CD early? Technically, yes. But if you close a CD before its maturity date, you’ll probably pay a penalty. So it’s best to wait until the CD matures to close it—unless you really need the money sooner.

Tip: If you close your Discover CD before its maturity date, you may face an early withdrawal penalty. Discover’s CD early withdrawal penalty structure is as follows (see the account agreement for more details)²:

For CDs with terms of less than 1 year: 3 months’ simple interest
For CDs with terms of 1 year to less than 4 years: 6 months’ simple interest
For CDs with terms of 4 years to less than 5 years: 9 months’ simple interest
For CDs with terms of 5 years to less than 7 years: 18 months’ simple interest
For CDs with terms of 7 years to 10 years: 24 months’ simple interest

Why choose Discover for your CDs?

Discover is a great place to open CDs for a few reasons:

We offer a wide range of CD terms to choose from, including IRA CDs. This means you can find a CD that fits your money goals and timeline.
We have competitive interest rates on our CDs. Having a better interest rate helps your money grow faster.
We keep your money safe. Discover CDs are FDIC-insured up to $250,000 per depositor, per deposit ownership category.
There are no fees to open a Discover CD.³

Remember, you worked hard to save this money! Make sure it keeps working hard for you. With a Discover CD, you’ve got a safe place for your money to grow until you need it.

Ready to open a new CD or renew an existing one? Visit Discover’s website or log into your account to get started today.

¹ This interest arrangement is specific to Non-IRA CDs. If the interest payment has already posted to the account, there are no penalties if interest funds are withdrawn.

² Beginning on the 8th day after your CD is opened and funded—and for the next 22 calendar days—we will deduct each day’s simple interest on the issue amount withdrawn from the funding date to the date of withdrawal. Thereafter, the Early Withdrawal Penalty will be calculated as described above. See the account agreement for more details.

³ A penalty may be charged for early withdrawal from a CD.

There is no minimum deposit required to open a Discover CD. You have 45 days after opening the CD to fund the account.

The APY will be determined and fixed for entire IRA CD term once account is opened and correctly completed documentation and funding is received. We will send you written confirmation of the interest rate, APY and maturity date of your IRA CD after it is opened or funded. Applies to personal accounts only. A penalty may be charged for early withdrawal. No minimum deposit required to open an account. The account must be funded within 60 days of account opening. Consult a financial advisor or tax professional for guidance.

Articles may contain information from third parties. The inclusion of such information does not imply an affiliation with the bank or bank sponsorship, endorsement, or verification regarding the third party or information.

The information provided herein is for informational purposes only and is not intended to be construed as professional advice. Nothing contained in this article shall give rise to, or be construed to give rise to, any obligation or liability whatsoever on the part of Discover Bank or its affiliates.

Source: discover.com

Apache is functioning normally

October 30, 2024 by Brett Tams

North Las Vegas is a sweet spot to settle down in Nevada thanks to its suburban convenience and proximity to Las Vegas. Whether you’re drawn to the growing economy or the surrounding scenery, there’s a lot to consider when choosing this city as your home. Let’s dive into 13 of the most prominent pros and cons of living in North Las Vegas to help you decide if it’s the place for you.

North Las Vegas at a glance

1. Pro: Affordable housing options

North Las Vegas offers more affordable housing compared to many other areas in the Las Vegas Valley. With a growing number of new developments, homebuyers and renters can find a range of properties at competitive prices slightly below the national median of $428,096. Apartments in North Las Vegas follow a similar trend and go for $1,222 on average.

2. Con: Limited public transportation

While the affordability is a plus, public transportation options in North Las Vegas are more limited compared to other nearby areas. Most residents rely on cars for daily commuting, which could be an inconvenience for those who prefer public transportation options.

3. Pro: Proximity to Las Vegas

Living in North Las Vegas means you’re just a short drive from friends living in Las Vegas. This proximity allows residents to enjoy the entertainment, dining, and nightlife that make Las Vegas famous without living directly in the hustle and bustle of the city.

4. Con: Desert heat

While not one of the hottest cities in the U.S., the desert climate in North Las Vegas can be tough to adjust to, especially during the summer months when temperatures often exceed 100 degrees. This can lead to higher cooling costs and fewer outdoor activities during the hottest parts of the year.

