Boulder Summer Events, Hidden Asbestos & Market Trends | Podcast #120

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Like paradise upon this earth, it's wonders to
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behold. A gateway to the wilderness where all
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my dreams unfold. The changing of its colors
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as the clouds go floating by above the rocky
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mountains in the Colorado sky. The mighty river
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flowing in the valley of the pine. The shooting
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star in meadows on a summer's day so fine. The
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forest is alive with song. I watch the bluebirds
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fly above the rugged landscape in the Colorado
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sky. The seasons change so quickly yet its precious
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soul remains as wind does bring the snowfalls
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there upon the mighty plains to see the snow
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-capped mountains with their peaks that reach
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so high beneath the fiery sunsets in the Colorado
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sky. And that is a poem called The Colorado Sky
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by Andrew Blakemore. And with that, welcome to
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House Einstein podcast number 120. And with me
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is Hamish Crabb. I'm your host as well, Osman
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Parvez. I've got like some peaceful piano music
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to the back of that poem. It adds to the imagery
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there. It's really solid. Okay. All right. I
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look forward to hearing it when it's done. Oh,
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yeah, I can add some into maybe are you just
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imagining the peaceful music? Is that what you're
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saying? Yeah, just in the back of the podcast.
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I've got some like little classical playing,
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but yeah, it's really fitting. Yeah. Well, it's
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fitting for the topics of this podcast because
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for the closing table, which is the core topic
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for the house Einstein podcast, we're going to
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be talking about Boulder summer and all of the
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things that happen in our community. We have
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chosen 15 of them and rank ordered it. Rank ordered
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them so that we can we can share with you what
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the most desirable things to do this summer here
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in the Boulder area are. Our rankings are rankings
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and we're going to save the best ones for last.
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And I think. please pitch in and we'll say it
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more on the closing table but we want to hear
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yours too and if there's any that we missed yeah
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absolutely And before we get started, there's
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a few things that we need to mention to you.
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This podcast is sponsored by the House Einstein
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brokerage, but it is separate and distinct. If
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you're a client of the brokerage and would like
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advice on your specific real estate situation,
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please reach out to us. We are more than happy
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to help you. You can find us at HouseEinstein
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.com. And if you're a listener to this podcast,
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and in particular, you're not a client, please
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do not make any estate or other decisions on
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the basis of what you hear, this podcast is entertainment.
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And with that, let's jump into our topics. Yeah.
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The rest of our topics. If I sound a little fuzzy
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brain, it's because I'm a little bit sleep deprived.
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Um, I don't know why I didn't sleep very well
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last night, but I didn't sleep very well. So,
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uh, you may get a little bit of a meandering
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Osmond in today's pod. Uh, We're going to talk
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about the Boulder Boulder. I think we're still
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off the back of that in our Memorial Day festivities
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too. You know, it was a very festive Memorial
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Day, but now we're back at it and in the trenches.
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And speaking of which, we'll have a tail from
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the trenches after we do our closing table topic.
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And then I will walk you through the most recent
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analysis of what's been happening in the market.
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through the end of April. I know we're about
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to end May, but data is not quite accurate for
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at least a full week at the end of the month.
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So we'll be doing another one of these in the
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next couple of weeks with the most recent data,
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but this is enough to give you a good glimpse
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or understanding of what's been happening in
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our local market. And then we'll be hitting up
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sales of the week, or rather lessons from sales
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of the week, and this week we'll be covering
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the following properties. 9578 Mountain Ridge
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Drive, 751 Grant Place, 2360 Balsam Drive, 14754
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Creekside Lane, 8438 Hygiene Road, and 903 Hoover
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Ridge Circle. And we have a little segment that
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follows that that we call shameless self -promotion.
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For those of you that are my age or perhaps even
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a bit older, that is a direct stolen segment
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that used to exist in a NPR show called Car Talk,
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which was really popular in the 80s and 90s and
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syndicated probably. nationwide, and it always
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used to entertain me. And so we've stolen that
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name. We're going to give you a little shameless
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self -promotion of either a client that's buying
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or selling or some other aspect of the services
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we offer at House Einstein. And then we're going
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to talk about the news. And in the news, Hamish
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has got on our docket the Boulder Boulder that
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just passed and trail shuttles are back. We're
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also going to be talking about some restrictions.
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on the trails for mountain bikers, and then more
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coverage of the ongoing battle between MLSs and
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Zillow, this time with some news out of Chicago.
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And then Hamish, what are you talking about for
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your carve out? I've got this photographer, which
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I stumbled upon through YouTube, Noah Kalina,
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and I'm probably just going to cover him and,
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you know, he kind of talks about the creative
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process. So probably a good little discussion
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piece there. And you Oz. I'll be discussing some
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of the limitations of AI when it comes to diagnostics.
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And I'll leave it at that. It's been a bit of
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an adventure and boy, it can lead you down the
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primrose path to the wrong conclusion. And I'm
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gonna share that. not just for health issues,
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but also for automotive diagnostics, both of
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which I've been led astray by AI this past week.
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So we'll share with you our AI horror stories
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from my own life. And that will be the end of
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the House Einstein podcast. So that's our docket
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for today. Thank you so much for joining us.
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We deeply appreciate your feedback and your comments.
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And hopefully we will do our best at entertaining
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you. Hopefully you shall be entertained. You
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have no choice. You will be entertained. That's
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what's about to happen. Entertainment. This podcast
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is sponsored by House Einstein. We serve buyers
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and sellers in Colorado, focusing on Boulder,
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Denver and several mountain resort towns, including
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Breckenridge and Winter Park. Our mission is
00:07:05.819 --> 00:07:08.220
simple. Help you make a smarter real estate decision.
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You can learn more at HouseEinstein .com or our
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YouTube channel. where you'll find videos on
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neighborhoods, specific listings and much, much
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more. um the smell in the air you just want to
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get out and do stuff um so i'm kind of really
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glad we're recovering this is our closing table
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well having lived here for over 20 years now
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i can tell you that we kind of get used to it
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as well like colorado is magical year -round
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but there's something about late spring and into
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the summer and then into the early fall that
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just delights the imagination It is in one's
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mind eye you see these starry skies and cool
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nights. You see these beautiful blue sky days
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and the backdrop of the mountains or you're in
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the mountains and hiking and camping and doing
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all these adventurous things. On the front range,
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particularly centric to Boulder, there is so
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much going on. And I feel like it would be helpful
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to our audience just to hear our take on what
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they might want to consider attending and also
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our ranking of the best stuff for the summer
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to come. And I just realized we missed a pretty
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big one. So let's jump in. Should I save it for
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last or should I bring it up now? Oh, I don't
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know. Up to you. 4th of July, like firework shows.
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Oh, we didn't put those on our list. That's pretty
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key. Boy, where would it rank? Let's, well, we're
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starting with it. So we're going to call that
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number 16. Fourth of July, Independence Day,
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Firework Shows. So Hamish, you may have more
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experience with this than I do in attending these,
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because I didn't grow up in Boulder. Yeah, I
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really only have like the Broomfield ones. So
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I can like lend a lot to that. I think you've
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probably attended a few of the Boulder ones.
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The Broomfield one at least, it's held on the
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Broomfield Commons. It's like this massive kind
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of open space complex that they've got. And I
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mean, It in itself is a bit of a party. They've
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got live music, food trucks, all sorts of things.
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And everybody kind of pitches a blanket on the
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field or, you know, a little gazebo and sits
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and watches this. I think it's reasonably grand
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fireworks show. But then there's also a lot of
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competition, I think, between cities for who's
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got the best fireworks show. So, you know, I
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would say that's very true. And here in Boulder,
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what our tradition has been Has been to throw
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our camping chairs on our backs and walk up to
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Kohler Mesa from South Boulder. So we'll hike
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up through through Table Mesa and into onto Kohler
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Mesa and just below Enchanted Mesa, which is
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right on the backside of NIST. The views are
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just stupendous and you can see both Folsom Field
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and you can see long months fireworks display
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way off in the distance. And so that's always
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been a fun picnic that that my partners and I
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have done and enjoyed a little adult beverage
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not technically not allowed. But these are the
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things that adults sometimes get away with. It's
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an independence day. It's an independence day.
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Right. Like it's pretty much a known thing. Right.
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This is not a crazy party. This is a a subtle
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classy experience that combines a little bit
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of hiking with gorgeous views and an evening
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picnic with your loved ones. And there are lots
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of other families and couples doing that. You'll
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also see people doing that in the field behind
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Chautauqua. So if you were to hike up Chautauqua
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and Chautauqua Meadow, you'll see lots of people
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also. Breaking the rules and throwing down a
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blanket on the open space and enjoying an adult
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beverage and a picnic while they watch the fireworks
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show So that's you know, that's it's sort of
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funny. I've never actually seen the fireworks
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show from inside Folsom field I've only seen
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it and that's where it is for Boulder Yeah, that's
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where it is in Boulder. And then there's also
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other events happening. Jamestown, for example,
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has a really fun Independence Day party in the
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little park in the town. And it is just it's
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in years where there's not high fire danger.
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There are fireworks, but there are lots of other
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things going on like log splitting contests and
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live music. And it's way smaller and lower key.
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So that's a hidden Event that's a pro tip I probably
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shouldn't even be be talking about it on the
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pod because it really is a locals thing and it's
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a very cool alternative to a much larger event
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so if you if you've done Folsom field or Broomfields
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fireworks show or long months and you sort of
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want something a little different I would definitely
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go check out the one in Jamestown. It is a lot
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of fun. I think and you know, we've got 16 to
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get through but as to your like I think this
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year I'm probably going to do something pretty
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similar to it sounds like your tradition. Like
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I'd love to go up to somewhere where I can kind
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of see all of the city's fireworks shows at once.
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And, um, you know, I don't think I've seen boulders,
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so maybe I'll, I'll be up on Kohler Mesa as well.
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But, um, pretty, pretty special. I think, yeah,
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really neat. It's a nice place to go with friends
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or a date. Um, it's a really, uh, it's, it's
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a different way to experience it. And of course,
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you know, the kids, I say the kids, but they're
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often CU students and high school kids are, are
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going to almost certainly get fireworks. And
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that's always distressing, uh, to, for the people
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with pets that are sensitive to it. And I don't
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know what else to say. I don't like it either,
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but that's one of the negatives of, of the Independence
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Day experience that there's a lot of, uh, there's
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a lot of neighbors that get fireworks. So it
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is what it is. And I, I don't think that's going
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to change. But if you are into the public displays
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for fireworks, they are very cool ones here in
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Colorado. The sanctioned ones. The sanctioned
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ones. OK, number 15, farmers markets. They've
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already kicked off. They kicked off in the spring,
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and they continue through the summer and into
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the fall. We have them. Pretty much every city
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has a farmers market. Niwot, Boulder, Longmont,
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Lafayette. Nywatts is on Friday. Boulder has
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it on Wednesday and Saturday. Longmonts, which
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is at the fairgrounds, is on Saturday. And Lafayette's
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is on Sunday. It's a great way to experience
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our local agriculture as well as get farm -to
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-table quality food. And it is just a delightful
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experience here in the summer. I will say that
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Boulder's is really popular. And it's popular
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both with the locals and with people visiting
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Boulder. So... For many years it was a tradition
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anytime we had a visitor Stay with us we would
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take them to the farmers market on Saturday morning
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because you catch a little live music you get
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to experience a little art a little farmers market
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stuff and And it's just a fun thing to do in
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the summer. Yeah with all these days, I mean
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If you're into fresh produce, I don't think there's
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an excuse, given how many cities are running
00:14:34.190 --> 00:14:37.970
one. Or fresh meat, right? There's not just the
00:14:37.970 --> 00:14:42.909
produce. There's local grass -fed local ranchers
00:14:42.909 --> 00:14:45.730
with box freezers of their meat products. There's
00:14:45.730 --> 00:14:48.710
cheese products. It's lots of... I mean, it's...
00:14:48.429 --> 00:14:51.049
OK, it's not cheap. I'm going to say that if
00:14:51.049 --> 00:14:52.769
you're looking for a deal, you're paying that
00:14:52.769 --> 00:14:55.389
premium, you're paying a premium to buy it directly
00:14:55.389 --> 00:14:57.070
from the farmer and you're really supporting
00:14:57.070 --> 00:15:00.250
these small businesses, small agricultural operations.
00:15:00.330 --> 00:15:01.710
So the right way to think about it is you're
00:15:01.710 --> 00:15:05.090
getting extremely fresh, high quality local content,
00:15:05.090 --> 00:15:09.350
content, produce and agricultural goods directly
00:15:09.350 --> 00:15:12.409
from the farmer themselves. And that that means
00:15:12.409 --> 00:15:15.450
something. So we are strongly in favor of farmers
00:15:15.450 --> 00:15:19.330
markets. Yeah, big time. There's a... Broomfield's
00:15:19.330 --> 00:15:21.190
got one too. I mean, just having grown up there,
00:15:21.289 --> 00:15:23.889
I feel like I have to shill a little bit. I don't
00:15:23.889 --> 00:15:25.889
know exactly when it is, but it's like right
00:15:25.889 --> 00:15:29.289
off of 287. And compared to the other ones I've
00:15:29.289 --> 00:15:32.309
seen, I'd stick to these guys. Yeah. Okay. Stick
00:15:32.309 --> 00:15:35.730
to the ones not Broomfield. Yep. It's so tiny.
00:15:36.350 --> 00:15:40.110
Yeah. All right. So number 14. This just passed.
00:15:40.149 --> 00:15:43.289
So if you're listening to this, this is mostly
00:15:43.289 --> 00:15:45.570
for next year, but the Boulder Boulder and Creek
00:15:45.570 --> 00:15:49.080
Fest... is a giant party in our city on Memorial
00:15:49.080 --> 00:15:51.820
Day weekend every year. And this year they actually
00:15:51.820 --> 00:15:55.039
sold out the running slots. So if you did not
00:15:55.039 --> 00:15:58.379
sign up in advance, you were out of luck because
00:15:58.379 --> 00:16:00.820
they ran. They were at full capacity for the
00:16:00.820 --> 00:16:04.720
Boulder Boulder 2026. It is so much fun whether
00:16:04.720 --> 00:16:07.960
you're running or walking or even if you're,
00:16:07.960 --> 00:16:11.000
I think, being pushed in a wheelchair. It is
00:16:11.000 --> 00:16:15.830
an amazing experience. The positivity. the costumes,
00:16:15.990 --> 00:16:19.570
the playfulness, the whole city celebrates this
00:16:19.570 --> 00:16:21.090
event. I mean, yes, there are some people on
00:16:21.090 --> 00:16:23.710
Reddit that will complain about the lack of ability
00:16:23.710 --> 00:16:25.870
to exit from their apartment for a few hours.
00:16:26.009 --> 00:16:28.629
There are inconveniences to suddenly having 70
00:16:28.629 --> 00:16:32.340
,000 people partying in your city. which we're
00:16:32.340 --> 00:16:35.139
going to have every day during Sundance. So I
00:16:35.139 --> 00:16:37.159
guess get used to it. It'll happen in February
00:16:37.159 --> 00:16:38.840
too. I don't know if it'll be anything like the
00:16:38.840 --> 00:16:41.139
Boulder Boulder, but the Boulder Boulder and
00:16:41.139 --> 00:16:44.460
Creek Fest, which is downtown, it's arts, it's
00:16:44.460 --> 00:16:48.100
food, it's music, are a big part of the kickoff
00:16:48.100 --> 00:16:50.639
to summer. And that just happened here in Boulder.
00:16:51.460 --> 00:16:53.539
I think my faux pas has always been I'll attend
00:16:53.539 --> 00:16:57.740
the Boulder Boulder and then I think be so tired
00:16:57.740 --> 00:17:01.759
or either just Done that I didn't even think
00:17:01.759 --> 00:17:03.620
to like go to the Creek fest or anything like
00:17:03.620 --> 00:17:07.359
that and I saw it on a friend's Story recently.
00:17:07.359 --> 00:17:09.720
I was like that looks like a whole party. What
00:17:09.720 --> 00:17:12.640
why am I missing out on that? So I plan to go
00:17:12.640 --> 00:17:15.130
next year. Yeah I think it's a lot of fun for
00:17:15.130 --> 00:17:18.970
kids to the the the the rides they have look
00:17:18.970 --> 00:17:22.470
like a blast. And so it's a family friendly event
00:17:22.470 --> 00:17:24.529
that happens all weekend. And I'm going to add
00:17:24.529 --> 00:17:26.869
one more piece that the boulder boulder is not
00:17:26.869 --> 00:17:29.730
just a race at the end of the race. There is
00:17:29.730 --> 00:17:33.279
a ceremony. Every year there are new recruits
00:17:33.279 --> 00:17:35.579
for all of the armed forces who take the oath
00:17:35.579 --> 00:17:39.660
of service. There's a remembrance of important
00:17:39.660 --> 00:17:42.119
veterans who've passed and their contributions.
00:17:42.500 --> 00:17:46.640
There's a flyover. There are skydivers who dive
00:17:46.640 --> 00:17:51.619
into Folsom Field. It's not just a party. The
00:17:51.619 --> 00:17:53.779
end of the ceremony is very, very touching and
00:17:53.779 --> 00:17:56.000
meaningful to remember those that have given
00:17:56.000 --> 00:17:58.200
up their lives in service to our country. And
00:17:58.200 --> 00:18:01.390
that I think is an important piece of the whole
00:18:01.390 --> 00:18:03.930
experience of Memorial Day weekend here in Boulder.
00:18:04.809 --> 00:18:09.930
Yeah. Good point. Missed the flyover this year.
00:18:10.150 --> 00:18:13.170
Did you get to see it? I did. And it was sort
00:18:13.170 --> 00:18:15.750
of funny because it's always been, as far as
00:18:15.750 --> 00:18:18.150
I can remember, it's always been fighter jets.
00:18:18.750 --> 00:18:21.990
And this year it was a single C1. It was a single
00:18:21.990 --> 00:18:25.569
C -130 and I'm like, are all of our fighter jets
00:18:25.569 --> 00:18:28.410
like somewhere else right now? What's happening?
00:18:28.609 --> 00:18:30.630
But that might be the case. So it was kind of
00:18:30.630 --> 00:18:32.690
funny to get the C -130, but still, I mean, very
00:18:32.690 --> 00:18:34.910
cool to have that flyover. And those things roar.
00:18:35.470 --> 00:18:39.250
There is such a unit of an airplane anyway. They're
00:18:39.250 --> 00:18:44.160
kind of neat. Absolutely. Yeah. OK. Number 14,
00:18:44.660 --> 00:18:47.059
Arts in the Park. So, boy, there are so many
00:18:47.059 --> 00:18:48.740
of these events in the city. So this is right
00:18:48.740 --> 00:18:52.160
at the Bandshell and the Boulder Ballet and Symphony
00:18:52.160 --> 00:18:54.680
have multiple dates. Some of them are coming
00:18:54.680 --> 00:18:56.940
up right away. So the Boulder Ballet is performing
00:18:56.940 --> 00:19:00.460
on the 30th of May and the 31st of May. The Boulder
00:19:00.460 --> 00:19:03.000
Symphony is performing July 4th. These are free
00:19:03.000 --> 00:19:07.380
events. They're right downtown. practically adjacent
00:19:07.380 --> 00:19:11.440
to the Dushanbe tea house and lovely ways to
00:19:11.440 --> 00:19:14.059
spend the evenings here in Boulder. And then
00:19:14.059 --> 00:19:15.900
there's a whole bunch of other community performances
00:19:15.900 --> 00:19:20.319
and events that I will put a link to the description.
00:19:20.400 --> 00:19:22.380
But if you want to see what the Banshell is supposed
00:19:22.380 --> 00:19:25.099
to be for, this is arts in the park is a great
00:19:25.099 --> 00:19:29.400
way to experience that. Anything to add there,
00:19:29.500 --> 00:19:33.039
Hamish? I've just, yeah, I rarely, if ever, see
00:19:33.039 --> 00:19:37.430
the Banshell utilized. It's cool to see that
00:19:37.430 --> 00:19:42.009
happening, you know? Yeah. All right. I have
00:19:42.009 --> 00:19:46.809
to attend one. Our next one is the Colorado Music
00:19:46.809 --> 00:19:49.829
Festival. So from for a full month, from July
00:19:49.829 --> 00:19:52.329
9th through August 9th, there are performance
00:19:52.329 --> 00:19:54.769
after performance that you can check out and
00:19:54.769 --> 00:19:57.230
catch and enjoy. And we will that how many years
00:19:57.230 --> 00:20:00.069
has the Colorado music festival been going on
00:20:00.069 --> 00:20:01.829
it's sort of astounding, you know We only have
00:20:01.829 --> 00:20:04.329
a city of a hundred thousand people and or a
00:20:04.329 --> 00:20:06.369
hundred and seven thousand or so and we have
00:20:06.369 --> 00:20:11.210
such a lineup of amazing performers That you
00:20:11.210 --> 00:20:14.690
can enjoy Right here in the city. So we'll put
00:20:14.690 --> 00:20:17.470
a link to all of those. Are they all in the same
00:20:17.470 --> 00:20:19.089
venue? I don't think so. I think they kind of
00:20:19.089 --> 00:20:21.430
move around it. What are the venues? It looks
00:20:21.430 --> 00:20:23.970
like I'm trying to find that the age of the the
00:20:23.970 --> 00:20:27.289
festival, but it might be a more pressing question
00:20:27.609 --> 00:20:31.650
I mean, there's a lot of details here. I mean,
00:20:31.690 --> 00:20:35.289
the ticket prices are very reasonable. And you've
00:20:35.289 --> 00:20:38.630
got like Canadian brass, free family concert,
00:20:38.809 --> 00:20:44.549
Tchaikovsky. Yeah, some really cool ones. They're
00:20:44.549 --> 00:20:48.009
at Chautauqua Auditorium. Oh, cool. And are they
00:20:48.009 --> 00:20:52.289
only at Chautauqua Auditorium? No, I think they're
00:20:52.289 --> 00:20:54.509
in a couple of different spots. This is one of
00:20:54.509 --> 00:20:56.369
the interesting things about our city is that
00:20:56.369 --> 00:21:00.089
you get, you get interactions between CU and
00:21:00.089 --> 00:21:05.950
Chautauqua and city owned venues on the regular.
00:21:06.250 --> 00:21:08.349
Like these types of things typically are multiple
00:21:08.349 --> 00:21:10.349
spots, but I'm not actually sure. So I'm like
00:21:10.349 --> 00:21:12.049
flip it to the website to try to, maybe you could
00:21:12.049 --> 00:21:15.250
flip through it Hamish while I hit the next one.
00:21:15.369 --> 00:21:17.970
See where they're located. It can do it. All
00:21:17.970 --> 00:21:20.329
right. So this one is more of a hidden locals
00:21:20.329 --> 00:21:23.839
event. Number 11. and that's the El Dorado Springs
00:21:23.839 --> 00:21:28.319
Pool. If you've never been, it is worth it for
00:21:28.319 --> 00:21:31.680
the scene. The price of entry is very reasonable,
00:21:32.539 --> 00:21:34.720
and on a hot summer's afternoon, on a weekend,
00:21:34.839 --> 00:21:38.660
going up there to enjoy the pool and the vibe,
00:21:39.160 --> 00:21:41.920
it's 25 bucks for adults and teens that are 13
00:21:41.920 --> 00:21:44.299
and over, 15 bucks for children that are 12 and
00:21:44.299 --> 00:21:46.940
under, they've got a snack bar that now has beer
00:21:46.940 --> 00:21:51.190
and wine, and it's just... It feels like a throwback
00:21:51.190 --> 00:21:52.730
like what you might expect the world to have
00:21:52.730 --> 00:21:56.450
been like in the 1950s when oh, yeah public pool
00:21:56.450 --> 00:21:58.710
was kind of the highlight of outdoor entertainment
00:21:58.710 --> 00:22:01.250
and And that's what it feels like so what we've
00:22:01.250 --> 00:22:03.529
done in the past is actually ride our bikes Right
00:22:03.529 --> 00:22:05.970
from Boulder to the Eldorado Springs pools kind
00:22:05.970 --> 00:22:08.309
of make a round -trip adventure out of it bring
00:22:08.309 --> 00:22:12.299
our towels and and obviously we're in our bathing
00:22:12.299 --> 00:22:15.240
suits. And it's just a cool experience when to
00:22:15.240 --> 00:22:17.700
see this venue and think about how long this
00:22:17.700 --> 00:22:20.839
thing has been in operation. I think it goes
00:22:20.839 --> 00:22:23.720
back a really long way because for a while this
00:22:23.720 --> 00:22:28.759
was part of that health. There was a period of
00:22:28.759 --> 00:22:32.519
time. when Colorado saw a lot of people coming
00:22:32.519 --> 00:22:36.559
here for treatment of tuberculosis. And there
00:22:36.559 --> 00:22:39.720
was the sanitarium here in Boulder. And I think
00:22:39.720 --> 00:22:41.960
this is also of a very similar vintage. So it
00:22:41.960 --> 00:22:44.799
looks like it first opened in 1905. And people
00:22:44.799 --> 00:22:48.279
were coming to soak in the healing waters of
00:22:48.279 --> 00:22:51.700
the springs. And so a pool was built. The hotel
00:22:51.700 --> 00:22:54.579
was built and it's to see that still in operation
00:22:54.579 --> 00:22:56.819
today is really something. So we'll put a link
00:22:56.819 --> 00:22:59.000
to the to the history of the resort. It's worth
00:22:59.000 --> 00:23:01.519
checking out. I think of it. I mean, I don't
00:23:01.519 --> 00:23:03.759
know. Maybe kids are going to complain about
00:23:03.759 --> 00:23:06.079
anything, but to bring them to something that's
00:23:06.079 --> 00:23:09.140
kind of just kids love the pool. OK, like I've
00:23:09.140 --> 00:23:12.579
got 12. They are so into the pool. And this is
00:23:12.579 --> 00:23:15.039
a particular kind of a historic experience at
00:23:15.039 --> 00:23:17.519
the same time and also a little bit off the beaten
00:23:17.519 --> 00:23:22.380
path. So if you have. The time to do it. I would
00:23:22.380 --> 00:23:24.880
strongly advise checking out the El Dorado Springs
00:23:24.880 --> 00:23:28.160
pool Yeah, you might see me at a few of these
00:23:28.160 --> 00:23:31.980
listeners. This is almost my my now punch list
00:23:31.980 --> 00:23:37.359
of boulder and summer events to get through Yeah
00:23:37.359 --> 00:23:41.480
All right. The next one is really interesting
00:23:41.480 --> 00:23:44.400
and I would say it is something that mostly the
00:23:44.400 --> 00:23:46.630
locals know about And I would say not even all
00:23:46.630 --> 00:23:48.670
of the locals are aware that this happens, but
00:23:48.670 --> 00:23:51.230
throughout the summer, there are concerts in
00:23:51.230 --> 00:23:54.349
our community park and their parks, plural. They're
00:23:54.349 --> 00:23:57.509
put on by the Boulder Concert Band and they rotate.
00:23:58.109 --> 00:24:00.930
So they start off in North Boulder Park. That
00:24:00.930 --> 00:24:04.170
one just happened this past weekend. next weekend
00:24:04.170 --> 00:24:06.430
or in a couple of weeks. On June 15th they're
00:24:06.430 --> 00:24:09.470
in Martin Park, June 22nd they're in Foothills
00:24:09.470 --> 00:24:12.250
Community Park and so on. They cycle through
00:24:12.250 --> 00:24:17.990
all of our parks and they are a live concert
00:24:17.990 --> 00:24:20.529
band performance. People will bring their camping
00:24:20.529 --> 00:24:24.470
chairs and their picnic and it's just a lovely
00:24:24.470 --> 00:24:27.670
summer's eve kind of experience with something
00:24:27.670 --> 00:24:30.990
that You know, in this day and age of constant
00:24:30.990 --> 00:24:34.410
entertainment and, you know, screens, it is,
00:24:34.509 --> 00:24:37.569
you're just enjoying the outdoor summer evening
00:24:37.569 --> 00:24:42.630
and amazing, amazing music by a full concert
00:24:42.630 --> 00:24:45.210
band. And I think, you know, they, they asked
00:24:45.210 --> 00:24:47.710
for donations. I don't know how else they're
00:24:47.710 --> 00:24:49.990
supported, but it is, it is a wonderful experience
00:24:49.990 --> 00:24:52.390
to see this community organization come together
00:24:52.390 --> 00:24:55.569
and put together this performance. So I usually
00:24:55.569 --> 00:24:57.210
go to a few of them. Like one of my, a group
00:24:57.210 --> 00:25:00.980
of my friends will, We'll do this Sunday slow
00:25:00.980 --> 00:25:04.720
roll bicycle ride. It's sort of an offshoot to
00:25:04.720 --> 00:25:07.160
the Thursday cruiser ride. And we'll gather,
00:25:07.220 --> 00:25:09.799
there's only usually like 20 of us. And sometimes
00:25:09.799 --> 00:25:12.740
we'll couple it with like, with like arts and
00:25:12.740 --> 00:25:14.759
crafts experience. Like people will bring painting
00:25:14.759 --> 00:25:17.119
supplies or, but, and then at the end of the
00:25:17.119 --> 00:25:19.259
day, it's, it's a picnic with friends and family
00:25:19.259 --> 00:25:22.039
with, with lovely live music. So we'll put that
00:25:22.039 --> 00:25:26.720
out on our show notes as well. Yeah. Hamish,
00:25:26.740 --> 00:25:30.160
you haven't done this, huh? No, and it reminds
00:25:30.160 --> 00:25:32.279
me a little bit I think the Louisville street
00:25:32.279 --> 00:25:36.599
fair kind of I mean music in a park but um I
00:25:36.599 --> 00:25:39.740
mean there is and I I don't know and maybe I'm
00:25:39.740 --> 00:25:42.720
just chilling for Colorado too but there's something
00:25:42.720 --> 00:25:45.140
to be said for like the evenings in Colorado
00:25:45.140 --> 00:25:47.380
too especially during the summer where it's like
00:25:47.380 --> 00:25:49.200
nine o 'clock at night and you have that like
00:25:49.200 --> 00:25:51.980
just a dusk rolling in and the day's heat has
00:25:51.980 --> 00:25:55.000
dissipated and that cool air and then yeah getting
00:25:55.000 --> 00:25:58.119
you know I mean, these are local kind of neighborhood
00:25:58.119 --> 00:26:00.960
parks. Like you just get to step outside and
00:26:00.960 --> 00:26:04.880
enjoy the music and kind of the atmosphere is
00:26:04.880 --> 00:26:10.579
really special. So it's cool. I mean, it just,
00:26:10.700 --> 00:26:12.920
yeah, like you said, Boulder's only however big,
00:26:12.940 --> 00:26:16.299
but it's full of creatives and the arts, right?
