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June 29, 2012 · 3:55 pm

Year of the Dragon-Chinese New Year 2012

Dragons are the free spirits of the Chinese Zodiac. Perfect for Boulder and Boulder real estate. Non conforming, freedom sparks the flame of creativity into the Dragon. Dragons must be free and uninhibited. The Dragon is a beautiful creature, colorful and flamboyant. A Dragon must live in a space that says “I am extremely successful.” An extroverted bundle of power, gifted and utterly irrepressible, everything Dragons do is on a grand scale – big ideas, ornate gestures, big entrances, over-sized hallways, extreme ambitions. However, this behavior is natural and isn’t meant for show. Because they are confident, fearless in the face of challenge, they are almost inevitably successful. Dragons usually make it to the top. However, Dragon people must be aware of their natures. Even though they are willing to aid when necessary, their pride can often impede them from accepting the same kind of help from others. Dragons’ generous personalities give them the ability to attract friends, but they can be rather solitary people at heart. A Dragon’s self-sufficiency can mean that he or she has no need for close bonds with other people. People born in the Year of the Dragon share certain characteristics:  Innovative, enterprising, self-assured, brave, passionate, conceited, and quick-tempered. The Dragons are the free spirits of the Chinese Zodiac. Everything Dragons do is on a grand scale – big ideas and extreme ambitions.   Because they are confident, fearless in the face of challenge, they are always successful.

Michael grew up around 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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Filed under 2012, boulder luxury real estate, boulder real estate, chinese new year, Sotheby's International Realty, Uncategorized, Year of the Dragon

Luxury Real Estate Auction

Concierge Luxury and Ranch Property Auction

Getting luxury properties sold within a set timeframe up until now has been sometimes difficult. The traditional process of placing luxury homes in the Multiple Listing Service and then waiting for months, sometimes years, to locate a buyer has proven inefficient for most sellers. They watch as carrying costs fly out the window as future plans sit in a holding pattern.

Unacceptable!

What we do is sell your property – in 60 days for the highest, market-driven price – and concierge your move on to the next chapter of your life.  As a preferred auction provider to Sotheby’s International Realty®-Boulder, we have successfully represented properties from New York to Hawaii. Our principals know luxury properties and have been involved in the transfer of more than $2 billion in luxury real estate over the past few years.

Building on a centuries-old method for selling the finest art and antiquities, we have married this tried-and-tested strategy with the latest web-based technologies to ensure a truly transparent process for all parties.  Mix in our global marketing reach and we generate worldwide interest, enthusiasm, and results.

We are in direct contact with over 100,000 Luxury Real Estate Buyers and agents across 38 countries and territories. Bottom line is this places us in front of the right qualified buyers and helps establish true market value for the properties we represent.  It’s simple. It’s efficient. It’s sophisticated. And it works.

Michael grew up around 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 Auctioning your property 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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Filed under Boulder luxury property, colorado ranch auction, Luxury property auction, ranch auction, Uncategorized

Jazz on 2nd Avenue-Niwot

NIWOT – Several years ago Howard Treppeda started offering live music and especially jazz at his well known restaurant “Treppedas Italian Restaurante.” Howard is bringing world class acts to Niwot, Colorado on August 20th . Jazz on 2nd Avenue is the first of such Jazz events featuring Henry Butler, Conjunto Colores, CU Jazz Ensemble, Don Grusin, Paul Warburton and Brad Good. The festival starts at 11 am and ends at 8:30 pm August 20th Saturday. 2nd Avenue downtown Niwot. The festival is free and being brought to you by Howard Treppeda and numerous sponsors. More information jazzon2ndave.com

Howard Treppeda grew up around jazz. He brought live Jazz to his restaurant and noticed it attracted aficionados from around the area. Coming from as far away as New Orleans Henry Butler will play in the evening, Grammy winning Don Grusin will play later in the afternoon.

A dream, some guts and a lot of chutzpah. The musicians will perform in downtown Niwot on 2nd Avenue on a stage near Treppedas Italian Restaurante. A Belgian beer garden, an Italian wine tent, an oyster bar, margaritas, face painting and of course a “bike valet” will be available. Parking is available at Niwot High School and a shuttle will take people fans to 2nd avenue.

Howard Treppedas’ goal is to make Niwot a Jazz mecca, it looks like Howards’ dream is coming true.

Michael is a longtime resident of Boulder and one of (FSIR’s)Fuller Sotheby’s International Realty. If you have questions regarding this article, Louisville or Superior 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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Filed under Automated Home Search, boulder real estate, Niwot, niwot jazz, Uncategorized

The “S” Word is much less impacting than the “F” Word!

Posted by Michael Hughes

“The sclerotic process of short sales will become streamlined in the future. Streamlined meaning will take only 2-5 months.”

Are you late on your mortgage payement(s)? Do you have a hardship? Either medical, divorce, loss of job, family issues or any of the multiple others? Why do a Short Sale? That’s easy because it is 5-8 years less (credit) impacting than a foreclosure. Do you qualify? Call me;  in about 20 minutes I will know whether you have a great chance of qualifying or not. Regular Boulder real estate or Luxury Boulder real estate many are in danger of foreclosing because of financial and other hardship.Do you think this will impact the market for sellers and buyers?

A Short Sale as opposed to a Foreclosure is much more advantageous for the Seller. Credit reports typically show it as “settled.” Any tax implications to the seller/home owner should be reviewed by their independent real estate attorney or accountant. A 1099C may be issued for the short fall and is handled somewhat differently than a 1099. Pre-foreclosure or short sale involves the sale of the property by the borrower to a third party for less than the amount owed (short sale) to satisfy the delinquent mortgage, as agreed to by the lender, investor and the mortgage insurer. I underline investor as this is where most of the delay happens. While this is getting better all the time due to delegated authority to the lender. Short sales are getting faster and there is no reason to go into foreclosure. Together we can explore all options to foreclosure: Refinance, Financial Counseling, Modification, Short Sale, Deed in Lieu and lastly the “F” word Foreclosure.

