Category Archives: relocate Boulder

New Years Day Trek

Kitchen Mesa rising 600' from the valley

Jocelyn coming up through the narrows on the rope

Every New Year on the 1st of January we do something awesome. Last year it was a Crossfit (OMG) class in the morning. I am very grateful to have a wonderful home on the north end of  Heron Lake in Northern New Mexico so this year it was Hiking Kitchen Mesa at Ghost Ranch, New Mexico with my girlfriend, my daughters and boyfriends. I have two daughters and love them to pieces however it was the best having guys around (the boyfriends).

Michael, Jessica, Jocelyn and Dan-Shock and Awe at the beautiful panoramic view

Everyone was ready to get out and hike a bit after stuffing ourselves for the past ten days and the noteworthy muffin tops arising from the indulgence. Not really. All of the family is in extreme shape enough so to run marathons, salsa dance for hours, hold yoga positions forever, pursue and receive black belts in Muay Thai Kickboxing, Snowshoe for miles at high altitude and keep horses under control, you get the picture here.

Jessica and Dan

We started out at Vista de Brazos  in the pines of Lake Heron and as we drove south and dropped in elevation down to the desert, we started getting into the reds, oranges, yellows, blues and blacks of the massive sandstone cliffs and mesas carved out by millions of years of water, wind and weather. This was the stomping grounds of one Georgia O’Keefe and I could feel her presence as we viewed Pedernal Mesa as it grew bigger and bigger.

Callie coming up through the narrows

We started out on a very slippery slope of ice shaded by the juniper and pinon trees. We broke in to red mud that added about 10 pounds per shoe. Slogged up the canyon and then at the end of a box canyon there was a rope. Hmm? So we pulled ourselves up the rope about 150 feet to the most spectacular views. I could see in every direction. Some views were up to a hundred miles away. Wow. The whole hiking group made it to the top, my girlfriend Jocelyn had minor trepidation about the narrow and very steep passage with the rope but was a trooper to the top.

I ran part of the mesa. It was energizing, recharging and fantastic to have the family along to enjoy this epic hike on New Years Day. The quiet was, positive, all that is and all that will be good, astounding, inspiring. Now I start the New Year rested, energized, focused and with that Never, ever, ever give up attitude that keeps me going in Boulder luxury real estate. Thanks for the great memories family!

Michael grew up near Santa Fe and is a longtime resident of Boulder and has been with Sotheby’s International Realty since their inception in Boulder County and along the front range.  If you have questions regarding this article or would like information about Boulder real estate or Boulder Luxury Real Estate check out my website. You may also call or TEXT me 303-359-6627 or e-mail Michael Hughes is a Certified Negotiation Expert and full time Realtor at Fuller Sotheby’s International Realty in Boulder, CO.

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Did You Know…

Posted by Michael Hughes—May 24, 2011

The U.S. has accumulated as much debt, $7.13 Trillion, in the past 7 years as it has in its entire history up to 7 years ago-Treasury Department

Through the first 4 months of 2011 the U.S. Stock Market’s value has increased by $1.4 trillion to $16.9 trillion-BTN Research

The top 1% of taxpayers paid an average tax rate of 34.5% in 1980. In 2008 they paid an average tax rate of 23.3%.-IRS

The bottom 50% of taxpayers paid an average tax rate of 6.1% in 1980. In 2008 they paid 2.6%-IRS

Over the last 20 years the value of assets owned by Americans  tripled in value to $71 trillion-Federal Reserve

At the same time over the past 20 years the debt owed by Americans quadrupled to $14 trillion-Federal Reserve

So…the total net worth of Americans is $57 trillion-Federal Reserve

On May 4th the government released a list of 12,217 properties owned by the federal government that are “excessive and unnecessary.” -Civilian Property Realignment Act

Nearly 1 out of 4 of those properties are located in California-CPRA

Boulder real estate home sales had diminished total number of homes sold year over year for 2011. Average price is up 1.1% YOY. Number of days on market is down to 79 days on market or down 2.9%. 71 homes between $720k and $4.15M sold since January 1st 2011 and 63 homes between those price ranges are under contract.

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. 

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Boulder Neighborhoods 105

Boulder Neighborhoods 105 the Outback (be sure to check out Boulder Neighborhoods 101-104 Blog Posts).

If lower taxes, a shorter commute to Denver or Fort Collins, more house for your money and great panoramic views are your thing. This may be just the Boulder real estate ticket for you.

Erie started out as a coal mining town and a small train hub town. This was one of those out of the way towns where there was no church so it brought on a parade of traveling preachers. One such preacher was Reverend Richard Van Valkenburg, civic leader and founder of Erie, Colorado. Since then communities have grown from Arapahoe Ridge, Erie Village and Vista Ridge a golf course community.  Homes range from $250K-over $1 million.   The style ranges from Victorian in Erie village to contemporary in Vista and Arapahoe Ridge.