00:26:18.240 --> 00:26:23.059
Absolutely. All right, number nine. is the Chautauqua
00:26:23.059 --> 00:26:27.380
Summer Series. So if you're not already aware,
00:26:27.759 --> 00:26:31.359
Chautauqua has a giant auditorium. It's a huge
00:26:31.359 --> 00:26:35.619
barn. And that barn has for the last month or
00:26:35.619 --> 00:26:38.460
so been under construction. They are insulating
00:26:38.460 --> 00:26:40.839
it and installing a heating system. It's really
00:26:40.839 --> 00:26:45.140
an expensive upgrade to the auditorium. And that's
00:26:45.140 --> 00:26:48.210
going to enable gear round. concerts. And in
00:26:48.210 --> 00:26:50.630
particular, it's going to enable the use of that
00:26:50.630 --> 00:26:53.210
facility during Sundance. That's probably the
00:26:53.210 --> 00:26:55.990
reason it's getting these upgrades. But during
00:26:55.990 --> 00:26:59.109
the summer, historically, what people have done
00:26:59.109 --> 00:27:01.369
is go to a concert, whether or not they have
00:27:01.369 --> 00:27:06.150
a ticket. And because it was a barn, it was too
00:27:06.150 --> 00:27:08.809
hot. in the evening to hold a concert. So they
00:27:08.809 --> 00:27:12.390
would open the side walls completely open and
00:27:12.390 --> 00:27:14.329
people could hear the music, whether they were
00:27:14.329 --> 00:27:17.069
in the auditorium or just next to it. So the
00:27:17.069 --> 00:27:19.589
locals have for many, many years, maybe decades,
00:27:19.950 --> 00:27:22.250
have been picnicking outside the Chautauqua Auditorium
00:27:22.250 --> 00:27:25.089
for free and catching shows like the Indigo Girls
00:27:25.089 --> 00:27:27.710
and enjoying a summer's evening without actually
00:27:27.710 --> 00:27:30.150
being inside the auditorium. But that all changed.
00:27:30.450 --> 00:27:32.190
I think a couple of years ago, I'm not exactly
00:27:32.190 --> 00:27:34.049
sure when they changed it, but they installed
00:27:34.049 --> 00:27:36.250
an air conditioning system, which I think is
00:27:36.039 --> 00:27:38.140
There's actually a giant evap cooler when I look
00:27:38.140 --> 00:27:40.960
at it and it's not a normal AC system, but that's
00:27:40.960 --> 00:27:43.019
allowed them to close the doors. So the sound
00:27:43.019 --> 00:27:45.160
quality on the outside is no longer quite as
00:27:45.160 --> 00:27:47.220
what it used to be, but people definitely still
00:27:47.220 --> 00:27:49.640
enjoy the summer picnic and the free concert,
00:27:49.799 --> 00:27:51.700
or you can actually pay for a ticket and enjoy
00:27:51.700 --> 00:27:53.440
the concert inside. But now it's going to be
00:27:53.440 --> 00:27:56.660
year round. So if you want to get a kick start
00:27:56.660 --> 00:27:59.619
to what that experience is going to be, we're
00:27:59.619 --> 00:28:01.000
going to provide a link to all of the summer
00:28:01.000 --> 00:28:02.759
concerts. And there's some really cool ones like
00:28:02.759 --> 00:28:05.220
the wall flowers are coming, the Robert Cray
00:28:05.259 --> 00:28:08.839
and I've never heard of DACA BRCA, but they sound
00:28:08.839 --> 00:28:11.619
interesting. Definitely some I haven't heard
00:28:11.619 --> 00:28:14.380
of, yeah. The Jayhawks I've heard of, and of
00:28:14.380 --> 00:28:17.039
course, Herbie Hancock, world -class performer,
00:28:17.200 --> 00:28:19.660
and the Cowboy Junkies, which I think I'm gonna
00:28:19.660 --> 00:28:22.079
buy tickets for because they are one of my favorite
00:28:22.079 --> 00:28:25.650
bands of all time. Um, and Chautauqua is such
00:28:25.650 --> 00:28:29.289
a vital part of our events scene here, of our,
00:28:29.890 --> 00:28:31.910
the options for venues that bring people together
00:28:31.910 --> 00:28:34.809
for music or cultural events. I saw Ralph Nader
00:28:34.809 --> 00:28:37.410
speak at Chautauqua when I first moved to Colorado
00:28:37.410 --> 00:28:40.730
in 2000. And it was really moving and not on
00:28:40.730 --> 00:28:44.730
a teleprompter. Uh, Ralph was very rare now.
00:28:45.269 --> 00:28:48.210
Yeah. Very rare to see politicians not on a teleprompter,
00:28:48.289 --> 00:28:53.079
but Ralph was very motivational. Uh, and. At
00:28:53.079 --> 00:28:55.119
the time, well, we're not going to talk too much
00:28:55.119 --> 00:28:57.000
about politics, but at the time, let me just
00:28:57.000 --> 00:29:02.799
say that I voted in his favor and was a strong
00:29:02.799 --> 00:29:05.220
supporter of what he was trying to help us achieve
00:29:05.220 --> 00:29:08.119
back in the day. And seeing him live was part
00:29:08.119 --> 00:29:10.579
of that reason just because of how well -spoken
00:29:10.579 --> 00:29:14.039
and intelligent he was. And Chautauqua having
00:29:14.039 --> 00:29:16.940
that amazing, beautiful venue available was part
00:29:16.940 --> 00:29:20.809
of it. Was gonna say that backdrop and the flat
00:29:20.809 --> 00:29:22.869
irons and everything being right there and then
00:29:22.869 --> 00:29:25.509
the historical significance to of Chautauqua
00:29:25.509 --> 00:29:29.470
and the history behind it like It's such a cool
00:29:29.470 --> 00:29:32.400
venue the auditorium, and there's also other
00:29:32.400 --> 00:29:34.220
venues up at Chautauqua. There's stuff happening
00:29:34.220 --> 00:29:37.940
all summer long and Chautauqua monetizes that
00:29:37.940 --> 00:29:41.859
entire neighborhood. It isn't, from a walkable
00:29:41.859 --> 00:29:43.740
perspective, there's so much going on that you
00:29:43.740 --> 00:29:47.279
can just stroll to and Chautauqua's being right
00:29:47.279 --> 00:29:48.460
there at the heart of it. You also have to deal
00:29:48.460 --> 00:29:49.920
with a lot of public, right? There's a lot of
00:29:49.920 --> 00:29:52.619
people that go to Chautauqua to go hiking and
00:29:52.619 --> 00:29:57.220
it is the gem or jewel of Boulder's outdoor scene.
00:29:57.920 --> 00:30:03.829
It is. And then ye olde Shakespeare for, what
00:30:03.829 --> 00:30:06.849
is this, number eight. Number eight, Hamish.
00:30:06.849 --> 00:30:08.509
Have you ever been to the Shakespeare festival?
00:30:08.890 --> 00:30:13.569
I have not. I can't lie. I don't have a huge
00:30:13.569 --> 00:30:17.490
interest in Shakespeare, but maybe I haven't
00:30:17.490 --> 00:30:21.150
given it a fair shot. Well, this festival has
00:30:21.150 --> 00:30:23.809
been going on since 1958, and Shakespeare is
00:30:23.809 --> 00:30:27.589
not for everybody, right? I feel like the storytelling
00:30:27.589 --> 00:30:31.970
really, It either hooks you or it doesn't. And
00:30:31.970 --> 00:30:34.250
when it's performed live is very different than,
00:30:34.250 --> 00:30:37.710
say, reading a Shakespeare play, but or a Shakespeare
00:30:37.710 --> 00:30:40.970
story or a story based on an adaptation from
00:30:40.970 --> 00:30:42.750
Shakespeare. But it's the classics. Right. This
00:30:42.750 --> 00:30:47.009
is the foundation of. So many stories that are
00:30:47.009 --> 00:30:49.869
just rehashed versions of Shakespeare There are
00:30:49.869 --> 00:30:51.109
some people that don't even believe Shakespeare
00:30:51.109 --> 00:30:54.269
existed that that that human is actually mythical
00:30:54.269 --> 00:30:58.009
and an aggregation of stories that became Shakespeare
00:30:58.009 --> 00:31:00.349
I I don't believe that I think William Shakespeare
00:31:00.349 --> 00:31:03.130
actually existed and this year I was gonna say
00:31:03.130 --> 00:31:05.369
I was actually gonna ask about that and see what
00:31:05.369 --> 00:31:07.710
you thought yeah this year I'm actually going
00:31:07.710 --> 00:31:10.210
so Leah bought some tickets and we're taking
00:31:10.210 --> 00:31:12.730
friends or we're going with friends and We'll
00:31:12.730 --> 00:31:14.490
be enjoying some Shakespeare in a couple of weeks
00:31:14.410 --> 00:31:17.230
So I will report back on my firsthand experience
00:31:17.230 --> 00:31:19.549
after 20 years of never attending the Shakespeare
00:31:19.549 --> 00:31:22.529
Festival we are going this year. I'm excited
00:31:22.529 --> 00:31:27.289
to see the story and stuff as well. Yeah. And
00:31:27.289 --> 00:31:28.869
it's part of CU. So you're right in the heart
00:31:28.869 --> 00:31:31.609
of the city. It's a great venue. It's a great
00:31:31.609 --> 00:31:34.390
spot. And it's, again, supporting the art scene
00:31:34.390 --> 00:31:39.390
here in Boulder. Number seven, Hamish, is the
00:31:39.390 --> 00:31:42.269
Boulder Comedy Festival. And this is only its
00:31:42.269 --> 00:31:46.630
second year. I happen to know This is the brainchild
00:31:46.630 --> 00:31:50.750
of comedian and trainer of comedians, Zoe Rogers.
00:31:51.329 --> 00:31:54.009
Zoe actually teaches standup comedy as well.
00:31:54.170 --> 00:31:56.940
I've taken her class. not particularly great
00:31:56.940 --> 00:31:58.579
at stand -up comedy, I learned, but at least
00:31:58.579 --> 00:32:02.759
I got through it. And the Comedy Festival sometimes
00:32:02.759 --> 00:32:04.799
features some of her best performers. Let me
00:32:04.799 --> 00:32:07.740
see who she's got lined up this year. And if
00:32:07.740 --> 00:32:10.059
there are any people I recognize in the stand
00:32:10.059 --> 00:32:13.140
-up lineup, because there's one in particular.
00:32:13.180 --> 00:32:15.460
Oh, it looks like he's performing. Sam Shea is
00:32:15.460 --> 00:32:20.279
one of our clients, and his neuro spicy comedy
00:32:20.279 --> 00:32:23.559
is absolutely hilarious. And I've seen him develop
00:32:23.559 --> 00:32:28.079
it over Several years and it is now to the point
00:32:28.079 --> 00:32:30.940
where it is it is really good So I would encourage
00:32:30.940 --> 00:32:33.920
you to see Sam Shea at the Boulder Comedy Festival
00:32:33.920 --> 00:32:36.339
It is coming up in the month of June only its
00:32:36.339 --> 00:32:39.599
second year and absolutely worth attending Yeah,
00:32:40.039 --> 00:32:42.680
he's uh, he's funny even just working with him,
00:32:42.680 --> 00:32:48.920
you know Yeah, his comments It's great. That's
00:32:48.920 --> 00:32:50.839
um, I would have thought it would be running
00:32:50.839 --> 00:32:54.220
for more than two years now, but um, yeah, that's
00:32:54.190 --> 00:32:57.109
Really cool. I gotta see if one of my comedian
00:32:57.109 --> 00:33:00.210
friends, he should start going there. I'm surprised
00:33:00.210 --> 00:33:06.069
he's not. Well, anybody that's new to Boulder
00:33:06.069 --> 00:33:08.950
or has lived here for a while soon discovers
00:33:08.950 --> 00:33:13.329
the amazing network of bike paths and multi -use
00:33:13.329 --> 00:33:17.000
paths all over our city. And some of them are
00:33:17.000 --> 00:33:19.440
adjacent to roadways, but many of them are not.
00:33:19.660 --> 00:33:22.539
We have hundreds of miles of it here in the city
00:33:22.539 --> 00:33:24.960
of Boulder and we don't just celebrate it one
00:33:24.960 --> 00:33:28.960
day. We have walk in bike month, uh, in Colorado,
00:33:29.319 --> 00:33:31.980
in Boulder, and there is a bike to work day.
00:33:32.140 --> 00:33:34.759
That's part of walk in bike month where many
00:33:34.759 --> 00:33:37.279
vendors come out and will feed you and give you
00:33:37.279 --> 00:33:40.119
all sorts of freebies. all over our bike pack
00:33:40.119 --> 00:33:43.359
network and it is absolutely worth attending.
00:33:43.420 --> 00:33:45.759
That's coming up on June 24th. It starts early
00:33:45.759 --> 00:33:47.539
in the morning. It continues through the day.
00:33:48.099 --> 00:33:50.160
And if you haven't done it before, you should
00:33:50.160 --> 00:33:52.599
bring your bike and then bike to work for that
00:33:52.599 --> 00:33:56.079
last half mile just to experience how our city
00:33:56.079 --> 00:33:59.519
celebrates this alternate form of an important
00:33:59.519 --> 00:34:03.099
form of transportation for our community. I remember
00:34:03.099 --> 00:34:06.799
you've In the neighborhood tour Arapahoe Ridge
00:34:06.799 --> 00:34:08.639
video that we did, I think you were talking about
00:34:08.639 --> 00:34:10.980
Boulder having some of like the best bike infrastructure
00:34:10.980 --> 00:34:14.360
in the country or in the world. And like to be
00:34:14.360 --> 00:34:17.179
able to celebrate, it's very cool. This one you
00:34:17.179 --> 00:34:21.039
don't have to pay tickets for. That's true. That's
00:34:21.039 --> 00:34:25.840
true. Unlike, unlike, so as part of a bike and
00:34:25.840 --> 00:34:29.239
walk to work month, or at least happening at
00:34:29.239 --> 00:34:32.860
the same time is another event called tube to
00:34:32.860 --> 00:34:36.079
work day and so tube to work day which is on
00:34:36.079 --> 00:34:39.579
june 26th does require a ticket of which a good
00:34:39.579 --> 00:34:43.519
portion of the funds are going to non -profits
00:34:43.519 --> 00:34:45.619
here in our community in particular i think the
00:34:45.619 --> 00:34:48.800
bridge house is the big recipient for donations
00:34:48.800 --> 00:34:52.179
at tube to work day but people get dressed up
00:34:52.480 --> 00:34:55.920
And then get on an inner tube and ride down Boulder
00:34:55.920 --> 00:34:58.360
Creek on tube to work day. And you will literally
00:34:58.360 --> 00:35:01.860
see people wearing suits and holding old laptops
00:35:01.860 --> 00:35:05.579
on their on their wet inner tube as they go down
00:35:05.579 --> 00:35:09.539
the creek. It is hilarious. It is fun. It is
00:35:09.539 --> 00:35:12.880
playful. My only piece of advice is, well, two
00:35:12.880 --> 00:35:15.619
pieces of advice. Prepare to have fun and don't
00:35:15.619 --> 00:35:18.940
drink the water. Don't drink the water do not
00:35:18.940 --> 00:35:22.460
seriously water Yeah, but have a lot of fun just
00:35:22.460 --> 00:35:26.059
tube to work day is such a gem of an experience
00:35:26.059 --> 00:35:28.920
I mean, it's it's this event tube to work day
00:35:28.920 --> 00:35:31.599
is like is a throwback to some of the weirder
00:35:31.599 --> 00:35:33.980
stuff that boulder used to have happen including
00:35:33.980 --> 00:35:36.219
Kinetics, which we no longer have kinetics as
00:35:36.219 --> 00:35:38.840
an event. We're on boulder reservoir There were
00:35:38.840 --> 00:35:43.730
races held by art that also were flotation and
00:35:43.730 --> 00:35:46.690
moving in the water and there were teams. Someday
00:35:46.690 --> 00:35:49.070
I hope we can bring kinetics back but for some
00:35:49.070 --> 00:35:52.429
reason the city killed it. I don't know how many
00:35:52.429 --> 00:35:54.570
years ago they killed it but it was a long -standing
00:35:54.570 --> 00:35:57.130
tradition in the city and tube to work day is
00:35:57.130 --> 00:35:59.489
basically the closest thing to what kinetics
00:35:59.489 --> 00:36:02.590
used to be in my mind in terms of an experience.
00:36:03.750 --> 00:36:07.469
Yeah I could see it and I'll say there's um required
00:36:07.469 --> 00:36:10.190
safety gear. They're not gonna let you tube down
00:36:10.190 --> 00:36:13.250
with their name unsafe. So just bring your own
00:36:13.250 --> 00:36:18.010
tube. You must have closed toe shoes, life jacket
00:36:18.010 --> 00:36:21.110
and a helmet with a chin strap. So you can wear
00:36:21.110 --> 00:36:24.489
your suit and have your prop laptop, but be safe.
00:36:24.949 --> 00:36:28.789
I will say having tubed on Boulder Creek several
00:36:28.789 --> 00:36:31.559
times that you should definitely wear. a helmet.
00:36:31.719 --> 00:36:34.420
You should wear a bike helmet. And clothes so
00:36:34.420 --> 00:36:36.179
shoes would be a smart idea too. Although I think
00:36:36.179 --> 00:36:38.719
you could get away with Chaco's, but they want
00:36:38.719 --> 00:36:40.579
you to be wearing old sneakers. Probably not
00:36:40.579 --> 00:36:43.739
a bad idea. And it's, it's just right through
00:36:43.739 --> 00:36:45.920
the center of town. This event happens. It is,
00:36:45.940 --> 00:36:50.500
it is a lot of fun. Okay. Number five, Hamish.
00:36:51.039 --> 00:36:54.079
Okay. Well, quick sidebar. You know the tubing.
00:36:54.320 --> 00:36:57.489
I only know the tubing kind of. I think it starts
00:36:57.489 --> 00:37:00.869
like slightly in Boulder Canyon and then stops
00:37:00.869 --> 00:37:03.309
probably around like Broadway does it go keeps
00:37:03.309 --> 00:37:06.429
going through It keeps going through the creek
00:37:06.429 --> 00:37:08.809
keeps going I don't know where tube to work day
00:37:08.809 --> 00:37:11.269
officially ends because I haven't done that event
00:37:11.269 --> 00:37:13.630
with an inner tube I've done that event as a
00:37:13.630 --> 00:37:15.429
spectator multiple times because I think that's
00:37:15.429 --> 00:37:19.190
where a lot of the joy is But if I was a college
00:37:19.190 --> 00:37:22.849
kid, I would be on a tube or you know, it's all
00:37:22.849 --> 00:37:25.829
ages I just I just have chosen to watch it rather
00:37:25.829 --> 00:37:30.489
than ride it personally I like I like seeing
00:37:30.489 --> 00:37:34.110
the creek from afar personally We used to go
00:37:34.110 --> 00:37:36.570
like several times a week when with my golden
00:37:36.570 --> 00:37:39.050
retriever to take him swimming he used to love
00:37:39.050 --> 00:37:41.969
love love swimming in Boulder Creek, so that
00:37:41.969 --> 00:37:45.730
was a regular part of our lifestyle for many
00:37:45.730 --> 00:37:52.340
many years All right, well, what's next? Hamish,
00:37:53.159 --> 00:37:56.099
I think number five is something you, I've attended
00:37:56.099 --> 00:37:58.360
a bunch of times, but having worked in Louisville,
00:37:58.420 --> 00:38:01.539
maybe you have more familiarity with what makes
00:38:01.539 --> 00:38:04.260
us so special. So I'm thinking about this and
00:38:04.260 --> 00:38:07.909
I'm like wondering, cause I... used to lifeguard
00:38:07.909 --> 00:38:10.929
for the memory square pool that was just downtown
00:38:10.929 --> 00:38:14.070
in Louisville or still is and I know actually
00:38:14.070 --> 00:38:16.650
we had a Memorial Day opening ceremony that was
00:38:16.650 --> 00:38:20.429
every year but I'm wondering I remember guarding
00:38:20.429 --> 00:38:23.170
on Fridays and like hearing the festivities and
00:38:23.170 --> 00:38:24.730
stuff from the fair I've been a few times but
00:38:24.730 --> 00:38:27.590
I don't think I have like a direct connection
00:38:27.590 --> 00:38:31.030
that said Old Town Louisville if you haven't
00:38:31.030 --> 00:38:35.170
been even without the street fair, which is every
00:38:35.170 --> 00:38:39.409
Friday, it is kind of a magical old kitschy place
00:38:39.409 --> 00:38:42.030
to be. And then on Fridays, it really kind of
00:38:42.030 --> 00:38:44.849
just bursts to life. So there's kind of a bunch
00:38:44.849 --> 00:38:47.130
of like floats that come out onto the street
00:38:47.130 --> 00:38:51.510
with all sorts of vendors and food and kind of
00:38:51.510 --> 00:38:53.949
just events that happen. I know there's it's
00:38:53.949 --> 00:38:58.570
pretty music favorite as well. Just check out
00:38:58.570 --> 00:39:01.190
the vendor list. When you see how many vendors
00:39:01.190 --> 00:39:04.289
are supporting the Louisville Street Fair, that
00:39:04.289 --> 00:39:06.510
alone should be your tip off on how much fun
00:39:06.510 --> 00:39:10.170
this event is. And it's cherished. Parking is
00:39:10.170 --> 00:39:13.449
difficult. So you're usually parking many blocks
00:39:13.449 --> 00:39:17.050
away and walking in. And the highlight of...
00:39:17.000 --> 00:39:20.099
of Louisville Street Fair is the concert in the
00:39:20.099 --> 00:39:23.619
evening. But beside the concert, there's so many
00:39:23.619 --> 00:39:25.880
different vendors selling so many different things
00:39:25.880 --> 00:39:30.219
and it's family friendly. So it's a great experience.
00:39:30.440 --> 00:39:34.360
There are many concerts. I've been to March 4th
00:39:34.360 --> 00:39:37.159
a couple of different times and March 4th isn't
00:39:37.159 --> 00:39:39.780
just... like a bunch of people on stage. They
00:39:39.780 --> 00:39:42.940
are into the audience in their performance. So
00:39:42.940 --> 00:39:45.880
it is, it is just a lot of fun. I would, I would
00:39:45.880 --> 00:39:48.239
strongly recommend it. It runs from five 30 to
00:39:48.239 --> 00:39:52.139
nine 30. And, um, it is, is it on Friday or it's
00:39:52.139 --> 00:39:53.920
on Saturday, right? What day is it? I thought
00:39:53.920 --> 00:39:57.280
it was Friday. So I'm not confused. Look at the
00:39:57.280 --> 00:40:00.460
dates, June 12th, June 19th, June 26. So those
00:40:00.460 --> 00:40:02.519
Fridays are Saturdays. I'm pretty sure they're
00:40:02.519 --> 00:40:05.579
Saturdays. Get back to June, uh, 12th, 19th.
00:40:05.639 --> 00:40:08.409
No, they're Fridays, 12th, 19th. Okay, so Friday
00:40:08.409 --> 00:40:11.769
is in Louisville. You go check out the Louisville
00:40:11.769 --> 00:40:14.070
street fair. It is absolutely worth it. And as
00:40:14.070 --> 00:40:16.110
a note, I guess here they're saying, please don't
00:40:16.110 --> 00:40:20.730
bring alcohol. The sales kind of fund the fair,
00:40:20.909 --> 00:40:25.289
the alcohol sales. So yeah, support local business
00:40:25.289 --> 00:40:27.750
with your alcohol purchases. But a lot of people
00:40:27.750 --> 00:40:32.449
do bring picnic. And so it says you're not, don't
00:40:32.449 --> 00:40:34.730
bring chairs and blankets, but at least under
00:40:34.730 --> 00:40:37.650
the pavilion. anywhere under the tents or the
00:40:37.650 --> 00:40:41.130
pavilions. And so there's some rules that are,
00:40:41.130 --> 00:40:43.409
you know, for courtesy and legal reasons that
00:40:43.409 --> 00:40:45.610
are on the website that are important to follow.
00:40:45.909 --> 00:40:49.349
But there's lots of places outside of under the
00:40:49.349 --> 00:40:51.710
tents where I've seen people set up for the evening
00:40:51.710 --> 00:40:55.210
and enjoy the experience. So you should go at
00:40:55.210 --> 00:40:57.269
least once this summer to the Louisville Street
00:40:57.269 --> 00:41:00.570
Fair. It is absolutely worth it. For what it's
00:41:00.570 --> 00:41:03.429
worth to, I think, circling into real estate.
00:41:03.550 --> 00:41:06.210
Uh, if you're looking at kind of where to, you
00:41:06.210 --> 00:41:08.110
know, where you want to purchase or the community
00:41:08.110 --> 00:41:09.809
you want to be in, I think all of these events
00:41:09.809 --> 00:41:13.170
are kind of a very nice way to go and be involved
00:41:13.170 --> 00:41:16.110
and, and see how, uh, these neighborhoods and
00:41:16.110 --> 00:41:19.090
areas interact and kind of what stands out as
00:41:19.090 --> 00:41:22.050
special to you. Um, yeah, I mean, Louisville,
00:41:22.210 --> 00:41:24.449
we talk a lot about like the, the family community
00:41:24.449 --> 00:41:26.889
feeling. So, I mean, that'll be present, but
00:41:26.889 --> 00:41:28.710
then a lot of these other Boulder ones too, you're
00:41:28.710 --> 00:41:32.610
going to get the same thing. Louisville is like
00:41:32.610 --> 00:41:34.949
Boulder without the college students. It is small
00:41:34.949 --> 00:41:38.369
town Americana, historic downtown, all these
00:41:38.369 --> 00:41:42.039
events happening. and very much beloved by the
00:41:42.039 --> 00:41:44.619
community that lives there. The town also usually
00:41:44.619 --> 00:41:46.920
shuts off around nine o 'clock at night because
00:41:46.920 --> 00:41:49.559
it's a family -friendly town and it's not a town
00:41:49.559 --> 00:41:52.059
full of, you know, late night bars like Boulder
00:41:52.059 --> 00:41:54.380
has. There aren't a lot of tourists that go just
00:41:54.380 --> 00:41:57.000
to Lewisville, but you will absolutely get a
00:41:57.000 --> 00:41:59.079
great sense of the community by attending a street
00:41:59.079 --> 00:42:01.460
fair or other events that happen throughout the
00:42:01.460 --> 00:42:06.599
year. Yeah, without a doubt. All right. This
00:42:06.599 --> 00:42:10.409
one's kind of new to us. Well, I've known about
00:42:10.409 --> 00:42:12.730
it new to you, but oh you have okay, it's very
00:42:12.730 --> 00:42:19.570
new to me. Yep. So ny what has free dancing throughout
00:42:19.570 --> 00:42:22.570
the summer and It's called dancing under the
00:42:22.570 --> 00:42:25.190
stars. We'll put a link onto the website and
00:42:25.190 --> 00:42:29.059
if you're not aware of ny what Don't be surprised
00:42:29.059 --> 00:42:31.780
if you never even heard of it and i want of course
00:42:31.780 --> 00:42:34.159
is named after chief and i want but it is an
00:42:34.159 --> 00:42:36.699
unincorporated community that looks like it's
00:42:36.699 --> 00:42:39.739
incorporated. And it has a historic downtown
00:42:39.739 --> 00:42:43.800
it has a shopping plaza it has. Very affluent
00:42:43.800 --> 00:42:46.800
community and large luxury homes it's got a great
00:42:46.800 --> 00:42:51.460
high school it's right on the tracks and. It's.
00:42:51.519 --> 00:42:54.340
Has this event that occurs throughout the summer
00:42:54.340 --> 00:42:57.340
and the type of music changes. Yeah. It goes
00:42:57.340 --> 00:43:00.960
from salsa to swing to disco. Um, and again,
00:43:01.139 --> 00:43:03.699
back to swing and salsa. There's even polka nights
00:43:03.699 --> 00:43:07.400
and there's a barn dance hoedown, August 14th.
00:43:07.440 --> 00:43:10.949
Like there's, it is. A lot of fun. From seven
00:43:10.949 --> 00:43:13.730
to 745, you get free lessons. And then starting
00:43:13.730 --> 00:43:17.230
at 745, there is free social dancing. So it's
00:43:17.230 --> 00:43:19.809
in Cottonwood Square in Niwot. It's a great way
00:43:19.809 --> 00:43:21.670
to learn about this community. We often drag
00:43:21.670 --> 00:43:24.289
our clients to Niwot just to give them an alternative
00:43:24.289 --> 00:43:27.130
to Boulder because you get larger houses at lower
00:43:27.130 --> 00:43:30.030
prices and you get great schools and you get
00:43:30.030 --> 00:43:32.590
this historic downtown and you get a shopping
00:43:32.590 --> 00:43:38.639
plaza with lots of options for Retail and and
00:43:38.639 --> 00:43:40.960
then you get community events like this dancing
00:43:40.960 --> 00:43:43.539
under the stars that happens all summer long
00:43:43.539 --> 00:43:47.800
and and it's just it's just a Yeah, it's a it's
00:43:47.800 --> 00:43:49.960
a great way to experience. I think kind of old
00:43:49.960 --> 00:43:53.659
Colorado, right? Like the the way Boulder might
00:43:53.659 --> 00:43:56.059
have been 25 years ago. I think these type of
00:43:56.059 --> 00:43:59.260
events still linger on and And this is definitely
00:43:59.260 --> 00:44:04.550
one of them Okay of these salsa swing disco what's
00:44:04.550 --> 00:44:06.750
your pick what are you uh what are you gonna
00:44:06.750 --> 00:44:11.000
do Well, we are out of town late August, so that
00:44:11.000 --> 00:44:13.219
kind of limits us. But the barn dance hoedown
00:44:13.219 --> 00:44:15.119
sounds like a lot of fun. I don't actually own
00:44:15.119 --> 00:44:17.699
cowboy boots, but I'd like to get some and I
00:44:17.699 --> 00:44:20.139
would do it for the barn dance hoedown. I've
00:44:20.139 --> 00:44:22.059
taken swing lessons and so I know how to swing
00:44:22.059 --> 00:44:25.059
dance and salsa dance. Oh, nice. Disco just sounds
00:44:25.059 --> 00:44:27.320
like a fun costume night. I'm thinking disco.
