Boulder Neighborhood Guide – North Boulder

Boulder Neighborhood Guide – North Boulder

By  YOUR Boulder

Holiday Neighborhood North Boulder

While North Boulder is less than two miles away from downtown, it feels much further. Quiet residential streets give it a distinct neighborhood feeling, and yet a growing retail and restaurant scene make NoBo (as it’s called by those in the know) one of the best places in Boulder to be right now. There’s everything here from organic grocers to paved trails and parks-a-plenty.

 

  • History: North Boulder, as a neighborhood, dates back to the years following WWII. Large tracts of land were procured with the hopes of selling them to returning soldiers. The North Boulder development was originally part of Tyler Farm and with the establishment of the neighborhood, one of the city’s first shopping centers came into existence as well, North Broadway.
  • Housing: There has been an explosion of growth in NoBo in recent decades. One of the newest and most celebrated developments, the Holiday Neighborhood, features a community designed with sustainability and affordability in mind. With a high density of Affordable Housing units, Holiday gives families a walkable neighborhood, public parks and many different types of residential units. Also in North Boulder, a new home community called Springleaf is almost sold out. There are six townhomes and six single-family detached homes in the development, all stressinggreen design and many with views of the Flatirons.
  • Restaurants & Shopping: Some of the city’s best ethnic food can be found in the expansive restaurant scene of NoBo. From the authentic Salvadorian cuisine dished up at Pupusas to the always delicious Chinese at China Gourmet, there are options aplenty to be found in the north. And, unlike dining in other parts of town, when  in NoBo you don’t have to worry about parking or battling tourists for a table. That’s a good feeling. Thirsty? Both 4580 and Dagabi serve up excellent happy hours and Tangerine is getting a reputation for its brunch. North Boulder is also home to another independent grocer, Lucky’s Market, proving that you don’t have to shop at Whole Foods if you live here. And as any good road rider knows, the Amante in North Boulder is the spot to be seen in spandex. Many a cyclist will meet at this coffee shop to caffeinate before a ride or share a pastry afterwards. Keep your eyes open while there. You never know which famously shaved legs you might see.

Amantes, North Boulder

  • Family & Fitness: What isn’t there to do in NoBo? The North Boulder community rec center has an indoor pool, extensive gym facilities and a full-blown gymnastics program. North Boulder park offers cross-country skiers a place to get a few laps in during the winter while Foothills community park, nestled up against the foothills, provides hang-gliders with a place to land during the summer months. The Wonderland Lake trail is a 1.5 mile loop around the lake that provides a flat and easy hike. It’s great for families with a trail wide enough to accommodate strollers and a playground. You can connect this trail to others in the area for a longer trek and the grasses surrounding the lake are perfect for summer picnics.

Wonderland Lake Trailhead

  • Schools: Crest View Elementary, Centennial Middle, Boulder High
  • Quirks: The north end of town sought to incorporate as a separate and distinct community from the city of Boulder in the 1960′s. Even though the neighborhood eventually lost the case in the Colorado Supreme court, North Boulderites still consider themselves a special breed. Fortunately, NoBo is conveniently located on one of RTD’s main bus routes, the Skip line, meaning that downtown Boulder is just a quick bus ride away.
  • Major street boundaries: North of Iris, West of 28th

NoBo still feels like a Boulder secret. It’s part of the scene while still holding fast to the neighborhood feeling and individualistic roots that has always defined the area. With new restaurants and retail opening all over NoBo, this is one part of town that is just starting to take off.

Top Photo CreditJerry W. Lewis via Flickr.

 

 

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John Marcotte

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Boulder Neighborhood Guide – University Hill

By  YOUR Boulder

University Hill in Boulder Colorado

It’s the neighborhood that borders CU to the west. Filled with big trees, Victorian homes, and hilly streets, University Hill boasts some of the most beautiful architecture to be found in Boulder. And let’s not forget the fraternities and sororities that also make their homes in this neighborhood. Situated just south of downtown Boulder, The Hill, as it’s commonly called, is an interesting mix of college students and families, combining the best (and worst) of late-night parties and early-rising babies for the past century.

