Visions of Sugar Plums Danc’d in Their Heads [Boulder – Fresh Listings]
'Twas the week before Christmas, in quaint Boulder town, not a seller was listing.... no homes to be found. A few stale listings were refreshed by their agents with care, in dire hopes that a buyer might soon be there. ----- As you can imagine, it's rare for new properties to come on the market during the last weeks of December. Well, put down the eggnog. A few are worth stirring from your easy chair. Let's take a look. Remember: For a private showing and a data driven discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896. Our [...]
4479 Prado Dr, Boulder
4479 Prado Dr, Boulder3 bd | 5 ba | 6,052 sqft$1,925,000Deal Note: We represented the buyer of this stunning home.
It’s the Most Wonderful Time [Boulder – Fresh Listings]
December is the slowest time of year in Boulder real estate. Does that sound bad? Well, it's also when we have negotiated some of the best deals for our clients. As we've previously discussed and our analysis clearly supports (check out our Insta), the market is tapping the brakes. Accordingly, we've tightened our selection criteria, only focusing on listings that truly stand out. Only three new listings made the cut this week. Ready to see some houses? Let's go. Remember: For a private showing and a data driven discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896. Our goal [...]
Niwot Unicorns and Historic Charmers [Boulder – Fresh Listings]
One of our buyers called us this week because she wasn't receiving new listing alerts. Nope, there wasn't anything wrong with our search setup; it's normal for this time of year. The Boulder real estate market is seasonal and December is normally a very slow month. Only motivated sellers list between Thanksgiving and New Years, which is why smart buyers don't wait until January to begin their search. Sometimes you can find a remarkable deal. So.. If you're thinking about buying a new home, get started early. And if you're considering listing your home for sale next year, interview Realtors [...]
Feast Your Eyes! [Fresh Listings, Get ‘Em Hot]
Motivated. Why else list your home the week before Thanksgiving? So, before you fill up on turkey, take a look at what hit the market this week. You might be surprised. This week’s options include a pair of rare perches in Table Mesa, a cozy mountain home you'll want to snuggle up in, and an affordable town home in a solid location. Remember: For a private showing and discussion on valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896. Our goal is to help you make a smarter real estate decision. Sold Listings of Note 9440 Owl Lane | [...]
Winter is Coming [Fresh Listings, Get ‘Em Hot]
Break out your sweaters. Year after year, the run-up to Thanksgiving is when we see the most motivated, reasonably priced listings hit the local real estate market. This year is no exception. Last week's Denver Post click-bait article about an algorithm predicting a market crash seems to have scared a bunch of people into listing their homes. Is it the start of the correction or the usual Autumn slow-down? Remember: human psychology drives markets in the short-term. Fundamentals rule the long-term. The market is showing some signs of cooling, even though appreciation rates maintained upward momentum through the third quarter [...]
The Latest Case-Shiller Data on Denver [Analyze This]
--- by Osman Parvez The latest Case-Shiller HPI update is out this morning. Home prices in Denver inched up to 7.7% year over year in August, compared to the 7.2% for the same period a year earlier. Meanwhile, the 20 city composite increased 5.5%. Anecdotally, we're seeing a surprising number of options for our buyers hit the market and starting to have strategy discussions with sellers who are concerned with missing the peak of the market. Although Denver is still appreciating, the pace of gains is beginning to slow nationally. I expect appreciation rates to flatten in the next 12-24 [...]
Boulder Real Estate Cycle Ending? Don’t Be Spooked! [Fresh Listings, Get ‘Em Hot]
One of those most important things is knowing where we stand in the cycle. As I say, I don’t believe in forecasts. We always say,“We never know where we’re going, but we sure as hell ought to know where we are.” - Howard Marks, Oaktree Capital Management I've been tracking the Boulder real estate market for 14 years. Before there was a Zillow or a Redfin, with their erroneous (but pretty) charts, I was crunching data to put together accurate inventory, sales volume, price, and absorption charts for Boulder real estate. Back then, to make ends meet, I also worked for [...]