Schools in Erie are Blackrock Elementary, Erie Middle and Erie High School.

Frederick in the early 1900’s this was a coal town. Firestone has grown up and is one of the fastest growing municipalities in the past 10 years on the front range. The over view of these two communities is that you get a great deal of house for your money. 10 reasons to move your business to Firestone.  This is a fiercely independent community and one that bears a second look if you are a commuter north, south, east or west. Taxes are lower and houses abundant with panoramic views of the front range.

Schools serving Frederick and Firestone are Frederick Elementary, Coal Ridge Middle and Frederick High School and Fort Lupton High School

Dacono is a small town with a bigger town feel. Houses are abundant and in many price ranges, parents looking for low student teacher ratios will find that here. Along with spectacular views of the Rocky Mountain chain.  Butler Elementary, Fort Lupton Middle and Fort Lupton High School

Schools serving Dacono are

Fort Lupton is a rural community situated in southern Weld County along the banks of the South Platte River. The town anchors the eastern side of a triangle with Boulder and Longmont, and is conveniently close to two of Colorado’s major highways. A drive to Denver’s International Airport takes only 30 minutes. Houses are priced lower and with lower taxes and low student teacher ratios this is a great place to call home.

Schools serving Fort Lupton are Butler Elementary, Fort Lupton Middle and Fort Lupton High School

If you have questions regarding this article or have any questions about Boulder, Boulder real estate 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. 

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Boulder Neighborhoods 104

Boulder Neighborhoods 104 (don’t forget to check out my previous blog; Boulder Neighborhoods 101-103)

Rock Creek community masterplanned and embracing homes built for the most part by Richmond. There are also a few gated communities and custom homes within. Rock Creek is located bordering the Flatiron Crossing Mall. Right across the highway from Louisville and very easy access to the Boulder/Denver Turnpike (Highway 36).

Good value and a large selection of newer homes in a wide bandwidth of prices. 594 acres of parks, greenspace and open space. There are free community pools, parks with playgrounds, baseball, soccer and football fields. Miles of groomed paths, ponds, greenways, pocket parks and great schools in the area. Great shopping is abundant and nearby.

Schools in the area are Eldorado Elementary/Middle and Superior Elementary.

The little town of Louisville has been voted for many years by Money Magazine and Fortune to be the quintessential best little town in America in which to reside. Only ten minutes from Boulder and twenty minutes from Denver the options are wide open and the commute is non-existent. The views and paths for bike riding, walking and running are numerous. Surrounded and intermingled with 1,700 acres of open space. The music festival located on Main St. in the downtown pavilion is world class. The town has a history of great little restaurants dotting the Main St area as well. The farmers market is second to none and homes are still pretty reasonably priced whilst holding value. Quality of life is what it’s all about in Louisville.

Schools in the area are Louisville Elementary and Louisville Middle School.

Lafayette is located just north of Highway 36. Waneka Lake, Indian Peaks Golf Course Community; just a few of the neighborhoods within Lafayette.  Lafayette is and interesting mix of old and new. It doesn’t have a clear focus of which direction it wants to go. There are homes available in a very wide range of price. Great views, trails and the Bob L. Burger Recreation Center that sits on 14 acre City Park. Ease of access to the Boulder/Denver Turnpike.

Schools in the area are Alicia Sanchez Elementary and Angevine Middle School. Also Peak to Peak Charter School

Broomfield is located further east and a little south of Lafayette and east of Louisville along the Highway 36 Boulder/Denver Turnpike Corridor.  A scenic trail connects the Stearns Lake and the Josh’s Pond on the west side of town. Broomfield doesn’t really have a clear cut city center. Broomfield is home to some of the cutting edge leaders of high tech. Broomfield abounds in trails, parks and it is home to some of the best youth sports programs in the area. The suburbs can be in the older areas or newer such as the Broadlands. Homes are available in a wide array of price.

Schools in the area are Aspen Creek Elementary/Middle and Legacy High School

If you’re curious or have questions regarding this article, any of the neighborhoods or have any questions about the Boulder area, 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. 

 

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Boulder Neighborhoods 103

Boulder Neighborhoods 103-An Introduction-Check out 101 and 102

Old North Boulder is bridled on the north by Iris and on the east by 19th St, on the south by Balsam and on the west by Broadway. Right in the thick of Boulder real estate without the Newlands price tag. Big trees, quiet, some views of the foothills, some scrapers and numerous renovations and still renovatable properties. Parks, Iris gardens, North Boulder Rec Center and the rather large community gardens all within walking/biking distance of Ideal Market, Vics Espresso, Rada,  Breadworks, Safeway, Buddha Thai Cuisine.