00:44:27.960 --> 00:44:30.480
Yeah, disco could be a lot of fun. We have family
00:44:30.480 --> 00:44:32.920
in town over over the Independence Day weekend,
00:44:32.940 --> 00:44:35.650
so that could be a great. a great kickoff on
00:44:35.650 --> 00:44:38.289
July 3rd to Independence Day. But there's a bunch,
00:44:38.449 --> 00:44:40.369
right? Like even the country night, September
00:44:40.369 --> 00:44:44.050
11th, sounds like a lot of fun. We've got to
00:44:44.050 --> 00:44:46.369
correct the no cowboy boots. I really would have
00:44:46.369 --> 00:44:48.710
thought you'd have some by now. Nope, not yet.
00:44:49.679 --> 00:44:51.920
The only challenge here is that it ends at 9
00:44:51.920 --> 00:44:54.500
30 and lately I've been in bed by like 8 30 and
00:44:54.500 --> 00:44:57.940
asleep by 9 But we'll see because I start my
00:44:57.940 --> 00:45:01.300
day at 4 30 normally not today. Maybe that night
00:45:01.300 --> 00:45:05.039
air, you know Maybe something will keep me going
00:45:05.039 --> 00:45:08.039
All right. Now we're down to our final three
00:45:08.039 --> 00:45:11.320
you stuck a lump stuck around all the way these
00:45:11.320 --> 00:45:15.260
are the top three events of the summer and our
00:45:15.260 --> 00:45:18.820
first one number three Is band on the bricks
00:45:18.820 --> 00:45:21.579
sponsored by the city of boulder right downtown
00:45:21.579 --> 00:45:25.480
on pearl street there is they set up. They set
00:45:25.480 --> 00:45:28.159
up like this enclosure for the drinkers which
00:45:28.159 --> 00:45:31.260
is kind of funny i don't know yeah there's like
00:45:31.260 --> 00:45:33.420
a drinker pen and then there's a non drinker
00:45:33.420 --> 00:45:36.159
area and it is just up. It's a big party with
00:45:36.159 --> 00:45:40.199
great bands all summer long. Um, and historically
00:45:40.199 --> 00:45:41.500
they've been on Wednesday night. Let me see.
00:45:41.559 --> 00:45:43.159
Are they still on Wednesday night? I got to cross
00:45:43.159 --> 00:45:45.500
-reference my calendar. Yeah. It says Wednesday
00:45:45.500 --> 00:45:49.159
is here, June 10th through July 29th. Yep. And
00:45:49.159 --> 00:45:53.059
so June and July, you can see Hazel Miller. She's
00:45:53.059 --> 00:45:55.920
been performing for a long time here in Boulder,
00:45:56.139 --> 00:45:58.000
but there's a whole bunch of other bands with
00:45:58.000 --> 00:46:00.039
all sorts of different sounds. So we'll put a
00:46:00.039 --> 00:46:02.179
link onto the website. It's a great way to perhaps
00:46:02.179 --> 00:46:05.260
get, have a bite to eat in Boulder. catch a beverage
00:46:05.260 --> 00:46:09.179
and listen, get a free concert sponsored by your
00:46:09.179 --> 00:46:13.059
tax dollars. And this one, I mean the setting
00:46:13.059 --> 00:46:14.900
too, right? I guess being on Pearl street kind
00:46:14.900 --> 00:46:17.320
of adds to that, getting it to number three and,
00:46:17.699 --> 00:46:21.039
and the lineup too. Yeah. You're right. Downtown.
00:46:21.260 --> 00:46:23.320
There's so much going on downtown and then there's
00:46:23.320 --> 00:46:25.360
band on the bricks, which is just a big party.
00:46:26.529 --> 00:46:28.550
The more we look at these. I feel like you could
00:46:28.550 --> 00:46:30.449
party every day of the week in Boulder throughout
00:46:30.449 --> 00:46:33.710
the summer, because we're going to soon be talking
00:46:33.710 --> 00:46:35.769
about a different day of the week. But our next
00:46:35.769 --> 00:46:40.210
one, before we go there, number two, is relatively
00:46:40.210 --> 00:46:43.690
new. Last year was the first Roots Music Fest.
00:46:44.239 --> 00:46:47.480
And this year is the second one. We're talking
00:46:47.480 --> 00:46:50.900
about over 800 artists, 20 plus venues throughout
00:46:50.900 --> 00:46:54.719
the city from August 27th to August 30th. Leah
00:46:54.719 --> 00:46:58.000
and I went last year and had so much fun. It
00:46:58.000 --> 00:47:02.079
was so cool to bounce between these venues and
00:47:02.079 --> 00:47:04.500
see so many artists we never would have heard
00:47:04.500 --> 00:47:07.340
about before. And if you're not familiar with
00:47:07.340 --> 00:47:13.300
Roots Music Fest, it is Boulder Roots, which
00:47:13.300 --> 00:47:18.420
is a 501C3 who is trying to encourage emerging
00:47:18.420 --> 00:47:22.000
talent to impact, that will impact our community.
00:47:22.480 --> 00:47:24.599
So, you know, there's been this gap for quite
00:47:24.599 --> 00:47:27.079
a bit of time. I know a bunch of these board
00:47:27.079 --> 00:47:28.579
members. I'm looking at the board and I'm like,
00:47:28.739 --> 00:47:30.340
oh, I know that person and I know that person
00:47:30.340 --> 00:47:32.960
and I know that person. You're in the community.
00:47:33.260 --> 00:47:36.039
I am in the community for sure. And if it wasn't
00:47:36.039 --> 00:47:38.730
happening at Burning Man, I would be there. Absolutely,
00:47:38.730 --> 00:47:41.570
because it was so much fun last year. And this
00:47:41.570 --> 00:47:44.210
is so needed, what this nonprofit is bringing
00:47:44.210 --> 00:47:47.170
to our community to encourage emerging artists,
00:47:47.429 --> 00:47:50.489
because there's a giant gap, right? Prior to
00:47:50.489 --> 00:47:54.070
these guys being here, we used to have Penny
00:47:54.070 --> 00:47:56.210
Lane, we used to have more open mic nights, we
00:47:56.210 --> 00:47:58.590
have other venues to perform. Today we still
00:47:58.590 --> 00:48:00.650
have the Trident, which allows newer artists
00:48:00.650 --> 00:48:03.730
to use their facility for small scale concerts.
00:48:04.190 --> 00:48:08.510
But there's been a gap between these, between
00:48:08.510 --> 00:48:11.909
what went when Penny Lane disappeared and maybe
00:48:11.909 --> 00:48:14.889
Connor O 'Neill's and and trilogy. There were
00:48:14.889 --> 00:48:17.070
there were events that allowed emerging artists.
00:48:17.070 --> 00:48:19.429
They sort of dried up. And the Boulder Roots
00:48:19.429 --> 00:48:21.570
project has brought that back. And their stage
00:48:21.570 --> 00:48:24.349
is fantastic. Their space is fantastic. It's
00:48:24.349 --> 00:48:25.929
sort of more on the industrial side of Boulder
00:48:25.929 --> 00:48:29.050
on the east side of town. But they they regularly
00:48:29.050 --> 00:48:31.230
host really cool artists. So it's not just the
00:48:31.230 --> 00:48:33.269
music fest. It's actually the nonprofit itself.
00:48:33.690 --> 00:48:36.929
But get tickets. If you're in town, get tickets.
00:48:37.099 --> 00:48:40.780
to the Boulder Roots Festival, it is a hoot.
00:48:41.159 --> 00:48:43.280
And you will absolutely see some really cool
00:48:43.280 --> 00:48:47.380
new artists when you attend. Yeah, that's great.
00:48:47.420 --> 00:48:51.079
Something to bridge the fledgling artists with
00:48:51.079 --> 00:48:54.420
an audience, right? Yeah, to encourage and support
00:48:54.420 --> 00:48:57.000
them. To make it affordable for them to have
00:48:57.000 --> 00:48:59.219
a place to perform is what they're trying to
00:48:59.219 --> 00:49:01.679
do, right? Because it's unlikely a new artist
00:49:01.679 --> 00:49:04.159
is gonna make any money on ticket sales, right?
00:49:04.159 --> 00:49:06.300
So they really are trying to help these artists
00:49:06.300 --> 00:49:10.440
get found. All right, number one, you've waited
00:49:10.440 --> 00:49:15.159
a long time and this is our number one tip for
00:49:15.159 --> 00:49:18.159
the summer. It has been going, so the actual
00:49:18.159 --> 00:49:23.659
origins of when it began are disputed. But I
00:49:23.659 --> 00:49:29.760
could tell you that my first experience was 26
00:49:29.760 --> 00:49:33.460
years ago. And so it's going on at least 26 years,
00:49:34.000 --> 00:49:38.079
and some would say over 30. And that is the Happy
00:49:38.079 --> 00:49:42.099
Thursday Boulder Cruiser Ride. Every Thursday
00:49:42.099 --> 00:49:46.559
throughout the summer, a community of wacky cyclists
00:49:46.559 --> 00:49:49.760
get together and they used to just ride so they
00:49:49.760 --> 00:49:52.519
used to be a literally cruiser bicycles was what
00:49:52.519 --> 00:49:55.880
people did and they had bells and that was the
00:49:55.880 --> 00:49:58.880
extent of it right people might bring a portable
00:49:58.880 --> 00:50:02.159
music boombox type thing but that that was about
00:50:02.159 --> 00:50:05.179
it it has been so much more than that for the
00:50:05.179 --> 00:50:07.980
last oh my gosh yeah for at least the last 15
00:50:07.980 --> 00:50:11.039
years with a crit with really loud sound systems
00:50:11.039 --> 00:50:14.719
and also people that are passionate about keeping
00:50:14.719 --> 00:50:18.179
it alive, organizing it, making it safe, having
00:50:18.179 --> 00:50:20.559
regular dance stops, making sure that where we
00:50:20.559 --> 00:50:23.460
go is not going to annoy the neighbors. So the
00:50:23.460 --> 00:50:25.679
route changes all the time. So if it's one night
00:50:25.679 --> 00:50:28.179
you happen to catch the cruiser ride in your
00:50:28.179 --> 00:50:30.719
park at 10 o 'clock having a little mini dance
00:50:30.719 --> 00:50:32.920
party, they're not going to be back next Thursday.
00:50:33.059 --> 00:50:35.519
And there are usually people that stay behind
00:50:35.519 --> 00:50:38.579
and clean up. So there is encouragement to leave
00:50:38.579 --> 00:50:40.800
no trace. There's encouragement to be safe, be
00:50:40.800 --> 00:50:45.000
lit up. And it is for a community run event with
00:50:45.000 --> 00:50:48.079
no real formal structure. The informal structure
00:50:48.079 --> 00:50:51.019
or container that keeps the cruiser ride happening
00:50:51.019 --> 00:50:55.539
at what's called 30 plus years is fantastic and
00:50:55.539 --> 00:50:58.780
have really been a good leadership lab for those
00:50:58.780 --> 00:51:01.829
that are. are learning about leadership, trying
00:51:01.829 --> 00:51:05.190
to become better leaders, and we've been blessed
00:51:05.190 --> 00:51:07.510
as a community by having so many of them step
00:51:07.510 --> 00:51:10.670
up. There were periods of time where the cruiser
00:51:10.670 --> 00:51:13.329
ride went underground, it was getting policed,
00:51:13.769 --> 00:51:16.510
and the police were combative, and then the community
00:51:16.510 --> 00:51:18.710
of riders have figured out how to self -police.
00:51:19.110 --> 00:51:22.170
And so for the last few years, the police mostly
00:51:22.170 --> 00:51:25.900
leave the cruisers alone. It's only when That
00:51:25.900 --> 00:51:28.239
it's only when we get they get called. They're
00:51:28.239 --> 00:51:30.760
no longer planning to be on the ride with us.
00:51:30.760 --> 00:51:32.800
They just show up if they're needed. And that's
00:51:32.800 --> 00:51:35.599
been a lot better relationship between law enforcement
00:51:35.599 --> 00:51:39.119
and the cruiser ride. So if it is family friendly,
00:51:39.119 --> 00:51:41.940
but if you do bring kids or pets, people do ride
00:51:41.940 --> 00:51:43.960
with their pets. I used to ride with my golden
00:51:43.960 --> 00:51:47.300
retriever on a trailer. You may want to remember
00:51:47.300 --> 00:51:50.079
there's a lot of people on this ride and there's
00:51:50.079 --> 00:51:52.599
going to be a lot of diversity on this ride.
00:51:52.800 --> 00:51:56.360
It's an adult. It is does lean toward adult themes
00:51:56.360 --> 00:51:59.880
and activities. So if you do bring kids, you
00:51:59.880 --> 00:52:01.880
probably want to think about exiting the ride
00:52:01.880 --> 00:52:05.119
before it gets too dark and head home. I'm not
00:52:05.119 --> 00:52:07.260
sure the later parts of the ride are appropriate
00:52:07.260 --> 00:52:12.039
for younger kids. Yeah, I'll say like maybe the
00:52:12.039 --> 00:52:14.000
fact that it's kind of unorganized and it had
00:52:14.000 --> 00:52:16.980
an underground and now it doesn't and it's community
00:52:16.980 --> 00:52:20.800
led. is part of why this is number one. For me
00:52:20.800 --> 00:52:24.239
too, I think I've been on one or two, maybe three
00:52:24.239 --> 00:52:28.539
with you now. And every single route is new.
00:52:28.920 --> 00:52:31.219
And I always see a part of Boulder that I hadn't
00:52:31.219 --> 00:52:33.940
before, either just driving through or cycling,
00:52:34.260 --> 00:52:37.719
you know, it's completely different. So yeah,
00:52:37.760 --> 00:52:41.550
I really love this one as well. And linked is
00:52:41.550 --> 00:52:44.650
the Facebook page and on their cover photo You've
00:52:44.650 --> 00:52:47.590
got all the dates and then the themes and so
00:52:47.590 --> 00:52:50.409
for you listener the the next one that will be
00:52:50.409 --> 00:52:53.449
That you'll be able to go to is cruiser prom
00:52:53.449 --> 00:52:58.030
and that's June 4th and then Wild West and pride
00:52:58.030 --> 00:53:00.989
and rainbows and the roaring 20s So I mean it's
00:53:00.989 --> 00:53:03.809
a party, especially if you've got a lot of costumes
00:53:03.809 --> 00:53:07.110
I will I will add that sometimes there are two
00:53:07.110 --> 00:53:10.809
rides because the adults have done their best
00:53:10.809 --> 00:53:14.250
to try to separate from the high school kids
00:53:14.250 --> 00:53:17.309
that have, at various points in the last 30 years,
00:53:18.250 --> 00:53:21.550
adopted the ride as nothing to do for fun in
00:53:21.550 --> 00:53:24.710
the summer with their friends. And the adults
00:53:24.710 --> 00:53:26.329
want nothing to do with the high school kids
00:53:26.329 --> 00:53:28.269
that are drinking and crashing their bicycles.
00:53:28.769 --> 00:53:31.889
So if you find yourself on a ride with a bunch
00:53:31.889 --> 00:53:34.030
of high school kids, you probably are on the
00:53:34.030 --> 00:53:37.699
wrong ride. You probably have stumbled upon the
00:53:37.699 --> 00:53:40.360
redness or ongoing nature of the high school
00:53:40.360 --> 00:53:44.900
ride. add that I in no way condone underage drinking,
00:53:45.480 --> 00:53:47.760
although, youths, right? This is what youths
00:53:47.760 --> 00:53:49.519
are gonna do. It's summertime. There are far
00:53:49.519 --> 00:53:52.820
worse things for them to be doing. And if you
00:53:52.820 --> 00:53:55.699
are interested in the adult ride and the more
00:53:55.699 --> 00:53:57.820
family -friendly ride, check out the link that
00:53:57.820 --> 00:53:59.519
we will put in the description. That gives you
00:53:59.519 --> 00:54:02.179
what you need to know on where the meetups occur,
00:54:02.619 --> 00:54:05.800
what time, and what the theme is. And if you're
00:54:05.800 --> 00:54:09.619
listening to this, you are invited. Also. One
00:54:09.619 --> 00:54:12.260
more tie back What better way to get to know
00:54:12.260 --> 00:54:14.239
the neighborhoods than bicycling through it and
00:54:14.239 --> 00:54:19.099
seeing it at night? Absolutely Okay, and the
00:54:19.099 --> 00:54:21.239
last thing we're going to talk about is a couple
00:54:21.239 --> 00:54:24.760
of resources for you to consider and one of them
00:54:24.760 --> 00:54:31.019
is the boulder events app and that is a project
00:54:31.019 --> 00:54:34.219
by somebody I happen to know who has built some
00:54:34.219 --> 00:54:38.739
AI to basically Search for events that happen
00:54:38.739 --> 00:54:41.679
throughout the year and put it into a easy to
00:54:41.679 --> 00:54:45.119
digest website or app for you to check out. It's
00:54:45.119 --> 00:54:47.800
free. It lists a lot of these events and it's
00:54:47.800 --> 00:54:49.679
absolutely worth checking out. It's at boulderevents
00:54:49.679 --> 00:54:52.599
.app. And the summer activities page, Hamish,
00:54:52.659 --> 00:54:55.050
that you linked to, I... You know, I don't know
00:54:55.050 --> 00:54:57.750
what to say about this particular entity. It's
00:54:57.750 --> 00:54:59.489
nice to see all of the events that they have
00:54:59.489 --> 00:55:03.289
listed on the page. So this is on BoulderColoradoUSA
00:55:03.289 --> 00:55:08.130
.com, which I think is, is sort of a, I'm not,
00:55:08.170 --> 00:55:13.329
you know, it's one of these websites that I think
00:55:13.329 --> 00:55:17.329
has like evergreen type content. Typically and
00:55:17.329 --> 00:55:21.010
then to often sells advertising But I don't really
00:55:21.010 --> 00:55:23.230
know much about their point to make older. Yeah
00:55:23.230 --> 00:55:25.590
I don't know much about Boulder Colorado USA
00:55:25.590 --> 00:55:28.769
calm, but I will say that There this events page
00:55:28.769 --> 00:55:30.510
is actually pretty good. So we'll put a link
00:55:30.510 --> 00:55:33.110
to that see some of these events Yeah, where
00:55:33.110 --> 00:55:35.610
it hit on the dining and the like the boulder
00:55:35.610 --> 00:55:37.170
res and a few of those things So I was like,
00:55:37.230 --> 00:55:39.269
oh, that's good to have in there. But since you
00:55:39.269 --> 00:55:42.889
shared that boulder events dot -at site that
00:55:42.889 --> 00:55:45.329
your friend made like That is, for me at least,
00:55:45.409 --> 00:55:48.909
the go -to. And especially putting together the
00:55:48.909 --> 00:55:50.570
show notes and stuff for that, that was just
00:55:50.570 --> 00:55:54.150
incredibly robust and user -friendly. So yeah,
00:55:54.150 --> 00:55:56.050
I'd love to see something like that for everywhere.
00:55:58.730 --> 00:56:01.750
All right, so that wraps up our closing table
00:56:01.750 --> 00:56:05.710
topic, Boulder Summer, how to enjoy the most
00:56:05.710 --> 00:56:09.760
of the season. and all of the different events.
00:56:10.460 --> 00:56:11.760
Almost every day of the week, there's something
00:56:11.760 --> 00:56:14.539
going on here in our lovely community. And you
00:56:14.539 --> 00:56:16.539
just got our take on it. So maybe we'll see you
00:56:16.539 --> 00:56:17.980
out there. Hope to bump into you guys. Yeah.
00:56:19.820 --> 00:56:24.000
And now this one. What's the, how can we craft
00:56:24.000 --> 00:56:27.460
a segue for this one? Tales for the trenches.
00:56:28.760 --> 00:56:30.760
Well, you got our warm and fuzzy, and now you're
00:56:30.760 --> 00:56:32.840
going to get the other side of House Einstein,
00:56:33.059 --> 00:56:36.880
which is due diligence and learning. And it's
00:56:36.880 --> 00:56:42.039
really important that as an organization, we
00:56:42.039 --> 00:56:46.639
foster an attitude of learning. It doesn't matter
00:56:46.639 --> 00:56:48.340
how many years we've been doing this. And as
00:56:48.340 --> 00:56:51.099
a team, we've been doing it over 40, but there's
00:56:51.099 --> 00:56:54.739
always something new to learn. And we had a recent
00:56:54.739 --> 00:56:59.380
situation where we represented the buyers and...
00:56:59.210 --> 00:57:01.670
well -known agent represented the sellers, listed
00:57:01.670 --> 00:57:04.550
a home and our clients acquired the home. And
00:57:04.550 --> 00:57:06.269
after they acquired the home, they discovered
00:57:06.269 --> 00:57:10.150
asbestos tile underneath the carpet in the remodeled
00:57:10.150 --> 00:57:13.889
portion of the property. And the seller had not
00:57:13.889 --> 00:57:17.489
disclosed that it was asbestos tile. So it's
00:57:17.489 --> 00:57:22.650
very common for homeowners to mitigate asbestos
00:57:22.650 --> 00:57:25.409
tile by just covering it with carpet or other
00:57:25.409 --> 00:57:27.880
types of flooring. right? Because it's only when
00:57:27.880 --> 00:57:30.159
this material is broken and becomes airborne
00:57:30.159 --> 00:57:32.380
that it's dangerous, otherwise it's still a wonder
00:57:32.380 --> 00:57:35.119
material, right? It doesn't burn and it's really
00:57:35.119 --> 00:57:38.519
durable and not all types of asbestos are necessarily
00:57:38.519 --> 00:57:41.679
dangerous, so you really have to test the suspect
00:57:41.679 --> 00:57:44.139
material to find out whether or not it is asbestos
00:57:44.139 --> 00:57:46.260
containing. It could be the tile, it could be
00:57:46.260 --> 00:57:49.079
the mastic or the glue material that stuck the
00:57:49.079 --> 00:57:52.019
tile down and You can't tell by just looking
00:57:52.019 --> 00:57:54.239
at it. It can also be ceiling tile. It's not
00:57:54.239 --> 00:57:57.059
just floor tiling. It can also be in the drywall
00:57:57.059 --> 00:57:59.820
compound or in the drywall itself, which is why
00:57:59.820 --> 00:58:01.400
if you have an insurance claim, the first thing
00:58:01.400 --> 00:58:03.239
they do is check for asbestos because they can
00:58:03.239 --> 00:58:06.079
make a lot more money if it does contain asbestos
00:58:06.079 --> 00:58:10.119
than if it didn't. That's great and of course
00:58:10.119 --> 00:58:12.480
concern over your health and it is a scary thing
00:58:12.480 --> 00:58:14.739
because these fibers are so small They don't
00:58:14.739 --> 00:58:17.119
your lungs don't have a system for evacuating
00:58:17.119 --> 00:58:19.199
the fibers and they cause cancer over lung periods
00:58:19.199 --> 00:58:23.139
of time. So Anyway, our client commonly popcorn
00:58:23.480 --> 00:58:26.480
Ceiling to very commonly popcorn ceiling for
00:58:26.480 --> 00:58:28.599
sure. And after closing our client discovered
00:58:28.599 --> 00:58:31.119
this tile and asked us to check with the listing
00:58:31.119 --> 00:58:34.159
agent on what the seller knew about it. And the
00:58:34.159 --> 00:58:36.199
seller said, oh yeah, we knew there's tile down
00:58:36.199 --> 00:58:38.019
there. We had it tested. It's not as negative
00:58:38.019 --> 00:58:41.219
for asbestos. And we reported that back to our.
00:58:41.440 --> 00:58:44.460
Client but there was no asbestos report and there
00:58:44.460 --> 00:58:47.639
was caveat in the language as I recall the seller
00:58:47.639 --> 00:58:50.960
said to our recollection it doesn't contain asbestos
00:58:50.960 --> 00:58:54.199
and that struck me as a little fuzzy and because
00:58:54.199 --> 00:58:57.599
we're talking about. Potentially has safety material
00:58:57.599 --> 00:59:01.949
we want to have. Like, it's reasonable to go
00:59:01.949 --> 00:59:03.690
get it tested, and it's not that expensive if
00:59:03.690 --> 00:59:05.909
you take your own sample. So our client decided
00:59:05.909 --> 00:59:08.309
to go ahead and get it tested, and surprise,
00:59:08.510 --> 00:59:10.869
surprise, the material that was thought to not
00:59:10.869 --> 00:59:13.650
contain asbestos does contain harmful asbestos.
00:59:13.889 --> 00:59:16.190
And now our client's going to go ahead and have
00:59:16.190 --> 00:59:19.070
it mitigated, but they're a little bit annoyed
00:59:19.070 --> 00:59:21.610
that this was not disclosed to them prior to
00:59:21.610 --> 00:59:25.420
closing. I don't disagree with them. Of course,
00:59:25.440 --> 00:59:27.900
we're not here to make the disclosure on the
00:59:27.900 --> 00:59:30.360
part of the cellar. We had no idea that there
00:59:30.360 --> 00:59:33.119
was tile underneath the carpet. But in this age
00:59:33.119 --> 00:59:36.199
of home, particularly in South Boulder, but really,
00:59:36.400 --> 00:59:40.139
really any home that was constructed prior to
00:59:40.139 --> 00:59:44.599
probably 1985, I would think has asbestos somewhere.
00:59:45.300 --> 00:59:49.539
And it's extremely common for basements and lower
00:59:49.539 --> 00:59:53.519
levels to have had this, this tile flooring,
00:59:53.519 --> 00:59:57.679
and it's extremely common that people, rather
00:59:57.679 --> 01:00:00.679
than remove the tile and the mastic and have
01:00:00.679 --> 01:00:02.380
it professionally mitigated, they'll just have
01:00:02.380 --> 01:00:04.860
it covered with carpet and call it good, right?
01:00:04.880 --> 01:00:06.980
They'll just move on because it's encapsulated.
01:00:06.980 --> 01:00:09.760
It's no longer airborne and conveniently forget
01:00:09.760 --> 01:00:11.699
that it was ever there. Maybe they never tested
01:00:11.699 --> 01:00:14.780
it and they don't really know. So what's a buyer
01:00:14.780 --> 01:00:17.480
to do? And I think that the lesson from this
01:00:17.480 --> 01:00:21.889
experience, first, We should add that it's not
01:00:21.889 --> 01:00:26.150
an agent's duty in Colorado to be doing their
01:00:26.150 --> 01:00:29.110
buyer's due diligence. But at the same time,
01:00:29.289 --> 01:00:31.349
and this is the foundation for House Einstein,
01:00:32.070 --> 01:00:35.110
we feel like we should be advising our clients
01:00:35.110 --> 01:00:36.969
to the best of our ability. They're still legally
01:00:36.969 --> 01:00:40.489
responsible, not us, at due diligence, right?
01:00:40.489 --> 01:00:42.530
At doing their due diligence, but we want to
01:00:42.530 --> 01:00:46.730
support it. And if you think about it, if you
01:00:46.730 --> 01:00:50.260
see newer flooring, or flooring that might be
01:00:50.260 --> 01:00:53.900
covering another material, there's no reason
01:00:53.900 --> 01:00:55.500
you can't ask the seller, what do you know about
01:00:55.500 --> 01:00:57.699
what's under the carpet? And maybe you do that
01:00:57.699 --> 01:00:59.980
once you're under contract. You should probably
01:00:59.980 --> 01:01:02.659
do it formally in an email to the listing agent,
01:01:03.199 --> 01:01:05.739
but you should, it's not a bad question if there's
01:01:05.739 --> 01:01:08.079
any reason to suspect that there might be asbestos
01:01:08.079 --> 01:01:11.300
containing tile or. popcorn ceilings before you
01:01:11.300 --> 01:01:14.119
schedule the inspection, you can ask. So what
01:01:14.119 --> 01:01:15.860
we usually do is have a list of questions, right?
01:01:15.900 --> 01:01:18.559
Let's get all the questions in one and submit
01:01:18.559 --> 01:01:21.239
it formally to the listing agent to go ask the
01:01:21.239 --> 01:01:24.179
buyer. And then we'd like the answer back in
01:01:24.179 --> 01:01:27.599
writing so we can provide it to our client. And
01:01:27.599 --> 01:01:30.159
that might be an indication to go into further
01:01:30.159 --> 01:01:33.739
due diligence on. Ceiling tile or floor tile
01:01:33.739 --> 01:01:37.019
or or or if they say yeah, we have tile under
01:01:37.019 --> 01:01:39.800
the carpet when we remodeled We threw down carpet.
01:01:39.880 --> 01:01:43.780
We never had it tested Well, I think the next
01:01:43.780 --> 01:01:46.019
question is can we pull up a corner and test
01:01:46.019 --> 01:01:49.820
the tile and if they say no You can choose to,
01:01:49.820 --> 01:01:51.639
you can choose to what to do with that information,
01:01:51.639 --> 01:01:54.320
right? You could terminate the contract. If you
01:01:54.320 --> 01:01:57.519
have left that exit open, you could decide that
01:01:57.519 --> 01:01:59.920
it's not that expensive to mitigate floor tile.
01:02:00.260 --> 01:02:02.199
So you'll deal with it yourself. Once you're
01:02:02.199 --> 01:02:04.579
after closing, you could do multiple options
01:02:04.579 --> 01:02:06.739
for how to move forward at that point. But I
01:02:06.739 --> 01:02:09.300
think the lesson from this particular experience
01:02:09.300 --> 01:02:12.400
was we saw the new carpet and if we had thought
01:02:12.400 --> 01:02:14.519
about it, it would have been a reasonable question
01:02:14.519 --> 01:02:18.239
to ask before. The inspection period in the contract
01:02:18.239 --> 01:02:21.699
expired, ideally, and absolutely before the due
01:02:21.699 --> 01:02:25.460
diligence period expires. So sellers are required
01:02:25.460 --> 01:02:28.219
and their agents are required to proactively
01:02:28.219 --> 01:02:31.760
disclose known defects with the property. Very
01:02:31.760 --> 01:02:34.239
rarely do we get any sellers disclosing anything.
