Front page cover article in Daily Camera’s At Home section, published on July 27, 2017
By Darren Thornberry
Photos by Timothy Seibert
RE/MAX of Boulder is celebrating 41 years of Boulder County real estate by embracing its community. With more than 100 Realtors who live, work, and raise their kids here and average 15 years of experience, RE/MAX of Boulder agents and staff know their neighbors and their communities. Since 1977, the company has helped 50,000 families with the biggest investment of their lives and has even worked with multiple generations of families in Boulder County. RE/MAX of Boulder is proud of and grateful for every one of those opportunities, so it’s not surprising that they are sending a huge thank you to the community by sponsoring two summer concert series that are free to the public: Bands on the Bricks in Downtown Boulder and the Louisville Downtown Street Faire. Thousands of visitors enjoy both of these events that also help support local businesses located in downtown Boulder and downtown Louisville, showcasing the areas as thriving city hubs.
“We are so proud and fortunate to be a part of this community,” says RE/MAX of Boulder Managing Broker Todd Gullette. “In 1977, our office was the third RE/MAX office in the world to open its doors. Back then, virtually no one had heard of the RE/MAX brand. We were a mom and pop shop with big roots to the area. In our hearts, we are still that same small business with a great deal of appreciation for the everyone who lives in Boulder County. We believe this philosophy is what has helped us serve the community so well.”
Bands on the Bricks is well known as Boulder County’s best summer concert series with 10 weeks of fantastic free concerts, and RE/MAX of Boulder is proud to be this year’s presenting sponsor.
Bands on the Bricks is well known as Boulder County’s best summer concert series with 10 weeks of fantastic free concerts, and RE/MAX of Boulder is once again sponsoring the event. Wednesdays from June 6 to Aug. 22, on the well-trodden bricks of Pearl Street, the outdoor beer, wine and margarita garden opens at 5:30 p.m. with opening acts at 6 p.m. and the headliners at 7 p.m. This summer’s talent has been amazing, and there are still three concerts left: Aug. 1 with opening act Lauren Joy and headliner The Country Music Project, Aug. 8 with opening act Hunter Stone and headliner That Eighties Band and Aug. 22 with band to be announced. So head down to Bands on the Bricks and dance the night away!
Anna Salim, VP Events & Membership, Downtown Boulder Partnership, says, “Bands on the Bricks brings the Boulder community together each week during the summer. Locals and visitors of all ages have the chance to enjoy our beautiful downtown – the vibe is happy and inviting and that’s what the world needs more of right now. We couldn’t bring in the talented musicians and produce Bands on the Bricks without RE/MAX of Boulder, who has been an amazing presenting sponsor over the last several years. Their commitment to the downtown community and Boulder is strong and we are very grateful for their support!”
As presenting sponsor for the past six years, RE/MAX of Boulder has also invited nonprofit organizations to set up booths at Band on the Bricks. Owner and Founder Tom Kalinski notes, “We have outstanding nonprofit partners that are making a crucial difference in the lives of residents who are struggling in Boulder County. It’s important that we help support these organizations to maximize their impact.”
Susan Finesilver from Community Food Share says, “Thanks to RE/MAX of Boulder for the booth at Bands on the Bricks. We appreciated being there, and we had some great conversations with new and old friends, donors, and volunteers. We appreciate RE/MAX of Boulder’s generous support of the community!”
And Children’s Hospital Colorado Foundation’s Kacie Thomas says, “RE/MAX of Boulder has been an amazing advocate for Children’s Miracle Network and Children’s Hospital Colorado. Not only have they ranked “Miracle” status by fundraising in their office and through their agents, they have also gone above and beyond by donating a booth to Children’s Hospital Colorado at their annual Bands on the Bricks event. They have even reached out to other national Children’s Miracle Network partners to share the booth because they truly understand that the fundraising is going to a greater cause helping the kids at Children’s Hospital Colorado.”
