Client Tour | 1031 Portland Place #2
In Boulder, attractive listings often go very quickly. We produce videos, like the one below, for our buyers when they are unavailable for a showing. If our clients decide to pass on the home, we may share these videos publicly once the property has sold (or been withdrawn) from the market. 1031 Portland Place was acquired in February 2018 for $481,000 ($41,000 over asking). The owner listed it for sale in September 2019 for $539,000. After two price reductions and almost seven months on market, the home was withdrawn from the market. While it was available, we toured it on behalf [...]
Facts + Historic Mapleton Hill + ADUs,+ Newlands + Hidden Upside + More [Boulder Fresh Listings]
You can't make an intelligent decision without knowing the facts. Period. Spring is here and the Boulder real estate season is officially underway. Overall, inventory is up and buyers have more selection now than in the past several years. More sellers are bringing their homes to market and facing stiffer competition. Things could get interesting. Remember, market conditions vary dramatically by price range, property type, and location - down to the neighborhood and street level. The market for a custom home in Table Mesa is not the same as Majestic Heights, despite being separated by a single (albeit busy) street. [...]
Flip Into the New Year [Boulder – Fresh Listings]
Who expects new listings to hit the Boulder real estate market during the slowest week of the year? Sadly, like a re-gifted present, most were refreshed listings pretending to be new. Only two new listings are worth a look this week. In addition to exploring these properties, let's take a closer look at closings from last week and have a more in-depth discussion on notable sales. Are you ready to dive into the world of Boulder real estate? Let's go! For a private showing and a data driven discussion of valuation, negotiation strategy, and market conditions, call Osman at 303.746.6896. Our goal [...]
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. [...]
The Nicest Word? [Fresh Listings, Get ‘Em Hot]
By Osman Parvez ------- A home isn't just the largest financial investment that most people make, it can also be enormously emotional. Home is where you sleep at night, where family grows, and where we meet our neighbors and become part of a community. It’s where we relax with our friends, break bread, and tell our life stories. It’s where we take refuge from the storm. “Home is the nicest word there is.” - Laura Ingalls Wilder Our business is about helping people make smart decisions around the buying and selling of homes. Each week, we carefully sift through new [...]
Investment Returns vs Holding Period
Investment results are highly sensitive to holding period. From our 20+ variable, dual scenario investment property model (clients only). #boulderrealestate #bouldercolorado #analysis #investing A post shared by House Einstein (@house_einstein) on Apr 29, 2018 at 3:22pm PDT A lot of real estate people like to say, "You make your money when you buy." Me? I'll take a great location and a long holding period instead. Almost nothing beats it. ---- 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 Facebook page [...]
Like a Needle In the Haystack [Fresh Listings, Get ‘Em Hot]
By Osman Parvez ------- When you're on the hunt for property, it can feel like hunting for a needle in the proverbial pile of straw. Inventory in Boulder remains low. Many properties are burdened with deferred maintenance or need updating, while the most desirable options attract multiple offers. It's not easy out there. Last year, we closed a record number of deals in the Boulder area. The key is to see a lot of inventory, while being selective to avoid wasting time. Discipline is important, not only because time is short, but to avoid feeling pushed into poor choices simply [...]
No Table Saw? No Problem. [Investments]
by Osman Parvez ---- No table saw? Make one. #homeimprovement #realestate A post shared by HouseEinstein (@house_einstein) on Jan 11, 2018 at 9:56am PST ---- 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 Facebook page or follow us on Twitter.As always, your referrals are deeply appreciated. -- The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining [...]
Psst… Coming Soon: Awesome Condo
by Osman Parvez ---- Psst.... We have a fantastic condo coming to market soon. Now that we have a listing agreement in place, we can tell you about it. You're looking at a gorgeous, updated, south-facing 2 bedroom, 2 bath (full baths) property with covered parking. The location is excellent. From your front door, it's an easy walk to Ideal Market, downtown restaurants and retail. It's a short half mile from the Sanitas trails and just 1.6 miles to Google at 30th/Pearl. From an investment perspective, the coming Alpine-Balsam development will likely support further appreciation and rental demand. Additionally, the [...]
Trailhead Blazes on, a Sprawling Ranch with a View, and Entry Level Charmers [Fresh Listings, Get ‘Em Hot]
Are you ready to see the best homes to hit the Boulder real estate market? This week: benchmark sales in Trailhead, a sprawling ranch with (supposedly) unobstructed views in Frasier Meadows, and family friendly options in the outer 'burbs. As usual, we've culled the bad locations and refreshed old listings. To help educate you on market conditions, we've also included a more detailed discussion on notable sales. To schedule a private showing, which includes a discussion of real estate investments, negotiation strategy, and market conditions, call Osman at 303.746.6896. Sold Listings of Note 2669 4th | $3.7MM | More [...]
Coming Soon: 1 Bedroom, Turn Key, Perfect Boulder Investment Location. [Pre-MLS Opportunity]
by Osman Parvez Can you imagine waking up to this view every morning? Coming soon: 1 bedroom unit, steps from Google, easy access to everything. Pre-MLS opportunity. Call for a showing. 303.746.6896 A post shared by HouseEinstein (@house_einstein) on Oct 15, 2017 at 4:00pm PDT ---- Another view. A post shared by HouseEinstein (@house_einstein) on Oct 15, 2017 at 4:05pm PDT 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 Facebook page or follow us on Twitter.As always, your referrals are [...]
Modern Beauties and Entry Level Gems [Fresh Listings, Get ‘Em Hot]
Modern design stands out in a sea of Boulder homes from the 50s, 60's and 70's. Often constructed on top of the bones of the former, they're a vision of clean design, efficiency, and minimalism. This week, two stand out. In addition, you'll find a spectacular high-end trophy perched beneath Flagstaff, a large lot with a good foundation in Frasier Meadows, a rare artist's home in Eldorado, and a downtown multi-family investment opportunity. 80+ homes hit the market in Boulder this week. Grab your slip-on shoes. Here is what's worth seeing. Remember: To schedule a private showing, which includes a [...]
Downtown, Uptown, Get the Low Down [Fresh Listings, Get ‘Em Hot]
When you're shopping for a home, time is always of the essence. Over 100 listings hit the real estate market in Boulder this week. I've analyzed them, culled the overpriced and bad locations, and identified the most compelling properties. The following are the very best homes on the market. A Note on Market Conditions Before you consider writing an offer, talk to your Realtor about market conditions. It varies dramatically by neighborhood, right down to the street level and property type. This year is not shaping up to be the same as last year. For example: while total inventory of houses [...]
Tantra Lake Holds Steady [Analyze This]
by Osman Parvez ---- With the future development of CU South in play, prices for condos at Tantra Lake have appeared to level out. A basic 2 bed, 2 bath closed this week for $425K. It was not remarkable, with average finishes and no views (listing detail). Will prices rise further this spring and summer? Talk to your real estate adviser. This is a good development to track for the impact of South Boulder CU campus. Here's the chart: note: Data for the chart above utilizes data from both IRES and REColorado. Comprehensive analysis requires a compilation of both [...]
Turn-Key Boulder Condos, Historic Charmers, and Pop Tops [Fresh Listings, Get ‘Em Hot]
A surprising number of old (previously withdrawn/expired) listings hit the Boulder area market this week. Maybe it's the time of year, but it might also be a signal that the market has started to slow. Bottom line: We're well into record territory for a bull market in real estate. Now is the time to be extra cautious with property selection. Some will hold their value far better than others. Don't overpay for marginal assets. Of course, there were plenty of real new listings too. I sifted through and removed the bad locations, the jaw droppingly overpriced, and the old ones [...]
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.
