Whole Foods & Trader Joe's Boost Real Estate

According to a Zillow study, the average price of homes nationwide within 1 mile of a Whole Foods or Trader Joe's increased 144% between 1997 and 2014 compared to a national average of a 70% increase in home value between 1997 and 2014. The average price in Boulder increased 191% between 1997 and 2014 while the average price of homes within 1 mile of Whole Foods and Trader Joe's (28th and Pearl) increased 234%.

The article by Zillow concludes by pondering whether both chains are either incredibly smart about finding neighborhoods on the verge of gentrifying or whether  the opening of either location positively impacts home values. I would say that both Whole Foods and Trader Joe's are smart about finding neighborhoods on the verge of gentrifying. After all, who would have guessed years ago that the area around the old Crossroads Mall would be considered the hip and central location it is today? Read the full article.

I hope you and your family are enjoying the final days before school starts. Please don't hesitate to contact me if I can help you, a family member or a friend with any real estate needs, even if they just want to ask a question. - Rich

Intercambio: An Outstanding Organization

Boulder County hosts many terrific non-profit organizations that make our community and the world a better place. One of my favorites is Intercambio, an innovative and extremely effective organization that helps newcomers from all over the world acquire English skills. Good things to know: 

• Vision & Mission.  Intercambio envisions communities where all people communicate, connect and succeed. Their mission is to improve immigrant lives through English education, and unite communities across cultures.

• History.  Founded in 2000, Intercambio offers low-cost, volunteer-taught English classes and interactive workshops. To date, Intercambio has helped more than 10,000 adult students study English! 

• Volunteer.  Intercambio is always looking for volunteers to help teach English and other cultural skills. Learn more about these rewarding opportunities at Intercambio.org. 

Boulder Valley Real Estate Conference

Join me and other local real estate experts for the annual Boulder Valley Real Estate Conference, covering the real estate landscape in the Boulder Valley.

Expert panels, development officials from Boulder and Broomfield counties, and real estate junkies will consider the significant developments in our community. If you would like to attend, just let me know.  

Tuesday, November 14 8:30 a.m. - 4 p.m. (come and go as you like) CU Stadium Club, Boulder