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 is Dirt in Boulder Really Worth? [Holiday Update]
Note: The following introduction was published in the latest edition of Fresh Listings, our weekly newsletter. Every week, we review the most interesting new listings and notable sales. There's only one way to get it. Sign up.What's New at House Einstein?Sadly, there's no puppy beneath our tree. It's mid-December. we're wrapping up year-end business, making our annual donations to non-profits we like to support, and getting ready for important holiday events with family and friends. We're also preparing for our first corporate secret Santa gift exchange. That should be exciting. As it happens, we're also preparing to launch one of our most interesting new [...]
Business Update, Weekend Reading, and More [Dumb Dolphin Edition]
Note: the following is the introduction to the latest Fresh Listings, House Einstein's weekly newsletter on the most interesting new listings and notable sales to hit the market. Sign up and access the archive . What's New at House Einstein?We’ve had a solid week. Most listings are now under contract, and most of our buyers have closed. As the year ends, we’re taking steps to hit the ground running when the market picks up in the spring. Along those lines, we’re looking to hire a new team member. Yes, House Einstein is hiring. This person’s role will be 70% dedicated toward supporting the Realtors [...]
Weekend Reading – December 7, 2021.
Phew, last week was busy. I completely forgot to include Weekend Reading in the latest newsletter. If you're tracking the real estate market, here are a few articles worth your time to consider:1a. Climate Change is Shrinking Colorado's Ski Season. 1b. Snow May Disappear for Years at a Time in Mountain WestMy Take: Ever since I launched into real estate in Colorado in 2005, I've been worried about the impact of climate change on the sustainability of our local environment and how that subsequently will impact the real estate market. As House Einstein expands into Summit County, I'm now paying even more [...]
Haunted Victorians and Looming Foreclosures [Weekend Reading]
Although few of us are going trick-or-treating or going to Halloween parties tonight, we hope you all have a safe weekend and a Happy Halloween.1. Designed for Dread: Why Are Victorian Houses So Spooky?"How did this highly ornate style—dubbed the "McMansion" of the antebellum period by one scholar—become so feared?"2. The Serious Disconnect Between A Hot Residential Real Estate Market And The Coming Tsunami Of ForeclosuresThese foreclosure predictions are truly scary.3. Fleeing the city for the suburbs? New data looks at pandemic's impactNew data shows that suburban housing markets are not strengthening faster than urban markets.4. What a Trump or Biden Election Win Means For [...]
Mountain Home Gold Rush and Wildfire Due Diligence [Weekend Reading]
Weekend Reading is back! We apologize for the minimal content that we have been posting to the blog but the needs of our clients come first before social media. It's going to be a cold and snowy weekend so stay warm with your loved ones.1. Existing-Home Sales Soar 9.4% to 6.5 Million in SeptemberHow long do you think these super low interest rates are going to last?2. A Year After Fetching $17 Million, a Vail Mountain Home Lists for $32 MillionAfter spending approximately $7 million to renovate the home, oil and gas executive Matthew Fleeger is ready to let go of the [...]
Google Presence, Empty Storefronts, Mortgage Rates, and Benchmark Bond [Weekend Reading]
Check out our handpicked weekend reads. 1. Google could double Colorado workforce, expand Boulder presence "In addition to these investments in infrastructure and jobs, we’ll also continue our work nationally with local startups, entrepreneurs and small business owners to help Americans access new digital opportunities.” 2. San Francisco Voting Whether to Tax Landlords for Empty Storefronts Coming to Boulder in 3, 2, 1... 3. Mortgage Rates Hit Record Low, but Coronavirus May Deter Buyers "A decline in mortgage rates typically boosts home sales. But a worsening coronavirus epidemic and the efforts to contain it—quarantines, business shutdowns and travel restrictions—could keep would-be home buyers [...]
Remodeling, Air BNB, and Front Range Housing [Weekend Reading]
Check out our handpicked weekend reads. 1. Remodeling your home in 2020? "When a homeowner is remodeling a home for enjoyment or practical reasons, that’s one thing. Getting it ready to sell is another." 2. Boulder property owners snagged by costly city short-term rental regulations "In December, Boulder clamped down its short-term rental regulations regarding the documentation the city needs to see to issue homeowners permits to lease for less than 30 days, and what kind of entities can own homes eligible to be rented on short-term bases." 3. The Changing State of Colorado Front Range Housing Read to get a local perspective [...]