Schools in the area are Crestview Elementary, Foothill Elementary, Columbine Elementary and Casey Middle School

University Hill is bordered by University on the north border and some believe it actually goes to Arapahoe as the north border, Broadway is the eastern edge and 9th St as the western border and then to the south where it completes at Baseline. If you go further south you will start to discover Chautauqua Park. As you head west of Uni Hill it becomes slightly more tranquil. Building here started in the 1800’s up to the 1950’s. Many homes being restored to their former splendor. Some homes being scraped for newer construction. Near world class hiking, climbing, scenery and numerous cultural events being held at Chautauqua auditorium from classical to rhythm and blues. University Hill is tough to beat for a continuing strong investment with a highly desired location.

Schools in the area are Flatirons Elementary and Casey Middle.

Martin Acres is Boulders’ beloved triangle for Boulder real estate bordered by Table Mesa  on the south to Highway 36 Turnpike  to the East and Broadway to the West. What is often called affordable Boulder because you can still buy in for around $400,000.   Residents often gather to celebrate community events, pitch in and help each other with philanthropic projects or wave to one another while cycling on the Bear Creek Bike Path. Convenient, quiet and secluded neighborhood.  Surprisingly great views from many homes’ vantage point.  Shopping is nearby and if you commute to Denver or Golden or want to ski in any of the majors this is very convenient.

Schools in the area are Creekside Elementary and Manhattan Middle School.

South Boulder is considered Table Mesa to the North and Broadway to the east all the way up to the foothills. A large area with older homes, new builds, newer homes, and wonderful views. Some affordable Boulder real estate homes ready to renovate. Easy access to numerous  trails. Because of the Bear Creek Elementary school this is a hot area with parents that want to get there children in to the Bear Creek School district. Convenient, quiet, secluded however close to all amenities. Fantastic up close and personal views of the Flatirons.  Shopping is nearby and if you commute to Denver or Golden or want to ski in any of the majors this is very convenient.

Schools in the area are Bear Creek Elementary and Southern Hills Middle School.

If you have questions regarding this article any of the neighborhoods 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. 

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2011 Boulder Real Estate

Posted by Michael Hughes-Sotheby’s International Realty

2010 was a great year for me personally in Boulder real estate and I have much gratitude. I see many changes as I look into the future. 2011 is going to be better yet. Many possibilities and opportunities will come to pass in 2011.

  • Jobs– Improvement was seen in 2010 in the housing market.  The improvement won’t be dramatic until we see pervasive job growth.  Housing prices will remain stable in Boulder.
  • The “F” word or the “S” word – Foreclosures and Short Sales of course. Boulder has had a few of these, very few comparatively speaking. Short sales and foreclosures create excess supply, artificial low prices and provide downward pressure on pricing. There is very little “shadow market” in Boulder and this is great news.
  • Robust Rental Market-this is great news for potential tenants and will see a saturation of cool rental properties, much to the chagrin of landlords.
  • Interest Rates Will Increase– Interest rates are at nearly 50 year lows.  Rates will rise in the near future. If you don’t get a loan or refinance now, you will wonder why you didn’t take advantage of these rates a year from now and buy that Boulder luxury real estate.
  • Buyers Become Commuters – Many buyers that work in Boulder are willing to buy outside the city and take up the commute.
  • Housing Shortage – Population continues to increase. In Boulder County new housing starts are way down.  There is a continual rise in population in Boulder.  Something’s gotta give.  What this says to me is the builders will be caught with their pants down (except Markel who continues to build) and the shortfall of housing will result in fewer available housing choices on the market for buyers. This of course will happen over time.
  • Did you Know? — Did you know that in Boulder last year between November and January 39 homes over $750K sold?! That is one home every 40 hours. I professionally have had the best year ever! I nurture and care for my clients. Call me today if you need help selling or buying Boulder real estate.

If you have questions regarding this article, have any questions about Boulder or 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.

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Boulder Real Estate Housing Shortage

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

Everyone is focusing on the fact that there are foreclosures and cheap housing to be had; all things being relative that doesn’t really relate to Boulder real estate because we have so few foreclosures. Ok yes we have some foreclosures and some short sales. But everyone is looking “over there” and not looking at the impact of what may likely be the biggest housing shortage of all time.  The thought right now is with fires, teardowns, lack of new builds and worn out properties, we need at least 1.6 million new homes (in the U.S.) right now to just keep up with the population growth. Housing starts are down. The population is growing. When we have job growth; Lookout!

According to RealtyTrac 315,716 properties had foreclosure filings last month. The filings included default notices, auctions and bank repo’s. Mortgage rates are very low. Mortgages are not difficult to find if you have a solid job and good credit. Investors and savvy buyers are snapping these properties up to add to their portfolios. Smart buyers are buying now. When you think of vineyards you think of micro-climates. Boulder is one such micro-climate in the U.S. real estate market. Boulder is the beacon of value and prices staying at a good and sustainable level. Once the job creation is back in place we will have some double digit years of appreciation coming in the Boulder real estate and the Boulder luxury real estate market.

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.

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