01:02:34.739 --> 01:02:37.159
So take that with a grain of salt, but when you
01:02:37.159 --> 01:02:39.119
ask the question directly, suddenly they feel
01:02:39.119 --> 01:02:43.210
the onus of liability. And if I'm the listing
01:02:43.210 --> 01:02:45.269
agent getting this list of questions and I submit
01:02:45.269 --> 01:02:47.949
it to my seller and they call me and say, God,
01:02:48.050 --> 01:02:49.530
I don't know what should I tell them? I'm going
01:02:49.530 --> 01:02:52.230
to tell them, tell them what you know. Like if
01:02:52.230 --> 01:02:54.369
you know that that is asbestos containing tile
01:02:54.369 --> 01:02:57.030
You should tell them that if you don't know you
01:02:57.030 --> 01:02:58.909
should say there's tile underneath there I don't
01:02:58.909 --> 01:03:01.429
know what it is But be prepared for them to ask
01:03:01.429 --> 01:03:04.210
if they can go get it tested because it is a
01:03:04.210 --> 01:03:05.929
serious health concern It is something to worry
01:03:05.929 --> 01:03:08.690
about not all forms and not all cases But buyers
01:03:08.690 --> 01:03:10.449
are spending a lot of money and they're gonna
01:03:10.449 --> 01:03:15.219
do their due diligence. So They ought to. And
01:03:15.219 --> 01:03:18.159
if you knowingly are concealing something, I
01:03:18.159 --> 01:03:21.099
feel like your liability is much higher than
01:03:21.099 --> 01:03:24.840
if you proactively disclose, right? You're better
01:03:24.840 --> 01:03:27.380
off to proactively disclose. If you're not proactively
01:03:27.380 --> 01:03:29.059
disclosing, you absolutely should be answering
01:03:29.059 --> 01:03:30.880
these questions to the best of your knowledge
01:03:30.880 --> 01:03:33.719
that you're getting from a buyer and agents,
01:03:34.380 --> 01:03:37.250
including us. need to use their eyes and all
01:03:37.250 --> 01:03:40.050
of their senses and their experience to guide
01:03:40.050 --> 01:03:42.489
their buyers to asking better questions. And
01:03:42.489 --> 01:03:44.829
so that's the biggest lesson of this one is that,
01:03:44.869 --> 01:03:47.730
in hindsight, I wish we had asked before the
01:03:47.730 --> 01:03:49.469
inspection period was over about what was under
01:03:49.469 --> 01:03:51.449
the new carpet. And that's all it is, is new
01:03:51.449 --> 01:03:53.130
carpet. There was nothing else to see there.
01:03:53.349 --> 01:03:55.170
And now we know there was something under the
01:03:55.170 --> 01:03:57.630
carpet. That's the real lesson about it. It's
01:03:57.630 --> 01:04:00.690
like, OK, we've got this flooring. And then what's
01:04:00.690 --> 01:04:06.219
the one step beyond that, right? Yeah, as best
01:04:06.219 --> 01:04:08.880
as this is a tricky one. I've made a gated for
01:04:08.880 --> 01:04:11.800
it from a popcorn ceiling standpoint I'd like
01:04:11.800 --> 01:04:15.219
to imagine that tile might be a little bit easier
01:04:15.219 --> 01:04:18.420
But then again, you're breaking up this tile
01:04:18.420 --> 01:04:21.079
and breaking up this mastic like that would probably
01:04:21.079 --> 01:04:25.659
be a ton of effort to professional mitigation
01:04:25.659 --> 01:04:28.019
companies have specialized tools and techniques
01:04:28.019 --> 01:04:32.079
to do this and And they're not grinding it. They're
01:04:32.079 --> 01:04:35.199
chiseling it out I paid to have it removed once
01:04:35.199 --> 01:04:38.019
even though the tile was coming up by hand and
01:04:38.019 --> 01:04:40.300
the Mastic tested negative and I was like, you
01:04:40.300 --> 01:04:43.980
know, I know it's asbestos and I want The professional
01:04:43.980 --> 01:04:46.199
mitigation. So I have a chain of custody, right?
01:04:46.280 --> 01:04:48.280
I have the, like, I have the report that says
01:04:48.280 --> 01:04:50.139
it was asbestos. I have the report that says
01:04:50.139 --> 01:04:52.380
it was mitigated. And if I ever go in and sell
01:04:52.380 --> 01:04:54.480
that house, which someday it might be sold, I
01:04:54.480 --> 01:04:56.860
can say, yes, it had asbestos and here are the
01:04:56.860 --> 01:04:59.059
receipts that show it was professionally mitigated.
01:04:59.179 --> 01:05:02.139
Period. And it sucks because the guys that typically
01:05:02.139 --> 01:05:04.400
men, but the people that do this work often drive
01:05:04.400 --> 01:05:07.159
really fancy pickup trucks with big belt buckles.
01:05:07.500 --> 01:05:10.199
Right? Like there's a lot of profit in your sphere
01:05:10.199 --> 01:05:13.960
of asbestos and. It brings out a certain type
01:05:13.960 --> 01:05:16.039
of contractor not all of them. Okay, but I'm
01:05:16.039 --> 01:05:19.219
saying that there are certain types of Contract
01:05:19.219 --> 01:05:22.079
work on houses that tend to be more lucrative
01:05:22.079 --> 01:05:24.440
than others and asbestos mitigation is one of
01:05:24.440 --> 01:05:28.119
them environmental in general, right like just
01:05:28.119 --> 01:05:31.539
Yeah, I that's almost maybe a topic or a thumbnail
01:05:31.539 --> 01:05:34.719
or something. It's like shiny truck You know
01:05:34.719 --> 01:05:38.239
on these contractors, but if it's underground
01:05:38.239 --> 01:05:43.300
Or it scares you It's a profit source for the
01:05:43.300 --> 01:05:49.579
contractor sewer lines foundations asbestos mitigation
01:05:49.579 --> 01:05:52.559
Radon is not radon is so cheap and easy to mitigate
01:05:52.559 --> 01:05:54.699
that it is not like those guys don't typically
01:05:54.699 --> 01:05:59.159
drive fancy trucks, but But the other sub specialties
01:05:59.159 --> 01:06:01.880
they drive fancy vehicles because it's super
01:06:01.880 --> 01:06:04.760
profitable The smart ones don't bring the fancy
01:06:04.760 --> 01:06:09.110
vehicle to the to the appointment But no, right?
01:06:09.510 --> 01:06:15.230
They show up humble. Yeah. But, oh man, I don't
01:06:15.230 --> 01:06:17.989
know. As maybe a side fart, but we had these
01:06:17.989 --> 01:06:21.750
clients last year and I recommended them the
01:06:21.750 --> 01:06:24.789
environmental testing company that I'd used,
01:06:25.050 --> 01:06:27.510
a referral from a friend who worked at a mitigation
01:06:27.510 --> 01:06:31.309
company. And they had just an absolutely horrible
01:06:31.309 --> 01:06:34.949
experience, which really bothered me. Being that
01:06:34.949 --> 01:06:39.480
I recommended them. Did you circle back to your
01:06:39.480 --> 01:06:41.219
friend who recommended them and tell them about
01:06:41.219 --> 01:06:45.239
the experience? He no longer works there. I mean,
01:06:45.360 --> 01:06:48.980
he lives in Arizona. Yeah. Sometimes people recommend
01:06:48.980 --> 01:06:53.420
others because they're friends. And I appreciate
01:06:53.420 --> 01:06:55.659
friendship and loyalty. I have incredible loyalty
01:06:55.659 --> 01:06:58.260
to my friends. But when you're recommending somebody
01:06:58.260 --> 01:07:00.480
on the basis of professional service, it needs
01:07:00.480 --> 01:07:04.300
to be first the professionalism of the service
01:07:04.300 --> 01:07:07.800
and was it Priced appropriately and then also
01:07:07.800 --> 01:07:09.460
you can say at the end and I also want to mention
01:07:09.460 --> 01:07:12.159
this person is a friend of mine But if you hear
01:07:12.159 --> 01:07:14.039
that they if they did not do good quality work
01:07:14.039 --> 01:07:16.539
for you I need you to tell me because I'm gonna
01:07:16.539 --> 01:07:18.179
give them that feedback and then I'm not gonna
01:07:18.179 --> 01:07:19.940
recommend them again if they don't change their
01:07:19.940 --> 01:07:22.559
ways because Like and actually still be friends.
01:07:22.800 --> 01:07:25.639
We're just not gonna be like we're not gonna
01:07:25.639 --> 01:07:27.639
be sending you referrals if you're not taking
01:07:27.639 --> 01:07:30.639
care of our kind of Yeah, you lost that that
01:07:30.829 --> 01:07:33.630
Trust and that is the bummer to his so it wasn't
01:07:33.630 --> 01:07:36.769
his company. It was the company that like he
01:07:36.769 --> 01:07:39.849
Uses and in my experience, it was just in and
01:07:39.849 --> 01:07:42.170
out like I think it was like 500 bucks and it
01:07:42.170 --> 01:07:46.250
was solid right all done But then yeah these
01:07:46.250 --> 01:07:48.050
clients it sounds like they wanted like payment
01:07:48.050 --> 01:07:51.010
before the work and like all sorts of weird extortionary
01:07:51.010 --> 01:07:53.730
things So actually now that you bring it up also,
01:07:53.730 --> 01:07:57.019
I will bring it up with him I think you should.
01:07:57.219 --> 01:07:59.739
I think that feedback's important because the
01:07:59.739 --> 01:08:02.820
person they recommended, I heard the stories
01:08:02.820 --> 01:08:05.519
too. They sounded like crooks and they behaved
01:08:05.519 --> 01:08:09.219
very badly. And it was embarrassing for me to
01:08:09.219 --> 01:08:10.860
hear what happened to our client. I was very
01:08:10.860 --> 01:08:13.380
upset by that experience. But if you don't get
01:08:13.380 --> 01:08:15.219
the feedback, you don't know that's what happened.
01:08:16.100 --> 01:08:22.020
And so we have a great Rolodex of contractors.
01:08:23.710 --> 01:08:28.229
Each of them knows that their continued existence
01:08:28.229 --> 01:08:32.310
in our network is predicated on them not screwing
01:08:32.310 --> 01:08:35.779
our clients. Not ripping them off and showing
01:08:35.779 --> 01:08:37.960
up on time getting the job done for the bid.
01:08:38.159 --> 01:08:40.000
They said they would do they don't necessarily
01:08:40.000 --> 01:08:41.880
need to be the cheapest. They need to be ethical
01:08:41.880 --> 01:08:44.079
honest and do good work and they need to charge
01:08:44.079 --> 01:08:46.319
a reasonable price. That's competitive, but they
01:08:46.319 --> 01:08:48.140
don't need to blow away everyone else's prices
01:08:48.140 --> 01:08:50.760
because there are so many contractors that are
01:08:50.760 --> 01:08:55.020
crooks that knowing that this one's not is important.
01:08:55.020 --> 01:08:58.899
And so we have that Rolodex and you know every
01:08:58.899 --> 01:09:00.640
once in a while. It's the client. That's the
01:09:00.640 --> 01:09:03.449
problem. right like it's a client with expectations
01:09:03.449 --> 01:09:06.250
but not with these guys it's super rare because
01:09:06.250 --> 01:09:08.369
we if our client's going to be a problem we don't
01:09:08.369 --> 01:09:12.449
give them the list I hate to say that, but we're
01:09:12.449 --> 01:09:14.670
actually protective of our referral network too.
01:09:15.270 --> 01:09:17.970
And if we discover that this client is never
01:09:17.970 --> 01:09:20.510
gonna be satisfied and is verbally abusive and
01:09:20.510 --> 01:09:22.789
doesn't pay their contractors, we're not giving
01:09:22.789 --> 01:09:25.229
them our referral list because they're gonna...
01:09:25.229 --> 01:09:27.270
I don't wanna send people, that's my agreement
01:09:27.270 --> 01:09:29.970
with one of our handy people, that the only people
01:09:29.970 --> 01:09:32.630
I'm ever gonna send you are people that are pleasant,
01:09:32.869 --> 01:09:36.220
ethical, pay... pay on time, are not unreasonable
01:09:36.220 --> 01:09:38.840
people. They will treat you well if you treat
01:09:38.840 --> 01:09:42.060
them well. And that, that has worked out well
01:09:42.060 --> 01:09:46.359
for many years. Yeah. I was, um, I mean, sidebar
01:09:46.359 --> 01:09:48.119
over, but that was a bummer. I was very excited
01:09:48.119 --> 01:09:50.960
to, you know, be able to like add that to the,
01:09:50.960 --> 01:09:52.840
add them to the Rolodex and then just hearing
01:09:52.840 --> 01:09:57.810
their, I mean, come on. Yeah. Yeah. I mean, you
01:09:57.810 --> 01:10:00.649
blew it. I once had a lender. This is my first
01:10:00.649 --> 01:10:03.029
year in the business who added a bunch of fees
01:10:03.029 --> 01:10:05.850
on our client's closing statement at the end
01:10:05.850 --> 01:10:08.310
at the finish line. And we were like, what are
01:10:08.310 --> 01:10:09.689
these? And our client called us. They're like,
01:10:09.829 --> 01:10:11.949
we're getting like three thousand dollars worth
01:10:11.949 --> 01:10:14.050
of fees from the lender. And he never mentioned
01:10:14.050 --> 01:10:16.750
it. This is before. All the disclosures, right?
01:10:17.069 --> 01:10:20.369
Closing disclosure. So this is years ago. This
01:10:20.369 --> 01:10:23.409
is 2005. We called the lender. I won't mention
01:10:23.409 --> 01:10:25.170
his name because he's still in the business.
01:10:25.170 --> 01:10:27.109
And we're like, what are these fees? He's like,
01:10:27.130 --> 01:10:30.170
oh, I'll remove them. I'll remove them. And he
01:10:30.170 --> 01:10:33.229
did. And after closing, he was so apologetic.
01:10:33.250 --> 01:10:35.989
And I was like, dude, I'm sorry. He begged to
01:10:35.989 --> 01:10:38.250
be back on our referral list several times after
01:10:38.250 --> 01:10:40.810
that. And we're like, absolutely not. I'm sorry.
01:10:40.949 --> 01:10:44.829
But this like your choice to be unethical. and
01:10:44.829 --> 01:10:47.729
try to pad your profit at the finish line with
01:10:47.729 --> 01:10:51.310
our client just points to a lack of ethics and
01:10:51.310 --> 01:10:53.409
integrity that we don't think is fixable for
01:10:53.409 --> 01:10:58.750
you. As a 40 year old, we expected that you learned
01:10:58.750 --> 01:11:02.189
that lying is bad and cheating is wrong a long
01:11:02.189 --> 01:11:04.909
time ago. And the fact you're trying it tells
01:11:04.909 --> 01:11:06.670
us you're probably gonna try it again and we
01:11:06.670 --> 01:11:09.350
can't risk it. And that it existed in the first
01:11:09.350 --> 01:11:11.930
place isn't a great feeling, you know? It's like,
01:11:12.090 --> 01:11:14.409
okay, we'll let you in, just don't rob our clients.
01:11:14.510 --> 01:11:18.829
Like, no, you know? Right, exactly. And so we
01:11:18.829 --> 01:11:20.829
used to call that our one strike policy. And
01:11:20.829 --> 01:11:23.109
it's not one strike, like they screwed up. And
01:11:23.109 --> 01:11:25.409
if they own the mistake and they fix it in a
01:11:25.409 --> 01:11:28.550
way that feels right for everybody involved.
01:11:28.810 --> 01:11:31.449
And if it's an honest mistake or a miscommunication,
01:11:31.449 --> 01:11:33.329
that's very different than a business model that's
01:11:33.329 --> 01:11:36.250
based on fraud. And that's what this lender was
01:11:36.250 --> 01:11:39.069
doing. was he was like okay we're two days from
01:11:39.069 --> 01:11:40.890
closing they can't choose anybody else so i'm
01:11:40.890 --> 01:11:42.689
gonna sneak in these thousands of dollars of
01:11:42.689 --> 01:11:45.829
fees and hope they don't notice and boy they
01:11:45.829 --> 01:11:50.550
noticed dude yeah holy cow and he was he originally
01:11:50.550 --> 01:11:52.350
told him these fees are normal they're part of
01:11:52.350 --> 01:11:54.569
every transaction and our clients are like what
01:11:54.569 --> 01:11:56.609
really and that's what they've asked us about
01:11:56.609 --> 01:11:58.409
and we looked at this we're like none of these
01:11:58.409 --> 01:12:00.869
fees are normal what is going on in this transaction
01:12:00.869 --> 01:12:04.649
um and it was astounding that, that the slender
01:12:04.649 --> 01:12:06.590
tried it. So I'm not going to mention his name,
01:12:06.729 --> 01:12:08.329
but I mean, that's an idea for another topic
01:12:08.329 --> 01:12:11.890
is fees in general. Cause I mean, we're getting
01:12:11.890 --> 01:12:14.090
asked now by title companies if we have any like
01:12:14.090 --> 01:12:17.250
admin fees and office fees and all sorts of things.
01:12:18.069 --> 01:12:19.590
So that, and the only reason we're getting asked
01:12:19.590 --> 01:12:21.850
that is because other agents are charging them.
01:12:22.529 --> 01:12:25.399
So when you choose your agent, Make sure you
01:12:25.399 --> 01:12:27.479
ask them about any office or admin fees that
01:12:27.479 --> 01:12:30.119
they try to tack on at the end, because 100 %
01:12:30.119 --> 01:12:32.319
those are not necessary. Like in addition to
01:12:32.319 --> 01:12:34.319
the commission, you're paying $500, $1 ,000,
01:12:34.420 --> 01:12:36.659
$1 ,500 office admin fees. And it's like, wait
01:12:36.659 --> 01:12:39.210
a minute, that was supposed to be. That's what
01:12:39.210 --> 01:12:41.329
you got paid the two and a half or two point
01:12:41.329 --> 01:12:43.489
eight or three percent for you weren't getting
01:12:43.489 --> 01:12:46.010
paid like enough You're going for like these
01:12:46.010 --> 01:12:48.810
add -on fees and they're not regulated like I
01:12:48.810 --> 01:12:50.829
could make up the Osmond's got a bill to pay
01:12:50.829 --> 01:12:53.470
fee and have the title company added on as an
01:12:53.470 --> 01:12:56.170
admin fee at the end and And then you could say
01:12:56.170 --> 01:12:57.550
wait a minute. I don't want to pay this and we'd
01:12:57.550 --> 01:12:59.090
have an arm wrestling contest over Of course,
01:12:59.090 --> 01:13:01.109
we don't do that, right? But you know who it
01:13:01.109 --> 01:13:03.069
we there literally is no regulation around the
01:13:03.069 --> 01:13:10.729
fees that we can add on It's insane Okay In the
01:13:10.729 --> 01:13:14.090
state of Colorado, under our current regulatory
01:13:14.090 --> 01:13:16.770
environment, I need to copy out that stuff, that
01:13:16.770 --> 01:13:18.869
we work here in Colorado and not other states.
01:13:19.229 --> 01:13:21.069
And other states may have better regulations
01:13:21.069 --> 01:13:23.489
than Colorado, although Colorado is pretty forward
01:13:23.489 --> 01:13:27.229
compared to most states. Good caveat. All right,
01:13:27.529 --> 01:13:31.470
let's move on to our market updates and I'm gonna
01:13:31.470 --> 01:13:34.010
try to get through this on a relatively quick
01:13:34.010 --> 01:13:37.310
basis But I feel like it's it's been a while
01:13:37.310 --> 01:13:39.989
and instead of using generic data We're gonna
01:13:39.989 --> 01:13:43.029
actually when that generic generic charts and
01:13:43.029 --> 01:13:45.069
graphs are just reading you the data I'm gonna
01:13:45.069 --> 01:13:48.550
walk you through a visual of a research report.
01:13:48.550 --> 01:13:51.890
I have maintained for many years and on the share
01:13:51.890 --> 01:13:54.069
screen, and we're only gonna look at the city
01:13:54.069 --> 01:13:56.529
of Boulder, and we're only gonna look at single
01:13:56.529 --> 01:13:59.850
family detached houses. We're also using MLS
01:13:59.850 --> 01:14:03.529
data. MLS data in theory is arm's length, and
01:14:03.529 --> 01:14:05.909
more accurate than if we had pulled all the data
01:14:05.909 --> 01:14:08.390
from the tax assessor to create the same chart,
01:14:08.670 --> 01:14:11.489
because data from the tax assessor may include
01:14:11.489 --> 01:14:14.909
non arm's length transactions. So these are deals
01:14:14.909 --> 01:14:18.329
on the MLS that were conducted by licensed real
01:14:18.329 --> 01:14:22.250
estate agents. All right. And I want to say too,
01:14:22.529 --> 01:14:25.029
as Osmond gets visual with this podcast, I will
01:14:25.029 --> 01:14:28.069
for the listeners put a link to the exact time
01:14:28.069 --> 01:14:30.750
code that this starts in the YouTube version
01:14:30.750 --> 01:14:33.090
of the podcast. So if you want to listen through
01:14:33.090 --> 01:14:35.029
it, but then actually see these graphs, check
01:14:35.029 --> 01:14:36.930
the description, click on that YouTube link and
01:14:36.930 --> 01:14:39.569
it should just take you right, call it here.
01:14:40.310 --> 01:14:43.369
Yeah. Okay. Thanks Hamish. This is the actual
01:14:43.369 --> 01:14:48.170
Excel file I use to track data in the communities.
01:14:48.470 --> 01:14:51.270
that I serve. And we're going to start, we're
01:14:51.270 --> 01:14:53.250
just going to cover city of Boulder, not Boulder
01:14:53.250 --> 01:14:55.930
County. The city of Boulder is within Boulder
01:14:55.930 --> 01:14:58.189
County, but we're only looking at the city and
01:14:58.189 --> 01:15:00.569
we're only looking at single family houses. All
01:15:00.569 --> 01:15:04.750
right. The gray shaded area in this chart is
01:15:04.750 --> 01:15:08.289
the average of the preceding, the preceding three
01:15:08.289 --> 01:15:11.890
years. So this is a monthly chart. And then it's
01:15:11.890 --> 01:15:13.710
showing you what the average of the last three
01:15:13.710 --> 01:15:16.699
years has been. And the chart is a look back
01:15:16.699 --> 01:15:19.340
over the previous 12 months. So it ends with
01:15:19.340 --> 01:15:21.819
data in April. And in the next couple of weeks,
01:15:21.819 --> 01:15:24.260
I'll update this for the data for May, but May
01:15:24.260 --> 01:15:26.220
is, is we're currently in the month of May. So
01:15:26.220 --> 01:15:28.800
this is the most recent official data from the
01:15:28.800 --> 01:15:31.819
MLS and the yellow standard deviation. Yeah.
01:15:31.880 --> 01:15:35.020
Sorry. Carry on. Yep. The yellow line is the
01:15:35.020 --> 01:15:37.260
last 12 months. So the yellow line is the most
01:15:37.260 --> 01:15:40.619
current data. The gray area is the average of
01:15:40.619 --> 01:15:43.199
the past three years. And then this little white
01:15:43.199 --> 01:15:46.409
bar is the. standard deviation. And this first
01:15:46.409 --> 01:15:50.810
chart is the city of Boulder and the number of
01:15:50.810 --> 01:15:53.590
new listings to have hit the market in the last
01:15:53.590 --> 01:15:58.470
12 months. And boy, what a normal looking chart.
01:15:58.529 --> 01:16:00.489
There's only a few months where we've been outside
01:16:00.489 --> 01:16:03.229
the standard deviation of the last three years.
01:16:04.029 --> 01:16:07.630
And it wasn't April. So the market has normalized
01:16:07.630 --> 01:16:10.329
when it comes to new listings coming on. And
01:16:10.329 --> 01:16:13.159
then this next chart, We're only going to look
01:16:13.159 --> 01:16:15.020
at the left one. Sorry. The one on the right
01:16:15.020 --> 01:16:18.239
is not updated. Okay. This is the number of active
01:16:18.239 --> 01:16:21.720
listings in the city of Boulder. Same information.
01:16:21.880 --> 01:16:23.800
The shaded area is the average of the previous
01:16:23.800 --> 01:16:26.800
three years on a monthly basis. And the yellow
01:16:26.800 --> 01:16:29.859
line is the last 12 months. And you can see the
01:16:29.859 --> 01:16:32.159
seasonality. No surprise. You see active listings
01:16:32.159 --> 01:16:37.029
start to begin to dip. Usually in july sometimes
01:16:37.029 --> 01:16:40.449
in june and then it slides down were active listings
01:16:40.449 --> 01:16:42.489
drop to their bottom usually in the month of
01:16:42.489 --> 01:16:44.989
december you know sometimes it's rare like here
01:16:44.989 --> 01:16:48.369
you see the average is actually higher in september.
01:16:48.670 --> 01:16:50.689
You know that and in many years we've seen it
01:16:50.689 --> 01:16:53.550
peak in may or june but in this particular three
01:16:53.550 --> 01:16:55.789
year look back it was september that had the
01:16:55.789 --> 01:16:58.109
peak but look how wide the standard deviation
01:16:58.109 --> 01:17:00.859
is. So we're not looking at like a very, like
01:17:00.859 --> 01:17:02.420
you see the pattern, but there's quite a bit
01:17:02.420 --> 01:17:05.220
of variability in it, bottoming in December and
01:17:05.220 --> 01:17:07.960
then climbing out. And December's got smaller
01:17:07.960 --> 01:17:12.279
deviation to it too. Much smaller. Yeah. Much
01:17:12.279 --> 01:17:16.600
smaller deviation. So I can tell you that active
01:17:16.600 --> 01:17:20.760
listings are much higher. In the month of may
01:17:20.760 --> 01:17:23.319
already we know that and but look at the gap
01:17:23.319 --> 01:17:25.520
between the average and they're all outside the
01:17:25.520 --> 01:17:28.939
standard deviation so short answer is that this
01:17:28.939 --> 01:17:33.439
data is showing you that. That inventory levels
01:17:33.439 --> 01:17:36.720
remain elevated and remain significantly elevated
01:17:36.720 --> 01:17:39.220
right you're looking at you know the peak of
01:17:39.220 --> 01:17:40.779
last year which was september you're looking
01:17:40.779 --> 01:17:43.359
at a number that's roughly about two fifty or
01:17:43.359 --> 01:17:45.380
a little more than two fifty and this year you're
01:17:45.380 --> 01:17:47.220
looking at. or the last 12 months, you're looking
01:17:47.220 --> 01:17:50.340
at a number that was over 350. So there's a lot
01:17:50.340 --> 01:17:52.500
of inventory still on the market is the takeaway.
01:17:52.859 --> 01:17:55.439
But as we often say, not at all price points,
01:17:55.600 --> 01:17:58.539
not at all locations. And this is the whole city
01:17:58.539 --> 01:18:00.800
of Boulder at all prices. And if you're actually
01:18:00.800 --> 01:18:03.899
buying or selling, you need granularity to this
01:18:03.899 --> 01:18:06.180
analysis in order to make an intelligent decision.
01:18:06.220 --> 01:18:08.859
And that's information that some agents are very
01:18:08.859 --> 01:18:10.899
good at providing and other agents will just
01:18:10.899 --> 01:18:12.760
show you some generic stuff from the MLS. They're
01:18:12.760 --> 01:18:15.220
not able to give you that intel and intelligent
01:18:15.210 --> 01:18:16.770
decisions are based on deep market knowledge.
01:18:16.890 --> 01:18:19.590
So don't skimp out on choosing your agent. And
01:18:19.590 --> 01:18:21.350
I guess I should mention House Einstein, that's
01:18:21.350 --> 01:18:23.789
what we do. So reach out to us if you're looking
01:18:23.789 --> 01:18:27.050
for that type of service. Okay, so the next chart,
01:18:27.529 --> 01:18:29.350
pending sales, right? So these are properties
01:18:29.350 --> 01:18:32.909
that are in active backup or pending status,
01:18:33.130 --> 01:18:35.489
meaning that they are under contract and they
01:18:35.489 --> 01:18:37.770
are headed toward closing. A good portion of
01:18:37.770 --> 01:18:41.149
them don't close. My rule of thumb has been roughly
01:18:41.149 --> 01:18:44.560
20%. Will come back to market because the buyer
01:18:44.560 --> 01:18:47.159
bales for one reason or another maybe they weren't
01:18:47.159 --> 01:18:49.340
ready to buy and that often is the reason or
01:18:49.340 --> 01:18:51.260
maybe they found an inspection issue that just
01:18:51.260 --> 01:18:53.560
can't live with or maybe they realize the grossly
01:18:53.560 --> 01:18:55.560
overpaying and they look for an inspection reason
01:18:55.560 --> 01:18:57.659
to exit because they don't like the price anymore
01:18:57.659 --> 01:19:00.020
right so that's the type of thing that sometimes
01:19:00.020 --> 01:19:02.319
happens with transactions. Pending sales are
01:19:02.319 --> 01:19:04.640
not closings, but they're a good indication of
01:19:04.640 --> 01:19:06.880
what's going to close in the next 30 to 45 days,
01:19:06.880 --> 01:19:08.920
because that's the typical time period of most
01:19:08.920 --> 01:19:11.119
contracts. Okay, boy, I'm saying a lot. Shaded
01:19:11.119 --> 01:19:14.439
areas, three year average, right? The previous
01:19:14.439 --> 01:19:17.140
three years, yellow is the last 12 months, white
01:19:17.140 --> 01:19:19.819
lines are the standard deviation. Question for
01:19:19.819 --> 01:19:22.840
you. These standard deviation, are they taking
01:19:22.840 --> 01:19:25.159
the last three years of data or do they go back
01:19:25.159 --> 01:19:27.859
further? Like what's the standard deviation?
01:19:28.479 --> 01:19:32.829
It's three years. Okay. Wow. So if I'm looking
01:19:32.829 --> 01:19:36.109
at the standard deviation of, let's say, the
01:19:36.109 --> 01:19:38.229
month of June, which hasn't happened yet this
01:19:38.229 --> 01:19:44.189
year, it's looking at June 2025, 24, and 23.
01:19:44.329 --> 01:19:46.630
And it's taking the standard deviation of those
01:19:46.630 --> 01:19:49.449
three data points. Gotcha. The average and the
01:19:49.449 --> 01:19:50.970
standard deviation of those three data points.
01:19:51.010 --> 01:19:53.250
But if we're looking at, say, February of this
01:19:53.250 --> 01:19:55.310
year, well, February has already happened. So
01:19:55.310 --> 01:19:59.489
it's looking at February 2026, 2025, and 20...
01:19:59.550 --> 01:20:02.829
No, sorry. I got that wrong. If it hasn't happened
01:20:02.829 --> 01:20:06.529
yet, it's looking at 2, 3, and 4. It's looking
01:20:06.529 --> 01:20:11.670
at 2025. It's looking. Yeah, it ends in 20. Hang
01:20:11.670 --> 01:20:13.710
on. Yeah, I'm sorry. Getting this backwards,
01:20:13.829 --> 01:20:17.550
right? If it hasn't. So June has not happened
01:20:17.550 --> 01:20:25.260
yet. So it is ending in 2024. Not 2025. That's
01:20:25.260 --> 01:20:30.300
because the last 12 months, the yellow line is
01:20:30.300 --> 01:20:34.380
2025. If it's already happened, like it happened
01:20:34.380 --> 01:20:38.380
in February, then it will show you the yellow
01:20:38.380 --> 01:20:42.260
line represents 2020 -26, and the shaded area
01:20:42.260 --> 01:20:45.659
and the standard deviation is 23, 24, and 25.
