Majestic Modern and Historic Charmers [Fresh Listings, Get ‘Em Hot]
Ooh, la la. This week's listings are spectacular eye candy; from a chic downtown condo to historic family homes on the Hill, from the Granary developer's personal home to a family friendly luxury house in Fourmile Creek. Over 100 listings hit the market this week and as they say in the real estate business, time is of the essence. What's worth seeing? As usual, let's kick things off with a discussion of sales - including some recent bidding wars. Grab your slip-on shoes, it's time to schedule your showings. Remember: Worth seeing doesn't mean worth buying - especially at the [...]
It’s More Than a Feeling [Fresh Listings, Get ‘Em Hot]
Change is in the air. Can you feel it? At House Einstein, it's more than a feeling. We obsess over real estate market conditions in Boulder. It's the only way to provide our buyers and sellers with deep, actionable market knowledge. What's the market doing? The data shows that Boulder house inventory remains low and it's down about 25% year over year, but at the same time the percentage of inventory under contract (i.e. absorption) has fallen from 52% at the end of April to 38% today. That's a remarkable indicator. If you're considering buying, now is the time to be exceptionally selective. [...]
Summertime, And The Livin’ Is Easy [Fresh Listings, Get ‘Em Hot]
While the official start to summer is still a few weeks away, in Boulder real estate, it’s already here. The market is in full swing and you simply can’t see every new listing - over 100 new homes this week alone. Time is precious and the most desirable listings are usually under contract within a few days. What’s worth seeing? The following are the best listings to hit the market in the Boulder area. Before we begin, let's start with a discussion of select recent sales to help educate you on market conditions. Remember: Worth seeing doesn't mean worth [...]
New Year Brings New Variety
By Osman Parvez ------- With a new year comes new opportunity. In Boulder, inventory typically grows in early January and steadily builds until it reaches a seasonal peak in late May or early June. If you're serious about buying real estate, now is the time to meet with your Realtor to develop an effective strategy for finding the right home. Part of that strategy should include seeing listings regularly, even if you're months away from pulling the trigger. When the right one hits the market, you won't have time to familiarize yourself with contract norms, negotiation tactics, or property valuation. [...]
Modern Meets Historic, Will It Be Happily Ever After? [Fresh Listings, Get ‘Em Hot]
As we head into the holidays, new listings start to dry up but it's still a great time to shop for a new home. Why? Sellers who list at this time of year are often very motivated. The 4th Quarter is when we've been able to negotiate the best deals for our buyers. As usual, we've sifted through the listings that hit the market this week. We've removed the bad locations, refreshed old listings, and otherwise undesirable properties. The following homes are the best properties to hit the market. Reminder: Just because we think a property is worth seeing doesn't [...]
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 [...]
Value Plays: Triplexes and Detached Secondary Dwellings [Fresh Listings, Get ‘Em Hot]
50+ properties hit the boulder real estate market this week - everything from affordable housing to one luxury downtown condo with a wishful thinking asking price of $3MM. Only 9 made this week's cut. Buyers - be cautious in the current market. It's not only an election year, unlike any other, but we're nearing the end of the real estate cycle. Intelligent selection and negotiation can reduce the risk of capital loss if you're forced to liquidate in the coming downturn. During the last down market, the high-end saw prices fall as much as 40% from the peak value. Yes, here [...]
Boulder Million Dollar Discount Homes
by Osman Parvez Two January sales of note on Boulder's high end. 1333 King Street sold on January 4th for $1.2MM. Originally listed for $1.6MM in July of 2004, this home had 5 price reductions and was on the market for a whopping 553 days. The sale price represents a 25% discount from original asking (and 11% from the final asking price). The nearly 5,000 sqft, 5 Bed, 4.5 Bath home featured a designer kitchen and was completely renovated in 2001. As is the case with higher value properties, the Chautauqua location of this home was truly stellar. This sale [...]
