House Einstein Office Nears Completion + Market Update

by Osman Parvez
Business Update

Our new office is almost ready to open. 

"Coffee is for Closers" - Marley
Late last summer, we began remodeling the new office. The process has been slower than expected, due to limited contractor availability and lengthy lead times for furnishings. The labor shortage is real, people. 

Thankfully, the end is nigh! Last week, we had a soft open and have already held several business meetings in the space. When the rest of the furniture arrives and the signage is complete, we'll host a grand opening. Look for it in early to mid November.  

One of the most exciting aspects of the new office: we will feature a rotating slate of local artists, who may use it for receptions and as a gallery. We're also planning community events, including a reboot for our popular Boulder Real Estate Meetup.

More later. Stay tuned.  

Market Update

As we've been advising our clients, the market is cooling and has been been cooling for some time. That doesn't mean prices aren't still rising, they are. The median sale price in Boulder rose over 4% last quarter, while simultaneously sales volume fell nearly 10%. Highly desirable properties are still experiencing bidding wars (see notable sales), although some of this is due to Brokers intentionally pricing below the market price (another common west coast sales tactic, now hitting our local market). 

If you're a client (or interested in becoming one), don't hesitate to reach out to us personally. We're always happy to sit down with you to discuss market conditions, investment strategies, and local politics.  Ok, maybe not local politics.  

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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties.   We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate. 

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.