 

  • History: University Hill is one of the older neighborhoods in town, benefitting from its close proximity to the university. In 1890, the first large-scale development began and by 1906, there was enough residential growth to necessitate the opening of the neighborhood’s first school, University Hill Elementary. The boom times of the 1920′s and the military presence of the Navy’s Japanese Language School brought many more people to the area and kept the neighborhood growing.
  • Housing: In this neighborhood, housing spans the spectrum from rundown student rentals to multi-million dollar single family homes. There remain many of the original Bungalow-style houses, which were popular in the 1920′s, and lots of large Victorians on sprawling lots. Rentals abound in this neighborhood but be prepared to fight the students for the opportunity to live this close to campus.

Colorado - Boulder: Fox Theatre

  • Restaurants and Shopping: The Hill presents an eclectic mix of commerce including the famous Boulder landmarks: the Fox Theatre, The Sink and Hapa Sushi. Not to mention the many independent bookstores, coffeehouses and clothing boutiques that are prerequisites for proper college towns. To keep the students happy and cheaply-fed, there is also no shortage of sandwich shops, burrito joints and budget-food options to be found.
  • Family & Fitness: With its centralized location, University Hill is close to all the major trails in town. There is Chautauqua to the south, Flagstaff to the west and Sanitas to the the north. Just beware the hilly roads; 9th street can be a long slow trek up. If you’re into running (who’s not in Boulder?), then check out the Hill-sponsored race series with a 2K and a kid’s 1K course.
  • Schools: Flatirons or University Hill Elementary, Manhattan Middle and Boulder High

The Hill in Boulder Colorado

  • Quirks: The infamous Jon Benet Ramsey house is located in this neighborhood. It’s still on the market, if you’re interested in houses with histories. On a brighter note, University Hill has one of the most active homeowner associations in town, the University Hill Neighborhood Association. And, according to the neighborhood’s Wikipedia page (yes, this neighborhood has it’s own Wikipedia page), this is where the CU students come to party. You’ve been warned.
  • Major street boundaries: 9th on the west, Broadway on the east, Baseline on the south and Marine on the north

The Hill may seem like a quiet sleepy neighborhood during the day when the students are in class, but come Saturday night and post-football game, this neighborhood comes to life. From burning couches during student riots to Greek system shenanigans, you never quite know what you’re going to see on the Hill.

Top photo creditEvan Hunter via Flickr.

 

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Shake It Over to Salt in Boulder for Father’s Day

Shake It Over to Salt in Boulder for Father’s Day

salt boulder fathers day

Photo Credit: Dave Dugdale via Flickr/Creative Commons

When you’re looking for the perfect place to take dad for a festive Father’s Day Feast, might we recommend Salt on the Pearl Street Mall?

They’ve cooked up quite the man-pleasing menu for the evening and are offering a hand-crafted whiskey and BBQ dinner. I mean, if that’s your thing (hulloooooooooo — you had me at whiskey).

You’ll find Salt tucked into the corner of 11th and Broadway with easy parking access in the garage or public lot off of Spruce and Broadway. Walk down to Pearl, and once you’re at the corner — you’re at Salt! Now, let’s talk food. What can you expect when you decide to head to this whiskey and BBQ dinner?

To begin with, this special menu will be offered in addition to their fulldinner menu — don’t worry if BBQ and whiskey aren’t your thing. But for those choosing to partake in the Father’s Day menu, you’ll have four courses made with three different sauces, each incorporating a different Colorado whiskey (mmmmmm). The courses will feature all natural Teton Waters Ranch beef and Tender Belly pork.

And buckle up for dessert — their in-house pastry chef is going to surprise you with yet another handcrafted creation. The prix fix menu will be offered at $45 per person with an optional whiskey pairing available, too.

Now, you will need to make reservations, but that’s simple — just head over to Salt’s website. Or, we’ve made it easy and you can click right here to snag your table. You can also go old school and call them at (303)444–SALT(7258). By  YOUR Boulder

Enjoy the day!

