News

Boulder “Land Grab” finally over

I live in the south boulder neighborhood where Mclean and Stevens claimed adverse possession of their neighbors land and it is unfortunate to see a neighbor act in this manner.

While the ultimate resolution might still be a compromise, I think we should all thank the Kirlins for bringing state-wide attention to this issue resulting in important changes in statutary law benefiting the public …

  1. A new law prohibiting judges from hearing cases involving judges from the same district AND
  2. Significant changes to Colroado’s adverse possesion laws requiring similar conditions of proof of use that are in place in many other states.

Let’s hope that people can learn to live together better!

Charity, Events, News

“Let’s Bag Hunger” Open House

It is saddening to me that we have people in Boulder, Lafayette, Louisville and the surrounding Boulder County area that cannot afford to properly feed themselves and their families.  One of the non-profit organizations that I donate some of the profits from my Boulder Real Estate business to is Community Food Share.

Community Food Share is the food bank for about 63 agencies in Boulder and Broomfield county that include soup kitchens, emergency assistance programs, senior programs, shelters, child care centers and agencies serving disabled citizens, the mentally ill, low-income working poor and at-risk youth.

Typically, open houses for luxury homes feature food, refreshments, giveaways, etc. for people who attend but I felt that is a great opportunity during the food drive week for this boulder luxury home open house to promote Community Food Share!

For every Boulder real estate agent that attends the open house for this boulder luxury house, I will be funding the purchase of 10 bags of groceries .. and of course every Boulder real estate agent is encouraged to bring cans of food.

“Let’s Bag Hunger” in Boulder County!

News, Trends

A simple rule for buying

Did you read the article in the New York Times last week by Warren Buffett?  While the focus was on the  stock market, there are clear and obvious parallels with our local real estate market since his article’s focus was about Equity Investment.

Warren’s rule on buying is simple: Be fearful when others are greedy and be greedy when others are fearful.  And right now in the Boulder real estate market, most people are fearful!  The reality is that over the next 5, 10 and 20 years, there will be noticeable appreciation of property values.

I can’t predict if home prices will increase or decrease from one month to the next or even 6 months (and beware anybody who says they can!) but I do know that home prices in Boulder county will increase as the economy improves.

Over a long period of time, the real estate market has weathered world wars and other military conflicts, the depression, numerous recessions, stock market panics and other national periods of crisis and people how have owned their homes have realized profits upon selling their home.

Warren’s ultimate point is that “Equities will almost certainly outperform cash over the next decade, probably by a substantial degree”. 

Real estate is the only equity investment where your money is leveraged and that will to be the topic of another posting!

News

Unfortunate news for Help-U-Sell

As noted in the Wall Street Journal classifieds yesterday, the franchisor for Help-U-Sell, pursuant to a United State Bankruptcy court supervised sale, is selling all of its assets and franchise agreement for the approximately 400 franchises.

It seems that more then ever, experienced full-time agents are being requested to help sellers and buyers navigate through the tricky process of buying or selling a home.