Monthly Archives: April 2010

Faster is Better

Posted by Michael Hughes     April 30, 2010

When you are looking for a home you’d better hope your realtor is Johnny on the spot.  That you are their top priority no matter the price point.  I have put the last 3 homes under contract when on the market in less than 72 hours in Boulder.  There is no time to waste if you are serious or are going to buy a home in Boulder.  Call me today and get the fastest updates in the market today. Take care!

If you have questions regarding this article or are thinking you will Buy A Home In Boulder please call me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO. Featured Listings

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Golden Slacks-Pants on the Ground

Posted by Michael Hughes   April 29, 2010

At the Senate hearings regarding Goldman Sachs, U. S. Sen. Carl Levin accused the investment bank of behaving as banks did in the 1920s, sparking the Great Depression.

Goldman Sachs misused the system to “put its own interests and profits ahead of the interests of its clients and our communities,” Levin, D-Mich., said.

Levin said, “In looking at this crisis, it’s not hard to echo the conclusion of another congressional committee, which found, quote, ‘the results of the unregulated activities of the investment bankers were disastrous,’ close quote. That conclusion came in 1934, as the Senate looked into the reasons for the Great Depression. And the parallels are unmistakable to today’s events.”

It was further reported that Goldman has denied it helped create the mortgage market collapse by betting against the market. Right! As if persuading your clients to buy mortgage related securities and then (Goldman Sachs) turning around and “shorting” those same securities was not a CONFLICT OF INTEREST! And of course GS would have us believe that they were just hedging and protecting themselves-since they were oft told by upper management to “minimize risk.” Isn’t that what they are supposed to be doing with their clients; giving them the best investment advice available?  Pants on the Ground

If you have questions regarding this article or are thinking you will Buy A Home In Boulder please call or text me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO. Featured Listings

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Boulder Balance


Bill Dan Rocks in Balance-San Francisco

Ever feel like you are walking a fragile tightrope with all your life’s activities and demands?

In today’s fast paced society, it is very difficult at times to keep life in balance and perspective.  Life balance is about helping you find your priorities.  This will help you experience less anxiety because when you find your priorities you aren’t being pulled in so many different directions.

Spiritual/Philosophical

Family

Friends

Fitness

Nutrition

Career

Leisure Pursuits

Diversions

Are there any additional categories you would like to add? What are your priorities? Why? What do you think about? Is it positive or negative self-talk?

Have an awesome week!

If you have questions regarding this article or are thinking you will Buy A Home In Boulder please call me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO. Featured Listings

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Google SVT to Visit Boulder Creek Path

Posted by Michael Hughes  April 27, 2010

Google held a contest to choose early sites for off-road Street View mapping by its camera/trike. If you haven’t used Street View, it’s basically a series of photos attached to give a panoramic type view — so many and in so many directions that it can seem like one long, continuous photo — attached to Google Maps.  So if you are checking out a neighborhood to buy a home in Boulder you can see exactly what the neighborhood looks like before going. Introducing the Google Street View Trike.

The mapping feature will allow people to explore the Creek Path from their computers — and it’s a step in the direction of using Google Maps to plan your bike trips, running, blading or walking route. I hope they do it during a Farmers Market on Saturday or Wednesday as this would also add another facet to the tour.

The city has applied to share data about its extensive bike path system with Google as a Base Map Partner. If the city’s proposal is accepted, people will be able to get directions for traveling in Boulder from Google Maps that are tailored for bikes, routing cyclists along multi-use paths and roads with bike lanes. The city already has its own mapping software at gobikeboulder.net that does just that, but if Boulder can partner with Google, Go Boulder staffers hope that even more people will take advantage of the 360 miles of local bike routes.

