Monthly Archives: December 2010

Phantom Strikes Boulder

Posted by Michael Hughes – Sotheby’s International Realty – Boulder, Colorado

Phantom Sculptor strikes again in Boulder. The underground scene is alive and well in Boulder, Colorado. Similar to Boulders’ version of Banksy in London, no one seems to know who the sculptor is. An anonymous statement. Whereas Banksy “graffiti” or “art” is clearly a style of satirical street art and subversive epigrams combined with  irreverent dark humor; no one seems to know what the “meaning” of the sculpture is that was planted in the front of some Boulder real estate late last week.

Does there need to be a meaning to everything? Well not really. It is fun and somewhat whimsical and to Donna Coughlin the Boulder Home owner, a little nostalgic as this happened 23 years ago when a CU artist named Mark Guilbeau dropped a sculpture on to her front lawn and left the same gift; Again this time attached to the base of the sculpture was a round tin box holding a pair of earrings and a note with letters and words cut from a magazine spelling out “We hope u enjoy this thing,” signed with the letters PS. Again the box and the earrings appeared. Mr. Guilbeau was unavailable, as in, not to be found for comment. Coughlin found the similar earrings in a box attached to a sculpture that mysteriously appeared in her front yard more than 23 years ago, in 1987. Click here for the entire story.

Another mystery sculpture has appeared in Boulder. This time, employees at the Boulder History Museum noticed the artwork as they arrived Tuesday morning. It was standing on the front lawn of the museum. A set of earrings in a box attached to it as well. Similar to the Coughlin sculpture.

Boulder is truly an amazing place to live. World class athletes, entrepreneurs, eclectics, a small town feel, close knit community activism and artistic eccentricity to balance it all out.

Happiness is a choice. Joy is a journey, not a destination.

If you have questions regarding this article or have any questions about Boulder or would like information about Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO.

Advertisements

Leave a comment

Filed under best place to live, boulder luxury real estate, Choose to be happy, Family, homes in boulder, leisure, lifestyle, phantom of boulder, public art, random changes, recycle, relocate Boulder, relocating to boulder, reuse, Sotheby's International Realty-Boulder

Boulder Luxury 2011

Posted by Michael Hughes-Fuller Sothebys International Realty

After my buyer clients wrung their hands about the nation’s bad economy, high unemployment rates, the fragile economic recovery, and other catasrophic economic  stories they had seen on CNBC, Fox and CNN or read in this morning’s paper;  I replied with a simple question: “Ok, but how is your personal economy doing?”  After a puzzling look from my clients, I explained that while the nation’s economy is important, it’s not nearly as relevant to them as their own personal circumstances when it comes to buying or selling a home.

In most cases my buyers have solid jobs with excellent incomes, strong savings and investments. With Boulder Luxury Real Estate and home prices bouncing on the bottom in a narrow margin up and down  2%, and mortgage rates near record lows, they were in my opinion in a fantastic position to buy and afford the home of their dreams – most likely in a better position than they will be in the future when interest rates rise and home prices rebound.

Assuming your “personal economy” is reasonably good, it may be time to swallow your fears and take advantage of this window of opportunity and buy a home. Call me today and let’s see if we’re a fit.

  • Boulder—Sales continue to increase with October 2010 showing a 38% increase in over $1 Million sales in Boulder County.
  • The Boulder real estate market continues to be strong.
  • Interest rates while starting to inch up are still pretty low.

If you have questions regarding this article or have any questions about Boulder or would like information about Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO.

Leave a comment

Filed under boulder luxury real estate, buy a home in Boulder, buy home boulder, buy house boulder, Buying a Home in Boulder, buying a home in Boulder CO, Fuller Sothebys International Realty, home for sale in boulder, house hunting boulder, lifestyle, Personal economy, Real Estate Investing, relocate Boulder, relocating, relocating to boulder, relocating to boulder county, Sotheby's International Realty-Boulder

Divorce and Selling Your Home

Posted by Michael Hughes – Sothebys International Realty-Boulder

Once in awhile, the most satisfying days for real estate agent Michael Hughes of Sothebys International Realty in Boulder, Colorado are the ones when he goes to a listing appointment and the homeowner says no he doesn’t want to sell. “I love ‘No’s. Don’t get me wrong I love Yes’s as well but it has to be a good fit for me as well as the divorcing couple.” Says Hughes. First it has to be a good fit for them, a good fit for me and the house has to be a Sotheby’s quality home.

I specialize in Boulder real estate sales related to divorce, a niche I cultivated after my own marriage ended several years ago and I became painfully conscious of the uncertainty and apprehension that can surround this major marital asset.

Going through a divorce is confusing and anxiety inducing. I wasn’t sure of what to do with my house after the divorce and all my friends were giving advice. I love my friends however I am glad I didn’t listen to them as it was some of the worst advice.