RE/MAX of Boulder is also sponsoring the Louisville Downtown Street Faire with phenomenal live music, local vendors, and children’s activities.
East Boulder County has its own incredible summer concert series, too, in the Louisville Downtown Street Faire. Over eight Friday evenings from June 8 to Aug. 10, downtown Louisville becomes the hottest concert destination around. As the Louisville marketing folks put it, “Babies don’t cry, dogs don’t bark, and wise elders feel nineteen again” with the crowds dancing and enjoying phenomenal live music.
The Street Faire is held at the Steinbaugh Pavilion, 824 Front Street. It runs from 5 to 9:30 p.m. with music from 6:30 to 9(ish) – rain or shine. Happy Hour drink prices are in effect from 5 to 6 p.m. Expect incredible local food, cold drinks, lots of children’s activities, quality arts and crafts, local vendors, and, because of sponsors like RE/MAX of Boulder, it’s free to the public. Tonight, go downtown to catch The Young Dubliners and on Aug. 10, take in one last summer groove with Lee Fields & The Expressions.
RE/MAX of Boulder has a booth at the Street Faire, where their Realtors get a chance to chat with families and attendees.
RE/MAX of Boulder’s Realtors Andrea Farinacci (left) and Shelley Chittivej (right) with staff member Christopher Thompson (middle) chatting with families and attendees at the booth.
In addition, the company has created a dedicated website to help keep local residents informed about our community and ongoing philanthropic opportunities. Bouldersource.com is RE/MAX of Boulder’s online community hub for news and events showcasing behind-the-scenes stories about Boulder’s people, nonprofits and businesses. RE/MAX of Boulder also keeps the community updated about the latest market statistics and hot topics in real estate news on boulderco.com and on RE/MAX of Boulder’s Twitter, Facebook and Instagram pages.
Over the years, RE/MAX of Boulder has been the recipient of many people’s choice awards across Boulder County. This year, RE/MAX of Boulder was voted by the community as Best Real Estate Group in the Boulder Weekly and Best Real Estate Company in the Colorado Daily.
RE/MAX of Boulder Broker/Owner Jay Kalinski says, “The community in Boulder County has been so amazing and supportive. Our heartfelt thanks for your confidence and trust in us.”
A RE/MAX of Boulder Realtor would be thrilled to talk with you about your real estate needs or any questions you have about our communities in Boulder County. Simply call 303.449.7000, drop by their two convenient Boulder locations at 2425 Canyon Blvd. or 1320 Pearl St., or go online to boulderco.com.
Originally Posted by RE/MAX of Boulder on Friday, July 27th, 2018 at 9:26am.
Boulder County excels at attracting talented and skilled workers. But change is in the air, says futurist Josh Davies, CEO at The Center for Work Ethic Development and keynote speaker at the recent Boulder Economic Summit 2018: The Workforce of the Future.
Statistics presented by futurist Davies suggest that if the last decade rocked with rapid change on the job-front, hang on to your Smartphone – the future promises to be a rocket-ride.
And, the future starts now.
Today, Boulder County employers are going head-to-head with the rest of the world. Local businesses compete globally for highly skilled workers integral to business success, yet these workers are too few in number to fill the demand. If corrective steps aren’t taken, the worker shortage will continue and potentially worsen, predict speakers at the Summit. Success is critical, since Boulder County’s thriving economy, vitality and quality of life depends on local businesses continuing to engage world-class, highly skilled people.
Hosted by the Boulder Economic Council (BEC) and the Boulder Chamber at CU-Boulder, the Boulder Economic Summit brought experts and hundreds of community leaders together to evaluate Boulder’s competitiveness in the global demand for talent. In breakout sessions and roundtable discussions, the group explored how education and workforce development must evolve to keep up with the impacts of automation, immigration, globalization and other forces affecting future jobs.
There Will Be Robots. Lots of Robots.
People, get ready. Futurist Davies says the robots are coming and in more ways than ever expected.
