Fresh Listings – 3/21/14 [Get ‘Em Hot]
by Osman Parvez Ready for this weekend's showings? Here's the breakdown: 40 properties hit the MLS this week. 10 are worth seeing (my picks) 7 are already under contract 7 are relisted old inventory 21% of the truly new (not relisted) inventory went under contract within the week. One of those didn't even hit the MLS before it was under contract, a potential disservice to the seller (who knew how much the open market would pay?). Current Boulder inventory stands at 431 properties, 41% which are under contract. Here's a link to download this week's FRESH LISTINGS. --- Like [...]
This Week’s Fresh Listings in Boulder [Get ‘Em Hot]
by Osman Parvez Did you think I forgot about you, my dear blog readers? Of course I didn't! The weekend may be half over but there's still time to see some property in Boulder. Forty-eight listings hit the market this week. Here's the breakdown: Osman's picks: 13 Imaginary (not built yet): 6 Under contract: 7 Flips: 3 Refreshed: 7 If you exclude the imaginary listings and the refreshed old listings, 17% of new inventory went under contract within the first week of listing. Most of those had accepted an offer within two days. Now do you understand why [...]
March Comes in Like a Lion [Fresh Listings]
by Osman Parvez $37,000,000 of inventory hit the MLS in Boulder this week; 59 town homes and condos, for a total selection of 361 properties. Here's how it breaks down: 29 new houses 30 new town homes and condos 13/59 new inventory already under contract (22%) 149/361 total inventory under contract (41%) My review with some notes (and picks!): UPDATE: I don't like how the embed is dragging the page down. Here's a link to download the PDF directly. --- Like this analysis? Subscribe to my research. Want to meet me in person? [...]
Weekend Plans? Let’s See Some Houses [Fresh Listings]
by Osman Parvez 32 listings hit the MLS this week and three are already under contract. About half of the available listings are actually worth seeing, in my opinion. If you're interested in showings via yours truly, call me at 303.746.6896. Here's the rundown with some commentary: Update (3/12): I don't like how the embedded document is dragging the view around. Here's a link to download the PDF directly. --- Like this analysis? Subscribe to my research. Want to meet me in person? Attend a Boulder Real Estate Meetup. Ready to buy or [...]
New Listings for Valentine’s Weekend [Get ‘Em Hot]
by Osman Parvez Still trying to impress your sweetie this Valentine's Day weekend? Take her (or him) shopping for that dream home. Inventory is finally rising in Boulder but the most desirable properties are going under contract VERY quickly. To point, fifty-nine shiny new listings hit the MLS during the past two weeks. About a third are already under contract. The median asking price of the new listings is $470,000 for a 3 bedroom, 3 bath luxury condo. The lowest price is for a 1 bedroom affordable unit at the Peloton at only $125,000. At the other end [...]
Fresh Listings [Get ‘Em Hot]
by Osman Parvez As expected, several of last week's listings are already under contract. Snooze, ya lose. Here's a look at this week's fresh listings, perfect for a showing this weekend. Call me if you're interested in taking a look. 303.746.6896. Oh, and don't forget your snow boots. --- Like this analysis? Subscribe to my research. Want to meet me in person? Attend a Boulder Real Estate Meetup. Ready to buy or sell? Call me at 303.746.6896.
This Week’s Listings + Comments
by Osman Parvez Ready for your weekend showings? 29 listings hit the MLS this week in Boulder. 8 are already under contact, 7 are old inventory from last year, leaving 14 shiny new listings for you to consider. Here's a link to the full 29 listings that hit the MLS -> LINK Call me at 303.746.6896 for questions or to schedule a showing. --- Like this analysis? Subscribe to my research. Want to meet me in person? Attend a Boulder Real Estate Meetup. Ready to buy or sell? Call me at [...]
