Neighborhood Videos, Market Updates, and New Listings [Update]
What’s New?
- At House Einstein, we’ve had a strong launch into the spring real estate season, but overall the market continues to struggle. Year over year, sales volume was down 11.1% for single family detached houses in Boulder County last month and down 17.1% for attached townhomes and condos. In Denver, detached single family house sales were down 22.5%. Townhomes and condos were down 36.3%. In Summit County, sales volume for single family houses was down 24.2%. Townhomes and condos were down 13.3%.
- Statistically, the market is seeing a slow down. On the ground buyers are still challenged to find attractive homes at every price point. This results in sporadic bidding wars for very attractive properties while others can sit on the market for months without an offer. This is why it’s so critical to see property first-hand. There’s no short-cut to deep market knowledge.
- Our latest listing at 3118 Galileo Lane featured both a listing video and a neighborhood video for Noble Park. This property is now under contract. We’ve now produced videos for many of Boulder’s neighborhoods, forming a neighborhood guide series on YouTube. Typically videography of this quality is only found for the very high-end of the market. I’m now including optional videography for every one of my listings, irrespective of price point.
- While I’m on the subject of exciting content, be sure to check out Sophie Kloor’s new video on Denver’s City Park and surrounding neighborhoods, and Ian Steinmo’s 1Q Market Update. Our goal is to educate buyers and sellers about neighborhoods, market conditions, and due diligence.
- We’ve relaunched the House Einstein Podcast in a simpler format. It’s now focused on real estate topics instead of community businesses. You can find it on Google Podcasts, Apple Podcasts, and many other platforms. We’ll also publish the video from the podcast on YouTube.
- On a personal note, my wife and I took a week off in March for Spring Break. We explored parts of New Mexico including Taos, Santa Fe, and Truth or Consequences. Along the way, we caught up with old friends, soaked in hot springs, swam in reservoirs, and did some desert hiking. Thanks to the wonders of Starlink, lithium batteries, and a portable solar array, I also worked during this trip. It allowed me to write offers and handle negotiations. Photos on Insta.
- This newsletter is time intensive to write, compared with other forms of content. As a strategy, going forward I’ll simplify and shorten this newsletter during busy periods. With two closings and two new listings in the production schedule for this week, this will likely be a shorter edition.
Osman Parvez is the Founder and Employing Broker of House Einstein. Originally from the Finger Lakes region of New York, he lives in Boulder with his wife and their Labrador Retriever. He has been a Realtor since 2005.
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. For more information, click HERE.
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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. House Einstein strongly recommends 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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House Einstein
Thinking about buying or selling and want professional advice?
Call us at 303.746.6896
Your referrals are deeply appreciated.