The growth will be explosive: 1.7 new industrial robots will be in use by 2020, with robots performing tasks in homes and offices – not just in manufacturing, says Davies.
In his talk, 2030: The Workplace Revolution, Davies highlighted how technology will change our jobs in the coming decade and the pressing need for skill development and preparation.
With advances in technology and creative disruption in industries, employment has shifted, explains Davies, adding that 85 percent of jobs in 2030 haven’t been created yet. By then, computers will function at the speed of the human brain. He warns that increased automation and artificial intelligence will significantly alter employment needs and businesses should be prepared.
Low-skilled and entry-level and other jobs that perform repetitive tasks will no longer be available to human workers – computers and robots will fill that need. While companies do not like to replace people with robots, if robots cost 15-20 percent less, humans will lose out.
Davies predicts retail jobs will be replaced by robots at a very high rate, even though it is the leading profession in most states. Sixteen million retail workers will need to be retrained for new jobs.
His strategies for the future are to recognize that whether tasks are cognitive or non-cognitive, repetitive tasks can be automated. To succeed, workers need to develop non-cognitive skills: problem-solving, critical thinking and empathy.
Acquiring New Skills Critical to Success
Andi Rugg, executive director of Skillful Colorado, says one-third of the American workforce will need new skills to find work by 2030.
In her talk, Understanding the Skills Gap, Rugg emphasizes that training and retraining are the path to success, not only for the coming decade, but for today. There are 6.3 million unfilled jobs in the U.S. today because there’s currently not enough talent to bridge the gap between employer requirements and the workforce.
Rugg stresses that hiring needs to become skills-based, since we are in a skills-based economy. Her statistics are hard hitting:
- Jobs requiring college degrees exceed the number of workers who have them.
- Seventy percent of job ads for administrative assistants ask for a college degree, but only 20 percent of administrative assistants have a college degree.
- Only 3 in 10 adults in the U.S. have a bachelor’s degree – demand for bachelor’s degree is outstripping supply of workers who have them.
- Only 35 percent of Boulder County’s skilled workers have a degree and Colorado ranks No. 48in the nation for the number of people of color with a degree.
- Employers need to be more agile in hiring and realize that skills can bridge the gap.
- Employers need to focus on skills to address inequities in the labor market.
- Employers should also offer upskilling and lifelong learning for employees.
- Skills-matching improves employee retention and engagement as well as reduces the time to hire and ultimately reduces turnover costs for the employer.
Housing and Transportation Keys to the Solution
In a roundtable discussion led by RE/MAX of Boulder Broker/Owner Jay Kalinski, the team tackled one of Boulder County’s looming challenges in attracting workers to Boulder County – affordable housing and transportation options that enable commuting. The group developed possible solutions to ease transportation and affordable housing issues.
Photo caption for photo above: Jay Kalinski, RE/MAX of Boulder Broker/Owner (left} leads a roundtable discussion to develop transportation and affordable housing solutions.
Learn more about the discussion in Jay Kalinski’s article in BizWest, “Where will Boulder’s workforce of the future live?” at: https://bizwest.com/2018/06/01/where-will-boulders-workforce-of-the-future-live/?member=guest
In breakout sessions and the closing plenary, discussions revolved around ways the community can address workforce and economic development by bringing together private sector businesses and industry with educational institutions and organizations, government, and nonprofits in collaboration.
Through this joint effort, our community can prepare students with the workforce skills needed in the future that cannot be automated; develop business-relevant class content; roll out real-life technical projects in classrooms; re-train workers; and offer apprenticeships, internships, and work-based learning alongside education or as standalone, all of which can help workers gain skills.
Learn more by reading the Boulder Economic Council and Boulder Chamber’s recently published “Boulder Innovation Venture Report” at: https://bouldereconomiccouncil.org/whats_new_with_the_bec/boulder-innovation-venture-report/
Denver International Airport ranked No. 1 in the U.S, reports international air transport researchers at Skytrax in the 2018 annual airport awards.