5. Pro: Expanding job market

The job market in North Las Vegas is growing rapidly, thanks to new industrial parks and companies moving into the area. Employers in logistics, manufacturing, and technology have established a presence, providing more quality job opportunities for locals.

6. Con: Lackluster shopping and dining options

Although North Las Vegas is growing, it still has fewer shopping and dining options compared to nearby Las Vegas and Henderson. Residents often find themselves driving to other parts of the valley to access more diverse retail and restaurant choices.

7. Pro: Surrounded by natural beauty

North Las Vegas is close to stunning natural attractions like the Red Rock Canyon and Valley of Fire. These spots are ideal for hiking, rock climbing, and camping, providing plenty of outdoor activities to enjoy.

8. Con: Traffic congestion

With the city’s growth, North Las Vegas has seen increased traffic, especially during rush hour. Commuters heading to other parts of the Las Vegas Valley may face longer travel times, particularly on major roads like I-15.

9. Pro: Strong community growth

The population in North Las Vegas is steadily growing, which has encouraged a stronger sense of community and a rise in community-centered events. This has contributed to a more family-friendly atmosphere in the area, with more parks and family-focused amenities being developed.

10. Con: Distance from major hospitals

While North Las Vegas has healthcare facilities, it is farther from some of the region’s major hospitals and specialized medical centers. For more complex medical needs, residents may need to travel to central Las Vegas or Henderson.

11. Pro: Educational improvements

North Las Vegas has made strides in improving its educational system, with new schools and investment in existing institutions. This is great news for families moving to the area, especially those looking for more schooling options for their children.

12. Con: Lack of large entertainment venues

If you’re someone who enjoys frequent trips to theaters, art galleries, or museums, North Las Vegas may leave you wanting more. Locals who like large-scale events may need to travel to Las Vegas for a broader range of options.

13. Pro: Family-friendly parks and recreation

North Las Vegas has invested in building family-friendly parks and recreational facilities. Aliante Nature Discovery Park is one popular place with playgrounds, trails, and a lake, perfect for a full day of family fun.

A native of the northern suburbs of Chicago, Carson made his way to the South to attend Wofford College where he received his BA in English. After working as a copywriter for a couple of boutique marketing agencies in South Carolina, he made the move to Atlanta and quickly joined the Rent. team as a content marketing coordinator. When he’s off the clock, you can find Carson reading in a park, hunting down a great cup of coffee or hanging out with his dogs.

Source: rent.com

Apache is functioning normally

October 29, 2024 by Brett Tams

There’s a lot to consider when blending your life with your partner. Whether you’re moving in together or officially tying the knot, some of the most important decisions are around how—or if—to combine your finances.

One important topic: Should you open a joint savings account?

A joint savings account can be a great way to work together on your financial goals—but there’s a lot to know before making the leap. Read on to learn more about opening a joint savings account with your partner.

What is a joint bank account?

A joint bank account is shared by two or more individuals. It can be a joint savings account or a joint checking account.

Joint accounts function just like typical bank accounts. The primary difference is that both account holders (you and your partner) have full access to the account and have equal ownership of the funds.

If you’re considering a joint account, you might first want to learn more about what to consider before combining finances with your partner.

How does a joint savings account work?

With a shared savings account, both account holders have equal power over the account. That means you and your partner can both deposit and withdraw funds. And you’ll both be able to see all account activity.

With a joint account, there is no difference between the funds you or your partner contribute—they all go into one shared pool of funds. Both account holders can withdraw or spend from the pool, even if they weren’t the contributor.

Pros and cons of a joint savings account for couples

As with all financial decisions, there are potential pros and cons you’ll want to consider. One major advantage of joint accounts is that they may actually strengthen your relationship, according to a recent study, “Common Cents: Bank Account Structure and Couples’ Relationship Dynamics,” by Jenny Olson, Ph.D., an assistant professor of marketing at Indiana University.

“Couples with joint accounts were significantly better off than couples with separate accounts,” says Olson. “While relationship quality tends to decline over time, on average, we found that couples randomly assigned to merge their finances were buffered against that decline.”