Fresh Boulder Listings, Get ‘Em Hot
by Osman Parvez Happy Friday, Boulder. Here's what hit the market this week plus a few ramblings by yours truly. Fresh Listings, Get 'Em Hot 25 properties entered the Boulder Real Estate Market this week. 6 were actually old, refreshed listings, leaving 19 fresh properties. Here's a link -> Fresh Boulder Listings. 3 of the 19 are already under contract. I know it's only mid January but desirable properties go quickly. Seriously, you can't wait until the weekend. "New listings in this market? It's like throwing fresh meat to a pack of wolves." [...]
Boulder Market Update – by the Numbers [Fresh Listings]
by Osman Parvez Time for a quick update on market conditions - by the numbers style. Thirty five listings have hit the MLS since January 1st in Boulder. Here's how it breaks out: Think the market has slowed? Guess again. 14% of listings since January 1 are already under contract (19% if you remove refreshed listings). Check out the average days to offer. Keep in mind that most agents are a little slow to update the MLS, which means the reported average days to offer should be considered conservative. The real number is likely lower. [...]
Psst… Pocket Listings [Get ‘Em Hot]
by Osman Parvez I know of several properties that will come to market this spring. Contact me for a sneak peak. What's that, you say? A Pocket Listing? Why would someone do a pocket listing? What's with all the secrecy? The answer is often personal or professional. Maybe the seller is not quite ready to alert neighbors, coworkers, friends, and family. In other cases, the seller wants to undertake repairs prior to listing or they wish to time the market for peak absorption (i.e. wait until the market heats up). By the way - when I represent [...]
A Few Worth Considering [Get ‘Em Hot]
by Osman Parvez Visiting Boulder over Thanksgiving and thinking of buying a residence to be closer to family? Let's look at a couple of Boulder listings well worth considering. Call me to arrange a showing on these during your visit. 1965 21st Street, Unit 6 In a nutshell: You're looking at a large lock-n-leave condo with an open floor plan, vaulted ceilings and a rooftop patio close to downtown Boulder. Two bedrooms, three baths, and 2,300+ SQFT means you'll have room for guests or a visiting grandchild. Build in 1988, so it should be reasonably energy [...]
Fresh Listings, Get ‘Em Hot [Featuring Miami Vice Decor]
by Osman Parvez In the last few blog posts, we looked at recent sales at the high end and the entry level of the market. Now let's look at fresh listings in Boulder, with comments by yours truly. Since the beginning of the month, 10 brand spanking new listings have hit the market (not refreshed old inventory). After only a week, 3 are already under contract. Yikes! Take home message: We're still experiencing an inventory shortage. The best homes will attract buyers immediately and you can't wait to see fresh inventory. If your buyer's agent isn't responsive, find one [...]
Weekend Previews – Join Me?
by Osman Parvez In a competitive market, it's important to see inventory as soon as it hits the market. If you wait, it will be gone. Trust me, the desirable stuff disappears very quickly. What if you can't drop everything to check out new listings? That's why I do buyer previews, which include my own photos and notes (sample). This service is especially valuable to relocation buyers but you need to be my client to get that service, no exceptions. Call me for details. I've got a couple listings on my upcoming preview list. [...]
Showings for the Weekend? [Listings]
by Osman Parvez Yay! The weekend is upon us and there is a pile of new inventory. What's worth seeing? Let's walk through it. A quick search of the MLS shows 24 new listings hitting the Boulder market since Monday. I removed 13 of those listings because they're either refreshed old inventory or spec projects (i.e. imaginary houses). That leaves 11 worth your consideration for this weekend's showing schedule. I think 8 are worth a look. Let's take a closer look (all the listings). Ready for showings? Let me take you to see these properties this weekend. Call me at [...]
Louisville, Get it Hot [Listings]
by Osman Parvez If you're shopping for real estate in Louisville right now, take a peek at this house. I was at this listing earlier today to take preview photos for a client. It appears they are going to pass on it, so I'm sharing it with you on the blog. As you should already know, the real estate market is extremely active. 37% of inventory in Louisville is currently under contract, which is absurdly high for January! Let's be honest. At least half of inventory at any given point is probably not worth considering (unfixable layout [...]
