Weekend Reading
Weekend Reading Lessons from a Modern Master of Low-Rise HousingMy take: Boulder is headed for more population density, like it or not. Already the shift of humans away from Boulder's historic downtown has occurred, with the Transit Village Area Plan and all of the development at 30th/Pearl. Council has identified the 55th and Arapahoe area as the next target and have begun talking about a second phase of the TVAP. The planning reserve, just north of 28th is also on the radar. How greater density occurs and what it eventually looks like will be the subject of intense debate in coming [...]
What’s Happening in Local Real Estate? [Boulder Colorado]
Increased Rates & Restricted Inventory Rates have inched up past 4.0% and new mortgage applications have plunged. For our local market, which has seen a steady decrease in inventory, year after year, for more than a decade - the impact should be to a mildly cooling appreciation rate. Partial data for February shows 67% of houses and 53% of townhomes and condos were sold for more than list price. The median premium paid was 7.7% for houses and 6.7% for attached dwellings, respectively. Contrast that to January, when nearly 80% of houses sold received a premium. Is this a sign of a cooling [...]
Goodbye Peaberry, We Hardly Knew You
by Osman Parvez Looks like one of our neighborhood coffee spots will be taken over by the Borg. Peaberry Coffee is vacating 11 of it's leased locations which will be taken over by Starbucks. There is one in nearby Base-Mar plaza we like to visit. I wonder if it will now become a Starbucks. For some reason, this reminds me of the Onion's Starbucks to Begin Sinsister 'Phase Two' of Operation piece from a few years back. Well as long as we have Bookend, Cafe Sole', and the Trident I'll survive. ---- Like this analysis? Subscribe to our client [...]
