Tag Archive for: Denver

I have been called many things in my life– strong, compassionate, wise- and the “B” word, as in bossy. I’ve spent hours at kitchen tables and RiNo coffee shops, dispensing advice and Kleenex, bringing clarity to the confused and donuts to the distraught. These caffeinated, altruistic moments can get messy. Dreams are shared along with struggles. Questions and voices and glasses are raised, ideas get thrown around, sentences get interrupted, and napkins are nervously shredded. In other words, magic happens. Nothing feels better than a problem-solving download with a very good friend, then saying goodbyes with a hug and a plan. 

Danielle LaPorte- “We all just want to be seen and heard. No exceptions.”

This dynamic works best when it works both ways and within my trusted circle I am uplifted, held, and given a swift kick in the pants when I need it. Friendship, connection and community are as old as time and perhaps never as vital to our well-being as they are in today’s crazy swirl of a world where we are bombarded with information and disinformation. The time we spend together gives us the opportunity to listen to one another with our hearts, share our insights and practice empathy. It lifts us up, makes us more generous human beings. Why is it so much easier to fix another’s ills than it is to cure what ails you? Because blindside is never 20/20.

Dr. Seuss — “When you’re in a Slump, you’re not in for much fun. Un-slumping yourself is not easily done.”

The idea of being paid to help people get unstuck and on track with their thoughts, habits and desires sounds like a good thing for an empath, doesn’t it? People tell you where they think they want to go, you help them hone in and be specific, then craft a strategy on how to get there; like Google Maps for the soul. When we listen carefully to one another, when we talk freely, we share our goals, obstacles and frustrations. What we’re often missing is the awareness of what we already know, and because answers are inherent in the question, it sounds pretty simple. So simple, we slap our foreheads when the answer is right under our…knows.

A Life Coach is different than a therapist, mentor, shaman or babysitter. Each of these are useful, respectable professions (often sharing the same tasks) a life coach wields more than a riding crop and whistle. The coach’s superpower is accountability. Even the friends we check in with daily, accountability from a pro is altogether different. There is $kin in the game, a weekly Zoom meeting, and someone who is not only listening, but taking notes.  Dreams and goals are chunked out, tasks are broken down into actionable items and timelines are integrated into strategy, and your Life Coach isn’t going to hijack your session talking about her latest Tinder disaster.

While great friendships evolve organically over time, finding a great coach requires its own investment. Surfing the Internet you’ll find great adjectives on their websites- passion, empowerment, confidence, transformation, tools– (and who doesn’t want more of those?) but it takes more than keywords to find the right fit. et’s take a look at what they do.

  1. Identify true desire.
  2. Identify any obstacles or objections to desire.
  3. Align resources to achieve desire.
  4. Search for where the manifestation of this desire lives.
  5. Connect manifestation with recipient of desire.
  6. Ensure manifestation, recipient and desire are in alignment.
  7. Write offer, go under contract, schedule inspection… oh wait.

The next time someone tells me I should be a life coach, I’ll remind them I’m a Realtor. We make many choices, some make life better while others go wildly wrong. Choosing a friend, mentor, lover or life coach can enhance the quality of your days and nights. Choose wisely.

 

 

“I cannot recommend Tracy highly enough!! I had just moved to Denver and Tracy worked so hard to find a house for me, guide me through the buying process and negotiate on my behalf with the sellers. Tracy is professional, tireless and super conscientious. She never forgets the smallest detail. She also has a great sense of humour! I would not hesitate to recommend Tracy….5+ stars all around!!” – Bonnie King

sweet and lucky 2
Photo: Adams Visual Communications
To say that life is sweet and we are lucky is a sentiment reserved for the days spent looking backward. Rare are the moments spent fully present, when the experience and appreciation collide. This summer, in a 16,000 square feet warehouse in Denver’s RiNo neighborhood, a confluence of elements comes together to create a unique experience where life comes alive and the past is fully present. Presented by DCPA Off Center in collaboration with Third Rail Projects, Sweet & Lucky is a theatrical time ballet exploring the nature of love, memory and the objects that connect us to both. Lush, romantic, universal, metaphoric and delightful― there is magic happening here and you feel it.