Waking Up With Curiosity [Weekend Reading]
Check out our handpicked weekend reads. 1. Discovery Ridge – A Superior Community Steps from Downtown "Set along the ridge overlooking the town, with unobstructed mountain views and no HOA, the 20 new homes on the delightfully named Canary Lane, just eight miles south of Boulder, bring a breathtaking view of the Front Range home to you." 2. Interest Rates Are At a Three-Year Low. Should I Refinance? "Rates this low don’t tend to stick around too long, so if you are considering refinancing, you should check into it quickly." 3. Low Mortgage Rates Continue to Boost U.S. Luxury Market "The number [...]
Google’s New Boulder Campus and More [Weekend Reading]
by Osman Parvez Ready for some weekend reading? Here's a quick roundup of interesting real estate tidbits for your reading pleasure. 1. Google's new Boulder Campus gains preliminary approval. This is a huge deal. Once constructed, the new facility will allow Big G's Boulder employee base to grow to around 1,500 people. The impact to Boulder housing will be substantial, particularly at the mid range of the market. Here's why. Most of these employees will make too much to qualify for affordable housing and yet not have enough resources to take down $1MM+ homes. That means the mid range is [...]
Sunday Reading 12/03/2006
by Osman Parvez ---- Ready for some leisurely Sunday reading? 1. Rental Vacancies. It's at a 5 year low outside the Denver area according to the Colorado Division of Housing. That's the lowest level since 3Q01. Average and median rents are also at record levels. The tightest rental markets are in resort areas. 2. Housing Statistics. Obviously we're big fans here at Realty Unique. But have you read the American Housing Survey? Released in August, this 616 page tome is filled with fascinating information about the housing market. For example, 60% of all housing units in the country are owner [...]
Recent Articles – August 4th
by Osman Parvez What's a Super Slab? Imagine a $2 billion high speed toll road stretching from north of Ft. Collins to south of Pueblo. Ray Wells is busy planning to make it a reality.. For the third year in a row Forbes magazine has ranked Denver-Boulder as the best city in America for singles. Let's see, Louisville was recently named the best affordable city to raise a family. Ft. Collins was given the distinction as being the best place to live by CNN/Money magazine. And we're still best for singles too. Here's the article. File this under Green Destinations. [...]
Recent Links – July 20th
by Osman Parvez Circle Capital Partners are on the move again. They've acquired 9 buildings and over 900,000 sqft of prime office space in downtown Denver from the Blackstone Group and JER Partners in a deal valued above $100MM. The Globeville metal processing plant operated by Asarco is expected to be sold to a developer in the coming weeks. Located at I-25 and I-70, the plant has long been controversial for environmental reasons and a cleanup could cost $8-10MM. Details to be announced as early as next week. Will the Governor have the ability to exclude forest land from development? [...]
Recent Links
by Osman Parvez It's been awhile since I posted links. Here are a few recent real estate and development related stories that are worth checking out (some articles may require registration). Bad luck be damned, 29th Street's Grand Opening is Friday, October 13th. The Wild Oats store won't be ready but 88% of the mall is leased, according to developers. Louisville is moving closer to creating an urban renewal area along CO42, with the planning commission voting 5-1 to move the proposal forward. The future Fasttracks stop located in the same area is helping provide momentum. Noodles and Company have [...]
Today’s Reading
by Osman Parvez Looking for a local real estate news update to keep you awake this Monday morning? Here's a few articles that caught our eye... Commercial real estate is picking up along the US36 Corridor. Investors have pumped more than $153MM into office space, including the $35MM purchase of The Views office complex in Interlocken last month. Other projects in the works include Deepak Chopra's $40MM condo and health spa located next to the Westin Hotel and a $200MM residential and retail community by California based Pacific Builders. Don't want to hire a general contractor for that dream home? [...]
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Testimonials
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.
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.