Fresh Listings vs Fireworks? You Choose [Get ‘Em Hot]
Happy Independence Day Weekend. I hope you have big plans to spend this time with your family and friends, get outside, and enjoy the beauty of Colorado. Unless you're home shopping, of course. If you're a serious buyer, this weekend is an opportunity. In the real estate world, holiday weekends are usually slow. Many buyers have plans with friends and family, which is why listing a new property during a holiday weekend is not usually a good idea. For buyers, there is less competition in the market. If you're serious, skip the BBQ and call your agent. Get out there [...]
Glass House Eye Candy, Mansions with Views, and Historic Beauties [Fresh Listings, Get ‘Em Hot]
It's been a busy week. Not because I was working, mind you. In the real estate business, we work on the weekends and take our free time during the week. I was on a motorcycle adventure (pics). Now that I'm back, let's take a look at fresh listings. As usual, no refreshed old stuff and no compromised locations. These are the best the Boulder real estate market has to offer. We'll also discuss a few recent sales to help illustrate market conditions. Are you ready to see some houses? Let's go! To schedule a private showing, which includes a discussion of [...]
Epic Views and Platforms for Dream Homes [Special Father’s Day Edition]
Hey, it's Father's Day weekend! While you're out celebrating with Dad or otherwise honoring your father, you might want to add a few showings to your itinerary. Sorry Dad. Mr. market waits for nobody. Well over 100 new listings hit the Boulder real estate market this week. There were also a number of interesting price reductions and notable sales. Below are the best of the best, properties worth seeing and deals worth noting. This is also the time of year when serious sellers start to make price adjustments, so I've included a few you should keep your eye on. [...]
Downsizing Options, Historic Beauties, and Farm to Living Room Fantasies [Fresh Listings, Get ‘Em Hot]
Some interesting eye candy hit the Boulder real estate market this week; a couple of historic homes in Louisville and Longmont, downsizing and family friendly options in Boulder, and even a fantasy farm just a few minutes away. Didn't you know? Farm to table is so 2016. Get ready to wear a straw hat, overalls and ride a tractor. How about your own baby-goat yoga pasture? Here's your chance. In all seriousness, the market is in high gear. There are lots of new listings and plenty of interesting price reductions. As usual - the most desirable stuff goes quick. [...]
Mapleton Hill Eye Candy, Downtown Lock and Leave, and Longmont Gems [Fresh Listings, Get ‘Em Hot]
by Osman Parvez ---- Summer is finally here and there is no better place to enjoy it than Colorado. Hear that? The mountains and rivers, they're whispering your name. We live here for a reason, but I've got bad news for you. If you're serious about home shopping, forget about your weekend outdoor adventures. We've got houses to see. Home buyers have to be ready to drop everything and see fresh listings, especially on the weekends. Although market conditions are changing, there is still very little inventory and the best listing go quickly. These are the best listings to hit [...]
Inventory Under Contract Falls, Boulder Real Estate Market Cooling [Analyze This]
by Osman Parvez ---- The writing is on the wall. After years of high activity, the Boulder market is now showing clear signs of cooling. Median sale prices have once again dropped below asking. Inventory has risen 9.4%, year over year. Now, as we enter the summer market, the percentage of inventory under contract has fallen. These aren't alternative facts. Take a look at the following chart. The purple bars represent the percentage of inventory of single family houses under contract for the end of May and beginning of June from 2015 to 2017, in Boulder. As we [...]
High End Trophies, Investment Condos, and Rare Building Opportunities [Fresh Listings, Get ‘Em Hot]
Bicycles and Golden Retrievers. Short of baby goat yoga, what could be more Boulder? There's a lot to talk about in Boulder real estate this week. The summer season is upon us and the market has kicked into high gear. Are you ready? First, in case you missed it, check out our latest market updates. Whether you're buying or selling, investing for your portfolio or for a place for your family, deep market knowledge is the only way to make intelligent choices. Our goal is to help you make a smarter real estate decision. Boulder Inventory and Condo Sales Up, [...]
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 [...]