Fall Real Estate Deals and Take Home Lessons [Fresh Listings, Get ‘Em Hot]
A variety of autumn opportunities hit the Boulder real estate market this week; from an eye-popping, turn-key trophy home in Newlands to starter/investment condos for first-time buyers. It's the beginning of the off-season. While new inventory is declining, attractive listings can be found and if you dig a little deeper, you might even discover a bargain in the rough. What about market conditions? Experienced Realtors will tell you that the best deals are often found in the 4th quarter. It's still a seller's market in Boulder, but we're now entering the slow autumn season and conditions are better for buyers than [...]
Boulder Sales Volume Falls, Prices Appreciate Strongly [Analyze This]
--- by Osman Parvez 3Q sales fell nearly 17% this year, driven by low inventory and higher mortgage rates even as prices continued to accelerate. The median sale price for detached houses increases 10.6%, year over year. Nearly half of listed homes sold for more than the asking price. Why are prices continuing to rise so strongly? Because unlike the stock market, real estate asset prices are sticky on the downside of a cycle and markets with strong fundamentals (like Boulder) are considered by many investors to be safe havens. During a call with a potential new client yesterday, [...]
Awesome Autumn Properties [Fresh Listings, Get ‘Em Hot]
Cooler, crispy weather is upon us and the market is beginning to slow as we enter into the 4th quarter. I'm taking over while Osman is away in the mountains, enjoying his wedding celebration! Over 80 listings hit the market in Boulder County this week. As always, I removed those that were overpriced, refreshed on the MLS, and in poor locations. Below you'll find a mix of historic beauties and turn-key properties, with an option for every type of buyer. Eager to set foot into these lovely new listings? Give me a call and let's connect! Remember: Worth seeing does [...]
A Curious Land Sale and A Creekside Dream Home [Fresh Listings, Get ‘Em Hot]
Have you ever wondered about owning one of those gorgeous houses on Boulder Creek, perhaps as you've tubed past? Well, assuming you've got the scratch, here's your chance. A handful of other interesting luxury homes also became available this week, a few in compelling locations. Additionally, there are a couple of older listings worth a second look. Before we look at the fresh listings, let's talk about the market. As usual, there is a lot of bad information out there. How's the Boulder real estate market, really? In short, it's holding up fine despite higher rates and lower inventory. Not as [...]
Fall is in the Air [Fresh Listings, Get ‘Em Hot]
And we're back... The autumn real estate market in Boulder is typically slow, especially during the months of September and early October. Fewer buyers shopping means it can be a great time to find a bargain in the rough. Meanwhile, if you're a seller who blew the summer real estate season, I've got some tough talk for you: Take any offer you receive seriously. It's not uncommon for buyers to seek substantial discounts, especially if your property has been on the market for months. A low offer doesn't automatically mean you should capitulate, but you should think long and hard about [...]
Take Me to CHURCH! [Fresh Listings, Get ‘Em Hot]
More interesting and unusual homes hit the market in Boulder this week. Buyers have their choice of several historic homes in premium locations, at wildly different price points. If you're looking for something a little different, check out the rare and extremely unique converted church in Lafayette. As James asked, have you seen the light? Ready to schedule your showings? Let's go! Remember: Worth seeing doesn't mean worth buying - especially at the asking price. For a private showing, which includes a discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896. Our goal is to help you make a [...]
Boulder Unicorns: Historic Rooming Houses and Chautauqua Cottages [Fresh Listings, Get ‘Em Hot]
Oh, my. New listings to hit the Boulder real estate market this week include unique and rarely available properties - from a gigantic historic rooming house to that adorable Chatauqua cottage you've always wanted. In short, unicorns. A landlord is also liquidating a large portfolio of historic rental homes. Want my advice? Don't wait to schedule a showing. The most attractive properties sell very quickly in Boulder and the best will be gone before the weekend is over. Ready to schedule your showings? Let's go! Remember: Worth seeing doesn't mean worth buying - especially at the asking price. For a [...]