01:20:46.220 --> 01:20:48.310
Does that make sense? Yeah, I know. It's a little
01:20:48.310 --> 01:20:50.710
confusing. It's confusing. It's kind of intuitive
01:20:50.710 --> 01:20:53.329
once you get it. Yeah. Just remember we're looking
01:20:53.329 --> 01:20:55.810
at the previous 12 months. Forget about years.
01:20:56.109 --> 01:20:57.970
Just the previous 12 months and then the chart
01:20:57.970 --> 01:21:02.869
makes sense. Okay. So what are we seeing? Very
01:21:02.869 --> 01:21:05.409
standard pattern. Sales. Yeah. We're seeing a
01:21:05.409 --> 01:21:07.609
very standard pattern of pending sales and then
01:21:07.609 --> 01:21:11.229
you see a big and a weird pop in pending sales
01:21:11.229 --> 01:21:13.430
in October. From last year, yeah. And then everything
01:21:13.430 --> 01:21:16.050
kind of got back to normal. For the last six
01:21:16.050 --> 01:21:19.250
months, it's been a very normal looking market,
01:21:19.630 --> 01:21:21.829
but there was a weird pop in October. I don't
01:21:21.829 --> 01:21:25.170
know what happened in October where suddenly
01:21:25.170 --> 01:21:27.529
there was a big percentage of listings went under
01:21:27.529 --> 01:21:32.689
contract. Yeah. Yeah. Unclear what happened.
01:21:32.850 --> 01:21:34.689
Sundance wasn't announced or something. You know,
01:21:34.689 --> 01:21:37.390
I'm trying to think of anything that would answer
01:21:37.390 --> 01:21:40.729
for that, but I have no clue. I also add that
01:21:40.760 --> 01:21:43.159
Um, this is not expressed as a percentage. These
01:21:43.159 --> 01:21:45.960
are numbers, raw numbers. We will get to absorption
01:21:45.960 --> 01:21:49.359
in just a moment. Okay. Oh yeah. Curious. All
01:21:49.359 --> 01:21:52.380
right. Next chart, same structure. We're looking
01:21:52.380 --> 01:21:54.840
at sales volume, which some people confuse on
01:21:54.840 --> 01:21:57.539
their charts. Sales volume is the number of sales
01:21:57.539 --> 01:22:01.039
period, not dollar volume. Dollar volume is the
01:22:01.039 --> 01:22:03.180
number of sales times the closing price. That's
01:22:03.180 --> 01:22:05.579
dollar volume. All right. So the shaded area
01:22:05.579 --> 01:22:08.800
is the last three years of sold single family
01:22:08.800 --> 01:22:12.079
houses. the white line is the last 12 months,
01:22:12.739 --> 01:22:15.279
and you see a little pop outside the standard
01:22:15.279 --> 01:22:18.800
deviation in March, but otherwise, a little pop
01:22:18.800 --> 01:22:21.899
outside in November, and that's about it. Maybe
01:22:21.899 --> 01:22:23.979
May of last year, it was outside of the standard
01:22:23.979 --> 01:22:27.319
deviation, but the pattern is kind of normalized.
01:22:27.520 --> 01:22:30.239
I mean, you're seeing the upswing that normally
01:22:30.239 --> 01:22:33.039
happens, and there was more pending sales in
01:22:33.039 --> 01:22:36.810
March than there were in April. which is kind
01:22:36.810 --> 01:22:39.449
of unusual. Why is March an outlier? And we noticed
01:22:39.449 --> 01:22:41.890
that, I mean, we've been helping clients all,
01:22:42.170 --> 01:22:44.710
we always are helping clients. There've been
01:22:44.710 --> 01:22:46.649
quite a few bidding wars and then recently things
01:22:46.649 --> 01:22:48.930
seem to have cooled down a little bit. So month
01:22:48.930 --> 01:22:52.329
to month variability can be quite volatile for
01:22:52.329 --> 01:22:53.930
month and month. That's what Sophie was saying
01:22:53.930 --> 01:22:57.729
too, on our team meeting. Anecdotally, we're
01:22:57.729 --> 01:23:01.210
seeing like what feels like cooling, but actually
01:23:01.210 --> 01:23:04.319
is right in the middle of You know almost hitting
01:23:04.319 --> 01:23:07.300
exactly the average of the last three years for
01:23:07.300 --> 01:23:10.399
last month for so yeah closings. All right almost
01:23:10.399 --> 01:23:14.159
bang on Days on market. I always take days on
01:23:14.159 --> 01:23:17.159
market with a grain of salt because people refresh
01:23:17.159 --> 01:23:21.199
listings and I don't think The mls is very good
01:23:21.199 --> 01:23:24.479
at at filtering refresh listings But we're looking
01:23:24.479 --> 01:23:27.199
at the median and the median data point should
01:23:27.199 --> 01:23:30.720
be more accurate than say average. So that's
01:23:30.720 --> 01:23:33.060
why i like this data but i always take it with
01:23:33.060 --> 01:23:34.939
that grain of salt and if you're buying or selling
01:23:34.939 --> 01:23:37.079
you need to look at the individual properties
01:23:37.079 --> 01:23:39.119
and their sales history to get the full picture
01:23:39.119 --> 01:23:42.220
on days on market but what you could see is that
01:23:42.220 --> 01:23:44.380
as you would expect days on market toward the
01:23:44.380 --> 01:23:47.359
end of the year december in particular has a
01:23:47.359 --> 01:23:50.380
huge pop and that's because uh sorry these are
01:23:50.380 --> 01:23:52.819
january closings these are properties that finally
01:23:52.819 --> 01:23:55.770
went under Contract in December and typically
01:23:55.770 --> 01:23:57.609
the stuff that's going under contract in November
01:23:57.609 --> 01:24:00.470
and December is has been on the market a long
01:24:00.470 --> 01:24:04.510
time and the sellers are capitulating Right.
01:24:04.510 --> 01:24:06.270
And so this is often when we see the biggest
01:24:06.270 --> 01:24:09.750
discounts and you see days on market for those
01:24:09.750 --> 01:24:13.390
closings Massively higher than the stuff that
01:24:13.390 --> 01:24:15.510
closed a month or two earlier or three months
01:24:15.510 --> 01:24:18.229
earlier So and there's some takeaways here, you
01:24:18.229 --> 01:24:20.050
know, if you're if you're gaming the system or
01:24:20.050 --> 01:24:22.380
if you're trying to maximize You're trying to
01:24:22.380 --> 01:24:26.020
limit time on market. When should you list? Well,
01:24:26.180 --> 01:24:29.920
uh, days on market is at its lowest for may closings,
01:24:30.399 --> 01:24:33.100
which translates to property that was probably
01:24:33.100 --> 01:24:37.279
April. Yeah. Probably April is the best month
01:24:37.279 --> 01:24:39.640
of the year to list in the city of Boulder with
01:24:39.640 --> 01:24:42.619
all of the data points being the same. And that
01:24:42.619 --> 01:24:46.399
same pop in March, right? Similar to, um, I mean,
01:24:46.399 --> 01:24:49.439
say it sold popped in March too. Right. You just
01:24:49.439 --> 01:24:53.350
showed. Um, there was a, there was a sales pop
01:24:53.350 --> 01:24:57.470
in March, uh, which is closings in March. And
01:24:57.470 --> 01:24:59.550
there was a little bit of a pop in days on market
01:24:59.550 --> 01:25:03.409
too. I don't know if it's not outside. So I don't
01:25:03.409 --> 01:25:07.210
think it's significant there, but. Okay. Let's
01:25:07.210 --> 01:25:11.829
look at this chart, which is going to anger some
01:25:11.829 --> 01:25:13.949
real estate agents, especially the ones that
01:25:13.949 --> 01:25:16.750
go around telling you that prices never go down
01:25:16.750 --> 01:25:19.619
in Boulder. Because boy does this chart show
01:25:19.619 --> 01:25:22.479
you price is going down and this is the median
01:25:22.479 --> 01:25:26.300
sold price The data you're looking at is 2014
01:25:26.300 --> 01:25:31.159
to 2026 And that's year -to -date effective as
01:25:31.159 --> 01:25:33.840
of April. So this is the most recent data available
01:25:33.840 --> 01:25:36.300
This chart is only showing you February. So let
01:25:36.300 --> 01:25:38.039
me it should be showing you all the way to any
01:25:38.039 --> 01:25:40.699
chance to get it slightly larger How we could
01:25:40.699 --> 01:25:43.500
this one is the smallest one? Yeah, we can maybe
01:25:43.500 --> 01:25:45.539
make it larger. I don't know why it's not advancing
01:25:45.539 --> 01:25:48.640
the date series, but you know, they formatted
01:25:48.640 --> 01:25:51.739
so I could put this on social media typically.
01:25:52.230 --> 01:25:54.149
But what you can see is the median sale price,
01:25:54.250 --> 01:25:56.470
you know, has this peak up here where it goes
01:25:56.470 --> 01:25:59.710
over 1 .9 in February of last year. Yeah, February
01:25:59.710 --> 01:26:02.670
26. That's reflective of more higher end houses
01:26:02.670 --> 01:26:04.989
selling. This is one of the reasons that I'm
01:26:04.989 --> 01:26:08.390
not crazy about the median sold price because
01:26:08.390 --> 01:26:10.430
there's too much volatility with a small sample
01:26:10.430 --> 01:26:12.630
size. But the moment you look at this from a,
01:26:12.750 --> 01:26:16.250
it looks better on a dollar per square foot basis.
01:26:17.310 --> 01:26:19.590
And there you go. And this, and I even put a
01:26:19.590 --> 01:26:22.039
best fit line. And this one shows the right time
01:26:22.039 --> 01:26:24.060
series all the way to April. So this is median
01:26:24.060 --> 01:26:26.159
dollar per square foot detached single family
01:26:26.159 --> 01:26:29.539
houses with a best fit line and an R squared
01:26:29.539 --> 01:26:33.460
of roughly 89%. So not a horrible best fit line
01:26:33.460 --> 01:26:36.939
to give you a trend line for the data. And boy,
01:26:37.039 --> 01:26:40.159
you know, it matches our actual lived experience
01:26:40.159 --> 01:26:43.060
where we saw market prices peak and then have
01:26:43.060 --> 01:26:45.520
started coming down on a dollar per square foot
01:26:45.520 --> 01:26:49.380
basis. And so the question for the buyer is when
01:26:49.380 --> 01:26:53.270
is like this little S curve, where is the bottom?
01:26:54.390 --> 01:26:57.130
Yeah. And historically, Boulder real estate is
01:26:57.130 --> 01:27:00.510
not down for long. It's like down for short periods
01:27:00.510 --> 01:27:02.850
up for long periods. That's been our cycle for
01:27:02.850 --> 01:27:04.729
a long That's been our trend for a very long
01:27:04.729 --> 01:27:07.170
time and in this look back which goes all the
01:27:07.170 --> 01:27:12.010
way back to 2014 it looks like we have you know,
01:27:12.010 --> 01:27:14.470
the question is for you as a buyer or a seller
01:27:14.470 --> 01:27:17.510
is Where's the bottom on the median dollar per
01:27:17.510 --> 01:27:19.109
square and we've seen this in a bunch of different
01:27:19.109 --> 01:27:20.989
properties where a couple years ago they sold
01:27:20.989 --> 01:27:23.430
for more money and The listing agent and the
01:27:23.430 --> 01:27:25.850
seller don't want to believe it that the market
01:27:26.090 --> 01:27:28.909
even down, but we've seen it now so many times
01:27:28.909 --> 01:27:33.050
that intelligent pricing is getting ahead of
01:27:33.050 --> 01:27:36.289
the curve, not behind it. But I think we, my
01:27:36.289 --> 01:27:38.229
hypothesis is that we're getting closer to a
01:27:38.229 --> 01:27:42.210
bottom than we are to, and then subsequently
01:27:42.210 --> 01:27:45.250
to a next upswing. And the upswings typically
01:27:45.250 --> 01:27:48.829
happen faster than the downs, like that's why
01:27:48.829 --> 01:27:50.810
real estate is said to be sticky on the downside
01:27:50.810 --> 01:27:57.170
and fast on the upside. Right. So you've got
01:27:57.170 --> 01:28:02.050
April, January, October as kind of like a snapshot
01:28:02.050 --> 01:28:05.489
of each point in the year. I think that's pretty
01:28:05.489 --> 01:28:08.750
good. It's a choice of how do you show so much
01:28:08.750 --> 01:28:11.449
data? And we're looking at three -month intervals
01:28:11.449 --> 01:28:14.050
for the units. Because you're showing, right?
01:28:15.340 --> 01:28:17.619
January, typically right after December, very
01:28:17.619 --> 01:28:19.760
low inventory. April, it's building. October,
01:28:20.060 --> 01:28:22.579
it should have sold through to an extent. That
01:28:22.579 --> 01:28:26.159
might be the issue with this. There we go. The
01:28:26.159 --> 01:28:28.680
chart, the data didn't change. It's just that
01:28:28.680 --> 01:28:30.899
the timeline was displaying wrong. Okay. Yeah.
01:28:30.899 --> 01:28:33.319
Let's keep going. Question for you really quick
01:28:33.319 --> 01:28:36.140
on this one. Maybe I'm putting too much weight
01:28:36.140 --> 01:28:38.760
on the best fit line, but it almost looks like
01:28:38.760 --> 01:28:42.260
there was a slight downswing kind of 2014. You
01:28:42.260 --> 01:28:44.880
were practicing then. I wasn't, do you know,
01:28:44.979 --> 01:28:47.800
do you remember, uh, kind of what was going on
01:28:47.800 --> 01:28:52.140
then? So we had, we had, we had like two years
01:28:52.140 --> 01:28:55.539
of downturn from 06, maybe three years of downturn
01:28:55.539 --> 01:28:58.779
for the high end 06 to 09. And then real estate
01:28:58.779 --> 01:29:02.020
was back off to the races. So I, there is clearly
01:29:02.020 --> 01:29:04.880
what, well, what looks like a slight down curve
01:29:04.880 --> 01:29:08.260
on this best fit line. You know, I wonder if
01:29:08.260 --> 01:29:10.380
that's just how it is like reading off of the
01:29:10.380 --> 01:29:13.609
window it's got, right? Yeah, I mean, we would
01:29:13.609 --> 01:29:15.890
have to go look back even further and I do have
01:29:15.890 --> 01:29:19.489
this data. It's just buried in different, different
01:29:19.489 --> 01:29:22.270
Excel charts. I have data that goes back to 2003.
01:29:24.369 --> 01:29:27.430
I looked at, I've been looking at sales data
01:29:27.430 --> 01:29:30.289
for Boulder in a long time. Here's the takeaway,
01:29:30.470 --> 01:29:32.739
Hamish. It's irrelevant. You can't drive. Totally.
01:29:33.479 --> 01:29:38.439
We're not going back to 2014 prices. Not in this
01:29:38.439 --> 01:29:40.699
inflationary environment we're in. But one thing
01:29:40.699 --> 01:29:42.520
that I think is super interesting to talk about
01:29:42.520 --> 01:29:45.680
is that, and I'm guilty of saying this, real
01:29:45.680 --> 01:29:48.439
estate is a classic inflation hedge. And yet
01:29:48.439 --> 01:29:51.319
we clearly see prices moving which direction?
01:29:51.699 --> 01:29:55.550
Down, not up. And so I think that is more of
01:29:55.550 --> 01:29:57.729
a reaction to the zero interest rate environment.
01:29:58.090 --> 01:30:01.229
Like we had a huge upswell in prices and now
01:30:01.229 --> 01:30:03.970
we have two countering forces, inflation and
01:30:03.970 --> 01:30:06.569
we have prices coming back down with oversupply,
01:30:06.630 --> 01:30:09.029
with more inventory than normally on the market,
01:30:09.229 --> 01:30:11.890
driving prices lower. But at some point this
01:30:11.890 --> 01:30:14.029
should... start to swing back to the upside.
01:30:15.189 --> 01:30:17.029
And one of the things that you might be thinking
01:30:17.029 --> 01:30:19.569
about from a macroeconomic perspective is that,
01:30:19.850 --> 01:30:22.069
look, you've got great selection right now, particularly
01:30:22.069 --> 01:30:24.149
at the high end. It's a great time to negotiate
01:30:24.149 --> 01:30:26.189
a very good deal on a home that would have been
01:30:26.189 --> 01:30:29.239
more expensive five years ago. Almost certainly
01:30:29.239 --> 01:30:31.579
three years ago was more expensive and now you
01:30:31.579 --> 01:30:33.760
can get it for a substantial discount particularly
01:30:33.760 --> 01:30:36.539
above three million and then once rates drop
01:30:36.539 --> 01:30:38.640
again in the future because at some point will
01:30:38.640 --> 01:30:41.180
be in a recession again and when that happens
01:30:41.180 --> 01:30:45.340
who knows five seven years you. Read you remortgage
01:30:45.340 --> 01:30:47.899
the property at a much lower rate and you may
01:30:47.899 --> 01:30:49.460
be ahead of the curve like this is something
01:30:49.460 --> 01:30:51.979
that. To think about, but most people when you're
01:30:51.979 --> 01:30:53.539
buying a house, you're not thinking about, you
01:30:53.539 --> 01:30:56.119
know, the inflationary environment and the long
01:30:56.119 --> 01:30:59.399
-term economic picture of a country. But I can't
01:30:59.399 --> 01:31:00.979
separate it when I, especially when I see a chart
01:31:00.979 --> 01:31:03.739
that surprises me that it's moved down in price
01:31:03.739 --> 01:31:06.699
that much. And during a time period that's been
01:31:06.699 --> 01:31:09.420
inflationary. So for this cycle, real estate
01:31:09.420 --> 01:31:11.640
has not been a great inflation hedge. If you
01:31:11.640 --> 01:31:13.159
started buying real estate, especially at the
01:31:13.159 --> 01:31:16.859
peak of 2022, if you bought it earlier than 2020,
01:31:17.060 --> 01:31:19.869
it's been a great. investment. Yeah, you've been
01:31:19.869 --> 01:31:23.649
doing well. Okay, let's move on. Yeah, this is
01:31:23.649 --> 01:31:26.970
great. So this next chart is absorption. So the
01:31:26.970 --> 01:31:28.949
way to think about absorption is that in any
01:31:28.949 --> 01:31:30.350
given month, there are a certain number of houses
01:31:30.350 --> 01:31:32.829
for sale, and a certain percentage of those are
01:31:32.829 --> 01:31:35.789
going to be purchased by buyers or absorbed by
01:31:35.789 --> 01:31:38.609
the market. So just like you have a shelf full
01:31:38.609 --> 01:31:40.710
of shaving cream at Target, every month, a certain
01:31:40.710 --> 01:31:42.770
number of those bottles of shaving cream gets
01:31:42.770 --> 01:31:46.829
sold. That's absorption. And to look, to understand
01:31:46.829 --> 01:31:49.670
how to do that for real estate is I look at sales
01:31:49.670 --> 01:31:53.630
volume in the current month as a percentage of
01:31:53.630 --> 01:31:55.630
how much inventory was on the market last month.
01:31:55.750 --> 01:31:58.229
That's because you've got about a 30 day lag,
01:31:58.609 --> 01:32:00.609
right? About, right? It's a good rule of thumb.
01:32:00.789 --> 01:32:02.890
And I've been doing absorption charts for Boulder
01:32:02.890 --> 01:32:05.630
for forever. And this particular view is showing
01:32:05.630 --> 01:32:08.750
you year over year. So January through December,
01:32:08.869 --> 01:32:11.829
the normal 12 month year and yellow. I'm sorry
01:32:11.829 --> 01:32:15.119
for those that may be, um, Visually impaired.
01:32:15.199 --> 01:32:18.340
I don't know if I got these colors good for people
01:32:18.340 --> 01:32:22.020
that have accessible. I don't know how accessible
01:32:22.020 --> 01:32:26.300
it is, but 2023 is this first line yellow 2024
01:32:26.300 --> 01:32:29.800
is the blue line with the with the squares. yellow
01:32:29.800 --> 01:32:33.760
with the circles was 2023. 2025 is the orange
01:32:33.760 --> 01:32:37.659
line with the diamonds. And 2026, which I just
01:32:37.659 --> 01:32:41.000
added is gray with the very small circles. Dots.
01:32:42.020 --> 01:32:44.180
Yeah, they almost look like dots. Maybe I'll
01:32:44.180 --> 01:32:46.779
change that for the circles. But yeah, I'll post
01:32:46.779 --> 01:32:48.939
it on Instagram. But one thing you can kind of
01:32:48.939 --> 01:32:51.039
see is that, yeah, there's kind of an absorption
01:32:51.039 --> 01:32:56.340
peak that happens between March and last year.
01:32:56.340 --> 01:32:59.819
It happened in June. Um, but it's not always
01:32:59.819 --> 01:33:02.760
consistent. Absorption can still be reasonably
01:33:02.760 --> 01:33:06.960
high, even in June or July, 40%, but not in these
01:33:06.960 --> 01:33:10.439
55 % peaky things. And boy, in 2022, you were
01:33:10.439 --> 01:33:12.239
seeing absorption rates that were like 60 and
01:33:12.239 --> 01:33:15.060
70 and 80%. Yeah. Um, but, but this year, look
01:33:15.060 --> 01:33:18.159
at how much lower it is. Absorption started off
01:33:18.159 --> 01:33:23.720
the year at 20%, 21, 20 .5%. And it, it peaked
01:33:23.720 --> 01:33:29.529
so far this year. In march at thirty four percent.
01:33:29.810 --> 01:33:32.149
Yeah dropped again in april and we don't know
01:33:32.149 --> 01:33:34.630
where may's gonna land but overall we're well
01:33:34.630 --> 01:33:37.210
below except for four two thousand twenty four
01:33:37.210 --> 01:33:41.069
were below the last few years so. So that's not
01:33:41.069 --> 01:33:43.189
a surprise because we have what more inventory
01:33:43.189 --> 01:33:45.909
on the market sales are looking normal volume
01:33:45.909 --> 01:33:48.670
wise. Prices have come down, but there's still
01:33:48.670 --> 01:33:51.010
a lot of inventory. And that is why we have a
01:33:51.010 --> 01:33:53.289
lower absorption rate and inventory gives you
01:33:53.289 --> 01:33:55.970
more selection. And depending on price range
01:33:55.970 --> 01:33:57.989
and location, you might get a better house for
01:33:57.989 --> 01:34:01.090
the same or slightly lower prices than last year.
01:34:01.930 --> 01:34:04.630
2024 is crazy to see here, you know, stuck in
01:34:04.630 --> 01:34:10.689
between 2023 and 2025. Those two are far more
01:34:10.689 --> 01:34:14.890
similar than 2024 on this one. Yeah. What I think
01:34:14.890 --> 01:34:16.729
is interesting is how dead November is. This
01:34:16.729 --> 01:34:19.090
is why I like to travel on October. Like you
01:34:19.090 --> 01:34:22.170
see that October is like a relatively low month
01:34:22.170 --> 01:34:24.229
and November is like for the last few years is
01:34:24.229 --> 01:34:27.010
like the slowest month in real estate. And then
01:34:27.010 --> 01:34:28.630
there's a bounce back in December. And I think
01:34:28.630 --> 01:34:30.890
that's because the bargain buyers are in the
01:34:30.890 --> 01:34:32.529
market and there's a bunch of inventory that
01:34:32.529 --> 01:34:35.130
comes off the market in December because sellers
01:34:35.130 --> 01:34:37.289
are just so frustrated. They kill the listing.
01:34:38.029 --> 01:34:41.279
Yeah. Which is why we advised last year to our
01:34:41.279 --> 01:34:43.140
sellers to not kill their listing in December
01:34:43.140 --> 01:34:44.800
because there's so many others that have jumped
01:34:44.800 --> 01:34:48.060
out. You might as well stay active. And that's
01:34:48.060 --> 01:34:50.979
worked for a few for a few of our listings. Yeah.
01:34:51.779 --> 01:34:56.399
So another way of expressing the supply side
01:34:56.399 --> 01:34:59.880
of economics in real estate is months of inventory
01:34:59.880 --> 01:35:05.119
or months of supply. And that's based on a sell
01:35:05.119 --> 01:35:08.140
rate. And this particular Version is not calculated.
01:35:08.220 --> 01:35:10.800
This is straight off the MLS, and I don't have
01:35:10.800 --> 01:35:12.880
their calculation for how they determine months
01:35:12.880 --> 01:35:14.539
of supplies, so I'm just going to assume it's
01:35:14.539 --> 01:35:17.039
reasonably accurate. The gray line is still the
01:35:17.039 --> 01:35:20.119
same. That's this year. Now, unfortunately, I've
01:35:20.119 --> 01:35:22.560
made these little dots way too small, which I
01:35:22.560 --> 01:35:25.359
can fix really fast. All right, so this is the
01:35:25.359 --> 01:35:28.000
new and improved chart that we just fixed while
01:35:28.000 --> 01:35:31.920
Hamish was offline for a moment. And I'll make
01:35:31.920 --> 01:35:33.699
it a little bigger so that you can see it. And
01:35:33.699 --> 01:35:36.319
I've added shapes to the lines. I don't think
01:35:36.319 --> 01:35:38.060
they're exactly the same as the last chart, but
01:35:38.060 --> 01:35:41.569
close enough. The yellow line. with the triangles
01:35:41.569 --> 01:35:44.789
is 2023, the blue line with the squares is 2024,
01:35:45.550 --> 01:35:49.250
orange with the diamonds is 2025, and the gray
01:35:49.250 --> 01:35:51.789
line with the points, or very small circles,
01:35:51.890 --> 01:35:54.850
is 2026. And this is months of supply calculated
01:35:54.850 --> 01:35:57.609
by the MLS itself, not by me, and I'm going to
01:35:57.609 --> 01:36:00.250
assume it's reasonably accurate, and you can
01:36:00.250 --> 01:36:02.029
see that this year we're seeing a lot higher
01:36:02.029 --> 01:36:04.149
months of supply than we have in the last three
01:36:04.149 --> 01:36:06.609
years. It's following the normal and predictable
01:36:07.879 --> 01:36:10.619
pattern, which is where you see months of inventory
01:36:10.619 --> 01:36:14.359
usually peak in the late summer. Interestingly,
01:36:14.899 --> 01:36:16.739
it used to be June or July. We're seeing months
01:36:16.739 --> 01:36:21.300
of supply at its highest in September. So that's
01:36:21.300 --> 01:36:24.279
something for sellers to keep in mind. You're
01:36:24.279 --> 01:36:26.279
better off to adjust your pricing and your marketing
01:36:26.279 --> 01:36:29.510
strategy now than wait till summer's over. Like
01:36:29.510 --> 01:36:31.750
this, because the buyer activity starts to drop
01:36:31.750 --> 01:36:34.489
and you're looking at a softening market, not
01:36:34.489 --> 01:36:37.630
the other way around. So months of supply doesn't
01:36:37.630 --> 01:36:41.470
start to drop typically until October. That's
01:36:41.470 --> 01:36:43.170
a point I think you've been advising sellers
01:36:43.170 --> 01:36:45.829
on, at least since I came on too, is that you
01:36:45.829 --> 01:36:47.770
really don't want to wait around until that.
01:36:48.390 --> 01:36:52.189
Get ahead of the trend. Be proactive, be aggressive,
01:36:52.310 --> 01:36:55.689
don't wait. And it's not normal seasonality.
01:36:55.770 --> 01:36:58.409
Everything is shifted. a little bit forward,
01:36:58.529 --> 01:37:00.270
I think largely because of the school year, but
01:37:00.270 --> 01:37:03.109
it doesn't really matter why, it just is. And
01:37:03.109 --> 01:37:04.710
there are benefits to waiting as a buyer, you
01:37:04.710 --> 01:37:06.430
might get better selection, you might get better
01:37:06.430 --> 01:37:09.310
negotiation, but there are benefits to be moving
01:37:09.310 --> 01:37:12.329
more aggressive as a seller. Unfortunately, sometimes
01:37:12.329 --> 01:37:13.670
you're just at the limits of what you're willing
01:37:13.670 --> 01:37:16.670
to move, right? That's the human condition, especially
01:37:16.670 --> 01:37:18.810
if you bought the house at the peak, and now
01:37:18.810 --> 01:37:21.619
you've got a stomach of loss. And that is where
01:37:21.619 --> 01:37:24.420
some of our sellers are. I mean, not my particular
01:37:24.420 --> 01:37:26.300
sellers, but some of the sellers are looking
01:37:26.300 --> 01:37:28.840
at, they bought it at the peak of the frothiness
01:37:28.840 --> 01:37:32.640
of 2022 or March and April of 2022. And now they're
01:37:32.640 --> 01:37:34.859
trying to sell it. And unfortunately the market
01:37:34.859 --> 01:37:38.340
is not as conducive to property that's not in
01:37:38.340 --> 01:37:41.619
a great location or not fully updated. And they're
01:37:41.619 --> 01:37:43.199
kicking themselves that they didn't price it
01:37:43.199 --> 01:37:44.640
more aggressively. And they're sitting on the
01:37:44.640 --> 01:37:46.220
side, they're kicking themselves. They didn't
01:37:46.220 --> 01:37:48.670
sell it earlier. And now they're going to need
01:37:48.670 --> 01:37:50.670
to price it more aggressively to get it sold.
01:37:51.050 --> 01:37:53.390
And if you've blown the honeymoon period, you
01:37:53.390 --> 01:37:55.430
have to be even more aggressive. We bring new
01:37:55.430 --> 01:37:58.250
photography, new videography, more types of,
01:37:58.310 --> 01:38:00.430
but you need to bring people in to see this fresh
01:38:00.430 --> 01:38:02.609
because most of the market has already seen it
01:38:02.609 --> 01:38:04.649
and they're not seeing it again and again. They're
01:38:04.649 --> 01:38:06.270
just, they've decided that that's not the right
01:38:06.270 --> 01:38:08.810
one for them. So you're now appealing to their
01:38:08.810 --> 01:38:11.489
value side, not to their emotional side. And
01:38:11.489 --> 01:38:14.359
it has to really represent. compelling value
01:38:14.359 --> 01:38:16.840
when, when you have been on the market for months
01:38:16.840 --> 01:38:21.619
and months and months. No, that's right. Okay.