Describing the event without giving too much away- not in plot spoilers, but careful not to interfere- is tricky for this is immersion theatre. Rather than the traditional sitting-in-the-dark-watching-actors-tell-the-story or the interactive style of Tony & Tina’s Wedding, Sweet & Lucky invites you into its world, takes your hand and guides you through it, while leaving space for the sound of your soul to fill the silence.

It is a story of love through decades and the moments that ultimately define us. My first venture into Sweet & Lucky took me on a deeply personal journey as touchstones of the central relationship reveal the heartaches, kisses, treasures and gratitude that make a life. Audience members are allowed to snoop around in the lovers’ psyches; reading letters, guessing outcomes, drinking in the ambiance a taste of the Sweet & Lucky cocktail created by Williams & Graham mixologist, Sean Kenyon.

Everyone starts together in the huge warehouse space, culled into smaller groups, and moved room-to-room as the twelve performer piece unfolds. Each room is its own environment, designed to evoke engagement through the senses with exquisite visuals, tasks, scents and “audio texture”, contributing to a deeply moving and dream-like evening, bearing witness to the core of the story and finding resonance in your own.

Given the opportunity to return, I took my son, August Witherspoon, curious to see how the evening would play in his open, twenty-two-year-old heart and compared notes over a cocktail in the post-show speakeasy. A few questions led us to the realization that we’d each tracked a different cast-

So we saw different actors playing the same story? I like that, and how you were left to fill in the blanks in what happened; we got different views of the same play. I love how as you’re taken from scene to scene, you start to notice trending objects; symbols and motifs become apparent the further along into the story you progress and wrap around again. Like how every sense is pleasantly utilized, from smelling the chamomile and lavender to the taste of the same herbs in the cocktail. I felt these things starting to have an effect on me― they were not only connecting the story together but they started connecting me to my own memories. You’re watching this story, putting together the pieces and becoming introspective into your own memories of loved ones. That’s never happened to me at the theatre. I realized how many memories I’ve made in my short time on this Earth, many of which I hadn’t thought of since the events themselves. It really makes you wonder what creates a memory, and how the more memories you make with someone, the closer you become with them. I guess that’s why they seem to never dissipate.

How true my son. We’re just spinning around on a rock amid the stars, without reason, making all the memories we can. Sweet.

SWEET & LUCKY is produced by DCPA’s Off Center, a commission of Brooklyn-based Third Rail Projects. Running through August 7 (at which time it must close) tickets are limited, non-transferable, and available at 303.893.4100 or online at www.denvercenter.org

BubbleAs a Realtor, out on the town I’m always asked, “How’s the market?” It’s the follow-up question where it really gets interesting.

The last seven years have seen a surge in the metro Denver real estate market as record numbers of buyers look for homes, which in turn has caused prices to jump. The strength in the market has been so pronounced that people are beginning to ask “Are we in another bubble?” It’s a reasonable question given the horrendous experience of the housing crisis, and while no one can ever predict the future with certainty, I see no evidence that we’re heading for a dramatic downturn in the real estate market any time soon. Here’s why:
1. Even with the continued increase in metro Denver home prices (up another 8 percent in the past 12 months) the average inflation adjusted PITI (Principle, Interest, Taxes, and Insurance) payment made in metro Denver is actually BELOW our 35-year average. This means that while prices have steadily risen, buyers are still able to afford their monthly payments, providing plenty of room for continued home price increases.
2. The number of transactions relative to the population of metro Denver is just about at the 25-year average. At the peak of the bubble in 2006 the number of home sales was about 20 percent above the historical average. When we see the number of closed transactions well above our historical average that’s an indication of an overheated market, as it was in 2006. The number of closed home sales is actually DOWN 12 percent in the past year due to the low inventory. No sign of a bubble here.
3. In 2006, many of the deals were closed with low or no documentation mortgages (“liar loans” or “no doc loans”). Today, mortgage underwriting standards are among the toughest they’ve been in decades. This prevents unqualified buyers from purchasing property, which mitigates the chance of the market overheating (fewer buyers means fewer purchases means less chance of the market frothing into bubble territory like it did in the past).
4. Because of relatively high home affordability it’s a lot cheaper to buy than rent in our market. This would not be true in a bubble. For housing price affordability to return to the average level that we saw in the years between 2000 and 2004 either home prices would have to increase an additional 35 percent or interest rates rise to 6.6 percent. Neither is going to happen any time soon.
5. The imbalance between buyers and sellers we’ve seen recently in our housing market (too many buyers/not enough homes for sale) is due to a lack of inventory, not illogical/unrealistic/unsustainable demand from buyers. “Much of the price increases we are seeing are the result of rising demand among investors and homebuyers for a still-limited supply of homes for sale,” said Anand Nallathambi, president and CEO of CoreLogic. This imbalance is a logical correction from years past when we had too FEW buyers in the market. This is how markets are supposed to work, always regressing to the mean over time.
6. Rising mortgage rates will help to temper the possibility of a bubble as well (they are still near 50-year lows but are expected to rise someday). “History shows that a rapid rise in interest rates tends to have little correlation with home prices. Rather, rising rates are more likely to contribute to a decrease in home purchase volume,” wrote Mark Palim in a Fannie Mae commentary. So the positive side of a rise in mortgage rates is that it will reduce the number of buyers and therefore lower the chance the market will rise out of control and end up collapsing in a bubble.
Click on the monthly market snapshot, the inventory of metro Denver homes for sale continues to fall; it’s down another 5 percent from a year ago. Since the inventory is still extremely low (about 5,520 homes on the market where about 18,000 is a balanced market) I am all but certain the demand will still exceed the supply for the next several years and prices will continue to rise for the foreseeable future. No bubble on the horizon yet… Stay tuned!
June 16 - Market Snapshot [5608]

