A Deeper Analysis of Boulder Real Estate [Market Update]
by Osman Parvez ---- If you've been warming the bench on the sideline, hoping the Boulder real estate market falls apart, I've got bad news for you. Let's talk about market conditions. My blog post from yesterday is a good place to begin. Now, let's dig a little deeper with an analysis of inventory by price range. Remember: Intelligent real estate decisions are based on a deep understanding of market conditions. There is no substitute. The first two charts below (green bars) break out stand alone, single family house inventory. I cover town homes and condos (attached dwellings) further below. For [...]
Inventory Rises. Selection Improves. [Fresh Listings, Get’ Em Hot]
House shopping in Boulder? As we roll into May, inventory is clearly higher than last year (about 14% for houses) and there are signals that the market is slowing (read "Better Sell Now.") In the last few years, there has been so little inventory and so much competition, that many buyers threw caution to the wind to get a chance at buying. Guess what? Careful selection and thorough due diligence are back in style. This week, about 150 properties hit the market in Boulder County. I've sifted through the inventory and picked out the very best. If you're shopping for [...]
“Better Sell Now Before Prices Fall” – So Says the Realtor [Analyze This]
by Osman Parvez ---- At my Rotary meeting today, a club member mentioned that a Realtor told him house prices are down 2% in Boulder this year. I almost choked on my coffee. "Um...what are you seeing?" he asked. Great question. Let's look at the data to review the past and get out the old crystal ball to talk about the future. We're overdue for a market update. Boulder Market Conditions One of the problems for real estate buyers and sellers is a lack of market transparency. Public information is poor in quality and although presented nicely on [...]
A View to Die For [Fresh Listings, Get ‘Em Hot]
This week: Several trophy homes and a number of investment properties are fresh on the Boulder real estate market. A few are even worth seeing. Just remember that when I say "worth seeing," it doesn't mean I think they're worth buying. Remember: It's not always a seller's market. Price range, location, design, and potential all influence market value. Intelligent real estate decisions are based on deep market knowledge. There is no substitute. Check out the notable sales for examples of the hefty discounts that are possible on the higher end. To schedule a private showing, which includes a discussion of [...]
Mountain Beauties, Hipster Town Homes, and More [Fresh Listings, Get ‘Em Hot]
Sure, it's snowing. If you're a serious buyer, you can't let the weather stop you. Almost 150 listings hit the market this week. The spring Boulder real estate season is well underway. Put on your puffy, slip on your Uggs and let's go see some houses. We sifted through this week's new arrivals and culled the bad locations, the refreshed old listings, and overpriced properties. The 10 listings below are the most compelling properties to hit the market; prime locations, intelligent designs, the best of Boulder real estate. To schedule a private showing, which includes a discussion of valuation, negotiation strategy, and [...]
Sales in Bear Creek [Analyze This]
by Osman Parvez It's a rainy day in Boulder, a good time for analysis. One of the most important pieces of advice we give our clients, both sellers and buyers, is how to understand market conditions for their unique property (or property search criteria). Location is the starting point for the conversation. If you don't know the history of recent sales in the neighborhood, you're going in blind. Take a look at the table below. You're looking at sales since the beginning of the year for properties within the Bear Creek Elementary footprint. Why Bear Creek? Because its one [...]
Ready for Spring Eye Candy?
Spring is here. The tulips are blooming on Pearl Street, cycling routes are busy, and hikers are packing the trails on the weekend. The Boulder real estate market has swung into full gear, too. Listings are popping up everywhere and buyers are flooding into the market. The most desirable homes disappear quickly. Buyers need to move quick to compete. Here's a look at recent notable sales and this week's fresh listings. To schedule a private showing, which includes a discussion of valuation and price trends, call Osman at 303.746.6896. Sold Listings of Note 2930 18th St | $2.4MM | [...]
