Real Estate Links for the Boulder Region
by Osman Parvez
Vail Dollar Volume exceeds $2.0BN. While I was working on Nantucket, I thought $1.0BN was a high water mark! It’s expected to exceed $1.3BN this year, and the wave of wealthy Baby Boomers seeking luxury second homes is expected to continue.
Intelligent office space? File this under trends to watch. Factors driving the trend of living closer to downtown
(re-urbanization): More workers are choosing flexible work, keeping offices at home, with easy telecommuting. Thus, the value of neighborhoods where you can walk to the grocery, park, playground, shopping, and cafes will continue to increase. The Realty Unique team keeps a home office and is conveniently only a short walk from Base-Mar plaza and a 15 minute bike ride from downtown Boulder.
FasTracks & Transit Village Update! It looks like the rail maintenance facility won’t be in Boulder after all. Phew! Yes, additional jobs would have been great for Boulder’s economy. But having another large industrial facility (eyesore) in town was not such a bright idea. We featured an article on FasTracks and Transit Village in our most recent Realty Unique Report. For a copy, please contact us.
Former Senator Tom Daschle is hosting the upcoming Construction Lending Seminar in Avon. Clearly the most interesting topic will be whether growth is expected to continue and what builders will do in a downturn. As we’ve noted previously, we believe in the event that downturn Colorado will not suffer as badly and recover more quickly than the overheated metro markets of the East and West coasts. We issued a piece on the bubble in our first report. For a complimentary copy, please contact us and we’ll send you a link to download.
Real Estate Briefs from the Denver Post. A new community center on the south shore of Aurora Reservoir, a new upscale development in Golden by KB Homes, plus the latest mortgage rates.
We already updated you on the (slight) decline in mortgage rates. Here’s a nice graphic showing average mortgage rates for Denver, Arapahoe, and Adams Counties for last Wednesday and the previous 52 weeks.
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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
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Testimonials
Osman was a refreshingly honest realtor. He stressed through the entire process that his goal was to make me happy with my home purchase. I greatly appreciated the fact that he never shied away from pointing out the negatives as well as the pluses of different places while leaving the final decision up to me.
We can highly recommend Sophie. Her attention to detail and communication skills are great. Our home was in area that most realtors are not familiar with, but Sophie took extra time to get to know the neighborhood in order to give us quality service. She also brought in a professional photographer to make our home look its best. Even though the listing was in winter, the house sold quickly. With Sophie’s business and people skills, we have no doubt she will be a top realtor in the area.
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More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.
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