01:38:21.619 --> 01:38:23.399
So that's our walk through the woods of how the
01:38:23.399 --> 01:38:25.720
market's doing in the city of Boulder, single
01:38:25.720 --> 01:38:28.720
family detached houses with data through the
01:38:28.720 --> 01:38:31.579
end of April. And we'll do this again in a podcast
01:38:31.579 --> 01:38:34.100
sometime in June with data that's through the
01:38:34.100 --> 01:38:37.939
end of May. Yeah. Looking forward to that one.
01:38:38.739 --> 01:38:41.539
Really solid a little market update. It's great
01:38:41.539 --> 01:38:44.670
being able to look back. three years, um, and
01:38:44.670 --> 01:38:48.229
also have the months represented like this. Your,
01:38:48.390 --> 01:38:52.170
uh, your data expertise is shining, you know,
01:38:53.010 --> 01:38:55.670
agents that are just pulling from their brokerage.
01:38:56.189 --> 01:38:57.909
Thanks. I appreciate that. I think it's important
01:38:57.909 --> 01:39:00.930
to show people a lens on the data that's useful
01:39:00.930 --> 01:39:03.930
to them. And unfortunately, most stuff coming
01:39:03.930 --> 01:39:07.090
out of brokerages is too generic and agents don't
01:39:07.090 --> 01:39:10.489
have the financial analysis skillset to do charts
01:39:10.489 --> 01:39:14.279
like this. So. That is one of our little advantages.
01:39:14.819 --> 01:39:19.140
Okay. Let's talk about sales of the week. Our
01:39:19.140 --> 01:39:22.439
first property is 9578 Mountain Ridge Drive.
01:39:23.180 --> 01:39:25.819
It is basically brand new, constructed in 2025
01:39:25.819 --> 01:39:28.899
with a three car attached garage sitting on about
01:39:28.899 --> 01:39:31.340
two acres of land. And this is a part of Boulder
01:39:31.340 --> 01:39:34.819
that burned. There was a fire. I think it was
01:39:34.819 --> 01:39:38.260
largely a grass fire on the west side. It consumed
01:39:38.260 --> 01:39:41.359
a bunch, west side of the highway to Lyons, US
01:39:41.359 --> 01:39:44.579
36. It consumed a bunch of houses. Luckily, I
01:39:44.579 --> 01:39:46.460
don't recall people dying in this particular
01:39:46.460 --> 01:39:49.560
fire, but it, definitely burned a bunch of houses
01:39:49.560 --> 01:39:53.159
and a lot of forest. And this house is brand
01:39:53.159 --> 01:39:55.600
new, reconstructed on that land. I'm pretty sure
01:39:55.600 --> 01:39:58.399
they completely demolished what was here because
01:39:58.399 --> 01:40:01.539
there's a sales history of a house. Oh, we can
01:40:01.539 --> 01:40:04.300
easily look it up, hang on. The one, I forgot
01:40:04.300 --> 01:40:06.399
that you can easily pull the other ones. Oh,
01:40:06.399 --> 01:40:08.159
that's right, now you can. The way the house
01:40:08.159 --> 01:40:12.359
looked. when it was sold in 2009 is a radically
01:40:12.359 --> 01:40:14.680
different house built in the 90s, which must
01:40:14.680 --> 01:40:16.760
have just been completely consumed. And it sold
01:40:16.760 --> 01:40:22.739
for 1 .2 back then in 2009. And then burned and
01:40:22.739 --> 01:40:26.720
rebuilt. It had been on the market a while. So
01:40:26.720 --> 01:40:31.439
it was originally listed in May of last year
01:40:31.439 --> 01:40:38.390
at 5 .5. And it went under contract after of
01:40:38.390 --> 01:40:41.829
really long time it took almost a full year and
01:40:41.829 --> 01:40:46.149
it finally went under contract and for some reason
01:40:46.149 --> 01:40:51.229
the listing was withdrawn at the end of that
01:40:51.229 --> 01:40:54.409
month so it under contract and withdrawn within
01:40:54.409 --> 01:40:57.739
three days So I don't know what happened here.
01:40:57.779 --> 01:41:00.079
Like imagine you've been available for a year
01:41:00.079 --> 01:41:02.560
You finally go under contract and then that buyer
01:41:02.560 --> 01:41:06.560
bails out not entirely sure what happened But
01:41:06.560 --> 01:41:09.800
a couple of weeks later it was relisted at five
01:41:09.800 --> 01:41:12.840
point six million which is a hundred thousand
01:41:12.840 --> 01:41:16.079
dollars more than it was listed for the previous
01:41:16.079 --> 01:41:20.239
year and It didn't take very long. It went under
01:41:20.239 --> 01:41:23.439
contract almost immediately with pending status
01:41:23.439 --> 01:41:26.880
and sold And I'm just curious, is it the same
01:41:26.880 --> 01:41:29.060
agent? We're not gonna mention names. Can you
01:41:29.060 --> 01:41:30.760
see that? Oh yeah, because now you can go back
01:41:30.760 --> 01:41:33.000
in history. Yeah, I've got the old listings.
01:41:33.380 --> 01:41:36.380
It's the same agent that had it listed before.
01:41:36.920 --> 01:41:39.720
So glad to see that agent didn't lose the trust
01:41:39.720 --> 01:41:42.319
of the seller. And they did sell it for 5 .5.
01:41:42.319 --> 01:41:44.239
So they sold it for the full list price a year
01:41:44.239 --> 01:41:46.359
later. That's basically the story. But I really
01:41:46.359 --> 01:41:49.159
wonder what happened at the end of April. I think
01:41:49.159 --> 01:41:50.819
that listing agent probably didn't have a good
01:41:50.819 --> 01:41:53.579
day when she had to tell the seller that buyer
01:41:53.579 --> 01:41:57.659
number one. wants out. So let's talk about the
01:41:57.659 --> 01:42:00.539
house itself. Go ahead. Well, one thing I was
01:42:00.539 --> 01:42:04.279
going to say is I was on showings up this way.
01:42:04.699 --> 01:42:08.079
And I had these buyers remark that they thought
01:42:08.079 --> 01:42:12.159
that the burn scar was scary from a fire risk
01:42:12.159 --> 01:42:18.680
standpoint. I was like, well, it's burned. So
01:42:18.680 --> 01:42:20.960
it's interesting. I guess there might be a stigma.
01:42:21.229 --> 01:42:23.949
For some buyers about like living in a burn scar
01:42:23.949 --> 01:42:26.590
and to be fair. It's fairly barren of a landscape
01:42:26.590 --> 01:42:29.850
and there's an erosion risk to my understanding
01:42:29.850 --> 01:42:34.109
but Most of the combustibles. Yeah, I mean the
01:42:34.109 --> 01:42:36.750
trees that are dead and standing could be problematic
01:42:36.750 --> 01:42:41.850
and in past fires I'm not sure who did the mitigation,
01:42:41.949 --> 01:42:44.050
but a lot of the trees get cut down that are
01:42:44.050 --> 01:42:45.909
within a certain distance of houses. And that
01:42:45.909 --> 01:42:47.369
may be what happened here. There looks like a
01:42:47.369 --> 01:42:49.689
pretty clear cut line, but there are, if you
01:42:49.689 --> 01:42:51.529
look at some of the photos, you will see photos
01:42:51.529 --> 01:42:54.930
of, of standing dead trees that are quite distant
01:42:54.930 --> 01:42:57.210
from the house, but all around it, the grasses
01:42:57.210 --> 01:42:59.310
have burned. It should, you would think have
01:42:59.310 --> 01:43:02.409
lower fire risk and this particular house, you
01:43:02.409 --> 01:43:04.069
know, it was built in 2025, which means it's
01:43:04.069 --> 01:43:06.550
got a sprinkler system. And it means it was designed
01:43:06.550 --> 01:43:09.649
with fire mitigation in mind when they, you know,
01:43:09.649 --> 01:43:12.539
when. when it was designed and built. So it has
01:43:12.539 --> 01:43:14.979
materials that are less likely to burn. But in
01:43:14.979 --> 01:43:16.899
a real wildfire, everything is going to burn,
01:43:17.060 --> 01:43:19.000
right? It's going to have smoke damage, if nothing
01:43:19.000 --> 01:43:22.020
else. But this is a cool house, OK? So the house
01:43:22.020 --> 01:43:24.100
that exists today is stunningly beautiful. What
01:43:24.100 --> 01:43:28.010
was designed and built is... If you're in a modern
01:43:28.010 --> 01:43:30.409
looking houses, this is, this checks all the
01:43:30.409 --> 01:43:34.149
boxes. It's substantively large at 5 ,200 square
01:43:34.149 --> 01:43:37.029
feet. It has a three car attached garage and
01:43:37.029 --> 01:43:39.189
it's only about a 15 minute drive to the city
01:43:39.189 --> 01:43:41.850
of Boulder at most. And it's got a pool and this
01:43:41.850 --> 01:43:44.590
pool has got like an affinity, affinity line.
01:43:44.789 --> 01:43:47.529
Yeah. If you're low enough, you're going to see
01:43:47.529 --> 01:43:50.090
that from your pool, you've got gorgeous flat
01:43:50.090 --> 01:43:52.210
iron views. Of course, everyone else probably
01:43:52.210 --> 01:43:54.050
sees you too, because there's nothing else around
01:43:54.050 --> 01:43:57.420
it, but. Hopefully they've got bad eyesight.
01:44:01.119 --> 01:44:05.560
No, it's a pretty one. I lost what I was going
01:44:05.560 --> 01:44:10.020
to say. Well, they broke a thousand a square,
01:44:10.119 --> 01:44:13.520
which I think is right for a true luxury home,
01:44:13.640 --> 01:44:16.399
but you're going to want to look for systems,
01:44:16.720 --> 01:44:21.319
fixtures and finishes and design that's durable.
01:44:21.920 --> 01:44:24.399
to justify crossing the five million dollar mark
01:44:24.399 --> 01:44:28.359
and it also is proof that you know buyers can
01:44:28.359 --> 01:44:32.319
look past historic fires and it's always like
01:44:32.319 --> 01:44:34.119
whenever we have a big fire there's a couple
01:44:34.119 --> 01:44:36.439
of years where things are sideways with mountain
01:44:36.439 --> 01:44:38.659
property and then it's almost like the buyers
01:44:38.659 --> 01:44:41.840
forget or are willing to take the risk again
01:44:41.840 --> 01:44:44.680
because it's green and and this is a cool house
01:44:44.680 --> 01:44:48.079
look i i would live here um it's probably about
01:44:48.079 --> 01:44:50.520
the same amount of time it takes me to get into
01:44:50.520 --> 01:44:54.699
the city of Boulder from our house. I'd say that
01:44:54.699 --> 01:44:56.819
I remembered what I was going to say, which was
01:44:56.819 --> 01:45:00.600
that stretch of 36 to Lyons. Did you see the
01:45:00.600 --> 01:45:03.079
news recently? They're thinking about putting
01:45:03.079 --> 01:45:07.460
wildlife corridors over it. So you might see
01:45:07.460 --> 01:45:10.260
some construction. And I hope with that comes
01:45:10.260 --> 01:45:13.300
some dedicated bike lanes. Well, you've got the
01:45:13.300 --> 01:45:15.840
North Sky Trail right there. That's really cool.
01:45:16.959 --> 01:45:20.100
And I would love to see grade -separated cycling
01:45:20.100 --> 01:45:23.640
on US 36. I don't know if it's scheduled or will
01:45:23.640 --> 01:45:28.039
happen. We'll find out. North Foothills Highway
01:45:28.039 --> 01:45:32.819
is what that section is called, I guess. Okay.
01:45:32.880 --> 01:45:35.220
Thousand square foot. Yeah, I'm with you on the
01:45:35.220 --> 01:45:37.619
thousand per square. Yeah, thousand fifty six.
01:45:39.779 --> 01:45:46.979
All right, and our next listing. We're at 751
01:45:46.979 --> 01:45:50.640
Grant Place in Boulder, so the lower Chautauqua
01:45:50.640 --> 01:45:53.520
neighborhood. Yep. Yep. I know this spot really
01:45:53.520 --> 01:45:55.380
well because I used to live on 8th Street, two
01:45:55.380 --> 01:45:58.699
blocks further north. Awesome spot if you want
01:45:58.699 --> 01:46:01.659
to run on the Chautauqua trails and attend Chautauqua
01:46:01.659 --> 01:46:03.859
events. You're always going to have cars parked
01:46:03.859 --> 01:46:05.720
in front of your house because of people trying
01:46:05.720 --> 01:46:08.460
to visit Chautauqua, but I think it's a livable
01:46:08.460 --> 01:46:12.270
trade. for most situations. This particular one
01:46:12.270 --> 01:46:17.090
doesn't have... A garage it does have two car
01:46:17.090 --> 01:46:19.489
off -street parking So you have a driveway to
01:46:19.489 --> 01:46:21.170
park your cars in but you don't have a garage
01:46:21.170 --> 01:46:23.329
It was built in the 20s Which means it's historic
01:46:23.329 --> 01:46:25.189
and the city of Boulder is going to pay a lot
01:46:25.189 --> 01:46:26.869
of attention to it if you want to do some sort
01:46:26.869 --> 01:46:29.369
of addition or Modifications to the property
01:46:29.369 --> 01:46:32.329
in the future And you know, it's it's small.
01:46:32.409 --> 01:46:34.750
It's 2 ,500 square feet It's only a three bed
01:46:34.750 --> 01:46:38.010
three bath and built in the 20s. It's gonna have
01:46:38.010 --> 01:46:41.420
some design features that are gonna feel Quaint
01:46:41.420 --> 01:46:43.880
like tiny closets that are not particularly functional.
01:46:43.880 --> 01:46:45.600
So this is likely going to be somebody's second
01:46:45.600 --> 01:46:49.460
home not primary home because of those Deficits.
01:46:49.560 --> 01:46:50.960
I mean, let's call them what they are historic
01:46:50.960 --> 01:46:53.479
homes with tiny closets or deficits in those
01:46:53.479 --> 01:46:56.340
properties And all sorts of historic home prop
01:46:56.340 --> 01:46:59.119
issues, which is not uncommon It does look like
01:46:59.119 --> 01:47:02.600
this house was very well updated across the board
01:47:02.600 --> 01:47:04.319
Including the air conditioning system. There
01:47:04.319 --> 01:47:07.619
are many splits visible in the photos and a Tesla
01:47:07.619 --> 01:47:10.079
Powerwall. So, you know, it's a cool house in
01:47:10.079 --> 01:47:13.119
a great location, but some of the functional
01:47:13.119 --> 01:47:17.619
issues like, you know, garage and closets, most
01:47:17.619 --> 01:47:19.279
of our clients would have passed on it and we
01:47:19.279 --> 01:47:20.800
would have encouraged them to pass on it because
01:47:20.800 --> 01:47:23.560
it's harder to sell a house like this. And to
01:47:23.560 --> 01:47:29.449
point, it was listed... in February at 1 .27,
01:47:29.949 --> 01:47:33.670
sorry, this is really funny. The agent initially
01:47:33.670 --> 01:47:36.989
lists it at 1 .275, so they screwed up the two
01:47:36.989 --> 01:47:39.210
and the one, and they quickly realize it, and
01:47:39.210 --> 01:47:40.689
they're like, oh no, wait a minute, I meant 2
01:47:40.689 --> 01:47:45.829
.175, and it was on the market about a week,
01:47:46.090 --> 01:47:48.829
and then it went under contract, but it was only
01:47:48.829 --> 01:47:50.930
under contract a day before that buyer bailed
01:47:50.930 --> 01:47:53.770
out on March 3rd and terminated their buyer.
01:47:54.569 --> 01:47:56.609
Contract to acquire the property and then so
01:47:56.609 --> 01:47:59.470
it sat on the market another month and then the
01:47:59.470 --> 01:48:02.069
end of March they dropped it to one million nine
01:48:02.069 --> 01:48:05.010
hundred and ninety five Two weeks later. It was
01:48:05.010 --> 01:48:08.489
under contract Guess what that buyer also bails
01:48:08.489 --> 01:48:12.689
out Terminates the contract. So now we're we're
01:48:12.689 --> 01:48:16.600
back on market in May 1st And it goes under contract
01:48:16.600 --> 01:48:18.720
for the third time May 1st. And the third time
01:48:18.720 --> 01:48:22.520
was a charm. That buyer closed and paid $1 ,995.
01:48:22.539 --> 01:48:24.380
That was the price. They weren't going to negotiate
01:48:24.380 --> 01:48:28.739
a guess anymore. And there was a concession,
01:48:28.859 --> 01:48:31.779
though. The seller paid $17 ,000 for something.
01:48:32.260 --> 01:48:34.319
And we don't know what it was. It doesn't say.
01:48:34.880 --> 01:48:37.739
So a small concession to the list price. Just
01:48:37.739 --> 01:48:40.920
under $2 million. This wouldn't be considered
01:48:40.920 --> 01:48:44.649
art deco, would it? I don't think so, Hamish.
01:48:44.970 --> 01:48:48.289
It doesn't look like Art Deco to me. And while
01:48:48.289 --> 01:48:50.229
I'm not an architecture expert, we see enough
01:48:50.229 --> 01:48:52.189
houses. I don't know what I would call this one.
01:48:52.569 --> 01:48:54.489
Actually, we could look it up. Look it up on
01:48:54.489 --> 01:48:58.029
the Carnegie website to see what we hit the next
01:48:58.029 --> 01:49:01.069
one and see if the historic inventory record
01:49:01.069 --> 01:49:04.289
will tell you exactly what style it's described
01:49:04.289 --> 01:49:08.399
as. Yeah, I know this one's interesting it's
01:49:08.399 --> 01:49:10.359
almost as though the listing agent with their
01:49:10.359 --> 01:49:13.800
and all respect But with their fat fingers, they
01:49:13.800 --> 01:49:18.319
almost like manifested the price You know, I
01:49:18.319 --> 01:49:21.800
mean this is so easy to do right? Yeah, and so
01:49:21.800 --> 01:49:23.920
funny cuz the older you get you're like, you
01:49:23.920 --> 01:49:26.619
know cars are only 25 ,000 what no they're not
01:49:26.619 --> 01:49:28.880
anymore like a decent car is gonna be a lot more
01:49:28.880 --> 01:49:32.199
than that brand new But your brain is tied to
01:49:32.199 --> 01:49:35.199
these old numbers subconsciously. So they fat
01:49:35.199 --> 01:49:38.260
fingered it Not a great look. That's why we like
01:49:38.260 --> 01:49:40.460
triple check that. Like I literally, because
01:49:40.460 --> 01:49:42.840
it's so easy on the MLS to put the wrong price
01:49:42.840 --> 01:49:45.279
in. Um, but you know, I don't, I don't know if
01:49:45.279 --> 01:49:47.300
they manifested the lower price, but I think
01:49:47.300 --> 01:49:49.020
what manifests the lower price is the lack of
01:49:49.020 --> 01:49:51.739
a garage, right? Like I wouldn't buy this house
01:49:51.739 --> 01:49:53.699
because it doesn't have a garage. And unless
01:49:53.699 --> 01:49:56.399
I had approved plans from the city of Boulder
01:49:56.399 --> 01:49:58.300
to build one, I wouldn't buy it because the city
01:49:58.300 --> 01:50:02.819
could shut that down really easily. Yeah. So
01:50:02.819 --> 01:50:05.460
Carnegie has this here listed as a Mediterranean
01:50:05.460 --> 01:50:09.979
style. stucco, tile, and brick to wrap that up.
01:50:10.279 --> 01:50:12.680
There we go, not Art Deco. All right, our next
01:50:12.680 --> 01:50:17.460
property is 2360 Balsam Drive. And I like to
01:50:17.460 --> 01:50:21.279
call this the Alpine Balsam Peninsula. And so
01:50:21.279 --> 01:50:24.079
if you kind of follow this ridge line, you've
01:50:24.079 --> 01:50:32.260
got, hold on, I'm on the wrong line. Where I
01:50:32.260 --> 01:50:34.380
just totally got lost on my little map. I'm glad
01:50:34.380 --> 01:50:37.409
you put this one in. So there's this little elevated
01:50:37.409 --> 01:50:39.869
hump in the middle of town, right? Sunset's on
01:50:39.869 --> 01:50:42.609
that hump, the Alpine Balsam are on that hump,
01:50:43.109 --> 01:50:45.130
and eventually if you keep going east you see
01:50:45.130 --> 01:50:47.270
like Valmont Butte, and I think that's also part
01:50:47.270 --> 01:50:50.550
of the geology that created this like ridge that
01:50:50.550 --> 01:50:54.279
runs more or less east -west. sort of northeast,
01:50:54.920 --> 01:50:59.000
southwest orientation to the city. And some of
01:50:59.000 --> 01:51:02.439
these houses on Alpine and Balsam and Panorama
01:51:02.439 --> 01:51:05.859
have amazing views, like jaw -dropping views.
01:51:06.079 --> 01:51:08.319
And some of them don't have any view at all.
01:51:08.779 --> 01:51:10.420
And when the neighborhood was developed, there
01:51:10.420 --> 01:51:13.359
were restrictions put in place with an architectural
01:51:13.359 --> 01:51:15.939
review committee, a design review committee that's
01:51:15.939 --> 01:51:18.920
part of the recorded title. And I know that because
01:51:18.920 --> 01:51:22.539
we sold a house on Panorama years ago and We
01:51:22.539 --> 01:51:24.819
were warned by the neighbor behind us that don't
01:51:24.819 --> 01:51:27.779
try going up because I'm going to use this as
01:51:27.779 --> 01:51:30.439
a way to prevent you from going up. Even though
01:51:30.439 --> 01:51:33.140
the design review committee was like the developer
01:51:33.140 --> 01:51:35.300
and his drinking buddies, maybe they're all dead.
01:51:35.819 --> 01:51:38.319
There's no current design review committee that
01:51:38.319 --> 01:51:41.550
we ended up getting. a lawyer involved, a law
01:51:41.550 --> 01:51:43.510
firm involved, who advised us that, yeah, the
01:51:43.510 --> 01:51:45.550
neighbor could make your life miserable. And
01:51:45.550 --> 01:51:47.909
the only way to prevent that is probably to announce
01:51:47.909 --> 01:51:50.529
to the whole community that's in the subdivision
01:51:50.529 --> 01:51:52.510
that you're about to do a plan, show the plans,
01:51:53.069 --> 01:51:55.210
and make sure they have a time to object to them,
01:51:55.289 --> 01:51:56.989
which is what that's going to do is going to
01:51:56.989 --> 01:51:58.710
prevent you from going up, right? The neighbor's
01:51:58.710 --> 01:52:01.630
going to fight you. So the thing to keep in mind
01:52:01.630 --> 01:52:04.970
is not every house has killer views. And not
01:52:04.970 --> 01:52:07.329
every house will get killer views because of
01:52:07.329 --> 01:52:09.909
the risk of the design review committee being
01:52:09.909 --> 01:52:13.350
invoked. This particular house is in board. So
01:52:13.350 --> 01:52:16.649
it might get views to the south over. This is
01:52:16.649 --> 01:52:18.050
one of those houses that could have been the
01:52:18.050 --> 01:52:20.649
person complaining if you tried to go up and
01:52:20.649 --> 01:52:24.460
block their view. And it's a house that. Is dirt
01:52:24.460 --> 01:52:26.840
value i mean just look at the the actual existing
01:52:26.840 --> 01:52:28.800
50s house and you're like, oh this house is ready
01:52:28.800 --> 01:52:32.300
to be scraped They did put in place some ai photographs
01:52:32.300 --> 01:52:35.359
for for um staging Which may or may not have
01:52:35.359 --> 01:52:37.539
any accuracy, but mostly what you see is a house
01:52:37.539 --> 01:52:40.640
that looks like a museum to the 50s And that
01:52:40.640 --> 01:52:43.640
bathroom especially And you see a good size lot,
01:52:44.020 --> 01:52:47.239
7 ,600 square feet. And it's north -south oriented,
01:52:47.300 --> 01:52:49.399
which limits shadow lines and allows you to have
01:52:49.399 --> 01:52:52.439
a bigger build out. And it was listed, I think,
01:52:52.600 --> 01:52:56.579
quite reasonably at 1 .75. It did sell for 1
01:52:56.579 --> 01:53:00.220
.98. Likely there were multiple buyers interested
01:53:00.220 --> 01:53:03.420
in the property. We don't really know. And you
01:53:03.420 --> 01:53:05.920
never will know, right? Like that's the thing
01:53:05.920 --> 01:53:09.119
is that... the listing agents are very reluctant
01:53:09.119 --> 01:53:11.720
to disclose the reality. They may tell you that
01:53:11.720 --> 01:53:15.380
there were other offers, but they don't actually
01:53:15.380 --> 01:53:17.420
have to tell you the truth. And so there are
01:53:17.420 --> 01:53:19.439
ways to try to suss that out in a bidding war
01:53:19.439 --> 01:53:22.000
that we could walk our clients through, but you
01:53:22.000 --> 01:53:24.520
always take it with a grain of salt. And likely
01:53:24.520 --> 01:53:27.199
there was, and it sold for just under two million.
01:53:27.560 --> 01:53:32.720
So the answer is that a dirt lot that has a hundred
01:53:32.720 --> 01:53:34.779
thousand dollar demo project or maybe a fifty
01:53:34.779 --> 01:53:38.859
thousand dollar demo project is selling for roughly
01:53:38.859 --> 01:53:41.939
two million bucks in this location where people
01:53:41.939 --> 01:53:44.500
are building amazing dream homes like these are
01:53:44.500 --> 01:53:48.140
this is trophy home central and and so likely
01:53:48.140 --> 01:53:49.600
you're going to see a five or six million dollar
01:53:49.600 --> 01:53:51.659
house on this lot within the next three years
01:53:51.659 --> 01:53:53.899
and maybe it'll be a spec project we don't know
01:53:53.899 --> 01:53:55.859
but sometimes that's what happens other times
01:53:55.859 --> 01:53:57.760
it's people that have been waiting for years
01:53:57.760 --> 01:54:02.460
to acquire On this location and in this particular
01:54:02.460 --> 01:54:06.140
case the buyer is somebody who whose taxable
01:54:06.140 --> 01:54:09.579
city is Mountain View so it's likely a tech worker
01:54:09.579 --> 01:54:13.239
an executive with a tech company and Likely they're
01:54:13.239 --> 01:54:14.739
gonna build a dream home here, but we'll find
01:54:14.739 --> 01:54:17.819
out I'm gonna say if you need any idea of the
01:54:17.819 --> 01:54:20.180
caliber of homes that this kind of neighborhood
01:54:20.180 --> 01:54:23.020
gets Just look around like all of the new builds
01:54:23.020 --> 01:54:27.619
and everything Kind of explain why the dirt value
01:54:27.619 --> 01:54:30.140
is so much and what they can do with the space
01:54:30.140 --> 01:54:32.859
And also this particular one does look like it
01:54:32.859 --> 01:54:36.319
has a reasonable view granted there's trees and
01:54:36.319 --> 01:54:39.340
it looks like a power line in the backyard of
01:54:39.340 --> 01:54:42.319
this one so that could take some further review
01:54:42.319 --> 01:54:45.460
to What I just said about, yeah, absolutely.
01:54:45.739 --> 01:54:48.039
And it's difficult and expensive to bury lines.
01:54:48.939 --> 01:54:51.079
One thing I just misspoke. I said the buyer is
01:54:51.079 --> 01:54:52.720
from Mountain View. That's the seller that's
01:54:52.720 --> 01:54:55.300
from Mountain View. Oh, OK. And they've had this
01:54:55.300 --> 01:54:57.800
property and their family since at least 1991.
01:54:58.640 --> 01:55:00.399
So take all that what I just said about tech
01:55:00.399 --> 01:55:02.720
workers away. That was the seller, not the buyer.
01:55:03.460 --> 01:55:09.079
OK. OK. Wow. Yeah. Since 91. OK. Our next one
01:55:09.079 --> 01:55:14.670
is 14754 Creekside Lane. And it is a home built
01:55:14.670 --> 01:55:20.350
by, I think, Arcadia was the architect. And it
01:55:20.350 --> 01:55:24.859
is just east of Rabbit. mountain, open space.
01:55:25.199 --> 01:55:27.180
It is legally you're part of Longmont, although
01:55:27.180 --> 01:55:30.239
you're quite a bit far outside the city. And
01:55:30.239 --> 01:55:32.920
you're pretty much unincorporated land is usually
01:55:32.920 --> 01:55:36.199
what's around there. This house itself is reasonably
01:55:36.199 --> 01:55:39.100
sized at 3 ,700 square feet, four bedroom, four
01:55:39.100 --> 01:55:41.920
bath, two car, detached garage. And it looks
01:55:41.920 --> 01:55:43.960
like a Colorado fantasy house because of all
01:55:43.960 --> 01:55:46.319
the protected land all around it. So even though
01:55:46.319 --> 01:55:48.939
it's only four acres of land, it looks like you
01:55:48.939 --> 01:55:51.859
owned hundreds of acres of land because of conservation.
01:55:51.880 --> 01:55:54.460
easements that protect it. The house itself,
01:55:54.619 --> 01:55:56.439
I think is a cool design, although it's not for
01:55:56.439 --> 01:55:59.479
everybody. It looks a little more prairie house
01:55:59.479 --> 01:56:02.359
than mountain house, for example, less, a little
01:56:02.359 --> 01:56:04.779
less Aspen, a little more, a little more Kansas
01:56:04.779 --> 01:56:07.699
mixed into the, into the blend. And it's, and
01:56:07.699 --> 01:56:10.300
a little dated, right? Like it's 21 years old,
01:56:11.100 --> 01:56:15.100
but the bones of it are cool. And the big garage
01:56:15.100 --> 01:56:17.340
with what I think is a carriage house above,
01:56:17.399 --> 01:56:20.430
or it might just be storage. But look at every
01:56:20.430 --> 01:56:22.930
window features this view that's just jaw -dropping
01:56:22.930 --> 01:56:25.710
so if you don't surrounded by it Yeah, if you
01:56:25.710 --> 01:56:28.010
if you want to be surrounded by beautiful Colorado
01:56:28.010 --> 01:56:31.130
pastoral land This one checked all the right
01:56:31.130 --> 01:56:34.970
boxes with one key exception and that is There's
01:56:34.970 --> 01:56:38.229
no mention of ditch rights or water rights. And
01:56:38.229 --> 01:56:40.270
even though you only own them four acres of land.