Buyers
If you agree that we’re not headed for a bubble any time soon what does this mean for you as a buyer? I think it means you should consider buying a home IF it makes sense for you to do so. Are you running out of room at home? Expecting a baby? Have an awful commute? Want to live in a nicer neighborhood? Looking for a better school district for the kids? There are a lot of great reasons to move. But don’t buy a home to speculate on the market; buy because it’s time for a new home. Call me anytime to discuss what your options are and how I can help you find a wonderful place to live.
Sellers
We have been discussing the incredible strength in our housing market. If you’re looking to sell your home this should be very welcoming news! The inventory of homes on the market is at an all-time low and prices are up. Call me and I’ll be happy to run a complimentary Comparative Market Analysis on your home to let you know what it might be worth. It’s great information and costs you nothing.
Investors
The most recent “Metro Denver Area Residential Rent and Vacancy Survey” shows the great news continues for landlords. According to the report:
“The overall vacancy rate for the metro area for the fourth quarter of 2015 was 3.1 compared to 3.9 percent for the previous quarter, and 1.5 percent for the fourth quarter of 2014. It was 2.0 percent in the fourth quarter of 2013, 1.7 percent for the fourth quarter of 2012, 2.1 percent for the fourth quarter of 2011, 2.0 for the fourth quarter of 2010, 5.5 for the fourth quarter of 2009, and 4.9 percent for the fourth quarter of 2008.”
In the U.S., more millionaires owe their wealth to real estate investments than any other single source of income. Today’s market could not be better for long-term buy –and-hold investors. Call me to find out more.

Vacancy Rates
Adams 3.9%
Arapahoe 4.0%
Boulder/Broomfield 2.7%
Denver 3.1%
Douglas 1.7%
Jefferson 2.6%