 

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Check Out Wishlist: A Boulder Experience-Based Gift Giving Site

Check Out Wishlist: A Boulder Experience-Based Gift Giving Site

By  YOUR Boulder

Wishlist Boulder

Photo Credit: Adventure Paragliding

Dad’s t-shirt drawer is overflowing, he has plenty of nice ties that he dreads putting on, he just bought himself a nice set ofgolf clubs and you really, really don’t want to resort to buying him socks. Now what?

Thanks to Wishlist LLC, a Boulder-based company, you can sit back, relax and give Dad the best gift he has ever received with just a few clicks of the mouse. You can give him an experience.

“An experience doesn’t devalue overtime and you don’t have to take care of it,” said Suzan Bond, Wishlist’s chief marketing officer.  “I think about how experiences bond people –if you have ever had a life altering experience you remember who was with you or who gave it to you. That is what drew me into this company.”

Wishlist offers several Colorado-based experience categories to choose from: Adventure, Getaways, Urban Living and Wellness – each offering several activity options. All you have to do is choose a category that your dad, girlfriend, employee, etc. will enjoy the most and purchase that category or Wishlist for a set price. The Wishlist is then emailed to the recipient with a personalized message and they get to choose the activity that excites them the most.

“Not only are you buying a personalized gift but it is personalized because they get to pick the specific thing that they do,” explains Bond.

So this Father’s Day give dad the adrenaline rush of navigating whitewater rapids or a quaint weekend getaway… and lets all thank Wishlist for giving us the best gift ever – an alternative to the stressful, traditional gift giving routine.

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Boulder Neighborhood Guide – Whittier

Boulder Neighborhood Guide – Whittier

whittier neighborhood boulderWhittier is one of the most established, and most desirable, neighborhoods in town. Its vibrant mix of older single family homes and student housing, combined with the revitalization of East Pearl Street, have made this neighborhood a walker’s dream come true.

History: Located adjacent to Pearl Street, it’s easy to see why early settlers chose to build their houses in this neighborhood. With large tree-lined streets and large Victorian houses to match, there is a friendly neighborhood feeling that dates back to another time. Whittier was originally established in 1859 and Boulder’s history plays a big part in the neighborhood. You can see many designated historic houses and even more that have been fully restored to their original grandeur.

Housing: Although the houses are expensive in this neighborhood, they feel cozier and less showy than those in Mapleton. Interesting architectural details also set Whittier apart from others. Curved windows, slanted rooftops and stone facades are round around every corner. Not to mention some of the neighborhood’s quirky artistic details. There are funky yard sculptures, hand-carved gargoyles and bright house colors that add even more character and charm to the area.

Being close to Downtown Boulder has pushed prices up in this neighborhood, with many houses going for more than a million dollars. But affordable housing can be found on the south side of the neighborhood. That’s where the condos, apartments and university students are located, taking advantage of the close proximity to the University of Colorado campus.

Restaurants & Shopping: You can walk to all that Pearl Street and Downtown Boulder have to offer. Whether it’s a day of shopping, an afternoon tea party at the Dushanbe Tea House or a night of musical entertainment at the Boulder Theater, living in Whittier puts you near the heart of it all.

Family & Fitness: Everyone can enjoy the pedestrian lifestyle that goes along with the Whittier neighborhood. There are bike lanes aplenty and with Pearl Street, the Farmer’s Market and the Spruce Street pool all within easy walking distance, it’s not difficult to make fitness and family fun regular activities.

whittier elementary boulderSchools: Whittier International Elementary (the oldest continuously operated school in the state), Casey Middle and Boulder High.

Quirks: Whittier has it’s share of personality. The Mork & Mindy house is located in this neighborhood, and the weekly Thursday night cruiser ride goes down Spruce, providing a moving parade of bicycles and costumes. One of the only downsides to living in Whittier is the parking situation. If you don’t have a driveway or your own space, it can be a nightmare. Permit parking and hour limitations are strictly enforced.