If you or anyone you know are 30 days or more late on your/their mortgage payment call me or give them my name and number lets see if we’re a good fit.

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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Filed under bad credit, Boulder Short Sale, foreclosure, Loan Modification, Uncategorized

Boulder Neighborhoods 101

Boulder Neighborhoods 101

People choose Boulder real estate because of its proximity to the mountains, the views, the clean air, world-class trails, outdoor sports and a great place to meet people and raise a family. The neighborhoods; Dakota Ridge, Holiday, Wonderland Hill, Crestview, Silver Maple, Newlands, Whittier, University Hill, Martin Acres, South Boulder, Rock Creek (Superior), Louisville and Lafayette.

Dakota Ridge is bordered on the east by Broadway jogs northward from Lee Hill Road along the western border (the foothills open space) and goes north until it hits the open space plateau.

Dakota Ridge boasts good values in Boulder real estate, it offers a high quality of life and access to open space trails and road bike access. Only a short distance from the Uptown Broadway Shops and Restaurants. This part of town was a little dicey but has had a nice turnaround. The new shops, coffee shops and restaurants have added to the eclectic mix in this neighborhood. Can you say outdoor sports; Mountain biking, Road cycling, Trail running or go for a hike. Then settle in at Amante’s for an authentic Italian Espresso.

Schools in the area are Foothill Elementary and Centennial Middle.

The Holiday area is where the Holiday drive in theater used to be. The marquee still exists to this day just off of 28th St (Highway 36). Holiday is hip. Numerous green built homes, condos and mixed use dot the landscape. It’s a newer community so the landscaping is not extremely mature and lush.  Similar to Dakota Ridge for Amenities. New urban near Amantes and trail heads.  Outdoor lights are energy efficient low level emitting so the stars are numerous.

Schools in the area are Foothill Elementary and Centennial Middle.

The Wonderland Hill area is bordered to the west by the foothills and Broadway is the eastern boundary. The southern boundary is Linden. The north boundary is Wonderland Lake where the trailhead is located. Big lush trees, winding wide streets. Many older homes ripe for remodeling.  Many hidden trails and paths in Wonderland. Many homes built in the 70’s are being updated.

Schools in the area are Crestview Elementary and Centennial Middle.

Crestview area is east of Broadway east to 28th (Highway 36) Violet is the north boundary and Sumac to the south. Crestview typically has larger lots and mature lush landscaping. Older homes and some great renovations happening. Opportunity knocks with a larger lot. A quieter neighborhood with larger lots.

Schools in the area are Crestview Elementary and Centennial Middle.

Newlands is bordered a little north of Hawthorn on the north and extends all the way to Alpine to the south. Broadway is the eastern border and the western border is the foothills around 3rd and 4th Street.  Newlands remains one of the most popular areas and the prices show it. It’s a quick walk to Community Shopping Plaza, Ideal Market, Vic’s Coffee (don’t miss the Sunday afternoon live jazz), Radda Trattoria, Breadworks’ and many more shops and restaurants. North Boulder Park is great for winter time cross country. A path quickly forms when the snow flys.

Schools in the area Foothill Elementary and (Newly Renovated) Casey Middle.

If you have questions regarding this article any of the neighborhoods or have any questions about Boulder 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 at Fuller Sotheby’s International Realty in Boulder, CO.


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Filed under dakota ridge, neighborhoods, Uncategorized, wonderland lake

Are you Chasing or Leading the Market?

Posted by Michael Hughes

Overpriced Boulder real estate listings don’t sell in this market. There’s no margin for error when selecting a list price. Price it too high, the market will pass you by.

Many sellers say; let’s test the market. What’s the harm in pricing high? You can always come down. If you price it high, you will end up with a lower selling price.

Given today’s market conditions, buyers are more cautious about home purchases and they are looking for value. There is more emotion involved in a home purchase than in most other business negotiations. Home buyers need to feel emotional about a property before they make an offer. Buyers are concerned about overpaying in a soft market. It’s hard for them be enthusiastic enough to make an offer if a listing is priced too high. A listing that looks great to them at the right price will not be appealing if it is overpriced.

Overpricing your home will get you this:

  • Little to no showing activity. Studies have shown there is a direct correlation between the showings a listing receives and time it takes to sell.
  • Your home will not be shown to buyers if it’s priced too high
  • No offers will be made
  • Your house will sit on the market and buyers will start wondering “what’s wrong with it”

Your Boulder real estate is most marketable when it’s new on the market. So capitalize on this enthusiasm by presenting a great product that stands out at the right price. Lead the market, don’t chase it.

The market is always changing you may find that your list price may well be too high soon after your Boulder real estate is on the market. Many sellers object to lowering their price too quickly. They’re afraid they’ll leave money on the table. However, the best time to lower your price is as soon as you discover that the price is high. This may come in the form of feedback from potential buyers and Realtors. Feed back is invaluable. Leaving your home on the market too long at a high price can cost you money if prices decline. After your Boulder real estate is on the market, keep an eye on your competition. Are other homes around you selling as your home sits? Ask your agent to keep you informed about listing activity in your area. Find out which listings are selling and which aren’t. How does your Boulder real estate stack up in comparison? Great article on the 6 things that turn home buyers off and what sellers can do about it.

Price it right from the start. Lead the market, don’t chase it.

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.

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Filed under price, right price, sothebys international realty, Uncategorized