BOULDER NOTABLE SALE: 523 Arkansas Mountain Rd
BOULDER NOTABLE SALE: 523 Arkansas Mountain Rd | $1.33M We covered the top level overview of this sale in podcast #56. Let’s dive in a little deeper to help sellers understand the risks they face in this market. THE DEAL September 2022: Listed with agent #1 at $1.95M. A nearby home on the same road, about the same size with similar views sold for $2.13M earlier in the year. Likely the seller (and agent #1) were eyeing that sale price and thought it was a good comp. It wasn’t. Not even close. 906 Arkansas is several decades newer, better designed, and arguably more fire resistant. [...]
Understanding Buyer Archetypes and Story Marketing | Podcast #59
Understanding the story is a vital component of real estate marketing. A well developed marketing story is built on appealing to specific buyer archetypes while carefully avoiding running afoul of Fair Housing law. The House Einstein Podcast is Boulder's trusted real estate Podcast. We discuss market conditions, local real estate news, notable sales, and so much more. https://youtu.be/6VoLy1ielsg The House Einstein Podcast is available wherever you podcast. Hosted by Osman Parvez and Hamish Crabb Recorded Date: 10/30/24 Published Date: 1/1/24 Topics: Intro: The proposed development will include housing, retail, art studio space, light industrial use and community green spaces, [...]
The Brave New World of Real Estate Commissions | Podcast #58
Agent commissions are on the negotiation table, here’s what is happening in a post NAR settlement world. The House Einstein Podcast is Boulder's trusted real estate Podcast. We discuss market conditions, local real estate news, notable sales, and so much more. https://youtu.be/5MGVnSyUPGo Recorded Date: 10/23/24 Published Date: 10/25/24 Topics: Intro Welcome Declare Mission: Entertain, Discuss Real Estate, Help You Better the Market Bios (who we are) Disclaimer Call to Action (Contact Us) Review Topics Du Jour TELL ME SOMETHING I DON’T KNOW: Topic Du Jour Negotiation over commissions - What really happens behind the scenes Recap: What [...]
4909 Eldorado Springs Dr [Boulder Notable]
BOULDER NOTABLE SALE: 4909 Eldorado Springs Dr | $1.8MThe road leading to the historic town of Eldorado Springs is dotted with luxury homes, many of which back to beautiful open space. Most are on large lots. 4909 Eldorado Springs didn’t back to open space (it’s across the street), but it did feature a whopping 4.23 acres of land. With two buildable lots, one with decent bones for a remodel, the property offered a rare potential opportunity to construct a family compound. This is increasingly important as the demographics of Boulder (and the rest of America) continue to trend upward in age. [...]
What’s New at House Einstein – Dec 5, 2021
Note: The following was published as the introduction to the latest Fresh Listings Newsletter, a review of the most interesting new listings and notable sales in Boulder, Denver, and surrounding areas.What's New at House Einstein?We had four closings this past week, with deals in Denver, Westminster, and Boulder. After multiple offers, our listing on Chinook, the one with the two-story indoor waterfall, closed at nearly $375K over the list price. Credit for that goes to the seller for trusting our advice in how to prepare and market the home. I also want to thank the entire House Einstein team for their support throughout the process [...]
This Crazy Market [Market Update]
The current real estate market is extreme. At House Einstein, we've known this since things opened up after the Covid lockdown. We're market participants. As Realtors, we directly advise buyers and sellers through the real estate transaction process and serve clients from Denver to Fort Collins. First quarter data is now in. Rather than share typical Realtor anecdotes (and hyperbole), let's take a deep dive into the data. As my momma used to say, facts don't lie. The chart above shows the distribution of premium (or discount) paid for single family home transactions vs. the list price. The blue dots represent 1Q20. [...]
How’s the Boulder Real Estate Market, Osman? [Analyze This]
The Boulder real estate market continues to rebound from the Covid-19 lock downs of two months ago. At House Einstein, we've been working with a record number of buyers and sellers. We appreciate your patience as new content has slowed. We're not apologizing. Clients come first. Our advice to our buyers and sellers is based on a detailed analysis of up to date real estate market conditions, similar to what you'll see below, but for their specific property, right down to the street level. Remember: intelligent real estate decisions are based on deep market knowledge. There are no short-cuts. Let's [...]