Major Street Boundaries: Canyon on the South, 26th on the East, Broadway on the West and Bluff on the North

 

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Things To Do In Colorado

Things To Do In Colorado

Arts to Zoo Cultural Connections 
An Internet portal for the remarkable variety of arts and cultural resources available in and around Denver, including museum exhibitions, events, performances, public gardens, film series and activities for kids. You can also search and view the event calendar for current information, and purchase tickets online, ahead of time. Supported by the Scientific and Cultural Facilities District.
Web site: www.artstozoo.org
Black American West Museum and Heritage Center 
The center, located in the Dr. Justina Ford House, boasts materials and exhibits explaining the heritage of blacks in the West.
Web site: www.coax.net/people/lwf/bawmus.htm
Buffalo Bill Museum 
See the grave and museum of William F. Cody . Objects include Sitting Bull’s bow and arrows, Buffalo Bill’s show outfits, and Frederick Remington’s “Portrait of a Ranch Hand.”
Web site: www.buffalobill.org
Children’s Museum of Denver 
A hands-on educational and entertaining experience for children and their caregivers. Programs and playscapes are designed for newborns to eight-year-olds. Children can participate in theatre, dance and movement, cultural activities, science activities, games and team activities. Other programs enhance cognitive functioning for babies, and real-life roleplaying activities for older kids.
Web site: www.cmdenver.org
City Driving and Walking Tours 
Discover Denver’s historic landmarks and points of interest at your own pace.
Web site: www.denvergov.org/AboutDenver/today.asp
Colorado Historical Society 
Imagine covered wagons, a rendezvous of fur traders, Indian buffalo hunts, mining the Rocky Mountains and life in early Denver . Colorado ‘s own museum features collections of photographs, artifacts and documents. Dioramas and changing exhibitions bring history to life.
Web site: www.coloradohistory.org
Colorado Trail Maps 
Day hikers, walkers, cyclists and other outdoor enthusiasts can download and print trail maps for trails that are accessible from urban regions throughout the state (national parks are excluded.)Complete with trail descriptions, the detailed maps are provided by the Colorado Lottery, which has provided over $11.5 million for more than 303 trail projects since 1983.
Web site: www.coloradolottery.com/about/trailmaps
Denver Art Museum 
The Denver Art Museum is world famous for its American Indian art collection. Visitors can view outstanding architecture, graphics and design galleries, or explore stunning Asian, Modern & Contemporary art, pre-Columbian, and Spanish Colonial galleries.
Web site: www.denverartmuseum.org
Denver Botanic Gardens 
Whether you visit Denver Botanic Gardens to relax under the shade of the enormous weeping willow in the Japanese Garden, to learn from a class or expert lecture, to listen to breezy, cool jazz on a hot summer night or tour the twinkling winter wonderland created by Blossoms of Light, we hope you’ll find that Denver Botanic Gardens is more than just a beautiful garden.
Web site: www.botanicgardens.org
Denver Convention Complex 
Find out what’s happening today and what’s coming up at the Colorado Convention Center and Currigan Exhibition Hall. Floor layouts, directions, nearby lodging and dining guides are also included.
Web site: www.denverconvention.com
Denver Firefighters Museum 
The museum houses an extensive archive of old photographs, documents, journals and news stories about early Denver and the development of firefighting technology. Many artifacts date from 1866, including hand-drawn schematics and two early motorized vehicles. A unique gift shop offers books, toys, collectibles and antiques.
Web site: www.colorado2.com/museum
Denver Mint 
Enjoy a tour of Denver ‘s U.S. Mint, one of only two full-service mints in the nation. Producing between 14 and 20 billion coins each year, the Denver Mint is the largest producer of coins in the world. The gift shop offers exciting numismatic coin and money-related collectibles. Call 303-405-4766 for information about tour scheduling procedures, or visit the Mint’s Web site.
Web site: www.usmint.gov/mint_tours/index.cfm?action=denver