rsz_futura_photo_title_and_anne_only_[44058093]When Boulder theater artist, Amanda Berg Wilson returned to Denver from a decade long explore of Chicago what she found here was a lot of great theater. What she craved, was great theater with a Chi-town influence. “There was so much being done in Chicago while I was there, so much of it was unlike anything I’d seen before; exciting voices from playwrights telling multi-disciplinary, non-realistic stories that were offbeat and very theatrical.” That was then. Now in its fifth season, Co-Founder/Artistic Director, Amanda Berg Wilson and the cadre of artists who constitute The Catamounts, continue to surprise and engage like no one else in Denver theater. Drawn to the non-linear tale, this “Theater for an Adventurous Palate” has built a repertoire of edgy experiences for a loyal Denver/Boulder audience that is welcoming of the group’s esoteric, contemporary focus. And they FEED you.
I sat down with some Catamounts and began a chat about the upcoming production of Jordan Harrison’s play, Futura, with a slight detour diving deep into the differences between experimental theatre and performance art and the evolution of the avant-garde movement. “The concept of pushing the boundaries of theatrical convention isn’t new, of course, it just keeps changing” says Amanda. “Where we fit into this as a company is that rather than looking for stories that alienate, we’re looking for stories with a point of entry, for narratives that refine and defy convention while engaging our audience.” So far, so good.
Futura is the season’s second full-length offering; a dystopian allegory written by Jordan Harrison, directed by company member Meridith Grundei. A 2015 Pulitzer Prize Finalist for his play Marjorie Prime, Harrison takes us to the not so distant future where the printed word is illegal. Harrison’s obsession with fonts led him to an exploration of the art of pen-to-paper and the extinction of the printed word in a digitized age where online libraries, e-readers and the rapidly shrinking newspaper industry are the polar ice caps of a font-fetishist’s nightmare. Melancholy for a pre-e world and the collateral damage of the Information Age is a now a font of inspiration for millennial writers. Playwright Annie Baker mourned the loss of film to digital in The Flick, and though Harrison is currently on the writing team for the Netflix series Orange is the New Black, his theatrical forays continue to pay off.
I ask Ms. Grundei, to tell me about Futura and a world where the printed word cannot be written or even read. “It takes place in 2021, so not that far off, when the written word is virtually dead. On her first day back on the job after her husband’s gone missing, a University professor launches into a passionate rant about history, relevance and importance typography and the detrimental effects of the techno world on the human brain. Then she gets kidnapped.”
We continue into the topics explored on the play’s dark side: the ominous Big Brother, capricious Wikipedia and manipulation of information controlled by a select few. “It’s interesting because rather than being a manipulative polemic, we ask at what cost? Futura is a brilliantly written and thought-provoking play about the physical loss of the written page, our privacy in this growing technological world, and the beauty and sadness around the loss of something so simple as an ink smudge.” Says the eloquent Ms. Grundei. “A life without texture” say I. The Catamounts Executive Producer, McPherson Horle, adds, “The largess of Jordan Harrison’s ideas about government intrusion and the power of the written word would be gift enough, but the humor, grace and humanity that pervade this piece are truly remarkable. This is a hopeful story about the importance of human connection, and the art that flows as a result.”
Now tell me about the FEED. Berg Wilson picks up, “FEED is a multi-course, seated dinner where each course pairs a dish, a drink, and a performance piece. All courses revolve around a central theme, and live music weaves the whole evening together.” Go on… “We choose a theme, FEED: Fire, FEED: Illuminate” says Horle. “Then we create a palate of handcrafted food and a specialty drink inspired by that theme. We encourage people to experience the chef’s pairings and the performance- dance, music, literature- each element enhances and compliments the other. It’s truly magical.” I ask MacPherson Horle how that came to be. “Well, first off, we’re foodies. Foodies with an MFA.”
Sounds good to me!

Futura opens April 2 at the Nomad Theater in Boulder and runs through the 16th. Click here for tickets, schedule and special performance events.

Everybody loves Zillow. I love Zillow. I love how excited it gets buyers and sellers when they see a home they love or what a neighbor’s house is selling for; a useful tool in many ways, for better or worse, it empowers the consumer. I look at Zillow to see what my clients/potential clients are taking as accurate information… and then I do my homework. The #Denver #realestate market is moving so quickly that even agents and appraisers can have a hard time keeping up. Public record algorithms don’t have the ability to distinguish the differences in the quality of one property from the other, upgrades, location, or if there’s a crack house next door. Algorithms don’t call other agents to inquire about that “Coming Soon” sign or have the latest data on solds as it takes some time to record.
The Los Angeles Times recently published an article that lays it out quite clearly. Though a “Zestimate” can have a low margin of error, it can also be alarmingly high. Imagine a scenario where you’re meeting with your perspective agent thinking that your home is worth 26% more than what it will really sell for.
Sellers, armed with the Internet, often have an idea in their heads about their home’s value. When I pull comparable properties, show them what the list vs sold prices are and how many days on market it’s taken those homes to sell, they may find a different story. Sometimes the news is good, based upon my data, their home may be worth more than they think. Other times it can be a let down.
Buyers burn the midnight oil searching Zillow then send me a link to their dream home. When I hit the MLS at 7 a.m. most often I find that this dream home is under contract… or sold three months ago. If you’re looking to buy a home, I’ll send you to REColorado, the consumer website linked to the Denver Matrix MLS I use so we can work together efficiently. It’s updated throughout the day, has great home search capabilities and saves me time looking for your real home, not the one someone’s already moving in to.
All this to point out that you now have access to a lot of information about my business. A lot of it is helpful and a whole lot of fun, but none is as accurate as hiring a professional; one who specializes in finding the right home in the right neighborhood that suits your needs. If you’d like an “Exact-i-mate” about what your home might sell for in today’s Denver market, give me a call I’d be glad to sit down with you and show you your market value and why.

