Friday, August 08, 2008

What's Really Happening in the Boulder Market?

by Osman Parvez
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A comment appeared yesterday. I thought it was a good one, deserving to be unearthed from the dark depths of the comment archives and shared.

Anon wrote,
"The blog has been interesting this summer. I like the new wider topic areas. However, I think the main purpose - analyzing the local RE market - has been largely ignored the last few months. Frankly, the insight and market insider knowledge isn't there, and three monthly reports float in a month after the month in question ends. I complain only because I find this info very interesting and useful. What's really going on in the Boulder market?"
Largely ignored! Are you kidding?

Every month, The House Einstein Report is distributed to clients and friends. Usually, I email it on or before the 15th, only a few days after the raw data becomes available. The report contains five charts for each local market; Boulder, Boulder AD, Superior, Louisville, Lafayette, Longmont, Broomfield, and Erie. This past month was a quarterly report, so I also included a foreclosure update and the updated Indexes. You won't find a better source of information about our local market.

Maybe the problem is distribution.

Your comment is timely because I'm rethinking how I distribute the report. Making it available only by request has positives, but the wider distribution that results from posting it freely might outweigh that. One negative is that our competition will then also has free access to it. But on the other hand, given that we'd love to have the best agents from our competitors join our firm, maybe that's a good thing.

The time has come to make some changes. In the spirit of openness and to better educate all buyers and sellers of real estate in our region, we're going to move to a more open distribution model. You can download the latest Report HERE. Happy reading.

p.s. And don't forget to give us a try when you're ready to buy or sell property. You'll be glad you did.


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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. 

1 comment:

  1. Osman, I should have sent you my email address a long time ago, the report was very informative. The most striking stat. to me was the low inventory. Obviously, if you don't have to sell, you're not!

    Did you see the Fannie Mae press release today: They are ending all alt-A lending by the end of the year! This IMO is very significant. Self employed, small business owner, 1099 of any sort, bye bye!!Me thinks the qualified buyer pool just shrank substantially.

    I vote for publishing your reports to the blog. I have certainly enjoyed some spirited exchanges here in the past. Don't worry about your competition, the quality of your analysis and insight is so far above your peers that you will have nothing to worry about. Only the strong will be standing when this is said and done, which is a much needed adjustment in your industry.

    Regards,

    ReplyDelete