Denver Museum of Nature and Science 
Home of the Gates Planeterium and the IMAX Theater, the Denver Museum of Nature and Science is packed with information relating to the world around us. With programs for the young and old alike, the Museum will keep you entertained, and learning, for hours!
Web site: www.dmns.org
Denver Public Library 
The Denver Public Library (DPL) is the information resource for the people of Denver and the greater metro area. It also acts as the official Resource Center for the state of Colorado and is a regional depository for publications of the U.S. government. The Library is world-renowned for its collection of western Americana and its model Children’s Library.
Web site: denver.lib.co.us
Denver Rail Heritage Society 
Take an inexpensive ride on an open trolley car around Denver ‘s Confluence Park region, or ride through the scenic Platte River Valley to west Denver . Similar to those that once made up Denver ‘s fleet of 300 streetcars, these replica trolleys depart the station near the Children’s Museum on fair–weather weekends in winter and daily in summer.
Web site: www.denvertrolley.org
Denver Urban Gardens 
As a nonprofit organization, DUG operates and assists with the creation and management of over 60 metro-area community gardens and small parks.
Web site: www.dug.or
Denver Zoo 
The Denver Zoo is home to 3,500 animals representing more than 600 different species. During a Zoo visit you can see rare amur leopards, black rhinoceros, coral reef fish, elephants, zebras, vampire bats, gorillas and more!
Web site: www.denverzoo.or
Forney Museum of Transportation 
A “must see” for train buffs! Visit the museum in its new location on Brighton Boulevard . Enjoy over 500 exhibits featuring early-model carriages, automotives and locomotives, including the Big Boy Engine and the Forney Locomotive 040-T Engine built in 1897.
Web site: www.forneymuseum.com
 MaxNights.com 
For info on the latest entertainment and local artist/musician activities in Denver. We post profiles for bands, musicians, comedians, djs, artists and more. Check out our events and live music calendar. Denver has a lot to offer for entertainment and you can find the best opportunities through MaxNights.com!
Mizel Museum of Judaica 
Permanent and changing exhibits illustrate the Jewish historical, artistic and cultural heritage. 
Web site: www.mizelmuseum.org
Molly Brown House Museum 
Costumed guides lead visitors through the 1889 home of the “Unsinkable Molly Brown” – Denver ‘s famous socialite, philanthropist and Titanic survivor.
Web site: www.mollybrown.com
Museo de las Americas 
The museum preserves and interprets the art, history and culture of Latinos in the Americas .
Web site: www.museo.org
Museum of Contemporary Art 
Denver’s first and only contemporary art museum. MCA is a non-collecting space that functions like the European model of a kunsthalle, offering ongoing presentations of innovative and challenging art of our time. Multi-disciplinary programs. Tours upon request.
Web site: www.mcartdenver.org
National Western Stock Show and Rodeo 
Nearly 100 years old, and bigger than ever, the National Western has been recognized by the Pro Rodeo Hall of Fame as one of the top 100 events of the year in the U.S. by the American Business Association, and named Rodeo of the Year by Events Business News Magazine. 
Web site: www.nationalwestern.com
Ocean Journey 
Denver ‘s interactive aquarium and the only marine sciences center in an eight-state region. Explore waters and wildlife from the Continental Divide to the Sea of Cortez , and from an Indonesian rain forest to the depths of the Pacific Ocean .
Web site: www.oceanjourney.org
Parks and Recreation Mountain Parks 
The City and County of Denver owns and operates some of the nicest parks in the front range.
Web site: www.denvergov.org/dephome.asp?depid=88
Red Rocks Park and Amphitheatre 
The world-famous Red Rocks Park and Amphitheatre is open year-round. The new 30,000-square foot Burnham Hoyt Visitor Center offers free interactive and educational displays that, along with a short documentary film, highlight the geological and musical history of Red Rocks. Custom guided tours are also available, and the Ship Rock Grille is a dining treasure serving Colorado cuisine.
Web site: www.redrocksonline.com
Sports Franchises in Denver 