Boulder Real Estate Eye Candy and Dream Homes in Newlands
Miss us? For the past few weeks, we’ve been focused on helping our sellers and buyers execute their investment strategies and achieve their goals. Some are preparing to list. Our focus is to help maximize the market value of their property. Others are looking to find their dream homes but also want to make a smarter real estate decision. Meanwhile, we’re adding new members to our team and preparing to open a new office in North Boulder. We’ve been very, very focused on execution. When the blog posts slow down, remember this: Clients first. Blogging second. That’s how we roll [...]
A Room with a View on Flagstaff, Historic Old Town, and Rare Southwest Style Charmers
Wake up and smell the listings It's been a busy week: a full schedule of showings every day, late nights writing caffeine-fueled offers, and negotiating back-to-back bidding wars. Meanwhile, I'm doing a deep analysis for a new listing, managing several inspections, and still finding time to meet with new clients. I won't apologize for the lateness of this post, but clients always come first. This week: custom mid-century modern homes on Flagstaff mountain, beautiful adobe Southwest-style homes in historic Lafayette, and two exciting options in Old Town Longmont. As usual, no excessively priced or refreshed listings, and no bad [...]
The Perfect Boulder Bachelor Pad, Loads of Eye Candy, and Managing Risk in Niwot
Phew, it's been a busy week! I've taken buyers to see over 30 listings, everything from eye popping mountain trophy homes to entry level condos. Two late night offers also resulted in two sets of clients happily under contract. It was hard to find time to review the fresh listings, but it's the only way to stay on top of the market. Remember, intelligent real estate decisions are based on a deep understanding of market conditions. There is no substitute. Good news. There's a lot of real estate to consider this week. As usual, I've culled the bad locations, [...]
Unicorn Downtown Condos, A Craftsman on the Hill, and a Tale of First Time Buyers Who Find a Home
This week, we helped a young professional couple buy their first home in Boulder. Although we've already closed many deals in the first quarter, this one felt special. It wasn't the fact we beat many competitive offers, bidding wars in this price range and location are normal. It was the fact that the property works exceptionally well for these buyers and their objectives. It's not their dream home. It meets their needs, fits their budget, and years from now, when they move up to a "forever home", it will be a nice income producing asset in their investment portfolio. It [...]
Imagine Waking Up To This View
by Osman Parvez ---- This was the view at sunrise this morning from our new listing in North Boulder. Can you imagine waking up to this view? Not only does the property have a front row seat to Boulder's iconic Flatirons, but the parcel in the front is City of Boulder open space. It's unlikely to ever be developed. Trails into Wonderland Lake and Mt. Sanitas are right out your front door. Downtown Boulder is minutes away. The house itself is well designed and recently renovated, with living and entertaining areas that frame the view. The lot size is [...]
What’s Hot, Historic, and Hygge? This Week’s Fresh Listings.
A handful of higher end houses and rare locations are featured in this week's fresh listings. If you’re looking for eye candy, check out the hygge farmhouse style property on 26th Street. For a rare location and the best schools in Boulder, assuming you’re willing to do some renovations, the family home on Grinnell may be a good option. As usual, we’ve sifted through the many listings that hit the market this week. We’ve culled the overpriced, maintenance deferred, bad locations, and refreshed listings. In this competitive market, you don’t have time to waste. The following are the very best of Boulder [...]
Under Contract, Boom!
Imagine waking up this view everyday. One of our clients will be soon. Under contract, boom! A post shared by HouseEinstein (@house_einstein) on Mar 1, 2017 at 11:19am PST
Mountain Houses and SoBo Eye Candy [Fresh Listings, Get ‘Em Hot]
Oh, the beautiful snow. On a wintry weekend such as this, you’re probably tempted to snuggle up beneath a blanket with your sweetie and binge on Netflix. Forget it! Serious house buyers: put down the cocoa, put on your down jacket, and let’s go see some houses. The only way to make an intelligent, educated decision on real estate is to stay on top of the market. You can’t do that from your couch. Every week, I carefully sift through new listings in the Boulder real estate market. This week: A variety of family friendly houses, entry level condos, [...]
Welcome to House Einstein
Locations, Due Diligence, Negotiation
Testimonials
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.
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.