In a separate Skytrax ranking of regional airports by continent, Denver is the No. 1 airport in North America and No. 5 regional airport in the world.
More than 13 million international air travelers around the world surveyed for the awards voted Singapore Changi the top airport in the world for the third year in a row. Denver – ranking 29th in the world – claimed the top ranking spot for U.S. airports. Denver is followed by No. 34 Cincinnati, No. 48 Houston International, and Nos. 50 and 51 Atlanta and San Francisco, respectively.
Travelers were surveyed from August 2017 to February 2018, covering 550 airports worldwide and evaluating traveler experiences including check-in, arrivals, transfers, shopping, security, and immigration through to departure at the gate.
But that’s not all. In a separate airport satisfaction survey conducted by J.D. Power Ratings in 2017, DIA pulled a score of 763 out of 1,000, ranking fourth. Orlando International Airport ranks highest in satisfaction among mega airports, with a score of 778. Detroit Metropolitan Wayne County Airport (767) ranks second, and McCarran International Airport and Phoenix Sky Harbor International Airport (765) tied for third.
The survey found overall passenger satisfaction with North American airports has reached an all-time high.
“Capacity has become a huge challenge for North American airports, with many reporting 100% of available parking spots being filled and large airports, such as Orlando International, setting passenger volume records each month for more than three years straight,” said Michael Taylor, Travel Practice Lead at J.D. Power. “Despite these difficulties, airports are responding with new technology and old-fashioned personal skills to win over harried travelers. These range from smartphone apps that tell travelers where to find a parking spot to therapy dogs—and in one case, a therapy pig—mingling with travelers to relieve stress and improve the overall airport experience.”
Nearly every U.S. airport – faced with high passenger capacity and ongoing construction projects to address increased demand – is using technology to help address these issues. Sacramento International Airport developed a smartphone app that tells travelers where to find a parking spot, and airports nationwide have invested heavily in improving phone-charging stations and internet access in their terminals.
The J.D. Powers study, now in its 12th year, measures overall traveler satisfaction by examining six factors: terminal facilities; airport accessibility; security check; baggage claim; check-in/baggage check; food, beverage and retail. It is based on responses from 34,695 North American travelers who traveled through at least one domestic airport with both departure and arrival experiences during the past three months.
For more on the Skytrax Awards see: http://www.worldairportawards.com/Awards/world_airport_rating.html and http://www.worldairportawards.com/Awards/worlds_best_regional_airports.html
For the full J.D. Power ratings see: http://www.jdpower.com/press-releases/jd-power-2017-north-america-airport-satisfaction-study
Posted by Tom Kalinski Founder RE/MAX of Boulder on Monday, May 14th, 2018 at 2:49pm.
With Boulder’s walking, biking and hiking trails, it’s no surprise the city made the SmartAsset top 10 list of places for physical fitness.
But here’s what is surprising: as fitness and healthy-eating oriented as Boulder’s culture is, the city ranked only No. 10 on SmartAsset’s fourth annual study of the most fitness-friendly places in America.
According to the study, nine other cities are more fitness-friendly than this biking-hiking-running-skiing-walking-climbing loving town.
SmartAsset describes fitness-friendly cities as those that tend to be walkable, offer few fast food eateries and plenty of healthier eating restaurants, and present plenty of places to workout in. Having ample workout facilities overcomes crowded or far away gyms that can deter people from exercising regularly.
Boulder scores in the top 15 for the percent of residents who walk or bike to work and the number of fitness professionals per 10,000 residents. In fact, Boulder has a top 25 score in the number of fitness businesses. However, the cost of getting fitness help from a professional lowered Boulder’s overall score. The city ranks 337 out of 340 for the affordability of professional fitness help.