Arena Football (AFL) Colorado Crush 
The team is led by legendary quarterback John Elway, who teamed with Kroenke Sports Enterprises and Denver Broncos owner Pat Bowlen to bring Arena Football to Colorado . The Crush began playing in February 2003.
Web site: www.coloradocrush.com

Baseball (MLB) The Colorado Rockies 
Since 1993 the Rockies have been Denver ‘s ticket to America ‘s favorite pasttime.
Web site: rockies.mlb.com/NASApp/mlb/col/homepage/col_homepage.jsp

Basketball (NBA) The Denver Nuggets 
The Nuggets have called Denver home since their ABA origin in 1967.
Web site: www.nba.com/nuggets

Football (NFL) The Denver Broncos 
Winners of Superbowls XXXII and XXXIII. The Broncos originated in Denver in 1959.
Web site: www.denverbroncos.com

Hockey (NHL) The Colorado Avalanche 
Our 1996 and 2001 Stanley Cup Championship hockey franchise.
Web site: www.coloradoavalanche.com

Lacrosse (NLL) Colorado Mammoth 
The inaugural Colorado Indoor Lacrosse season began January 3, 2003.
Web site: www.coloradomammoth.com

Soccer (MLS) The Colorado Rapids 
Major League Soccer became Denver ‘s fifth franchise. The Rapids first game was in April 1996.
Web site: www.coloradorapids.com

Theatres and Arenas 
City-owned facilities are constantly offering many types of programs, from exhibitions to theatrical works, to sporting events.
Web site: www.denvergov.org/dephome.asp?depid=22
The Urban Farm 
The Urban Farm is a non-profit organization that teaches agricultural and environmental education to urban children and youth. Conveniently situated on 23 acres within the Stapleton development area, The Farm offers classes, tours, school visits and outdoor meeting facilities.
Web site: www.theurbanfarm.org
Wildernet 
A great online outdoor recreation resource dedicated to the outdoor enthusiast. Wildernet provides detailed information on trails, mountains, campgrounds, climbing areas, lakes, rivers and winter sports.
Web site: www.wildernet.com
Winter Park 
For great skiing in the winter and great hiking and mountain biking in the summer, see the beauty of Winter Park and Fraser Valley .
Web site: www.skiwinterpark.com

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WANTED: Homes For Sale

WANTED: Homes For Sale

 

Wanted: Denver & Boulder County Homes For Sale!I have active buyers looking for homes throughout various parts of the Denver and Boulder metro areas and there aren’t enough listings. If you would consider selling, please email me and be sure to include:

  • Property Address
  • Price you would like to sell for
  • Tell me about your home
  • Best Phone # to reach you

I will tell my buyer(s) about your home and contact you to schedule a showing if it sounds like a fit.

 

 

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What’s Trending?

What’s Trending?

Inventory levels are rising (finally) and # of sold homes are rising too. Here’s my May 2013 Denver Metro Market Watch so you know what’s going on. Trends for May 2013  in Denver Metro Real Estate:

 # HOMES FOR SALE (INVENTORY )  UP 18% FROM PRIOR MONTH (Still Down 22% FROM LAST YEAR) (8,214 NOW vs 6,682 in March) 

  •  WHAT’S TRENDING: So far this year we hadn’t see the rush of spring sellers like we have in the past. Well…now they are starting to hit the market. We have over 1500 more sellers this month compared to last month
  • WHAT DOES THIS MEAN: The market still favors sellers and especially as prices climb, but the increased inventory levels will be interesting to monitor and see if it gives the buyers a bit more control. 
  • TIPS FOR SELLERS: Make sure buyers are serious. Sometimes they are bidding on EVERY home just to keep their options open. Make sure they are serious before entering into a contract and then the buyer backs out.  
  • TIPS FOR BUYERS: Make your highest and best offer FIRST….don’t make an offer planning on a counter or negotiation. If it’s priced well and in good condition….other buyers want it too!

