Boulder High-End Stagnates | 2Q & 3Q Market Update
The following is an excerpt from our monthly newsletter, FRESH, where we cover market conditions, local news, active listings (which we cannot cover publicly), notable sales, and so much more. Sign up here. What's New? Autumn is here, and the first snows have fallen in the mountains. The real estate market has been in mayhem since August, when the changes that resulted from settlement of the NAR lawsuit took effect. Initial Impact: Buyers agents are now required to have a signed compensation agreement with their buyer before showing homes, forcing many to justify their value for the first time. The new [...]
Boulder is Desperate for Inventory [Analyze This]
by Osman Parvez We're still about a week from the official data release for February. Let's take a look at the preliminary numbers for Boulder Real Estate. The following analysis is for single family detached homes (i.e. no condos or town homes). For an in-depth analysis of Boulder real estate, sign up for House Einstein Research HERE. My next report is coming soon. Sales Volume 42 houses sold in Boulder last month, about the same as the previous year. Over the last six months, 334 sales have occurred - an increase of 5%. Inventory [...]
The House Einstein Report – June 2009
by Osman Parvez ---- Ahh, I just wrapped up and published the latest House Einstein Report. Clients and friends subscribed to our email list should have received the report a few minutes ago. Check your inbox. As always, I'll publish select charts and commentary shortly here on the blog. And a few days later, I'll make the report available to the public. In the interim, if you would like to receive the report each month via email, you can subscribe by clicking HERE. ------ House Einstein Report Email ---- Dear Clients and Friends, The real estate market in Boulder is [...]
House Einstein Report – Now Available
by Osman Parvez ---- The latest House Einstein Report (an analysis of local real estate market conditions) has just been sent to our distribution list. The report covers market conditions including sales, inventory levels, pricing, days on market, and absorption through the end of October. Covered cities include Boulder, Broomfield, Erie, Lafayette, Longmont, Louisville, and Superior. Over the next week or so, I will selectively publish charts from the report with further analysis and discussion. If you'd like to be on the mailing list, click HERE. ---- Like this analysis? Subscribe to our client research report. Want [...]
The Silver Fern Report – October Download
by Osman Parvez ---- As promised, I'm making the House Einstein Report available for readers of the blog. The report covers real estate market conditions in Boulder, Broomfield, Erie, Lafayette, Longmont, Louisville, and Superior. This latest report also includes updated Indexes for 3Q08. Click HERE to download it. Below is a summary chart for inventory, sales volume, and absorption. ---- Like this analysis? Subscribe to our client research report. Want to get blog updates via email? Click HERE. Ready to buy or sell? Schedule an appointment or call 303.746.6896. You can also like our [...]
The Silver Fern Report – Now Available
by Osman Parvez ---- The latest Research Report, showing market conditions through April for most cities in Boulder County, has just been published and distributed. As usual, I'll post a few charts from the report in the next few days. A couple of general takeaways: Inventory continues to decline in all market areas except boulder attached dwellings (Boulder AD). Sales volume is up in Boulder, Erie, Longmont, Louisville, and the Mountains. Sold to inventory ratios improved in all markets except Boulder AD and the Plains. The best sold to inventory ratio continues to be Louisville, a long standing trend and [...]
Boulder Fix ‘n Flips
by Osman Parvez A few weeks ago, we prepared an analysis for a client of last year's fix 'n flips in Boulder. "Fix n' flip" defined as properties purchased, repaired or remodeled, and then resold for a substantially higher price within a few months. After analyzing 2005's sales data, I came up with four properties that were clear examples in the City of Boulder. Three projects had enough profitability to be successful, with an average purchase price of $427K, gross profit of $156K, and holding period of 188 days. One looks like it just broken even. The analysis includes "before" [...]