Boulder Market Plunges [Analyze This]
First things, first. Our job is to help you see through the usual Realtor smoke and mirrors, tell you what's really happening, and help you make a better real estate decision. Straight talk, detailed analysis, and comprehensive service are our competitive advantages. It's why our clients love us. Unlike many real estate brokerages, we're not cheerleaders. We track and analyze the market because it's the best way to advise our buyers and sellers. That's how this blog got started in 2005. It's still what we do today. If you want our take on the latest listings to hit the market and [...]
What Happened to New Listings Last Month? [Video]
Is the market dead? Far from it. It's not even mostly dead. Surprise! Activity at the lower end of the market remained robust during the past two weeks. Here's the analysis... 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 [...]
Abnormal Markets, Home Energy-Efficiency, and Suspended Foreclosures [Weekend Reading]
Since we're all stuck indoors, keep your mind active and informed with these articles: 1. Coronavirus will radically alter the U.S. “Pandemics aren’t just physical. They bring with them an almost shadow pandemic of psychological and societal injuries as well.” 2. We’re not going back to normal "To stop coronavirus we will need to radically change almost everything we do: how we work, exercise, socialize, shop, manage our health, educate our kids, take care of family members." 3. Ask the Architect: Top 10 Home Energy-Efficiency Upgrades What can you do to minimize your energy bill? 4. Fannie Mae, Freddie Mac, HUD suspending all foreclosures [...]
Boulder Start-Ups, Rogers Farm, Coronavirus Mortgages, and Balfour Senior Living [Weekend Reading]
It's hard sifting through all of the noise, especially with the spring season upon us. We've narrowed down a few quick reads to help you make a smarter real estate decision: 1. Four Reasons Why Boulder is the New Innovation Hub What do you think attracts start-ups to Boulder? 2. New Model Grand Opening at Rogers Farm in Superior, Colorado "Low-maintenance, energy-efficient homes are for all ages – millennials, retirees and families with children." 3. Coronavirus and Mortgage Rates… To Lock or Not? That is the Question! "To lock or not to lock, that is the buyer’s choice. However, buyers need to understand [...]
Google Presence, Empty Storefronts, Mortgage Rates, and Benchmark Bond [Weekend Reading]
Check out our handpicked weekend reads. 1. Google could double Colorado workforce, expand Boulder presence "In addition to these investments in infrastructure and jobs, we’ll also continue our work nationally with local startups, entrepreneurs and small business owners to help Americans access new digital opportunities.” 2. San Francisco Voting Whether to Tax Landlords for Empty Storefronts Coming to Boulder in 3, 2, 1... 3. Mortgage Rates Hit Record Low, but Coronavirus May Deter Buyers "A decline in mortgage rates typically boosts home sales. But a worsening coronavirus epidemic and the efforts to contain it—quarantines, business shutdowns and travel restrictions—could keep would-be home buyers [...]
Boulder Pending Sales SPIKE [Market Update]
A video update for the latest market conditions and historic absorption rate for Boulder real estate. For more detail, read The Best Time to Sell Your House. 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, [...]
Farm Fantasies, Fairy Tales, and Bidding Wars [Boulder Fresh Listings]
Growing up in upstate New York, in a rural home with 40+ acres, I have a fondness for wide open spaces and the rough honesty of country living. The allure of acreage is strong but here in the west, soil and climate offer unique challenges. That doesn't stop buyers from coveting the the mountain homes, ranches, and farms that dot the landscape around Boulder. Many well heeled owners have invested in building dream homes in these places, but not every home is what it seems. This week, we highlight nine new listings that have just come on market in Boulder. [...]
Home Runs and Hobby Farms [Boulder Notable Sales]
As Babe Ruth once said, "Don't let the fear of striking out keep you from playing the game." So swing batter, swing because this week we cover five notable sales, including a highly profitable spec home built on the bones of a basic ranch and a hobby farm that tested the market (and failed). Buy your peanuts and cracker jacks, we're taking you out to the ball game! For private showings and discussion of market conditions, valuation, and negotiation strategy, call Osman at 303.746.6896. My goal is to help you make a smarter real estate decision. Sold Listings of Note 1250 Albion [...]
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