AVERAGE SOLD PRICE DOWN .18% FROM LAST MONTH BUT STILL UP 8% FROM LAST YEAR

  • WHATS TRENDING: Average sold price is $308537. It was $275,000 in January 2013. That’s a BIG jump!
  • WHAT DOES THIS MEAN: Prices are rising quickly which is great for sellers and a challenge for buyers. However, the biggest challenge is the appraisal. Getting homes to appraise for the price they are selling for can be a challenge. 

AVG DAYS ON MARKET  CONTINUES TO DROP! NOW= 48 days (DOWN 14% FROM LAST MONTH & 38% FROM LAST YEAR)

  • Like last month when I wrote, this stat is still skewed. New listings that are priced well are selling in about 7 days. Then the overpriced listings and short sales etc are taking 60+ days to close. If you are priced well it will sell quickly. If you are WAY over priced, however, buyers still aren’t pulling the trigger on yours. They have learned from the previous crash and don’t want to be “upside-down”….plus appraisers are still being conservative on the values and limiting how much a lender will loan on a home regardless of how much a buyer will pay. 

# SOLD HOMES UP 20% FROM LAST MONTH & 22% FROM LAST YEAR

  •  Comparing last year…….Active homes are still down DOWN 22% and Sold Homes are UP 22% which is creating our speedy market recovery. Fewer homes for sale but yet MORE are selling. No wonder buyers are feeling a pinch and new home builders are seeing record # of contracts/sales/deposits.

WILDCARD – ONE THING TO WATCH FOR:  I mentioned last month that interest rates are the wildcard. Well…they still are. I have seen them climb to 4% or just over this past month which means buyers can afford less house as rates rise. Let’s hope the FED keeps them low or else this could have a BIG impact on our market by end of year and and heading into 2014.

by 

 

 

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Home prices accelerate by most in seven years

Home prices accelerate by most in seven years

By Leah Schnurr

(Reuters) – Home prices accelerated by the most in nearly seven years in March as the spring buying season gave the sector traction, while surging consumer confidence pointed to some resilience for the economic recovery.

The data on Tuesday also suggested the two segments could act as buffers as the broader economy faces the pinch of belt-tightening in Washington.

The S&P/Case Shiller composite index of 20 metropolitan areas climbed 10.9 percent year over year, beating expectations for 10.2 percent. This was the biggest increase since April 2006, just before prices peaked in the summer of that year.

Prices in the 20 cities gained 1.1 percent in March compared to the month before on a seasonally adjusted basis, topping economists’ forecasts for a 1 percent rise.

The housing market turned a corner in 2012, several years after its far-reaching collapse. The recovery has picked up since as inventory has tightened, foreclosures eased and historically low mortgage rates have attracted buyers.

A Reuters poll showed the recovery in the housing market likely has momentum through the rest of the year, with economists ratcheting up their forecasts for price gains in 2013.

Separate data showed consumer confidence picked up in May to its highest in more than five years in the midst of a stock market rally and lower gasoline prices.

Housing and the consumer have shown strength even as there have been hints that tighter fiscal policy is starting to bite in the broader economy. Across-the-board U.S. government spending cuts of $85 billion went into effect in March, while the payroll tax holiday expired at the beginning of the year, raising taxes for many Americans.

The data suggested both areas were performing better than the overall economy, said Sam Bullard, senior economist at Wells Fargo in Charlotte, North Carolina.

“There are some individual circumstances that are helping to propel both of these a little bit stronger than what the actual underlying strength would suggest,” said Bullard, pointing to the effect of higher stock prices on consumers, and investor demand for homes in beaten-down regions lifting prices.

Economists expect the pace of growth likely cooled in the second quarter, partly due to tighter fiscal policy, but the second half of the year is seen regaining traction. Investor attention has turned to when the Federal Reserve might start to slow its economic stimulus efforts.

The data lent support to equities where Wall Street rose after comments from central banks around the world reassured investors supportive monetary policies would remain in place. U.S. Treasuries yields rose to their highest levels in over a year.