new-year-2015As the clock ticks toward year’s end, it’s time to review the 2015 real estate market.
When someone asks me how the real estate market is, the cocktail party answer is that it’s been a very pleasing 12 months and future looks bright and shiny. Because the economic news is good our Denver Metro real estate market is projected to stay strong but not overheat. I’ll share some of the metrics I use to evaluate the market and understand it better, describing what 2015 looked like and where I think we’re headed.
Market strength–2015 was an extremely strong seller’s market. The market strength peaked in the spring when the bottom dropped out of our inventory and multiple offers were all the rage. Frustrating for buyers who felt they had to give away so much to stay competitive, the good news is that the market reacted appropriately and became more balanced as the year progressed. With prices on the rise, sellers were motivated to sell as we approached the fall so the market cooled with the start of school and the weather. It is still a strong seller’s market, but far more in balance. I expect 2016 to continue along this line and see no sign of a major imbalance that could lead to any sort of ugly peak and crash. Sellers should get a good price for their homes and replacement properties should not be as hard to find.
Buyers– Real estate website Trulia says that buying an average home in Denver is a whopping 38 percent cheaper than renting a home! For the average home, the interest rate would have to skyrocket to 11 percent for renting to become cheaper than buying, meaning that it is currently MUCH more affordable to buy than to rent. Even with current prices and current rents, interest rates would have to nearly triple to make renting more affordable than owning. (Call me if you want to talk about this.)
Sellers-Can’t say this enough: the most important thing to prepare your home for sale is to get rid of clutter. This includes furniture. You may have learned to live with that cherished armchair stuffed into the corner but a professional stager will often times whisk away half of your furniture. The house looks so much bigger for it, leaving space for a buyer couple and their agent to tour the home without bumping into each other, and space for their imaginations to make it their own. You don’t have to go “Stager drastic” but take a hard look, be objective, and see what you can live without. Painting always pays for itself and statistics show that springing for a staging company is often a good investment.
Rental Vacancies– The rental market is stronger than it has ever been in metro Denver. The vacancy rate for 1- to 4-unit properties is an extremely low 2 percent. That’s a drop from the already 4.7% we’d been experiencing for the past few years. On top of this, rents are rising faster than ever, up 30% in the past three years. With rents equaling a mortgage payment, we’re seeing more renters making the decision to buy. Why live waiting for another rent increase, tough competition and another application process without building any equity? Many homeowners who lost their homes in the downturn and have been renting, are becoming eligible to purchase once again. This is great news for the market and will certainly lead to more sales in 2016, though the influx of buyers insures a continuing seller’s market.
Interest rates– No one knows exactly what interest rates will do in the future but my best guess is that they may rise a little in 2016, but only a little. Remember that the Federal Reserve has control over only short-term, not long-term interest rates. Even if the Fed raises rates, that doesn’t directly affect the 30-year home buyer interest rate you are concerned with. Long-term interest rates are affected by the bond market (as bond prices decrease, interest rates increase) which, frankly, is not predictable. Understand though that interest rates are at near 50-year lows so they are highly unlikely to fall any further. All we know for sure is that someday they will go up.
The Economy– No matter what you may hear in the months leading up to the election (places hands over ears), right now the metro Denver economy is very strong. This is fueling our terrific real estate market and the rising population of our city. The unemployment rate is extremely low, about 3.5 percent. Inflation will stay in the range of 1-2 percent, our population is rising at a rate of 50,000 people/year and consumer confidence continues to rise. Nothing can be better for the housing market than a strong and steady economy.
Mortgage -The single most important number for a home buyer is their FICO score. For good or bad, your FICO plays a major role in your ability to finance your home purchase. Your credit score is a snapshot taken by the three leading credit bureaus, TransUnion, Equifax and Experian, to help lenders determine what sort of credit risk you are. Your FICO is a number between 300 and 850 and is calculated by a complex algorithm assessing your past credit history. Most home lenders will consider a score over 700 to be excellent while scores below 600 are considered poor. The better the score the more credit will be extended, at better terms, with a lower interest rate. The best credit terms are extended to consumers with scores above 740. Therefore, it’s critical to understand what your FICO is and what you can do to improve your score. When I work with buyers I help them understand the factors affecting their score so they can work to improve them. I can’t think of a better investment in your future than to spend a little time working on your FICO score.
Here are a few tips I give my clients:
1.Don’t max out your cards, try to keep them under 50% of available credit. Running high balances can severely impact your FICO.
2.Continue paying your bills on time.
3.Don’t apply for new credit or cancel an old card because length of credit helps.
4.Pay down high balances.
5.Dispute and resolve any inaccurate items in your credit report.
6.Invest in a credit monitoring company to track the changes to your score.