In No.1-ranked Missoula, Montana, residents walk or bike to work at a rate of around one in 11. The city’s transportation design makes walking or biking not only possible, but enjoyable.
With two Iowa cities in the top 10 – No. 3 Iowa City and No. 9 Ames – it’s clear that Iowans are doing a lot right when it comes to fitness. Around 11 percent of Iowa City residents walk or bike to work – the fifth-highest rate in the study, according to SmartAsset.
The top 10 cities are:
- Missoula, Montana
- La Crosse-Onalaska, Wisconsin-Minnesota
- Iowa City, Iowa
- Ocean City, New Jersey
- Bend-Redmond, Oregon
- Napa, California
- State College, Pennsylvania
- Harrisonburg, Virginia
- Ames, Iowa
- Boulder, Colorado
Data for 340 metros was analyzed by SmartAsset to determine America’s most fitness-friendly cities. Metrics include the percent of those who walk or bike to work, number of fitness jobs, cost of hiring a personal fitness instructor, number of fitness establishments and prevalence of fast food restaurants. The final factor – fast food eateries – is calculated as a negative.
Get all the details on each city at https://smartasset.com/mortgage/fitness-friendly-places-2018
Posted by Tom Kalinski Founder RE/MAX of Boulder on Friday, April 20th, 2018 at 10:40am.
Early in 2018 the real estate outlook for Boulder County looks strong, even while sailing into the same headwinds that prevailed last year: low inventory and rising prices.
But this year promises additional gusts in the form of rising interest rates.
“None of the fundamentals in the market have changed, except a small rise in interest rates and the anticipation of additional increases,” says Ken Hotard, senior vice president of public affairs for the Boulder Area Realtor® Association.
“January data shows year over year single-family home sales are about the same as last year, and condos and townhomes are up significantly.”
Single-family home sales for Boulder County are down a single unit or .05 percent with 220 units sold in January 2018 compared with 221 in January 2017. Month-over-month, January sales dropped 39 percent for the first month of 2018 compared to December’s 363 units sold.
In condominium/townhomes, 88 units sold in January 2018, a 44.3 percent improvement compared with 61 units sold a year ago, but a 26.7 percent drop compared with the 120 units sold in December.
“December finished strong and the totals for 2017 pushed over and above 2016 slightly, which makes having a strong January challenging,” says Hotard.
Inventory continued its persistent decline. Single-family homes for sale in the Boulder-area declined 1.3 percent in January 2018 compared to December 2017 – 550 units vs. 557.
Meanwhile, condominium and townhome inventory improved 8.3 percent in January compared to December – 130 units versus 120.
Hotard notes that rising mortgage rates is a new factor for real estate markets that have seen a long run of low interest rates. He says the question is whether rising rates, while still historically low, will have a dampening effect on pricing or sales.
“Affordability is already an issue in Boulder, Louisville and Niwot. If interest rates go up people may have greater difficulty affording higher priced homes,” he adds. For 2017, Boulder’s median sales price came in over $800,000, Niwot’s roughly $750,000 and Louisville’s nearing $575,000.
With minimal data to consider this early in the year, Hotard is reluctant to predict this year’s market.
“For now, the data is over a small number of sales, so it’s difficult to identify trends. But this market has been strong for years and it is likely to continue to be strong.”
Posted by Tom Kalinski Founder RE/MAX of Boulder on Monday, March 5th, 2018 at 9:37am.
Good times in Boulder County and in Colorado will continue said local economic experts at the recent Boulder Economic Forecast. But they caution that 2018 may not reach the heights of 2017, and the difficulties could impact us well beyond next year.
Organized by the Boulder Chamber and the Boulder Economic Council, the 11th annual Boulder Economic Forecast was held on January 17 at the new Embassy Suites Hotel, and RE/MAX of Boulder was among the event’s sponsors.
“By almost every economic indicator we measure, 2017 was an historic year,” says Executive Director of the Boulder Economic Council Clif Harald in his opening remarks.