Housing-related shares rose following the Case-Shiller report before giving up some gains in the afternoon, with the S&P homebuilders ETF up 0.4 percent. The ETF is up nearly 20 percent for the year, outpacing the more than 16 percent surge seen in the benchmark S&P 500 index.

Home prices in Phoenix continued their sharp ascent, rising 22.5 percent from a year earlier. Other standouts included San Francisco, up 22.2 percent, and hard-hit Las Vegas, up 20.6 percent.

 

 

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Boulder Neighborhood Guide – Downtown

Boulder Neighborhood Guide – Downtown

Pearl Street, Downtown, Boulder, Colorado

Pearl Street, located in the heart of downtown Boulder, is the bustling center of town. It provides tourists and locals alike a place to walk, eat and shop in the shadows of the Flatirons. With a four-block stretch of Pearl Street designated as a pedestrian walking mall, opportunities abound for street musicians, play structures and art sculptures to share the very public space. You are never lacking for interesting things going on in downtown.

 

  • History: Boulder began as a supply town for gold miners in the mountains. Now the heart of the city, Pearl Street is believed to have been named for the wife of one of Boulder’s original founders. By 1917, with the automobile taking over, Pearl Street between 11th and 17th streets became the first street in Boulder to be paved. Later, in the mid-30′s, the city’s first streetlight was installed at Pearl and Broadway. The idea for the Pearl Street Mall came about in the mid-70′s as a way of attracting tourists to town and saving a sagging downtown. The Pearl Street Mall is now one of the most successful pedestrian malls in the country, spawning imitators and bringing lots of money into the local economy.
  • Housing: There’s so much happening on the Pearl Street Mall that it’s easy to forget that people actually do live in this neighborhood. Downtown Boulder is one of the oldest residential areas in town, providing many historic homes with Victorian details and delightful charm. Although none of the homes have much of a yard, the big trees and welcoming front patios make up for it. Most homes start at a half-million dollars but there are also condos and apartments to be found in the neighborhood as well. There are many new, modern condos that have been built above retail locations all along Pearl and Walnut Streets.

Boulder Cafe

    • Restaurants & Shopping: Downtown is the mother ship of all dining and shopping experiences in Boulder. So many restaurants to choose from, ranging from the most fancy (I’m looking at you Frasca & Brassiere Ten Ten) to hippie pub to everything in between, that it’s easy to see why Boulder is always named to the foodiest towns list. The Boulder Theater and music on Pearl Street offer loads of entertainment. And we haven’t even begun with the shopping. Oh, the shopping. There is no shortage of wonderful ways to spend your money and time in downtown Boulder.
    • Family & Fitness: One Boulder Plaza, located at the busy intersection of Pearl and Walnut in downtown, includes a health club that features fancy machines, a smoothie bar and the chance to be on display to anyone walking through the One Boulder Plaza building. Outside, you’ll find an area suitable for al fresco dining in the nicer weather that then turns into an outdoor ice rink in the winter. The most fun family activity in downtown Boulder is the Farmer’s Market. Boulder has one of the best. With delicious food, art and music, it really is the place that everyone wants to be on a beautiful Saturday morning in the summer.

market!

  • Schools: Whittier International Elementary, Casey Middle, Boulder High
  • Quirks: It’s pay parking almost everywhere downtown and there are many permit-only spots in the surrounding neighborhoods. Be sure to read signs carefully and know where you’re parking. The last thing anyone wants to take with them after visiting downtown is a parking ticket. The really fun thing about Pearl Street is that you never know what you’re going to see. Depending on the time of year, you might catch a parade of munchkins, a fitness expo, a pep rally or a bunch of naked runners. Totally awesome.
  • Major street boundaries: The one or two block radius both north and south of Pearl Street proper

Downtown Boulder is a vibrant and exciting place to live. You are ,quite literally, in the middle of everything going on in town. The downside? You are, quite literally, in the middle of everything going on in town. Dive in and make yourself comfortable.

Top Photo CreditLet Ideas Compete via Flickr.

 

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