Call it a sunny day fund—online savings with no monthly fees

Discover Bank, Member FDIC

Benefits of a joint bank account

“A joint bank account is associated with greater financial goal alignment,” says Olson. “It promotes a more communal view of your marriage. You’re accessing the same pool of shared resources, so you need to work together when managing those resources. You tend to be more on the same page.”

Here are just a few other notable advantages of a joint account:

Convenience: One of the biggest perks of a joint account is having a shared pool of assets, which can streamline how you save and spend as a couple—no more worrying about paying each other back or keeping track of who contributes what.
Openness: With a shared account, you and your partner have a new window into the other’s financial situation and decision making. This transparency can help promote honest and open conversations about finances. “It facilitates communication and transparency, two benefits we know are good for marriage,” says Olson.
Helps you work on shared goals: A critical part of a relationship is sharing common goals, whether that’s traveling the world or saving for a house. No matter your objectives, a joint account can help you align your short- and long-term financial goals.
More savings: A shared account can help increase your saving power by combining your assets. And if you have an interest-bearing joint account, you can take advantage of the power of compound interest and earn even more over time, thanks to a typically higher balance.

Potential disadvantages of a joint bank account

While there are plenty of good reasons for opening a joint savings account, there are also potential pitfalls you’ll need to understand and consider:

Possibly too much transparency: When you open a joint savings account, you’ll sacrifice a level of financial privacy that you would have had with a solo savings account.
All contributions are subject to creditors: If your partner is having financial troubles, your contributions to the shared account could be used by creditors to pay off any debts.
A breakup could be even more messy: Ending a relationship can be complicated, but intertwined finances can make things even more messy. Remember that if you split, your partner might be entitled to their share of the balance in your joint account.
Money may be harder to track: Keeping track of the exact amount of money going in or out of a joint account can be tricky if more than one person is making transactions. Therefore, effective communication is vital to keep accurate tabs on your balance and to avoid issues with spending and tracking expenses.

Considering all the factors before pooling your assets into a joint savings account is essential. You need to assess and understand your and your partner’s financial situations, your shared goals, and the state of your relationship.

“We’re not saying a joint bank account is the only option or best option for all couples,” says Olson. “There are important nuances. There are going to be some situations where choosing an account structure warrants a conversation. Take a step back and talk to your partner about what will be best for you and your unique financial circumstances.”

Still weighing your options? Learn more about the pros and cons of opening a joint account.

FAQs about joint savings accounts for couples

Question: Are joint savings accounts insured by the Federal Deposit Insurance Corporation (FDIC)?

Answer: Yes, joint savings accounts are FDIC-insured bank accounts, if the bank is FDIC-insured. Each account holder is insured up to $250,000 per depositor, per account ownership category, which means you and your partner will be insured for a total of $500,000 per account category, assuming you maintain joint ownership of the account. (If a couple has joint ownership of, for example, a money market account and a CD at the same institution, each deposit type may be insured up to $500,000, per the FDIC, for total coverage of $1,000,000.)

Question: Can you open a joint savings account if you’re not married?

Answer: Yes, you can open a joint savings account regardless of your legal marital status. However, taxes on a joint account can get complicated for unmarried couples. Married couples can file together, but unmarried partners will need to file separately and might need to consult with a professional come tax time.

Question: Are joint savings accounts a good idea?

Answer: There’s no simple answer, but joint bank accounts have significant benefits. Check out the section below or speak with a financial advisor, if appropriate, to help determine whether a joint account is appropriate for your situation.

Question: Who owns the money in a joint account?

Answer: In most situations, all of the money in a shared account belongs to all account holders equally. In other words, if you have a joint savings account with your partner, you both own all its funds, regardless of your individual contributions.

Question: What happens to a joint account if one account holder dies?

Answer: Typically, the surviving account holder becomes the sole owner of all the funds in a joint account. This is called automatic rights of survivorship. Per the FDIC, the account holder will continue receiving FDIC coverage for joint ownership up to $500,000 until six months after the death, providing time to distribute the funds to other insured accounts as needed. After the six-month period, the surviving account holder will only be insured up to $250,000 for that account.

Ready to get started? Learn more about how to open an online savings account.

Is a joint savings account right for you?

When it comes to financial decisions, nothing is one size fits all. So how do you decide whether a joint bank account is the right move for you and your partner? Here are some signs a shared savings account may benefit both of you.