I decided that the financial strife that goes hand in hand with divorce must be universal. Any real estate agent who focuses on divorce-related sales not only is going to have to be able to endure a certain amount of pressure and potential friction, but also has to tread a fine line between empathy and business like detachment.

When I started listing and selling houses of couples divorcing, the tendency would be to want to listen (to sellers discussing their marital breakups), after awhile I set my boundaries and realized they needed to talk to therapists not me about their marital strife. I am a Realtor I can help them move on by helping them get their home sold quickly and efficiently. I keep a list of therapists, lenders, insurance agents, mediators and financial planners handy at all times.

I work as a transaction broker.  I represent both divorcees in the sale of their Boulder real estate. Often this requires a double set of every communication and separate and often equal approvals for each decision.

When it is a court ordered sale then it must be done and it is a matter of showing both parties that I can represent them both rationally and safely and that they are both safe. I will not bias to one side or the other as a Transaction Broker ever.

If you are divorcing please give me a call. I can help.

If you have questions regarding this article or have any questions about Boulder or would like information about Boulder Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO.

Leave a comment

Filed under 2011, bolder real estate, boulder luxury real estate, buy home boulder, buy house boulder, Divorce, Great Real Estate Agent, home for sale in boulder, homes in boulder, lifestyle, listing your home, listing your property, Real Estate Investing, relocate Boulder, relocating to boulder, relocating to boulder county, sell home boulder, sell house boulder, selling your home, selling your property, Sotheby's International Realty-Boulder, Tips to sell your home

Time to Celebrate in Boulder County

Posted by Michael Hughes-Fuller Sothebys International Realty

Break out the Champagne or better yet the Screaming Eagle 2004 Cabernet Sauvignon Magnum. According to recent reports foreclosure sales dropped to a 19-month low in the majority of Colorado’s largest urban counties in October 2010. While Boulder real estate and Boulder luxury real estate has not been hit as hard it is still a reassuring report.

Foreclosure public trustee sales fell 38 percent from September to October 2010 as many banks halted foreclosures. Whilst this short-frame picture may not be a proper indicator; the 19 month low is a good indicator with a sufficient amount of substantive data.

Foreclosures are down 38% for Boulder real estate in the County YTD and down 60% YTD for Broomfield County. A substantial drop for both counties and even figuring the bank halting of foreclosures for approximately 11 days this is a very good sign. While the shadow inventory does loom out there it does not seem to be a significant problem that will impact housing prices to lower levels as previously thought.

All metro counties showed decreases in foreclosure sales at auction, comparing year-over-year. The only area there was an increase was in Mesa county coming in with an increase of 35%.

If you have questions regarding this article or have any questions about Boulder or would like information about Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO.

 

Leave a comment

Filed under #1 place to thrive, boulder luxury real estate, Fuller Sothebys International Realty, Great Real Estate Agent, house hunting boulder, house in boulder, Housing market bounce back, investors, lifestyle, Pied-a-Terre, Real Estate Investing, sell home boulder, sell house boulder, Sotheby's International Realty-Boulder

Boulder Luxury Real Estate Market Rallys

Posted by Michael Hughes-Sotheby’s International Realty-Boulder, CO

Buyers snapped up 125 luxury homes in the Boulder area from November 30th 2009 to November 30th 2010 priced at $1 million or more, a better than 21% increase from a year ago (November 2008-November 30th 2009). That is a discernible improvement from a year ago when the luxury market dipped by more than 50 percent. These were all single family homes in the Boulder Luxury Real Estate market in Boulder County. Whether it is a Pied-De-Terre or your family home, it shows that buyers are feeling more confident. When they look at their portfolio they are no longer running for cover. These buyers couldn’t care less about a buyer tax credit. They do care about getting value and feel more relaxed knowing that there is a prosperous and robust luxury housing market in Boulder County.

Realtors specializing in the high Boulder Luxury Real Estate market say more prosperous buyers are taking advantage of sellers eager to slash prices. In addition  near historic low interest rates are abundant. Now don’t expect those interest rates to stay as low as they are. They are already starting to feel upward pressure. Even if they can afford to pay cash, many high-end buyers will put debt on a house in order to shelter money and seek out higher returns with their liquid capital elsewhere.

If you have questions regarding this article or have any questions about Boulder or would like information about Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes at Fuller Sotheby’s International Realty in Boulder, CO.

Leave a comment

Filed under bolder real estate, boulder realestate, Buying a Home in Boulder, buying a home in Boulder CO, Fuller Sothebys International Realty, global housing market, home for sale in boulder, homes in boulder, Pied-a-Terre, relocate Boulder, relocating to boulder, relocating to boulder county, sell home boulder, sell house boulder, Sotheby's International Realty-Boulder