May 2016
May: Market Insights, Deals, & Events
- Featured Listing: 2050 Oak Ave, Boulder
- Market Insights
- BolderBOULDER: 10 Facts We Bet You Didn’t Know
- Featured Businesses: Hidden Doors by Design & Paradise Travel Adventures, LLC
- Pets of the Month: Twix & Carly Slay Jepsen
- Upcoming Events
Featured Listing: 2050 Oak Ave, Boulder, 80304
Gorgeous custom home on a large 10,000 square foot lot. The best indoor/outdoor living available on the market with a 16.5-foot glass folding wall, leading to a luxurious patio, complete with a built-in grill and sink, gas firepit, children’s play area, and gracious yard space. Completely private home, set-back with a long driveway to ride bikes and scooter safely, without cars roaring by. Beautiful details & appointments throughout. Chefs kitchen with top appliances, luxurious master bath, and more!
May: Market Insights Boulder County
The constraints of supply and the consistent demand of Buyers continue to drive up values across the housing spectrum in Boulder and around Colorado. In April 2016 as compared to April 2015 the median sale price of Single Family homes in Boulder County rose 13.4%, and increased an astonishing 31.5% for Attached Dwellings. We expect to see demand for homes to continue on a similar path based on three strong Buyer sets moving forward: Millennials, Foreign Buyers, and Investors.
The Millennial Buyer is a little late to the party, but now that they have entered the market they represent the largest Buyer group ever with numbers of over 95 million strong. Considering the last largest generation was the Baby Boomers at 78 million, their impact will be huge.
Foreign markets are still in turmoil so Foreign Buyers see the US housing market as a safe place to park their money. China alone is expected to double its investment to over $218 billion in the US over the next five years.
Lastly, we have never seen such a surge of US investors moving into buying residential real estate. Because stocks remain fairly volatile many investors have started taking advantage of real estate investments and its many tax benefits, even though current CAP rates remain low around 4% to 5.5% in our market. Low-interest rates are giving Investors the leverage to achieve comfortable returns. The markets have responded by making it easier for Investors to invest in REIT’s, Self-directed IRA’s, and Traditional Holdings.
In summary: In the words of Will Rogers “Don’t wait to buy land, buy land and wait.”
BolderBOULDER: 10 Facts We Bet You Didn’t Know
Memorial Day is Boulder has been marked by the BolderBoulder since its inception in 1979. We’ve uncovered 10 interesting facts about the 10K run for you.
- 2015 featured over 54,000 runners making the BB the largest race in the US where all participants are timed.
- Founder Steve Bosler started the race in 1979 at the suggestion of Olympic Gold Medallist Frank Shorter.
- From 1979 to 1980, in one short year, the participants nearly double from 2,700 to 5,280!
- Female registrants exceeded Male in 1996.
- In 2002, the largest non-marathon prize purse was awarded, $196,000.
- BolderBOULDER became the largest timed 10k in the world with over 45,000 registrants in 2004.
- A first for the running event industry, the Bolder GuaRUNtee started in 2014 allow people who miss the event to roll their registration over to the following year.
- In the lifetime of the event over 1,300,000 people have participated.
- Fittest city? Over 55 Olympians call Boulder home.
- The BolderBoulder has had over a $10,000,000 economic impact on the city of Boulder
Local Deals: Hidden Doors by Design & Paradise Travel Adventures, LLC
Hidden Doors by Design
Expertly engineered with internal metal structural systems and secure magnetic locks, these Hidden Doors by Design will keep your safe, firearms, and secret room hidden. Choose from in-swing or out-swing models, standard or custom sizes, and a wide array of styles, trims, and woods. We were awarded BEST of SHOW at the 2014 Denver Home Show. Call 303-530-0598 or visit www.hiddendoorsbydesign.com.
Friends of RE/MAX Alliance receive a $300.00 discount for any order placed by June 1, 2016.
Paradise Travel Adventures, LLC
From St. John to Salzburg, Austria we can plan your ideal vacation anywhere in the world. We are committed to offering travel services of the highest quality. Our experience and commitment to customer satisfaction have earned us a solid reputation in the travel industry. Call 720-204-2104 or visit planmyadventures.com to learn more.
Friends of RE/MAX Alliance receive a free travel bag when they book any cruise or resort vacation stay by June 1, 2016.
Pets of the Month: Twix & Carly Slay Jepsen
Carly Slay Jepsen has given you her number, and is hoping for you to call her, maybe! She currently has the very important job of evaluating all of the dogs to see how they get along with cats. She does a great job, so if you have dogs, you don’t need to worry about her. Although she is busy working, she is always happy to make space in her busy schedule to visit with anyone who would like to see her. Don’t be afraid to ask the desk for a visit with Carly Slay Jepsen, because she’ll love for you to run away with her!
In May and June, you can watch your favorite cult-classic films with friends in our new state-of-the-art Stewart Auditorium all while sipping a signature cocktail paired with each film. The Museum is also open with extended evening hours (6-9 pm) to stroll through the galleries.
Widely considered Boulder County’s favorite event, the Festival includes three days of festivities featuring a large variety of events, activities, food and entertainment unique to Boulder.
One of the largest and most highly acclaimed 10K’s in the world. Almost 1.2 million runners, joggers, walkers and spectators of all ages will gather on Memorial Day for the event.
The Lumineers are a folk rock band based in Denver, Colorado. As of December 2013, their debut album has been certified Platinum in the US and Ireland, with Gold certifications in the UK, Australia, and Canada.
Join us all summer long for family entertainment at The Orchard! Bring your lawn chairs down to The Orchard and listen to FACE – All Vocal Rock Band perform.
The festival features live music & entertainment, a FamilyFest area with interactive experiences for the kids; a Fine Arts and Crafts Fair, food court, an old-fashioned carnival, a parade down Main street and of course, we’ll serve FREE strawberries and ice cream on Saturday after the parade.
Join us for an unforgettable magical 1940’s style event with Frank Sinatra, Bob Hope, The Andrews Sisters and more! Step into Hollywood’s WWII planes and enjoy a night of dancing and games.
Experience Colorado’s best gaming and cosplay, and meet celebrities and artists from the worlds of film, television, animation, and of course, comic books.
The G’Knight Ride is a celebration of cycling and is meant for cyclists of all ages, sizes, and abilities. The Ride is a great excuse to dust off that old 10-speed, mountain bike, or cruiser and hop on with 3,000 other riders for a great evening tour.
His Holiness will be giving two teachings at the University of Colorado. This is a once in a lifetime experience!
The 2016 LMO Expo is the airport’s biennial airshow and fly-in. The Expo will feature aircraft from around the area, top level aerobatic performers, military and antique aircraft, vendors, food, and much, much more!
Join the Town of Frederick as we celebrate the many forms of flight in June with a family friendly hot air balloon lift! The balloons lift at daybreak on Friday, Saturday and Sunday mornings, weather permitting.