01:56:40.350 --> 01:56:43.829
It'd be nice to have actually gotten water rights
01:56:43.829 --> 01:56:48.789
with it But that does not appear to be the case.
01:56:48.909 --> 01:56:51.189
It's on it's in the Long's Peak water district
01:56:51.189 --> 01:56:53.430
But there are no water rights that were disclosed
01:56:53.430 --> 01:56:57.869
on the MLS. So You know we would have It would
01:56:57.869 --> 01:56:59.729
have been a good conversation with our buyer
01:56:59.729 --> 01:57:01.970
if the effect we have when looking for something
01:57:01.970 --> 01:57:04.810
like this if It had a horse barn. It would have
01:57:04.810 --> 01:57:07.029
been one that we would have wanted to go see
01:57:07.029 --> 01:57:09.430
And then probably update the interior to with
01:57:09.430 --> 01:57:11.770
the more modern color scheme I don't know about
01:57:11.770 --> 01:57:15.239
the pink or reddish cabinets in the kitchen But
01:57:15.239 --> 01:57:18.479
all those things are fixable right what is difficult
01:57:18.479 --> 01:57:21.659
to replicate is this conservation easement surrounding
01:57:21.659 --> 01:57:25.460
the property the agricultural Pastoral landscape
01:57:25.460 --> 01:57:27.819
and not really not that far from the city of
01:57:27.819 --> 01:57:31.779
Boulder Mm -hmm Yeah, it's a neat one. It looks
01:57:31.779 --> 01:57:34.539
like it is zoned for two horses, but again not
01:57:34.539 --> 01:57:37.659
having like a Dedicated water rights kind of
01:57:37.659 --> 01:57:40.319
make a big difference and it is part of an association
01:57:40.319 --> 01:57:46.060
to if you've heard of woodland village Goes yeah,
01:57:46.060 --> 01:57:50.260
there's no fees though. So and there was uh,
01:57:50.260 --> 01:57:52.920
there was a carriage house So there's a conforming
01:57:52.920 --> 01:57:56.060
bedroom rec room and three -quarter bath in the
01:57:56.060 --> 01:57:59.979
garage carriage house Perfect for guests Yeah
01:57:59.979 --> 01:58:06.399
Awesome little property for our ranchette gentleman
01:58:06.399 --> 01:58:11.600
ranch hobby farm buyer Very cute to picturesque
01:58:11.840 --> 01:58:15.779
Photogen. And this next one is kind of funny
01:58:15.779 --> 01:58:19.000
because this one has the water rights. Sitting
01:58:19.000 --> 01:58:22.539
on just under three acres of land, but the house
01:58:22.539 --> 01:58:27.760
itself is, well, not particularly great. 2600
01:58:27.760 --> 01:58:30.460
square feet, three bedroom, two bath, only a
01:58:30.460 --> 01:58:33.119
one car garage, but with water rights just outside
01:58:33.119 --> 01:58:36.140
the city limits in Longmont. You know, not too
01:58:36.140 --> 01:58:39.579
far from hygiene. The house is, we saw it with
01:58:39.579 --> 01:58:41.479
a client. The house is just terribly disappointing
01:58:41.479 --> 01:58:45.880
with a lot of 50s era stuff. And likely I remember
01:58:45.880 --> 01:58:47.659
kind of laughing at the light fixture. I'm like,
01:58:47.699 --> 01:58:49.000
you know, at some point in time, you're going
01:58:49.000 --> 01:58:52.640
to see like this giant light fixtures are going
01:58:52.640 --> 01:58:55.020
to be kind of quaint. Like it identifies the
01:58:55.020 --> 01:58:58.159
time period. It does show as updated, but the
01:58:58.159 --> 01:59:02.100
update quality was not very good. And like, My
01:59:02.100 --> 01:59:04.079
client basically was just dismissive of the house
01:59:04.079 --> 01:59:06.500
entirely. It was really just a water rights play
01:59:06.500 --> 01:59:10.180
with acreage, and we weren't quite ready to jump
01:59:10.180 --> 01:59:12.060
on something like that, but somebody was, and
01:59:12.060 --> 01:59:15.359
they paid $1 ,175 ,000. The listing originally
01:59:15.359 --> 01:59:17.899
hit the market at $1 ,002 ,000. It was only available
01:59:17.899 --> 01:59:19.819
for about two weeks, and then the right horse
01:59:19.819 --> 01:59:22.000
buyer came along that wants the barns, wants
01:59:22.000 --> 01:59:24.500
the water rights, wants the ability to grow crops,
01:59:24.560 --> 01:59:26.899
and wants to be close to city or close to hygiene,
01:59:27.140 --> 01:59:29.869
close to Longmont or hygiene. And so this sets
01:59:29.869 --> 01:59:33.050
the bar for the minimum really, which I would
01:59:33.050 --> 01:59:36.130
say, you know, D minus house, but great location
01:59:36.130 --> 01:59:38.689
and lot. A little close to the road. That's one
01:59:38.689 --> 01:59:40.909
thing also we didn't, we weren't crazy about
01:59:40.909 --> 01:59:45.210
was a little close to 17th Avenue. Yep. So this
01:59:45.210 --> 01:59:50.090
one, I mean, it just, it, it, it reads like the
01:59:50.090 --> 01:59:52.819
home of additions. like it started out as probably
01:59:52.819 --> 01:59:55.180
like a standard 50s home and then just like they
01:59:55.180 --> 01:59:57.220
couldn't help themselves they kept adding like
01:59:57.220 --> 01:59:59.840
an addition over here an addition there and while
01:59:59.840 --> 02:00:04.340
it's like updated it's just it still feels old
02:00:04.340 --> 02:00:06.560
i imagine i mean you walked through it but that's
02:00:06.560 --> 02:00:08.340
kind of how it comes across to me is it just
02:00:08.340 --> 02:00:14.800
feels old yeah All right, our next one, 903 Hover
02:00:14.800 --> 02:00:17.979
Ridge Circle, and our final one for today. This
02:00:17.979 --> 02:00:20.159
is a location that we actually have a listing
02:00:20.159 --> 02:00:22.220
at, which is why we're including it. Our listing's
02:00:22.220 --> 02:00:25.180
at 927 Hover Ridge Circle, and it's not priced
02:00:25.180 --> 02:00:27.500
terribly higher than this one. So we're kind
02:00:27.500 --> 02:00:29.439
of surprised that this one got the attention,
02:00:29.579 --> 02:00:31.779
although it's quite possible the buyer was capped
02:00:31.779 --> 02:00:35.979
out at 500. Smaller house, 2256 square feet,
02:00:36.079 --> 02:00:39.359
three bedroom, four bath. Ours is at least, oh,
02:00:39.359 --> 02:00:42.000
I don't know. 600 square feet bigger how big
02:00:42.000 --> 02:00:44.939
is ours? We'll have to check that but it's got
02:00:44.939 --> 02:00:47.260
way more it has many more bedrooms and a lot
02:00:47.260 --> 02:00:50.800
more space in the house for not a lot more money
02:00:50.800 --> 02:00:55.399
and also is detached so this is an attached two
02:00:55.399 --> 02:00:58.260
-story townhome and so we're kind of puzzled
02:00:58.260 --> 02:01:00.180
with why the buyer would have chosen this other
02:01:00.180 --> 02:01:01.979
than they must have been price capped at 500
02:01:01.979 --> 02:01:05.220
but the interior finishes look kind of similar
02:01:05.740 --> 02:01:08.159
And ours has got kind of a spiral design, which
02:01:08.159 --> 02:01:11.000
I think this kind of echoes a little bit. Yeah,
02:01:11.020 --> 02:01:14.260
you can see parts of it, right? This is very
02:01:14.260 --> 02:01:17.680
affordable living in a location that I think
02:01:17.680 --> 02:01:20.819
is getting a little bit overlooked. So I wanted
02:01:20.819 --> 02:01:22.680
to make sure we touched on this property because
02:01:22.680 --> 02:01:26.100
it was, you know, not in the same price category
02:01:26.100 --> 02:01:28.300
given, you know, we're looking at, what are we
02:01:28.300 --> 02:01:33.039
at? 540? We are 525 now. Yeah. So we've come
02:01:33.039 --> 02:01:34.960
down a bit I'm surprised they didn't they didn't
02:01:34.960 --> 02:01:36.420
knock on our door because I think they would
02:01:36.420 --> 02:01:38.960
have gotten a lot more house had they So this
02:01:38.960 --> 02:01:40.439
is one of those things where make sure you check
02:01:40.439 --> 02:01:43.140
out the other listings in the neighborhood And
02:01:43.140 --> 02:01:46.119
and see what you could do because it you never
02:01:46.119 --> 02:01:50.420
know unless you actually make an offer on On
02:01:50.420 --> 02:01:53.260
a listing I'm gonna say to like it looks like
02:01:53.260 --> 02:01:56.260
the buyer is represented non IRAs agent with
02:01:56.260 --> 02:02:00.510
a co -op non IRAs brokerage So that could be
02:02:00.510 --> 02:02:02.949
why. I don't know necessarily if their guidance
02:02:02.949 --> 02:02:07.029
told them that it'd be worth it to reach out
02:02:07.029 --> 02:02:09.689
to the competition in the area, too. Well, I'm
02:02:09.689 --> 02:02:12.710
not seeing that same data, Hamish. I'm seeing...
02:02:12.710 --> 02:02:15.010
Oh, I'm looking at Realtor .com, to be fair.
02:02:15.130 --> 02:02:18.340
I'm seeing a Coldwell banker agent. And there
02:02:18.340 --> 02:02:21.199
was a $15 ,000 concession for, we don't know
02:02:21.199 --> 02:02:24.079
what, so it didn't really sell for $4 .95, it
02:02:24.079 --> 02:02:27.319
really sold for $4 .80, which is a pretty significant
02:02:27.319 --> 02:02:31.359
discount to our listing, but even so, if you're
02:02:31.359 --> 02:02:33.699
in the market for a standalone house in a great
02:02:33.699 --> 02:02:36.739
location at a very reasonable price point that
02:02:36.739 --> 02:02:38.899
blows this house away, you should reach out to
02:02:38.899 --> 02:02:42.279
us, because we may have an option for you. All
02:02:42.279 --> 02:02:48.420
right. The Shameless Self -Promotion segment,
02:02:48.760 --> 02:02:51.800
Osman? Okay. Shameless Self -Promotion is our
02:02:51.800 --> 02:02:54.439
little few minutes for us to talk about one of
02:02:54.439 --> 02:02:57.060
our clients or perhaps services that we actually
02:02:57.060 --> 02:02:59.979
offer. And one of the things we do for our buyers
02:02:59.979 --> 02:03:04.060
that are relocating here in particular is offer
02:03:04.060 --> 02:03:07.359
them remote viewing of a property and remote
02:03:07.359 --> 02:03:10.100
viewing, not in the CIA sense of like sitting
02:03:10.100 --> 02:03:11.979
in a chair and meditating and viewing on the
02:03:11.979 --> 02:03:16.340
house. A sensory deprivation tank. full gimballed
02:03:16.340 --> 02:03:19.760
camera with microphone to audio as we walk through
02:03:19.760 --> 02:03:22.260
the house for you, pointing out all the things
02:03:22.260 --> 02:03:25.060
that are right and pointing out all the things
02:03:25.060 --> 02:03:29.399
we see that are wrong. And it is an honest evaluation
02:03:29.399 --> 02:03:31.680
of the house. In fact, it might be more than
02:03:31.680 --> 02:03:33.500
honest in that we're actually trying to discourage
02:03:33.500 --> 02:03:35.979
you because if you do want the house, we want
02:03:35.979 --> 02:03:38.500
you to really want the house. And that's with
02:03:38.500 --> 02:03:41.810
all its warts and faults. Uh, because that way
02:03:41.810 --> 02:03:43.949
you're not flying in during the inspection period
02:03:43.949 --> 02:03:47.010
and being disappointed and wanting to terminate.
02:03:47.090 --> 02:03:48.890
We've already told you about all the issues and
02:03:48.890 --> 02:03:51.010
you've agreed to them when we wrote the offer
02:03:51.010 --> 02:03:53.850
on your behalf. So that service, we've done dozens
02:03:53.850 --> 02:03:55.810
of these videos over the years, and I usually
02:03:55.810 --> 02:03:58.329
sell one or two houses a year this way. It is
02:03:58.329 --> 02:04:01.569
something that is, it is not the same as a FaceTime
02:04:01.569 --> 02:04:04.590
video, right? We're talking about high quality
02:04:04.590 --> 02:04:07.510
footage with detailed discussion of flaws of
02:04:07.510 --> 02:04:10.430
the house so that you really can feel confident.
02:04:10.489 --> 02:04:13.590
in the things that we see that are right and
02:04:13.590 --> 02:04:15.170
wrong and feel more confident in running your
02:04:15.170 --> 02:04:17.090
offer. So I just want to mention that if you're
02:04:17.090 --> 02:04:19.130
out there looking for a buyer and you're a buyer's
02:04:19.130 --> 02:04:23.270
agent, you're relocating from a market. And the
02:04:23.270 --> 02:04:25.970
problem is with relos, you don't want to rent
02:04:25.970 --> 02:04:29.289
something and then have a double move. And you
02:04:29.289 --> 02:04:31.810
also don't have limited time windows to shop
02:04:31.810 --> 02:04:34.350
and buy when you fly in. And this sort of bridges
02:04:34.350 --> 02:04:37.699
the gap. It lets you get an honest interpretation
02:04:37.699 --> 02:04:39.880
of a house and potentially compete for that house
02:04:39.880 --> 02:04:41.939
if it's that desirable that it's gonna go the
02:04:41.939 --> 02:04:45.000
first weekend without having to hop on a plane.
02:04:45.720 --> 02:04:48.720
And then you can, some of our clients don't even
02:04:48.720 --> 02:04:50.359
hop on the plane for the inspection, but most
02:04:50.359 --> 02:04:54.119
of them do, to see the house firsthand. And so
02:04:54.119 --> 02:04:56.100
far in doing this, we have yet to have a client
02:04:56.100 --> 02:05:00.409
be... Shocked that we missed something big on
02:05:00.409 --> 02:05:03.149
the house itself in the rules and this is you
02:05:03.149 --> 02:05:05.869
know what I had one deal years ago where the
02:05:05.869 --> 02:05:09.229
buyer did fly in and we realize that the house
02:05:09.229 --> 02:05:11.550
was subject to two front yard setbacks and they
02:05:11.550 --> 02:05:14.529
had big plans to expand it and that limited their
02:05:14.529 --> 02:05:16.640
expansion window. And we didn't realize that
02:05:16.640 --> 02:05:18.239
when we looked at the house the first time that
02:05:18.239 --> 02:05:20.380
this is going to be a problem. This is years
02:05:20.380 --> 02:05:22.420
ago. And now, of course, we know to look for
02:05:22.420 --> 02:05:23.939
that if you're thinking about buying a house
02:05:23.939 --> 02:05:26.680
with expansion in mind, because two front yard
02:05:26.680 --> 02:05:28.619
setbacks is going to limit your building envelope.
02:05:29.439 --> 02:05:31.840
But that was still a successful deal. We still
02:05:31.840 --> 02:05:33.579
terminated and got them their earnest money back.
02:05:34.199 --> 02:05:36.739
And they did lose their flight costs. But that
02:05:36.739 --> 02:05:40.800
happens with this type of situation. These can
02:05:40.800 --> 02:05:42.539
be a lot of fun. I think it scratches a little
02:05:42.539 --> 02:05:45.479
bit of a creative edge for Oswin and I. And some
02:05:45.479 --> 02:05:47.720
of the feedback we get too, especially when we've
02:05:47.720 --> 02:05:50.399
got a working relationship with remote clients,
02:05:51.039 --> 02:05:53.020
is I've seen messages and it's like, great, we
02:05:53.020 --> 02:05:55.380
just like broke out the popcorn, you know, we're
02:05:55.380 --> 02:05:57.239
cuddling up, this is going to be our like, you
02:05:57.239 --> 02:06:00.380
know, Friday night movie. And it's us going through
02:06:00.380 --> 02:06:03.399
the house. And yeah, they're generally a lot
02:06:03.399 --> 02:06:06.079
of fun. And I think If you were to like compare
02:06:06.079 --> 02:06:09.079
it to a FaceTime, a FaceTime might be the second
02:06:09.079 --> 02:06:11.119
time, you know, if you're still undecided or
02:06:11.119 --> 02:06:12.859
something, we'd go back for a FaceTime and then
02:06:12.859 --> 02:06:16.920
we could walk through together. But I mean, more
02:06:16.920 --> 02:06:19.640
often than not, I think that first, I mean, full
02:06:19.640 --> 02:06:22.899
comprehensive video just really blows away as
02:06:22.899 --> 02:06:25.180
far as the service goes. Yeah. They're often
02:06:25.180 --> 02:06:28.579
30 to 45 minutes long. That's our typical length,
02:06:29.039 --> 02:06:31.739
not five minutes in and out of the house. Mm
02:06:31.739 --> 02:06:34.880
hmm. Yeah, all right Hamish. It's time to talk
02:06:34.880 --> 02:06:37.500
about the news and get our hot takes and you
02:06:37.500 --> 02:06:39.939
help put together the docket So tell us about
02:06:39.939 --> 02:06:43.239
the news. Yeah, these are gonna be fairly quick
02:06:43.239 --> 02:06:46.920
run throughs. I will say This first one being
02:06:46.920 --> 02:06:49.319
boulder boulder. I have it in here. I was more
02:06:49.319 --> 02:06:52.300
or less our carve outs aren't about the boulder
02:06:52.300 --> 02:06:56.060
boulder, but Maybe we could talk about it. So
02:06:56.060 --> 02:06:59.279
the boulder boulder is a 10k if I'm not mistaken
02:06:59.710 --> 02:07:03.869
um that has about 50 000 attendees if not more
02:07:03.869 --> 02:07:08.670
uh for one day 70 000 I think maybe yeah I think
02:07:08.670 --> 02:07:12.289
50 000 or 52 however many runners and then you
02:07:12.289 --> 02:07:14.409
know all the support beyond that and all the
02:07:14.409 --> 02:07:18.850
volunteers and everything and um on its face
02:07:18.850 --> 02:07:21.829
like Osmond said it is both a party and also
02:07:21.829 --> 02:07:26.989
uh I think a very nice um event for Memorial
02:07:26.989 --> 02:07:31.510
Day and um kind of the way they wrap up is uh
02:07:31.510 --> 02:07:35.350
is really proper so outside of that i figured
02:07:35.350 --> 02:07:37.970
we could just talk about what we did so i shut
02:07:37.970 --> 02:07:41.770
down and um i didn't run it this this year but
02:07:41.770 --> 02:07:44.390
i did get to kind of look at it through the lens
02:07:44.390 --> 02:07:48.890
of a videographer uh for the first time so it
02:07:48.890 --> 02:07:51.949
was a lot of fun i joke that i walked probably
02:07:51.949 --> 02:07:54.250
the same distance as if i was in the event just
02:07:54.250 --> 02:07:57.210
going around getting shots and everything um
02:07:57.159 --> 02:08:00.539
and I learned that you cannot bring a black bag
02:08:00.539 --> 02:08:02.760
into the Folsom field so that was a little nerve
02:08:02.760 --> 02:08:05.239
-wracking I like shoved it by the wire fence
02:08:05.239 --> 02:08:07.279
and like asked somebody if I could tuck it behind
02:08:07.279 --> 02:08:09.779
their stroller and they were kind enough to say
02:08:09.779 --> 02:08:14.319
yes so that was a little spooky but um no it
02:08:14.319 --> 02:08:17.020
was a lot of fun and um I mean the energy is
02:08:17.020 --> 02:08:19.359
electric like I wasn't participating but I was
02:08:19.359 --> 02:08:21.380
still just on that that same high and seeing
02:08:21.380 --> 02:08:23.920
all the runners come through Folsom Field and
02:08:23.920 --> 02:08:27.119
the various stages of exhaustion or people that
02:08:27.119 --> 02:08:29.180
look like they could go a second time and you
02:08:29.180 --> 02:08:33.520
know it's it was um yeah just really cool going
02:08:33.520 --> 02:08:36.560
and I'm just stoked that uh I mean it's I think
02:08:36.560 --> 02:08:38.979
the largest Memorial Day running event now in
02:08:38.979 --> 02:08:41.500
the world or something I mean In the u .s. Right
02:08:41.500 --> 02:08:43.560
is certainly the biggest party and I think I
02:08:43.560 --> 02:08:45.680
think you're right It is the largest 10k, but
02:08:45.680 --> 02:08:51.300
according to claw 52 000 participants, uh roughly
02:08:51.300 --> 02:08:56.479
70 000 spectators Oh, yeah economic impact is
02:08:56.479 --> 02:09:00.779
about 87 000 people According to visit boulder's
02:09:00.779 --> 02:09:04.760
2024 economic uh impact report. So, you know,
02:09:04.760 --> 02:09:07.640
it's a it's a big event. It's a huge population
02:09:07.640 --> 02:09:11.279
bump to the city. There's a lot of people going
02:09:11.279 --> 02:09:13.460
to the restaurants and going to the shops. And
02:09:13.460 --> 02:09:16.180
of course, the boulder boulder organizers clean
02:09:16.180 --> 02:09:18.920
up. But they also support our community in great
02:09:18.920 --> 02:09:21.079
ways. So, you know, no complaints about the boulder
02:09:21.079 --> 02:09:22.920
boulder. It's just one of the most celebrated
02:09:22.920 --> 02:09:26.060
events of the year. And, yeah, Folsom Field has
02:09:26.060 --> 02:09:32.340
a clear bag policy that you can bring. And a
02:09:32.340 --> 02:09:35.060
clear bag is like 12 bucks on Amazon. So now
02:09:35.060 --> 02:09:39.359
you know. I Strolled up because I parked down
02:09:39.359 --> 02:09:41.939
and they're like garage and you know after walking
02:09:41.939 --> 02:09:44.699
15 20 minutes And I get there and I've got my
02:09:44.699 --> 02:09:46.800
backpack on I'm kind of sweaty and I'm like,
02:09:46.800 --> 02:09:51.899
okay and they're like nobody After you know filming
02:09:51.899 --> 02:09:53.960
all the waves and everything to start with it
02:09:53.960 --> 02:10:00.039
was yeah a bit of a reality check What about
02:10:00.039 --> 02:10:02.609
you? What'd you get up to? for the Boulder Boulder?
02:10:03.130 --> 02:10:05.930
Yeah, did you spectate? I couldn't run because
02:10:05.930 --> 02:10:09.010
of this ankle injury and so we walked the course
02:10:09.010 --> 02:10:12.149
and we watched people run by. We connected with
02:10:12.149 --> 02:10:15.090
friends of ours that were spectating and then
02:10:15.090 --> 02:10:17.090
we went to the field and watched the ceremony
02:10:17.090 --> 02:10:21.149
and it was great. It was, uh, we, why I did get
02:10:21.149 --> 02:10:23.130
footage of the runners starting. So I'm going
02:10:23.130 --> 02:10:25.329
to share that with you for next year's content.
02:10:25.710 --> 02:10:28.569
Uh, the men running the professional men's start.
02:10:28.810 --> 02:10:31.109
I got content on, which is really, you were amazing
02:10:31.109 --> 02:10:36.189
to see how fast they go, man. Wow. Um, so yeah,
02:10:36.270 --> 02:10:39.050
fun, fun event, great day. And then we had a
02:10:39.050 --> 02:10:41.649
party at a friend's house afterward that you
02:10:41.649 --> 02:10:43.710
were invited to Hamish and very much missed.
02:10:44.270 --> 02:10:47.029
So that was a good time. Great day. One of the
02:10:47.029 --> 02:10:49.560
best days of the year. Mm -hmm. Yeah. All right.
02:10:49.739 --> 02:10:51.840
You can spectate and have just as much fun. I
02:10:51.840 --> 02:10:55.840
feel like so very cool Well, our next news stories
02:10:55.840 --> 02:10:58.359
are about open space and access to open space
02:10:58.359 --> 02:10:59.640
and that Hamish I'm gonna let you lead the way
02:10:59.640 --> 02:11:03.680
with these Yeah, this one. I'm really just kind
02:11:03.680 --> 02:11:07.680
of coming off the back of our events summer summer
02:11:07.680 --> 02:11:11.779
things to do closing table, so I didn't really
02:11:11.779 --> 02:11:15.149
know that there was a boulder trail shuttle So,
02:11:15.189 --> 02:11:17.130
let me just read through here. I'm gonna link
02:11:17.130 --> 02:11:20.609
it as well. But it looks like, yeah, to Chautauqua,
02:11:20.789 --> 02:11:23.050
Boulder's got a free park -to -park service to
02:11:23.050 --> 02:11:25.710
and from Chautauqua. It's a shuttle that operates
02:11:25.710 --> 02:11:28.289
every 30 minutes. There's one in El Dorado Canyon
02:11:28.289 --> 02:11:31.329
from Superior, Boulder, and Marshall to the El
02:11:31.329 --> 02:11:34.630
Dorado Canyon State Park. And then the Hesse
02:11:34.630 --> 02:11:37.390
Trailhead. It looks like free buses that will
02:11:37.390 --> 02:11:39.170
ferry you from Netherland High School to the
02:11:39.170 --> 02:11:41.489
Hesse Trailhead. Friday, Sundays, and holidays,
02:11:41.590 --> 02:11:44.920
so. Yeah, if you're and I mean this is hiking
02:11:44.920 --> 02:11:48.619
But if you enjoy an adult beverage while hiking
02:11:48.619 --> 02:11:51.880
and you don't want to drive these are some better
02:11:51.880 --> 02:11:55.520
options Well, you don't want to fight for a parking
02:11:55.520 --> 02:11:59.159
space so if you're coming to Chautauqua to park
02:11:59.159 --> 02:12:03.859
at one of these locations and then hop on the
02:12:03.859 --> 02:12:06.500
free park -to -park service, it's a good service.
02:12:06.579 --> 02:12:09.979
It makes sense. Yeah, yeah, big time. All right,
02:12:10.199 --> 02:12:13.899
moving. Yeah, rules for mountain bikers. Yeah,
02:12:14.140 --> 02:12:18.119
moving right along. I'm trying to remember where
02:12:18.119 --> 02:12:21.100
exactly I caught wind of this. I think I was
02:12:21.100 --> 02:12:23.439
poking around on like a Louisville subreddit
02:12:23.439 --> 02:12:26.720
or something to that effect. But it looks like
02:12:26.720 --> 02:12:29.140
Boulder County is proposing some trail restrictions
02:12:29.140 --> 02:12:32.960
for mountain bikers and they're kind of proposing
02:12:32.960 --> 02:12:35.579
either like days on days off where it's like
02:12:35.579 --> 02:12:40.189
hike only this day, bike only this day. And this
02:12:40.189 --> 02:12:43.550
particular article, and I'm a little 50 -50 on
02:12:43.550 --> 02:12:45.909
even including it, but it's very pro -mountain
02:12:45.909 --> 02:12:50.029
bike and very upset at the Boulder County for
02:12:50.029 --> 02:12:53.409
kind of how they're doing. And they've got a
02:12:53.409 --> 02:12:56.609
point here, which I think is fair to an extent,
02:12:56.810 --> 02:12:58.890
is that Boulder County Parks and Open Space is
02:12:58.890 --> 02:13:00.689
one of the most well -funded open space departments
02:13:00.689 --> 02:13:03.130
in the state, yet they haven't built a single
02:13:03.130 --> 02:13:06.710
mile of dedicated bike -only trail across its
02:13:06.710 --> 02:13:10.890
100 ,000 -plus acres of land. So unbeknownst
02:13:10.890 --> 02:13:13.569
to me, it looks like there's a debate between
02:13:13.569 --> 02:13:17.229
kind of mountain bikers and hikers and a little
02:13:17.229 --> 02:13:19.869
bit of tension there. I know like Shanahan Ridge
02:13:19.869 --> 02:13:23.050
and a lot of like kind of the South Boulder trails
02:13:23.050 --> 02:13:27.869
are hiker only. And yeah, it's interesting because,
02:13:28.170 --> 02:13:30.329
you know, maybe this article's got a point, but
02:13:30.329 --> 02:13:32.609
they bring up that there's a lot of kind of mountain
02:13:32.609 --> 02:13:37.890
biking companies here and cyclists. jobs and
02:13:37.890 --> 02:13:41.189
everything. And so there's kind of the question
02:13:41.189 --> 02:13:45.189
of like, what about infrastructure for it? Do
02:13:45.189 --> 02:13:47.489
you have any? It's been an ongoing thing in Boulder
02:13:47.489 --> 02:13:49.810
for as long as I can remember. And it's almost
02:13:49.810 --> 02:13:52.890
ironic that there's so much restriction put on
02:13:52.890 --> 02:13:55.569
mountain bikers in Boulder County and in the
02:13:55.569 --> 02:13:59.729
city. And I think that And part of that is just
02:13:59.729 --> 02:14:02.550
the early experiences people had with rude cyclists.
02:14:03.010 --> 02:14:05.069
And the fear that it struck people that were
02:14:05.069 --> 02:14:07.350
hiking to have a cyclist barreling down and not
02:14:07.350 --> 02:14:09.670
knowing the rules. I still see this, right? Like
02:14:09.670 --> 02:14:12.920
on places where... Cyclists are allowed. They
02:14:12.920 --> 02:14:15.340
don't know the rules. And so you suddenly are
02:14:15.340 --> 02:14:17.600
like, if I'm walking around Pataso currently
02:14:17.600 --> 02:14:20.359
on a day that allows mountain biking, it's a
02:14:20.359 --> 02:14:22.359
little scary because people will come around
02:14:22.359 --> 02:14:26.180
these blind corners at full tilt on narrow trails
02:14:26.180 --> 02:14:29.439
and there's no place to go. And the hiker has
02:14:29.439 --> 02:14:31.939
the right of way. I get it. I ride mountain bikes
02:14:31.939 --> 02:14:35.300
too. And I also get frustrated by cyclists that
02:14:35.300 --> 02:14:39.979
arrogantly, you know, basically almost ram. Yeah.
02:14:40.640 --> 02:14:43.579
And some of these hikers are elderly. So I think
02:14:43.579 --> 02:14:45.819
that's the history of why there are mountain
02:14:45.819 --> 02:14:50.000
biker and hiker conflicts. And I do put it on
02:14:50.000 --> 02:14:53.359
the cycling community for not teaching cyclists
02:14:53.359 --> 02:14:57.439
to respect the trail prioritization. Like you're
02:14:57.439 --> 02:15:00.140
supposed to give people that are going uphill
02:15:00.140 --> 02:15:03.220
the right of way, you're supposed to give hikers
02:15:03.220 --> 02:15:06.380
the right of way and the people on horseback.