Dana davis 023 Recently I had the chance to sit down with Dana Davis for a talk about the carousel of life and the upcoming Carousel Ball. The youngest daughter of Barbara and Marvin Davis, the family was living in Denver during the 70’s, when Dana was diagnosed with Type I diabetes. This prompted her powerhouse mother, Barbara Davis, to create the Children’s Diabetes Foundation. In the nearly forty years since its inception, The Children’s Diabetes Foundation has raised over 100,000,000 and has provided support for an amazing amount of research into the cause and treatment of diabetes and provided opportunity for excellent care to the children and adults living with Type I.

For decades Barbara Davis and her signature black-tie event, The Carousel Ball, raised the bar on fundraising events, leveraging her vast network of celebrities, politicians and Denver’s crème of the philanthropic set. So when former kindergarten teacher/shoe designer, Dana Davis stepped in to chair this year’s event, she had some big shoes to fill. Barbara Davis

The daughter of a man who owned 20th Century Fox, the Beverly Hills Hotel, the Pebble Beach Corp. and Aspen Skiing Co., Ms. Davis is no stranger to the world’s movers and shakers or the Hollywood celebrity. No stranger to Type I diabetes, she has lived with the disease for forty years and has served on the Children’s Diabetes Foundation’s board of directors for more than a decade; Dana Davis is not stepping into unknown territory. Still, I asked if she was nervous about chairing the legendary event.

“I am excited. It was a logical progression for me to be where I am now, but I didn’t want to come marching in and make anyone, including my mother, feel uncomfortable. My mother created a wonderful event with a history of great success, but fundraising has changed so much. My vision is to build on that success and bring it forward, not just into the present but into the future. We have so many ways of communicating now, with social media and through the Internet; it’s possible to keep getting the word out throughout the year, beyond an annual party. The center and the foundation are her babies, and I would never want to step on her toes.

“When The Children’s Diabetes Foundation started the goal was to raise awareness about the disease, dollars to fund research for a cure and to make life easier for diabetics. Working together with the Barbara Davis Center has enabled so many groundbreaking achievements in the fight against diabetes and ensured that no one who needs treatment is turned away. The Children’s Diabetes Foundation, as I see it, has an opportunity not only to educate about Type I diabetes, but to share the hope these advancements bring and tell the stories of diabetics who are living amazing lives. When I became involved, really involved (for the past six months she’s been serving as CDF’s Interim Executive Director), I had no idea how many inspiring people I would meet, strong, vital people who have changed the face of diabetes.”

Dana shared with me about the event itself. “There will be some of the familiar elements of the Carousel Ball as we know it, with a graceful evolution. We will be much more interactive with more focus on the people who benefit from the great work the Foundation does, the lives we impact. We’ll share the gains and the hope on the horizon. And of course, we’ve got Usher performing and Grammy-winning record producer, David Foster, will be the music director and emcee.”
This year’s 29th Annual Carousel Ball honors Broncos own NFL Hall of Fame quarterback, John Elway and his wife Paige. The event is sold out, so a lucky 1,000 guests will be gala-ing it up at the Hyatt Regency Convention Center on October 2nd. If you’d like to take a chance at some last minute tickets, contact Amanda Garrett, 303-863-1200 or amanda@Children’sDiabetesFoundation.org

Photos courtesy of Silver Spur Marketing.