If you have questions regarding this article or are thinking you will Buy A Home In Boulder please call  or text me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO. Featured Listings

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Hike Boulder

Posted by Michael Hughes   April 26, 2010

Sanitas Valley Trail is a wide, graveled trail heading north up the valley between the Hogback Ridge and Mount Sanitas. It affords access to the Dakota Ridge Trail to the east, the Mount Sanitas Trail to the west, the Hawthorne Trail near its northeast terminus, and the East Ridge Trail at its northwest terminus. It is heavily utilized by people walking their dogs, runners and families. Best to get to these trails earlier especially on spring or monsoonish summer days when the clouds build up and you can rely on that afternoon thunder boomer. You do not want to become one with lightening.
Mount Sanitas Trail is a moderate to difficult trail which meanders both sides of the ridge leading to the summit (after several ‘false tops’) of Mount Sanitas. The southern portion of the trail is utilized as an access by climbers to several bouldering areas along the trail. Access points to these bouldering areas are clearly marked . This trail also provides beautiful views to both the east over the city of Boulder and to the west, the front range of the Rocky Mountains. When you wish to buy a home in Boulder, this is a great place to get a first initial overview of almost all the areas except South Boulder.

Dakota Ridge Trail meanders the west side of the Dakota Ridge through ponderosa pine stands. It is heavily utilized by runners.

Hawthorne Trail is a steep and difficult trail leading down a narrow gully before leveling to a more moderate incline in to the city of Boulder. Its terminus is at the access just west of Fourth Street on Hawthorne. East Ridge Trail connects the Sanitas Valley Trail to the Mount Sanitas Trail at the north end of the mountain. It is steep and difficult.

Centennial Trailhead, which is just west of the Sanitas Trailhead, accesses the Red Rocks Trail and Anemone Hill Trail. Both trails go south from the trailhead . The Red Rocks trail is 0.6 miles and gains 300 vertical feet. The trail climbs to a ridge, then to the fins of the Red Rocks. After it passes a historic marker, the trail ends at Settlers’ Park (near the Boulder Creek Path). Anemone Hill Trail climbs 0.4 miles up the hill west of the Red Rocks.

If you have questions regarding this article or are thinking you will Buy A Home In Boulder please call me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO. Featured Listings

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April Showers

Posted by Michael Hughes      April 25, 2010

A slow steady storm raised snowpack levels, soaked the Boulder area and was a farmer’s delight. I love the smell after a cleansing Boulder rain.

Up to 30 inches of snow fell near the Continental Divide and most of the Boulder area got between 2 and 3 inches of moisture, said Kyle Fredin, meteorologist for the National Weather Service in Boulder.

It’s already starting to green up with a minimal amount of heat. The moisture has fallen slowly and steadily, giving it time to soak into the ground.

If you have questions regarding this article or are thinking you will Buy A Home In Boulder please call me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO. Featured Listings

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Mortgage Free Spending Spree

Posted by Michael Hughes    April 23, 2010

Are millions of troubled homeowners, without the burden of a monthly mortgage payment, spending their money on other things — and does that explain some of the recent strength in consumer spending? Robert Shiller of the S&P/Case-Shiller Home Price Index and Mark Zandi over at Moody’s Economy.com are telling CNBC the idea has some merit.
Ritholtz at the Big Picture blog called the idea “ass backwards,” and I wondered aloud “is he dyslexic?”
Here’s the truth according to Paul Jacks over at www.housingwire.com : “as unfortunate as it may be, there are in fact many mortgage holders in distress that do fit the spending profile at issue here; but precisely how many? No one really knows, since there isn’t any real data on it. The sense I get from the servicers and loss mitigators I’ve spoken with thus far is that “spending the mortgage” is already quite prevalent among aged delinquencies and in certain geographic locations, and is becoming even more common over time as the number of mortgages “held up” in the default pipeline continues to grow.
Jacks went on to say “In a nascent and fragile economic recovery, choosing to ignore anecdotal evidence simply because it isn’t “rigorous enough for real analysis” is a great way to miss an important trend.”

My take on this. Yes this probably is happening. But this is a double edged sword.  The homeowner has not paid the mortgage in some time and yes they may be spending money in to the economy as well. They are also protecting and caring for the banks’ asset. Much cheaper and more reliable than the bank hiring a caretaker and/or leaving the house vacant which could open it up to vandals, destruction and consequently reduction in asset value.

If you have questions regarding this article or are thinking you will Buy A Home In Boulder please text or call me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO. Featured Listings

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