You live together and want to put money away for household expenses, like rent payments or home repairs.
You are saving for shared goals, like retirement, travel, or a child’s college fund.
You communicate openly and honestly about your spending and saving habits.
You understand each other’s financial background, and neither of you has unaddressed debts or other issues that might negatively affect a shared account.
You already have a joint checking account and are looking for more ways to organize your financial life.

How to open a joint savings account

The process of opening a joint savings account for couples is similar to opening a savings account on your own.

If you are opening a new account, you can either visit a branch or apply online. You and your partner will need to complete an application that includes personal information for both account owners.

If you want to add a co-owner to an existing account, you can fill out a joint owner authorization form and submit it by mail, fax, or through your online account.

Are you and your partner ready to start using a joint savings account? The Discover® Online Savings Account might be your perfect match, with a high annual percentage yield and no monthly fees or minimum deposit.

Articles may contain information from third parties. The inclusion of such information does not imply an affiliation with the bank or bank sponsorship, endorsement, or verification regarding the third party or information.

This article is for informational purposes only and is not intended as a substitute for professional advice. For specific advice about your unique circumstances, you may wish to consult a qualified professional, at your expense.

Source: discover.com

Apache is functioning normally

October 29, 2024 by Brett Tams

With the Alaskan Airlines acquisition of Hawaiian airlines there has been some uncertainty on what will happen to the Hawaiian Airline credit cards. VFTW got the opportunity to talk to Alaska’s Vice President of Loyalty, Alliances, and Sales Brett Catlin about the plan for these cards and it’s as follows:

They will keep the two separate card issuers (Barclays for Hawaiian and Bank of America for Alaska Airlines) until the two programs merge into a single loyalty program. This is intended to happen pretty quickly
Bank of America will purchase the back book from Barclays and those cardholders will transition over to the Bank of America Alaska card. There is “no immediacy for that to transition” and it will “happen over a period of time.”
Rumor of a Premium Alaska Airlines card in the future

Separately Bank of Hawaii also has a Hawaiian airlines card that is issued and managed by Barclays, this card is only available to residents of Hawaii. It’s unclear what will happen with that arrangement as Bank of America do not operate any branches in Hawaii.

Source: doctorofcredit.com

Apache is functioning normally

October 29, 2024 by Brett Tams

Renting does not contribute to your wealth in the same way that owning a home can. Although you avoid property maintenance and other homeowner-related expenses, rental payments do not offer any potential for financial return, and you don’t benefit from market appreciation like homeowners do.

Making the Decision: Ownership or Renting?

The choice between renting and owning ultimately depends on your unique goals, financial situation, and lifestyle. Homeownership can be incredibly rewarding if you’re looking for stability, a long-term investment, and a place to call your own. On the other hand, if you prioritize flexibility, lower upfront costs, and a more temporary housing option, renting might suit your lifestyle better.

Whether you choose to buy or rent, knowing the benefits of each option can empower you to make an informed decision that aligns with your financial health and personal aspirations.
Are you looking to enter the real estate market this fall? Give us a call today! One of the experienced agents at Zoocasa will be more than happy to help you through the exciting home-buying process!

Looking for your dream home?

Contact us today to talk to a Realtor in your area

Source: zoocasa.com

Apache is functioning normally

October 29, 2024 by Brett Tams

If you pay your credit card balance in full each month, then your card’s ongoing interest rate (aka its annual percentage rate, or APR) is irrelevant, since you’ll never owe any interest.

But if you tend to carry a balance from month to month, knowing where your interest rate stands is key to saving money, especially if you’re revolving several balances.

Credit card APRs can change periodically based on a variety of factors, such as the general state of the economy and your own creditworthiness, so it’s not always easy to keep up with. (A credit card issuer has the right to change a card’s interest rate on future purchases, but it must generally notify you 45 days in advance.)

But here’s why it’s helpful to be aware of the figure and how to use it to your advantage.

You can use it to recognize better options

Understanding your credit card’s interest rate can help you in spotting better ones. Locate your credit card’s APR on the card’s statement or by logging into the account online or in the app.

For context, the average interest rate for credit card accounts assessed interest charges as of August 2024 was 23.37%, according to data from the Federal Reserve. That kind of interest can get costly in a hurry, although rates will vary widely depending on the type of card.