july newsletter 15
From Page 4
4. The Investor Real Estate Market: Denver is still a great place to invest in real estate. The fix and flip market is strong for those who can find underpriced homes to buy and repair. They’re out there but it takes tools, patience, and work to find them. Once you get one fixed up, selling is the easy part because of the lack of competing inventory. The buy and hold market will continue to be extremely profitable for long-term investors. Interest rates and vacancy rates are still near record lows and rents continue to rise – a record 10.8 percent per year the past three years. It’s not difficult to buy a rental property in today’s environment and put it on the path to be paid off in 12-15 years. Just think how your life would change if you owned a couple of rental properties free and clear! For building long-term wealth it’s tough to compete with rental property ownership. That’s the one thing that will never change. CLICK ON MAP TO ENLARGE
july 15 map

Need more info? Boy you are a real estate geek! (and I love it) CLICK LINK for the metrics from Matrix. 15-0705 DSF Data CITY – Copy

If you would like a personal real estate consultation, have any questions about the market, your home’s value or need more specific information about your neighborhood please give me a call.
Until next month… use your sunscreen!

http://youtu.be/S5CjKEFb-sM

Opening with the usual hoopla, the 37th STARZ Denver Film Festival is well underway. Red carpet screenings at The Buell and their requisite parties ushered in some of the big films, while the 200+ films being screened over the twelve day fete continue to intrigue, provoke, terrify and delight moviegoers.
Opening night brought a very pretty but far too predictable “5 to 7”, directed by Victor Levin and starring the lovely Berenice Marlohe and Anton Yelchin in a rendezvous I never quite believed. Yelchin plays an aspiring, unpublished writer, living in a nice Manhattan flat I kept wondering how he paid for. Nice comic turns by Glen Close and Frank Langella as Yelchin’s parents. I guess they pay for the flat.

The Big Night fared much better, offering The Imitation Game. Benedict Cumberbatch (TV’s Sherlock) leads a spot on cast in this solid biopic about a British mathematician, Alan Turing, who broke the German’s Enigma code, diminishing Nazi power in World War II. I loved how the story marched forward with strength and vitality while never allowing itself to get too showy. Cumberbatch pulled off a very graceful performance full of nuance but with the seams tucked in. Nice to see a leading man lead the story without feeling the need to steal the show.

My chaos theory and chaotic reality clash as I approach the twelve day cinematic binge-fest. Poring over the film guide, I circle, highlight and mark out my must see list. Then real life happens and I show up when I can and roll into the next available screening. My free-form-festing brings surprise and serendipity, leaving vapor trails that connect themes in mysterious ways.

rsz_i_believe_in_unicorns_publicity_still03 Leah Meyerhoff’s I Believe in Unicorns is a feature film debut, told by an old-soul storyteller. Her painterly eye and 16mm format sweep us into a mythical tale that lifts beyond the coming of age story, stirring up the memory of first love. The characters are young and perfect; hearts true, logic flawed, but they press on in heroic longing, even as the ugly reveals. Haunting, and beautiful, and as painful as love can be, “I Believe in Unicorns” left me musing on the power of our personal magic, wondering why we choose to spend it where we do.

Slipping into an afternoon screening of the documentary, 3 Still Standing was a dream-stand-still of another time. San Francisco in the early 80s was the Mecca of stand-up comedy. Sure, New York and LA had their stars and bars and comedy clubs, launching careers of our comedy pearls, but the oyster was the City by the Bay. In 3 Still Standing, directors Robert Campos and Donna LoCicero follow three comics from back in the day and the realities of what happens when your dreams don’t come true. Or do they? Larry Bubbles Brown, Will Durst and Johnny Steele were some of the rising stars of the SF stand-up scene, but unlike their friends and peers, Dana Carvey, Paula Poundstone and Robin Williams (each of whom appear in the film), their arcs were not stratospheric. There is something lonely and tragic in the film. The characters are not to be pitied; each man takes responsibility for his choices, but the whims of fate can be cruel and when the work dries up the dream often goes with it. The beauty in this yarn lives in the integrity of the three comics who continue to pursue and perfect an art form in a world that holds no place for it. And stand-up is hard. It takes craft and guts, high intelligence and a musician’s ear to find and formulate the funny. Will Durst, Johnny Steele and Larry Bubbles Brown stand for something, reminding us that the dream is not always connected to fame and fulfillment; sometimes the dream is in the doing.

Now it’s off to the shorts and the Brazilians!

Photo courtesy of Leah Meyerhoff