02:15:07.020 --> 02:15:09.420
are given the ultimate right of way. And that's
02:15:09.420 --> 02:15:12.220
largely because of the risk of somebody's horse
02:15:12.220 --> 02:15:16.060
startling. Getting kicked. Yeah. And throwing
02:15:16.060 --> 02:15:19.520
the rider. So these rules exist for a reason.
02:15:20.140 --> 02:15:22.279
And 100%, I would like to see more mountain biking
02:15:22.279 --> 02:15:25.539
trails open up. But I think it has to happen
02:15:25.539 --> 02:15:27.500
with better education for the cycling community
02:15:27.500 --> 02:15:30.819
because it ain't working. And I'm a cyclist that
02:15:30.819 --> 02:15:32.619
could tell you it ain't working. So none of this
02:15:32.619 --> 02:15:36.829
really surprises me. That that that there's continued.
02:15:36.930 --> 02:15:39.430
I mean there've been conflicts like this ever
02:15:39.430 --> 02:15:42.250
since I moved to Boulder well over 20 years ago
02:15:42.250 --> 02:15:45.710
Mm -hmm. And yeah, I mean fair. I mean like From
02:15:45.710 --> 02:15:48.010
the little mountain biking that I've done speeds
02:15:48.010 --> 02:15:50.930
addicting and I'd love to rip through a corner
02:15:50.930 --> 02:15:53.670
at full speed But if you're sharing it, you know,
02:15:54.109 --> 02:15:56.210
and especially being that hiker that gets nailed
02:15:56.210 --> 02:15:58.409
by somebody coming through the corner I mean,
02:15:58.810 --> 02:16:02.369
it's genuinely dangerous. Yeah, even you know,
02:16:02.470 --> 02:16:06.270
if you're not elderly, so there's spaces that
02:16:06.270 --> 02:16:09.069
are just blind corners like on Betasso narrow
02:16:09.069 --> 02:16:12.069
trails and blind corners, which Like where are
02:16:12.069 --> 02:16:14.250
you supposed to go in that microsecond that the
02:16:14.250 --> 02:16:16.489
cyclists should have been like going really slow
02:16:16.489 --> 02:16:19.430
around instead they They weren't they're ripping.
02:16:19.670 --> 02:16:24.090
Yeah. Yeah And genuinely, yeah microsecond. Yeah
02:16:24.090 --> 02:16:27.590
Shall we? All right. Tell me about the chicago
02:16:27.590 --> 02:16:31.310
m red and zillow battle Chucking right along
02:16:31.310 --> 02:16:35.049
or chugging right along. I um saw this this morning
02:16:35.049 --> 02:16:39.959
in my fog of waking up But a judge has ordered
02:16:39.959 --> 02:16:43.159
all Chicago area real estate listings to remain
02:16:43.159 --> 02:16:46.680
on Zillow amid an ongoing dispute last week that
02:16:46.680 --> 02:16:48.579
saw thousands of listings removed from some of
02:16:48.579 --> 02:16:52.100
the most popular real estate sites. So I'm more
02:16:52.100 --> 02:16:54.200
or less just going to be reading this and paraphrasing
02:16:54.200 --> 02:16:57.219
it, but I wanted to cover because. I think on
02:16:57.219 --> 02:16:59.559
our Brand Aid podcast, we were talking a lot
02:16:59.559 --> 02:17:02.420
about kind of Zillow's not necessarily vying
02:17:02.420 --> 02:17:05.360
for top brokerage in the nation, but they are
02:17:05.360 --> 02:17:08.040
vying for kind of like an MLS alternative or
02:17:08.040 --> 02:17:11.680
replacement. And I think we're only going to
02:17:11.680 --> 02:17:14.340
see kind of like a head spot between the established
02:17:14.340 --> 02:17:18.500
MLS and Zillow. So at the center of the dispute
02:17:18.500 --> 02:17:22.020
are a handful of listings that Zillow said violated
02:17:22.020 --> 02:17:26.219
its policy. The MLS here in Chicago is called
02:17:26.219 --> 02:17:30.920
MRED. I'm guessing it's Midwest Real Estate Data.
02:17:32.219 --> 02:17:34.559
It had accused Zillow of violating its licensing
02:17:34.559 --> 02:17:36.340
agreement by not allowing the listings to be
02:17:36.340 --> 02:17:38.680
decided on the site. So it seems like a little
02:17:38.680 --> 02:17:42.280
bit of back and forth. But yeah, I wanted to
02:17:42.280 --> 02:17:45.389
kind of highlight it. I don't have much of a
02:17:45.389 --> 02:17:49.110
takeaway for this one. Zillow is so ridiculous.
02:17:49.190 --> 02:17:51.329
In fact, he just reminded me of my ongoing battle
02:17:51.329 --> 02:17:54.829
with Zillow. Are they still not canceled? Over
02:17:54.829 --> 02:17:58.760
refunding fees. I've had to change the credit
02:17:58.760 --> 02:18:01.239
card number, lock the credit card down because
02:18:01.239 --> 02:18:04.200
they keep charging even though our, and I've
02:18:04.200 --> 02:18:06.379
got proof our agreement ended. So they make money.
02:18:06.719 --> 02:18:09.020
So, okay. So here's the background. Zillow won.
02:18:09.059 --> 02:18:11.399
All right. They built a better mouse trap and
02:18:11.399 --> 02:18:13.559
the mouse, the mice they were catching were the
02:18:13.559 --> 02:18:17.649
eyeballs of consumers and real estate. MLSs were
02:18:17.649 --> 02:18:20.590
fractionalized and a mess across the country
02:18:20.590 --> 02:18:23.709
and Zillow built a much better graphic user interface.
02:18:24.090 --> 02:18:26.209
And then they integrated information from tax
02:18:26.209 --> 02:18:28.590
assessors and they built an algorithmic prediction
02:18:28.590 --> 02:18:31.290
of what your home's value is called a Zestimate.
02:18:31.989 --> 02:18:34.969
And so everyone that wants to look at house porn
02:18:34.969 --> 02:18:36.950
goes to Zillow, whether or not they're buying
02:18:36.950 --> 02:18:39.770
a real house. And the MLSs gave them the data
02:18:39.770 --> 02:18:42.329
to do it. Right? So these are the real estate
02:18:42.329 --> 02:18:46.870
owned, realtor owned. computerized systems to
02:18:46.870 --> 02:18:49.930
communicate about listing information. So Zillow
02:18:49.930 --> 02:18:52.450
won that war and they did it in a very aggressive
02:18:52.450 --> 02:18:55.690
way. And now other brokers, particularly Compass,
02:18:56.500 --> 02:18:58.760
is going to bat trying to do the same thing and
02:18:58.760 --> 02:19:01.180
go head to head with Zillow. And there are still
02:19:01.180 --> 02:19:04.799
large MLSs like the Chicago MRED that are embattled
02:19:04.799 --> 02:19:08.120
with Zillow over displaying information. And
02:19:08.120 --> 02:19:09.680
ultimately, I don't know how the story is going
02:19:09.680 --> 02:19:12.719
to end, but the real estate community has sort
02:19:12.719 --> 02:19:15.600
of lost control of the MLS. And Zillow has de
02:19:15.600 --> 02:19:19.139
facto become the MLS for a lot of people. It
02:19:19.139 --> 02:19:22.360
gets more views than the actual MLS, but it also
02:19:22.360 --> 02:19:23.959
gets a lot of people that are not really shopping.
02:19:24.539 --> 02:19:27.459
versus views on the MLS through an agent portal
02:19:27.459 --> 02:19:30.040
is usually a serious buyer. So that is something
02:19:30.040 --> 02:19:32.799
to keep in mind. I think it's an evolving story.
02:19:32.920 --> 02:19:36.139
I think there will be more lawsuits and it's
02:19:36.139 --> 02:19:39.200
just going to be battled out. Ultimately, I think
02:19:39.200 --> 02:19:42.780
Compass's relentless marketing about this private
02:19:42.780 --> 02:19:46.780
client network is effective because people think
02:19:46.780 --> 02:19:49.600
that it does... protect the seller better from
02:19:49.600 --> 02:19:51.860
days on market. It does give them a chance to
02:19:51.860 --> 02:19:55.959
test market price. The reality is a tiny fraction
02:19:55.959 --> 02:19:58.540
of listings sell that way, but they don't tell
02:19:58.540 --> 02:20:03.700
you that. So it convinces sellers to choose Compass
02:20:03.700 --> 02:20:07.780
even when the value add of their concierge services
02:20:07.780 --> 02:20:11.579
are questionable. So we'll continue to see this
02:20:11.579 --> 02:20:13.360
play out as Zillow and Compass are the biggest
02:20:13.360 --> 02:20:16.139
800 pound gorillas in the space. Zillow being
02:20:16.139 --> 02:20:18.079
a brokerage of its own competing with Compass,
02:20:18.139 --> 02:20:20.420
also a brokerage and most people don't realize
02:20:20.420 --> 02:20:23.000
that. And then you've got the MLSs that are also
02:20:23.000 --> 02:20:24.860
embattled. So we'll keep watching. Just trying
02:20:24.860 --> 02:20:27.360
to keep up almost. We'll keep watching the war,
02:20:27.420 --> 02:20:29.360
but I don't know how the war ends. It's going
02:20:29.360 --> 02:20:32.739
to be messy. Yep. At least we get front row seats.
02:20:33.319 --> 02:20:35.500
That's great. Something to that degree. Yeah.
02:20:35.959 --> 02:20:39.229
And that wraps up news. Thanks for making that.
02:20:39.250 --> 02:20:41.489
That wraps up news. All right, let's talk about
02:20:41.489 --> 02:20:45.290
carve -outs. Hamish, what is Noah Kalina? Or
02:20:45.290 --> 02:20:47.670
who is Noah Kalina? Yeah, I was gonna say what
02:20:47.670 --> 02:20:53.110
is, who is, who are. I got like a YouTube recommendation.
02:20:53.129 --> 02:20:57.250
Noah Kalina is, from as far as my deep dive has
02:20:57.250 --> 02:21:01.389
gone, a photographer who kind of cut his chops
02:21:01.389 --> 02:21:04.430
in New York City and has since moved to upstate,
02:21:04.430 --> 02:21:07.799
I think like Timberline, New York. But he has
02:21:07.799 --> 02:21:11.659
a podcast esque YouTube show which he calls the
02:21:11.659 --> 02:21:17.420
hotline show and it is Quite a calming thing
02:21:17.420 --> 02:21:20.319
to tune into I think at this point he's got like
02:21:20.319 --> 02:21:24.020
a standard audio like intro and it's very synth
02:21:24.020 --> 02:21:26.379
heavy But the way that it comes in and the shots
02:21:26.379 --> 02:21:28.879
that he starts out with are just very calming
02:21:28.879 --> 02:21:31.440
you can imagine the upstate like lushness and
02:21:31.440 --> 02:21:34.739
the mist and everything and Pretty recently he
02:21:34.739 --> 02:21:40.239
like hiked These I think Watkins Glen waterfalls
02:21:40.239 --> 02:21:45.659
and Honestly kind of made me want to go but I
02:21:45.659 --> 02:21:48.459
kind of like, you know, I got into it and photography
02:21:48.459 --> 02:21:52.299
is kind of an interesting Creator space because
02:21:52.299 --> 02:21:56.459
you have like hype bros and You have like tutorial
02:21:56.459 --> 02:21:59.620
bros and then you have like good vlogs and bro
02:21:59.620 --> 02:22:02.100
isn't to discount here It's just like the people
02:22:02.100 --> 02:22:04.979
and then you also have the space of what I think
02:22:04.940 --> 02:22:07.780
I tend to gravitate towards which is like generally
02:22:07.780 --> 02:22:13.079
fairly classically artistic but also and no shade
02:22:13.079 --> 02:22:17.500
kind of this pretentious note to it and who I'd
02:22:17.500 --> 02:22:20.479
put on that would be like his name's James Popsis
02:22:20.479 --> 02:22:24.700
Popsies and he's on he's out in England and also
02:22:24.700 --> 02:22:28.600
has kind of an aesthetically pleasing vlog and
02:22:28.600 --> 02:22:32.459
video series and I quite enjoy what he's got
02:22:32.459 --> 02:22:36.159
to say on a lot of his stuff but Fully wrapping
02:22:36.159 --> 02:22:39.739
around I've kind of gotten into watching some
02:22:39.739 --> 02:22:42.959
of his hotline shows Noah Kalinas that is and
02:22:42.959 --> 02:22:45.700
I went down like a little bit of a rabbit hole
02:22:45.700 --> 02:22:49.639
on how he came about and things and essentially
02:22:49.639 --> 02:22:52.600
he was just somebody who wanted to be a photographer
02:22:52.600 --> 02:22:58.879
and kind of went All routes no holds barred to
02:22:58.879 --> 02:23:03.540
get there He came about during like early 2000s
02:23:03.540 --> 02:23:05.879
and got a few gigs with I think like it was like
02:23:05.879 --> 02:23:08.959
an AOL world map or something and so they'd hire
02:23:08.959 --> 02:23:12.040
him to Just go to like different bars and things
02:23:12.040 --> 02:23:14.540
and and take pictures and he'd get like a certain
02:23:14.540 --> 02:23:17.319
amount of money for each picture he'd started
02:23:17.319 --> 02:23:21.850
like a he started out also taking headshots doing
02:23:21.850 --> 02:23:24.709
$20 headshots on Craigslist and finally, you
02:23:24.709 --> 02:23:26.329
know, they weren't very good and all these things
02:23:26.329 --> 02:23:30.350
but I a few things that are in there is like
02:23:30.350 --> 02:23:32.409
he was talking about like where you get inspiration
02:23:32.409 --> 02:23:35.829
from and stuff and to be inspired you kind of
02:23:35.829 --> 02:23:38.989
have to look around and I was just like, oh,
02:23:38.989 --> 02:23:42.030
yeah here is another photographer that I can
02:23:42.030 --> 02:23:45.110
kind of look at and I've gone through his archive
02:23:45.110 --> 02:23:48.479
and like his website will be linked but A lot
02:23:48.479 --> 02:23:50.040
of the shots there don't move the needle for
02:23:50.040 --> 02:23:51.639
me, but then there are quite a few that it really
02:23:51.639 --> 02:23:53.920
do and it's cool seeing somebody's like full
02:23:53.920 --> 02:23:59.020
archive and Scrolling through I mean almost like
02:23:59.020 --> 02:24:01.000
a seemingly endless amount of pictures and being
02:24:01.000 --> 02:24:03.180
like, okay that one sticks Why is that one sticking
02:24:03.180 --> 02:24:05.780
for me and like is it the composition? Is it
02:24:05.780 --> 02:24:09.219
the subject like is it the lighting and? Kind
02:24:09.219 --> 02:24:11.399
of thinking through from a technical standpoint,
02:24:11.399 --> 02:24:14.700
but also And I was been we've been working on
02:24:14.700 --> 02:24:16.979
headshots But I said to you while I was trying
02:24:16.979 --> 02:24:20.940
to take yours is I I think I'm yet to be at the
02:24:20.940 --> 02:24:24.059
point where I know what I'm Wanting from my subject
02:24:24.059 --> 02:24:27.139
when I'm shooting a headshot Like I know what
02:24:27.139 --> 02:24:29.760
a shot and composition I want from a house You
02:24:29.760 --> 02:24:31.899
know when I'm shooting like a three axle three
02:24:31.899 --> 02:24:34.739
axis gimbal movement or like I know Like how
02:24:34.739 --> 02:24:37.100
I need to work the camera to get that but I don't
02:24:37.100 --> 02:24:41.079
yet know people and so it's fun looking at other
02:24:41.079 --> 02:24:44.370
people and Getting inspiration from it. I've
02:24:44.370 --> 02:24:47.829
been watching quite a few videos on how to direct
02:24:47.829 --> 02:24:54.329
non -professional talent. And some of these videos
02:24:54.329 --> 02:24:57.469
also show the photographer working with professional
02:24:57.469 --> 02:25:01.149
talent and what the differences are. And the
02:25:01.149 --> 02:25:03.770
people that are professional models or have modeling
02:25:03.770 --> 02:25:07.030
experience are so much more comfortable in front
02:25:07.030 --> 02:25:09.860
of a camera. But there's still techniques to
02:25:09.860 --> 02:25:12.620
working with them, like showing them what the
02:25:12.620 --> 02:25:14.420
images look like on the camera, like creating
02:25:14.420 --> 02:25:17.280
a rapport, helping people get comfortable. All
02:25:17.280 --> 02:25:22.860
of that is part of working with humans. But people
02:25:22.860 --> 02:25:25.739
that do it professionally are at a different
02:25:25.739 --> 02:25:29.420
level than those that are not and inexperienced.
02:25:30.439 --> 02:25:32.719
Human photographers, which is what I would say
02:25:32.719 --> 02:25:35.079
you and I are inexperienced. We're very experienced
02:25:35.079 --> 02:25:38.200
with real estate Less experience with photographing
02:25:38.200 --> 02:25:41.200
humans is a different. It's a different game.
02:25:41.239 --> 02:25:44.620
And so it's fun to learn And ultimately, I think
02:25:44.620 --> 02:25:47.399
you'll land on your own personal like way of
02:25:47.399 --> 02:25:49.959
making people feel comfortable Yeah, and there's
02:25:49.959 --> 02:25:52.829
um the style to it right and it's like what's
02:25:52.829 --> 02:25:56.209
the style and defining yourself and The podcast
02:25:56.209 --> 02:25:58.049
that I listened to with him is he was like, you
02:25:58.049 --> 02:25:59.629
know, I don't really like adhere to it he's like
02:25:59.629 --> 02:26:01.530
if I like the image I like the image and you
02:26:01.530 --> 02:26:04.450
see that like going through the archives and
02:26:04.450 --> 02:26:10.069
It's interesting one of the while I'm here things
02:26:10.069 --> 02:26:13.090
like I read an interview with him and then I
02:26:13.090 --> 02:26:15.750
listened to a podcast and both of them brought
02:26:15.750 --> 02:26:18.649
up like selling out and then like artistic vision
02:26:18.649 --> 02:26:21.530
and he's like i don't really care about that
02:26:21.530 --> 02:26:23.489
he's like you've got to make money and it's like
02:26:23.489 --> 02:26:25.629
you don't really feel like selling out like of
02:26:25.629 --> 02:26:27.010
course there's stuff that i want to do but i'm
02:26:27.010 --> 02:26:29.790
not a diehard like you know gift horse in the
02:26:29.790 --> 02:26:31.950
mouth just because i want to do my artistic style
02:26:31.950 --> 02:26:35.549
and i think that's like probably just a very
02:26:35.549 --> 02:26:40.450
grounded you know take on it um yeah no it's
02:26:40.450 --> 02:26:44.389
cool and um maybe the the carve out was more
02:26:44.389 --> 02:26:46.770
you know we're we're doing some headshots and
02:26:46.770 --> 02:26:49.709
stuff but it all kind of wraps and all kind of
02:26:49.709 --> 02:26:54.149
wraps together well um my carve out is the limits
02:26:54.149 --> 02:26:57.889
of ai and that's based on some personal experience
02:26:57.889 --> 02:27:01.510
recently with two things one is an ankle injury
02:27:01.510 --> 02:27:05.819
that's been driving me crazy for months Since
02:27:05.819 --> 02:27:09.620
last October and it's currently May and I finally
02:27:09.620 --> 02:27:12.819
got an MRI and after trying to just go directly
02:27:12.819 --> 02:27:16.280
to a PT and finally got an MRI saw an orthopedic
02:27:16.280 --> 02:27:19.280
doctor not a surgeon and I prefer to start with
02:27:19.280 --> 02:27:21.299
the non surgeons because they're not cutters
02:27:21.299 --> 02:27:24.239
right cutters want to cut as the saying goes
02:27:24.239 --> 02:27:27.020
and I want to go with somebody who doesn't cut
02:27:27.020 --> 02:27:30.120
to see what they have to say and within 10 minutes
02:27:30.120 --> 02:27:32.399
of reviewing the MRI and doing some physical
02:27:32.399 --> 02:27:36.629
tests on my ankle. He's like you have plantar
02:27:36.629 --> 02:27:40.149
fasciitis. It's very obvious when we do the ultrasound
02:27:40.149 --> 02:27:43.250
between your two feet that there's thickening
02:27:43.250 --> 02:27:45.750
of the plantar fascia. And this is exactly where
02:27:45.750 --> 02:27:48.270
your pain point is. That's what you got. And
02:27:48.270 --> 02:27:50.430
he gave me a couple of different options for
02:27:50.430 --> 02:27:53.090
resolution of how to like the treatment going
02:27:53.090 --> 02:27:54.909
forward and the prognosis, which is pretty good.
02:27:55.500 --> 02:27:57.979
But I thought I had tarsal tunnel syndrome based
02:27:57.979 --> 02:28:00.780
on AI and watching a bunch of YouTube videos.
02:28:00.899 --> 02:28:03.799
And the MRI is like, nope, absolutely not. Don't
02:28:03.799 --> 02:28:07.120
have that issue. So there you go. And it's just
02:28:07.120 --> 02:28:09.559
one foot. And it's just sort of funny because
02:28:09.559 --> 02:28:12.579
AI led me down a tarsal tunnel rabbit hole to
02:28:12.579 --> 02:28:15.139
the point where I literally told the MRI technician,
02:28:15.299 --> 02:28:17.379
I think I've got tarsal tunnel. And they're like,
02:28:17.459 --> 02:28:20.600
sure, sure. We'll scan your ankle. And I imagine
02:28:20.600 --> 02:28:22.940
that they must be dealing with so many people
02:28:22.940 --> 02:28:25.270
walking in for imaging or visiting their doctor
02:28:25.270 --> 02:28:28.629
who come with their own idea of what the diagnosis
02:28:28.629 --> 02:28:32.709
is based on AI. And AI isn't always wrong, but
02:28:32.709 --> 02:28:34.770
boy, it can lead you astray. So it led me astray
02:28:34.770 --> 02:28:37.709
with my ankle. And it also has led me astray
02:28:37.709 --> 02:28:41.510
with our camper van that has suddenly no longer
02:28:41.510 --> 02:28:44.049
been emissions ready. And I had taken the van
02:28:44.049 --> 02:28:46.250
to the emissions center, had them plugged in
02:28:46.250 --> 02:28:48.409
and plug it in and go do the emissions test.
02:28:48.430 --> 02:28:49.870
And they're like, sorry, your van's not ready.
02:28:50.190 --> 02:28:51.969
And they didn't charge me. And they gave me some
02:28:51.969 --> 02:28:53.409
paperwork. I'm like, what do you mean it's not
02:28:53.409 --> 02:28:55.329
ready? And I've gone down this rabbit hole of
02:28:55.329 --> 02:28:59.229
what's going on with this van. And AI has led
02:28:59.229 --> 02:29:02.870
me down step after step of diagnosing. And nothing.
02:29:03.010 --> 02:29:05.350
I've replaced the battery. I've looked for damage
02:29:05.350 --> 02:29:08.639
from rodents. Nothing is showing up. And finally,
02:29:08.700 --> 02:29:10.379
I'm like, all right, I'm taking it back to the
02:29:10.379 --> 02:29:12.399
shop that told me to just drive it. And I described
02:29:12.399 --> 02:29:14.819
the symptoms and they called me back two hours
02:29:14.819 --> 02:29:18.500
later and they're like, so you know that security
02:29:18.500 --> 02:29:20.479
plug that you keep plugging in and out and keep
02:29:20.479 --> 02:29:22.799
telling us not to leave the secure. So the van,
02:29:23.280 --> 02:29:27.479
I had installed a product called Revelco. Revelco
02:29:27.479 --> 02:29:32.059
is a is like a hidden. fuel pump switch, but
02:29:32.059 --> 02:29:34.559
it's way more complicated. It's like a kill switch,
02:29:34.639 --> 02:29:37.860
but it's way more complicated. And it actually,
02:29:38.819 --> 02:29:42.219
it might turn off the fuel pump. It might disconnect
02:29:42.219 --> 02:29:47.850
the starter. It might also unplug the ECU. And
02:29:47.850 --> 02:29:51.149
that's what's happening, is that this is like
02:29:51.149 --> 02:29:54.649
completely disconnecting the computers on the
02:29:54.649 --> 02:29:58.010
van when I pulled the security plug. And I got
02:29:58.010 --> 02:29:59.989
the security plug because the vision was that
02:29:59.989 --> 02:30:01.569
at some point we might want to go to Mexico.
02:30:02.370 --> 02:30:05.069
And this van would be a fun vehicle to go through
02:30:05.069 --> 02:30:08.229
Baja or other places that are a little more likely
02:30:08.229 --> 02:30:10.790
where it might get stolen. So if we have the
02:30:10.790 --> 02:30:14.409
security plug, it's far harder to steal. Ravelco
02:30:14.409 --> 02:30:16.569
claims they've never had a vehicle stolen after
02:30:16.569 --> 02:30:20.290
five million installs. but not stolen through
02:30:20.290 --> 02:30:22.329
the ignition, like stolen because it was towed
02:30:22.329 --> 02:30:25.709
away, not stolen because somebody's like was
02:30:25.709 --> 02:30:27.969
able to start it and drive it. Yeah. Right. And
02:30:27.969 --> 02:30:30.389
so that's the Ravelco pitch. I mean, that's their
02:30:30.389 --> 02:30:32.309
marketing. Who knows if it's true or not. But
02:30:32.309 --> 02:30:34.850
what they don't tell you is it also makes it
02:30:34.850 --> 02:30:37.350
so that if you unplug it, your van doesn't go
02:30:37.350 --> 02:30:40.069
through the required number of drive cycles so
02:30:40.069 --> 02:30:43.110
that it is ready for emissions testing. And man,
02:30:43.229 --> 02:30:46.110
I have spent months with trying to diagnose this,
02:30:46.170 --> 02:30:48.290
not like all the time, but like when I have to.
02:30:48.110 --> 02:30:49.629
time in the evening, I'm like, okay, where you
02:30:49.629 --> 02:30:52.670
get the bug? Yeah. Let me go. Like I've removed
02:30:52.670 --> 02:30:54.610
the dog house. I've gone through, I've gone through,
02:30:54.770 --> 02:30:57.729
I've traced every wire. I tested the OBD circuits.
02:30:57.770 --> 02:31:00.229
I thought for ground, I didn't, and it showed
02:31:00.229 --> 02:31:02.709
me no voltage. And so, and it turned out that's
02:31:02.709 --> 02:31:05.290
all wrong. It's the Revelco plug according to
02:31:05.290 --> 02:31:06.930
my mechanics. So we'll find out in a few weeks
02:31:06.930 --> 02:31:09.370
if he's right, but it's so interesting that AI
02:31:09.370 --> 02:31:11.270
led me through all sorts of other areas. It turned
02:31:11.270 --> 02:31:13.909
out to not be the thing. Uh, and I'm grateful
02:31:13.909 --> 02:31:16.450
for somebody with 20 plus years of experience.
02:31:16.909 --> 02:31:20.450
to tell me what's really going on. So watch out
02:31:20.450 --> 02:31:22.889
there when you think AI has got all the answers
02:31:22.889 --> 02:31:25.170
on anything you ask it to evaluate, because it
02:31:25.170 --> 02:31:27.370
can very easily lead you astray in everything
02:31:27.370 --> 02:31:31.049
from ankle injuries, to vehicle emissions, to
02:31:31.049 --> 02:31:35.069
guess what, real estate. So trust but verify,
02:31:36.190 --> 02:31:38.229
and make sure you do your homework, and always
02:31:38.229 --> 02:31:42.209
consult with an advisor you can trust that actually
02:31:42.209 --> 02:31:44.190
has your best interest in mind if you're buying
02:31:44.190 --> 02:31:48.149
or selling real estate. Really quick, can I?
02:31:48.250 --> 02:31:49.989
Yeah, I know it's not. I'd love to hear your
02:31:49.989 --> 02:31:51.649
thoughts on it. This Ravelco, do you just have
02:31:51.649 --> 02:31:53.329
to keep it plugged in for a couple drive cycles
02:31:53.329 --> 02:31:55.430
and you're good to go? Like it's not, okay, thank
02:31:55.430 --> 02:31:57.489
God. I was like, hopefully it's not like messing
02:31:57.489 --> 02:32:01.610
with your wiring or anything. Because it sounds
02:32:01.610 --> 02:32:03.090
like it actually, from what I just looked up,
02:32:03.250 --> 02:32:05.010
this looks like a really robust anti -theft.
02:32:05.530 --> 02:32:08.870
And then, dude, I'm almost the exact identical
02:32:08.870 --> 02:32:11.129
issue. I haven't finished mine yet or found it
02:32:11.129 --> 02:32:13.729
out, but at my Pathfinder, I have been hunting.
02:32:14.030 --> 02:32:17.270
with AI to try and diagnose why it's not passing
02:32:17.270 --> 02:32:20.649
emissions. And I picked up a new carb compliant
02:32:20.649 --> 02:32:22.530
catalytic converter and sure enough, the catalytic
02:32:22.530 --> 02:32:24.129
converter is completely fine. And I think I've
02:32:24.129 --> 02:32:27.270
got like, from what I know about cars and then
02:32:27.270 --> 02:32:30.549
the rabbit hole that I'm in with AI, I have like
02:32:30.549 --> 02:32:33.309
two more components, but I'm also just burnt
02:32:33.309 --> 02:32:39.690
out, you know? Like, yeah. I'm sure both my mechanic
02:32:39.690 --> 02:32:42.969
and my orthopedic, the moment I say AI, like
02:32:42.969 --> 02:32:45.010
inside, I can see their eyes roll. They're like,
02:32:45.030 --> 02:32:49.170
oh boy, here we go. Here we go with Dr. AI or
02:32:49.170 --> 02:32:53.350
mechanic AI that's totally not right. And it's
02:32:53.350 --> 02:32:54.989
just funny how you can be so easy to trust them.
02:32:54.989 --> 02:32:57.729
And you don't mean to be that guy either. I'm
02:32:57.729 --> 02:33:01.090
trying not to be that guy, but sometimes you're
02:33:01.090 --> 02:33:07.079
that guy. Shall we? All right, folks. squandered
02:33:07.079 --> 02:33:09.600
another two and a half hours with the House Einstein
02:33:09.600 --> 02:33:12.280
team listening to this podcast or watching the
02:33:12.280 --> 02:33:16.229
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02:34:04.110 --> 02:34:06.930
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