Statistics show a superlative year. Colorado ranked third in the country for the pace of GDP growth, while unemployment dropped to 2.5 percent, the second-lowest rate nationally. The state’s labor force soared with the fastest growth rate in the U.S., according to speaker Rich Wobbekind, Executive Director, Business Research Division, Leeds School of Business, CU-Boulder.
But, Harald noted that 2017 presented challenges, too. And, these challenges could escalate in the coming years.
He pointed to constraints for Boulder’s economy, including a shortage of labor and resources and high housing costs that cause long commutes for many Boulder County workers.
In his keynote address, Wobbekind called the labor shortage the area’s “biggest short-term challenge.”
While job growth in Boulder County continued in 2017, the pace slowed from the peak of 2014-15.
“Almost every industry sector reported lack of available labor or properly trained labor. This doesn’t go away,” Wobbekind says.
And chief among the factors impacting Boulder County: age.
Colorado State Demographer Elizabeth Garner says residents 65-and-older will represent 20 percent of residents by 2030. The 65+ group will be 77 percent larger than it was in 2015.
“We are aging fast,” says Garner, noting that the age wave will overtake the entire state.
Garner explains that demographics – and the age wave beginning to sweep the state – are an economic issue. As people retire, aging results in a labor shortage. When people choose to age in place, housing stock for people moving in or moving up is negatively impacted. Aging also impacts healthcare and public financing issues.
At the same time, those migrating here are typically ages 20-27 and never married. Total household income is below $50,000 for 80 percent; 65 percent earn less than $24,000. People move to Colorado for the jobs. But, Garner cautions, the biggest increase in jobs are those that are low- to medium- wage, while the cost of living is relatively high.
The highest income and spending group – 45- to 65- year-olds – is the smallest demographic in the state and in Boulder County. It also has the slowest growth rate and the numbers are declining.
In addition, diversity will increase as the Hispanic population is projected to grow from the current 20 percent to 30 percent by 2040.
Among the challenges and issues facing Boulder County and the state, Garner listed:
– Aging with its far reaching impact across the economy, housing, labor supply and healthcare. As the workforce ages and retires, Colorado could experience a natural decline;
-Disparate growth across the state with Colorado’s economy flourishing along the Front Range and 1-25 corridor, but far fewer gains in the rest of the state and rural areas;
-Attracting the best and brightest to Colorado;
-Population growing at slower rate, with a total population growth from 2015-2050 reaching 2.5 million along Front Range and 1.5 million in Denver;
Garner says Colorado’s population has increased by 578,000 since 2010, making it the eighth highest state in the U.S. for total growth.
Boulder County’s growth rate is the second lowest statewide. The population in-migration peaked in the 1990s. Garner notes that students move to Boulder for college, leave after graduation, then return, and then leave again. One key reason: As a young adult it’s hard to live, buy, and rent in Boulder.
Now, fewer young families live in Boulder, and the tide has shifted toward a higher number of deaths than births.
But the dynamics of Boulder County’s economy are strong, outperforming state and national economies in job growth and educational attainment.
Boulder County, though, has well-supported economic vitality, fueled by high concentrations of companies and employment in aerospace, biotechnology, cleantech, and information, according to Wobbekind.
The area’s high quality of life and business, and cultural and outdoor attractions appeal to a highly educated workforce and visionary entrepreneurs.
Incomes are above average. The median household income for Boulder County residents was $74,615 in 2016 compared to $65,685 for Colorado residents, according to data from the U.S. Census Bureau.
But Garner cautions that Colorado’s housing affordability is a big concern. The disparity between median home value and median income is the second-highest in the U.S., which fuels the labor shortage and decreases the ability for young families to live here.
For more information, see Boulder Economic Forecast presentations at:
See Leeds School of Business, CU-Boulder’s Economic report at: https://www.colorado.edu/business/sites/default/files/attached-files/2018_colorado_business_economic_outlook.pdf