Rewards credit cards and store credit cards, for instance, tend to have higher interest rates, so they’re ideal only for those who can pay off the balance in full every month, ensuring that interest charges don’t eat into the value of any rewards or perks the card offers.

If your interest rate is significantly higher than average, or simply too high for your liking, you may have a few options, depending on your credit:

Consolidate debt

Consolidation options, such as a balance transfer credit card or a personal loan, can bring down the cost of your debt. The ideal offer for a balance transfer credit card is a 0% intro APR promotion for a lengthy window of time, giving you breathing room to chip away at the debt without incurring interest charges. It’s important to factor in the cost of any balance transfer fee to determine if it will save money compared to the interest charges you’re expected to pay over time. If you have debt across several credit cards, a personal loan can consolidate balances into a single lower-interest fixed payment.

These kinds of options will typically require good credit (typically FICO scores of 690 or higher) to get the most affordable rates. Another option for those with less-than-ideal credit is to see whether you qualify for a debt management plan at a nonprofit credit counseling agency. These plans consolidate eligible debts into a single fixed payment at a lower rate, usually regardless of your credit scores.

“In our latest analysis, the interest rates have gone from an average of 28% down to 7.3%, so that can actually give people the opportunity to handle that,” says Andy Manthei, a former financial counselor and currently a change cultivator through new partnerships and advocacy for marginalized communities at GreenPath, a nonprofit credit counseling agency.

Regardless of which option you choose, avoid adding new purchases to your credit card while you’re paying down debt. Switch to a payment method like cash or debit to make more progress toward your goals.

Negotiate a lower APR

Debt consolidation will save more money on hefty balances that require a long term to pay down. For lower short-term balances that can be paid off relatively quickly, though, consider calling your credit card issuer to see whether negotiating a lower interest rate is possible.

It can help to have an account that is in good standing, and you may have to talk to several people before making progress, but it may be worth it if saves you money. Also consider this option if your credit scores have increased since you last received the card, Manthei says.

Alternately, if a financial hardship might get in the way of making payments, ask your issuer whether it offers a hardship plan. This option could lower your interest rate for a short window, depending on the terms the issuer offers. The types of hardships that might qualify include circumstances beyond your control: a pay cut, unemployment, a serious illness, a family emergency or a natural disaster, among others.

Switch to a card with a lower APR

Once you’ve paid down existing debt, contemplate whether you want to return to spending with credit cards at all. The key is knowing yourself and whether you can manage cards differently the next time around. If you know you’re still likely to carry a balance over time — even though it’s not ideal — explore low-interest credit cards that can prevent your bill from becoming too expensive.

Some credit card issuers offer pre-qualification options that not only help you determine your odds of approval, but in some cases may even show you your “offer” — including your APR and/or credit limit — before you officially apply, meaning there won’t be any impact on your credit scores unless you decide to accept.

“You could even look at local credit unions or banks … and see what is their range of rates,” Manthei says.

Credit unions require a membership to join based on different criteria like where you live or work, but joining one could be worth the extra steps. Federal law caps the interest rates on most loans and credit cards at federally chartered credit unions. As of this writing, interest rates on those products don’t exceed 18%.

Source: nerdwallet.com

Apache is functioning normally

October 29, 2024 by Brett Tams

We don’t often head into the heart of the Rockies, but this week, we’re making an exception for something truly special — a striking modern retreat in Boulder, Colorado, that just hit the market with a $15 million price tag.

And if it sells anywhere near its asking price, the Boulder house will set a new local record. Again!

With a prime location at 1505 Sunset Boulevard, the property is currently the most expensive home for sale in the foothills of the Flatirons, and will likely become the highest recorded sale in Boulder once sold — dethroning a record set by this very house when it last sold in June 2021 for $13,200,000.

Past media coverage says another neighboring property (set just a few doors down at 1489 Sunset Blvd.) is the record-holder, after selling in January 2023 for a hefty $13 million. But a quick look at 1505 Sunset Boulevard’s public records show a previous sale that tops it, at $13.2 million.

Regardless, the sleek home is now back on the market and likely to set a new record in the process. Marybeth Emerson of The Agency Boulder holds the listing.

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