Tuesday, April 1, 2008

Boulder Outraged Over Proposed Size Limits



Dear Planning Board Members:

I am writing to express my concern with Agenda Item #5A on the April 3, 2008 Public Meeting: "Public hearing and recommendation to City Council on approaches to interim regulations that may provide additional limitations in single family zoning districts aimed to protect neighborhood character."

I am opposed to any interim regulations for a number of reasons. As an initial matter, I am concerned that this proposal has been placed on a fast track for approval with little to no input from the citizens of the City of Boulder. The economic impact of any interim regulations on Floor Area Ratio (FAR) is not addressed in any of the materials submitted for this agenda item. It is very difficult to find a home in Boulder and most affordable homes are in need of serious repair and upgrades. It is hard for me to understand why the City would consider this proposal at a time when the economy is not good.

I have lived in downtown Boulder for over 20 years. I purchased my home several years ago in order to be able to live close to work. My wife and I plan on raising a family in our home, but we will need to remodel the current 2 bedrooms and 1 small bath in order to do so. The current zoning and permit process is very expensive and limits what can be done. My property is zoned RMX-1 and I have spent a lot of time and effort figuring out what we can and can't afford to do. I am concerned that the FAR proposal will add considerable time and expense to our plans. If this proposal is passed, my wife and I may have to join the exodus to Louisville, Lafayette or Longmont in order to find a sufficient home to raise a family. That is counter to the City's expressed goals of encouraging families to live and work downtown and having children attend neighborhood schools. If you pass this ill-conceived FAR proposal it will impact many people economically and cause property values to decline.

My big question is WHY is this such an emergency? The City spent a considerable amount of money on a Community Survey in 2007 and released the results in January, 2008. The Survey results are available on the City's website. The Boulder Community Survey included several questions about "Pops and Scrapes" (the alleged basis for the emergent nature of this FAR proposal). The Survey concluded that: "[T]he expansion or replacement of existing homes with larger homes ("pops and scrapes") is an issue about which Boulderites are ambiguous." Report of Results (2008-01-02), p. 35. Interestingly, a substantial majority found that "pops and scrapes" were good for the community because they: update the housing; beautify neighborhoods and the community by replacing or renovating run-down housing; benefit the neighborhoods by increasing property values; are necessary to match the quality of the housing to the cost of the land on which the house sits; and benefit neighborhoods by increasing the variety in housing design. Report of Results (2008-01-02), p. 35, Figure 23. These results are also interesting because 52% of respondents were property owners in the City. Report of Results (2008-01-02), p. 73, Table 51.

I am asking that you NOT recommend any interim regulations that may provide additional limitations in single family zoning districts to the City Council. Please stop this rush to find a solution to a problem that has not even been identified with any clarity. There are some very serious concerns that most property owners have that are not, and have not been, addressed. The .35 FAR number appears to have been snatched out of the air. I could find no basis for how this was determined or why it should be used. Is it really appropriate to use a "one size fits all" approach? Why are you now trying to include additional zoning classifications when the issue was supposedly aimed at RL-1? At a minimum, before this goes any further, an economic impact statement should be ordered to determine what effect the FAR proposal will have on property values, mortgages, property taxes, the local economy and the business community (builders, suppliers, realtors, etc.). I hope that you are hearing from a lot of property owners on this issue. Everyone I have talked to is extremely upset with the proposal. Thank you for the opportunity to provide my input.

Sincerely,

Andrew and Kristin Macdonald
2003 Pine Street
Boulder, CO 80302

Monday, March 17, 2008

Showings Are Strong in Boulder for Condos Near Campus


I listed a 2 bedroom Boulder condominium last week in the Wimbledon complex at 30th and Colorado Avenue. The asking price is $182,900. I've had 7 showings in the first 4 days and a couple of the agents are coming back for 2nd showings. There are a few other similar condos on the market, but they are not nearly as nice as this one. Start with the granite countertops and stainless steel sinks in the kitchen and upstairs bathroom. This unit has 2 bedrooms on the 2nd floor with a full bathroom and a 1/2 bath on the main. This is another example of the Boulder real estate market behaving just the opposite of most markets nationally. Don't believe everything you hear from the media. MLS #162190 Listed by Gregg Ashburn of RE/MAX of Boulder, Inc. 303-875-4907 See this listing here!

Friday, March 14, 2008

How About A Mountain Condo - Here's One In Keystone Colorado

Enjoy the beautiful views from your 1281 square foot condo. Located on the shuttle route to Keystone Ski area. Indoor heated pool, sauna and hot tub. Hi-speed internet. Located near the golf course and cross-country ski trails. Enjoy the wood burning fireplace while taking in the awesome mountain views. For more information contact Gregg Ashburn RE/MAX Realtor, Boulder Co.

· View of the Mountains
· View of the Golf Course
· Indoor pool, hot tub, sauna
· Located next to clubhouse
· Two master bedrooms


21640 Hwy 6, Unit 2136Keystone, CO 80435
MLS# S359612
Price $405,000

Wednesday, March 12, 2008

RE/MAX of Boulder Named #1 in the United States

This is unbelievable. My office, RE/MAX of Boulder, was the Top Office in Total Sales Volume in the United States. Re/MAX of Boulder has dominated the local real estate market for years and has been recognized by RE/MAX International for Excellence in the Rocky Mountain Region. Now we are number one in the US. Wow! This says a lot about the quality of agents in our office and the ownership and managing broker. Tom Kalinski is the owner of RE/MAX of Boulder, Inc. and D.B. Wilson is our managing Broker. Need a real estate consultant in the Boulder area. Please call anytime - Gregg Ashburn 303-875-4907 Realtor RE/MAX of Boulder, Inc.

Monday, March 3, 2008

Colorado Foreclosure Laws and Websites Promoting Foreclosure Information


It’s a little tough to explain in an e-mail how the foreclosure laws, deadlines and bank owned homes are listed. For the most part a home that is going to be foreclosed on by the bank is listed in the MLS prior to public auction. After the bank takes back the property the bank then lists it with a Realtor for sale. We should see everything in the MLS prior to the foreclosure or just after. The foreclosure rules/laws changed in 2008. There is no longer a redemption period after foreclosure. People used to be able to sell their home after foreclosure and payoff the bank. No more. This makes “Realty Trac “ irrelevant in Colorado. That’s where you are seeing these homes. They used to be somewhat useful before the new laws. They have always had out of date information. Realty Trac entices people with these addresses and prices so they subscribe to their lists. (rip off)

It never hurts to look everywhere we can for homes. If you see something interesting send it to me and I can look into it. Gregg Ashburn - Realtor @ RE/MAX of Boulder, Inc. 303.875.4907