Boulder County Market Report May 2016
Greetings from the trenches of the Boulder County and North Denver real estate markets, where the hunt for houses to buy or to sell is at a fever pitch now at the busiest time of year. Tight inventory is suppressing overall sales in Boulder County in 2016, down 11% in the first 5 months of the year compared to 2015. The number of available houses for purchase hovers at less than 30% of historical norms, (IRES MLS) but on the plus side for buyers or homeowners looking for a better mortgage interest rates so far in 2016 are the lowest they’ve been in 3 years. (bankrate.com) Amid the frenzy, a few trends have emerged. 1. Houses that are perceived as overpriced frequently end up neglected. This represents opportunity, we recently put a great house under contract at 11% under original listing price saving my clients over 100K. 2. There is a strong preference among buyers for houses with updated finishes, it pays to do the work while you live there. 3. Good floorplans with updates are selling quickly at all price points, but this does not mean these houses will be good investments moving forward. There is no substitute for research in making a good decision, who do you know who may need my help entering this fast paced and challenging market?
Pocket Listing Alerts: A newly remodeled Niwot 4BR/3BA in Cottonwood, a 3BR/3BA on the golf course in Indian Peaks, a beautiful 4BR/5BA in central Indian Peaks, call for details.
Per La Gente- A Perfect Summer Repast
If you have not yet had dinner or lunch outdoors on the patio at Riverside’s Per La Gente in Boulder, you are long overdue. Just below the line of sight as you drive across Boulder Creek on Broadway, tables and umbrellas under the trees provide an immediate experience of the creek roiling over its banks at this writing, and passers-by as they stride and ride along the creek path. This captivating pastime of water and people watching would be worthy of your time under any circumstances and the food is so good Per La Gente makes you feel ignorant for not going more often. At a glance the historic brick building is easy to miss, there is no lot out front or large signage to greet the unfamiliar. Parking is directly across Broadway next to Mustard’s Last Stand – the lot is free, never crowded so far and closer than you’ll get to Whole Foods with a handicap pass.
Chef Lewis Guarasi, former executive chef of Ajax Tavern at The Little Nell in Aspen took over the space in late 2015 with concise breakfast, lunch and dinner menus that have no laggards. The burger is a contender for the best in town, thick beef will satisfy your strongest carbo-fat cravings delivered on a pan-seared soft brioche bun. House cured bacon, sharp white cheddar and burgundy onions highlight one of PLG’s overall strengths; every plate has subtle tangy elements that perk up the taste buds and add interest to commonly ho-hum factors. For example, I never expect much from a side of potatoes but the country potatoes at PLG surprise with pickled onions and bits of roasted red pepper for a creative and colorful balance of tart, sweet and starchy goodness.
The People’s Burger at Per La Gente at the Riverside
From the dinner menu, the ½ roasted chicken has gained widespread acclaim for its oh-so-chickeny pan scrapings and juicy bites, and what Boulder County resident couldn’t find a place in her heart for the Kale Lardon? Organic Free Range Non-GMO Kale, tender with a sous vide egg on top and champagne vinaigrette, Gluten Free and decadently corrupted with 4 ounces of local pork belly. Happy hour is early and stretches for 3 hours from 2pm to 5pm Tuesday through Friday, with old timey cocktails like a manhattan or sidecar on offer. It’s hard to go wrong here any time of day –
It is my pleasure to help and your referrals are always appreciated!