Posts made by author 'Badger Peabody & Smith Realty'
11
Perfectly Peaceful
A change of scenery is always a good thing. I've noted in past articles that I do enjoy change. At a half-century old I really do enjoy my normal routine, but getting out for adventures is still very high on my list. This week we are in Paonia, Colorado. We have no friends or family here. It's just a place my honey used to live and has always wanted to revisit with me. Aside from the destruction of local businesses due to the pandemic, this is a great little town.
My favorite part so far, besides the chickens wandering around the property, is how dark it is at night. As I type this, we're kicking off International Dark Sky Week. Sitting in the lawn chairs at night is simply sublime. It feels like camping with the lack of light pollution around. The only time I enjoyed darker skies was in the desert in Morocco. It's no secret w...
4
Trust Your Gut
As expected, my friend has put an offer in on a home. It's a condo just north of town. It has loads of natural light streaming in and satisfies her needs with 2 beds and 2 baths. Having been involved in real estate for over a decade now, I gently offered my 2 cents about it being a seller's market and all that. In the end, she is committed to being in this home for at least 5 years and is willing to ride the inevitable ebbs and flows of the market along the way. She's happy and I'm thrilled for her to start building equity.
Something I've learned over the past few months is the long-standing real estate mantra about location rings true with one's sense of home and contentment. We all know that when it comes to selling your house, the location will have a direct impact on the selling price, popularity and time on the marke...
25
Just-released study, State of Luxury Real Estate 2021
More than 15.5 Million Affluent Households across the Globe are in the Market for Residential Real Estate over Next Three Years, According to a Study
Consumers in top 1-5% bracket surveyed across 17 countries, representing more than 30 million households
NEW YORK CITY, NY, Feb. 17, 2021 - A comprehensive study of the world's affluent households by Luxury Portfolio International® (LPI), the luxury marketing division of Leading Real Estate Companies of the World®, the largest global network of premier locally branded residential real estate brokerage firms, revealed compelling metrics on the demand for residential real estate among the world's wealthiest.
The just-released study, State of Luxury Real Estate, focused on consumers in the top 1%-5% income bracket of 17 c...
21
Rent or Buy
Try and contain your excitement over my clever title today. I typically love to use a play on words or an alliteration, but today I just wasn't feeling it. I'm still (casually) house-hunting and honestly enjoying the process. In the past decade or so, when looking for a place to rent, I spent loads of time on the interwebs seeking out rentals. The home shopping process has been literally the same. I'm spending time researching neighborhoods and homes and eventually I'll work up to actually visiting the home..you know... like a real human meeting with other humans. Hard to believe, I know. Can we stop wearing hazmat suits to the grocery store yet? Ugh.
If you're still debating whether to rent or buy, this article is for you. If you are not in this boat, I suppose you can turn the page, take another sip of your coffee and enjoy...
14
Buying Blind
When I first went to college, I registered, paid, bought a plane ticket to Minneapolis and arrived on campus having never set foot there (or in Minnesota for that matter). It was a little silly for sure, but I knew I wanted to attend there and nothing was going to change my mind. In the case of my college choice, it fulfilled all of my "must haves" and most of my "nice to haves". Were I buying a house, my confidence would have been on the same level.
In our current (mildly insane-but slowly getting better) global climate, buying a home site unseen is becoming more common. While working over in Lincoln, we had a handful of people purchase condos never having stepped foot in them. For a ski condo, I think that is a little less risky. You are basically buying a place to recreate a few times (weekends) a year. I read once that th...