{"id":18251,"date":"2021-06-22T09:33:31","date_gmt":"2021-06-22T16:33:31","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=18251"},"modified":"2021-06-22T09:33:31","modified_gmt":"2021-06-22T16:33:31","slug":"overnight-news-there-is-no-cold-water-in-coldwater-springs-just-steaming-hot-real-estate-deals","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18251\/overnight-news-there-is-no-cold-water-in-coldwater-springs-just-steaming-hot-real-estate-deals\/","title":{"rendered":"Overnight News: There is no cold water in Coldwater Springs \u2013 just steaming-hot real estate\u00a0deals."},"content":{"rendered":"

\"Ya

\u201cWhy will puppies try to eat almost anything? Because you never can tell, that\u2019s\u00a0why.\u201d<\/p><\/div>I work for investors world-wide, so I’m nobody’s “neighborhood specialist.” Even so, I’ve done 23 deals in Coldwater Springs \u2013 a golf-centric master-planned community in the near-southwest quadrant of The Valley of the Ever-Fecund Sun. Half of the properties we manage are in there.<\/p>\n

I was a skeptic, at first. I was bearish on everything south of the I-10 in Avondale \u2013 and that kind of “redlining” is not wrong for investors: Values will lag if there are already too many rentals in the area. This is nothing but economics, so it might be kinder to call it “greenlining.” Regardless, Coldwater Springs not only enriched the community, it has pulled up its entire corner of town.<\/p>\n

This is ongoing, first with better-heeled new subdivisions in competition nearby, then with commercial development along Van Buren Street and Avondale Boulevard, and now with a new freeway exit, a coming-soon fire station and easy access to the best charter school in the state.<\/p>\n

Coldwater Springs is a bet that continues to pay off. If you’d like to own a piece of it, I have an investor opportunity going on the MLS on Thursday. Occupied by wonderful tenants, under lease until 1\/31\/2022 and eager to renew, the house is the 1524sf Lavender floorplan \u2013 very popular, consistently punches above its weight \u2013 on a premium corner lot. I hate to lose the house and the tenants, but we’ll be in the neighborhood for another twenty years, at least.<\/p>\n

In other news:<\/em><\/strong><\/p>\n

CNBC:<\/strong> May existing home sales drop for a fourth straight month as affordability squeezes buyers out.<\/a><\/p>\n

The New York Post:<\/strong> Most big cities have become more racially segregated: study.<\/a><\/p>\n

Daniel Greenfield:<\/strong> The Small Secessions of the New Civil War: Neighborhoods secede from cities, cities from counties, and counties from states.<\/a><\/p>\n

Brad Polumbo:<\/strong> We Just Got Even More Proof that Stay-At-Home Orders Lethally Backfired.<\/a><\/p>\n

Joel Kotkin:<\/strong> The battle between the two Americas.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cWhy will puppies try to eat almost anything? Because you never can tell, that\u2019s\u00a0why.\u201dI work for investors world-wide, so I’m nobody’s “neighborhood specialist.” Even so, I’ve done 23 deals in Coldwater Springs \u2013 a golf-centric master-planned community in the near-southwest quadrant of The Valley of the Ever-Fecund Sun. Half of the properties we manage are […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,26,6,5],"tags":[],"class_list":{"0":"post-18251","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-lending","8":"category-marketing","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":17844,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17844\/overnight-news-has-the-worm-turned-on-inventory\/","url_meta":{"origin":18251,"position":0},"title":"Overnight News: Has the worm turned on\u00a0inventory?","author":"Greg Swann","date":"February 15, 2021","format":false,"excerpt":"I have an MLS search that is almost always open on my screen: \u201cColdwater Springs one story no pools no golf one month.\u201d My naming convention is obvious, and that one little search informs more than half of my world: The majority of the properties we manage fit that profile,\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17353,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17353\/dear-daniel-morillo-heres-why-opendoors-houses-sell-so-poorly-even-in-a-blistering-real-estate-market\/","url_meta":{"origin":18251,"position":1},"title":"Dear Daniel Morillo: Here\u2019s why #OpenDoor\u2019s houses sell so poorly \u2013 even in a blistering real estate\u00a0market.","author":"Greg Swann","date":"October 25, 2020","format":false,"excerpt":"Once upon a time in my young career, I used to think about sending little notes to flailing sellers, telling them why their houses weren't selling. Arguably, this would have been a violation of Article 15 of the NAR Code of (ahem) Ethics, but it would have been bad form\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/10\/109-clipped.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/10\/109-clipped.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/10\/109-clipped.jpg?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/10\/109-clipped.jpg?resize=700%2C400 2x"},"classes":[]},{"id":17400,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17400\/a-bloodhounds-fish-story-10k-over-list-15k-over-market-23-days-total-and-the-sellers-total-pre-market-outlay-was-257-50\/","url_meta":{"origin":18251,"position":2},"title":"A Bloodhound\u2019s fish story: $10k over list, $15k over market, 23 days total \u2013 and the seller\u2019s total pre-market outlay was\u00a0$257.50.","author":"Greg Swann","date":"October 29, 2020","format":false,"excerpt":"I live a charmed life, just now, and I know it. The resale market in the Valley of the Ever-Fecund Sun has been all my way for seven-ish years, culminating in our current simmering state of frenzy. The investors I work with bought and bought and bought when nobody was\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/10\/BragMonroe-480x360.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6189,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6189\/mariana-wagners-custom-real-estate-signs-are-slicker-than-a-colorado-springs-sidewalk-in-december\/","url_meta":{"origin":18251,"position":3},"title":"Mariana Wagner’s custom real estate signs are slicker than a Colorado Springs sidewalk in December","author":"Greg Swann","date":"December 20, 2008","format":false,"excerpt":"Look at these custom yard signs from Mariana Wagner's iTeam real estate brokerage in Colorado Springs, Colorado: Mariana reflects: \"Not exactly how yours is set up, as our wind and freezing temps make the hanging sign a disaster, but these rock. (We have installed a 1-800# on the bottom of\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9538,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9538\/pardon-me-sir-but-have-you-seen-the-special-on-grey-poupon-at-wal-mart\/","url_meta":{"origin":18251,"position":4},"title":"“Pardon me sir, but have you seen the special on Grey Poupon at Wal Mart?”","author":"John Rowles","date":"August 17, 2009","format":false,"excerpt":"UPDATE: Buy the T-Shirt at Cafe Press! Yep, that's a Rolls Royce Phantom (2008 MSRP $340,000) in the parking lot of the Newport RI Wal Mart captured with my phone on Saturday. The headline is my best shot at a caption (YouTube has the old Grey Poupon commercial). What's yours?","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"rolls_royce_phantom_wal_mar","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2009\/08\/rolls_royce_phantom_wal_mar.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1564,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1564\/the-real-risk-in-real-estate-flipping\/","url_meta":{"origin":18251,"position":5},"title":"The Real Risk in Real Estate Flipping","author":"Cooksquared","date":"June 22, 2007","format":false,"excerpt":"New investors rarely stop to address the subject of risk tolerance. People who have never done a single real estate deal see others making a lot of money in real estate and want to jump right in. They never stop to understand the true risks of real estate. Most investors\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=18251"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18251\/revisions"}],"predecessor-version":[{"id":18252,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18251\/revisions\/18252"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=18251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=18251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=18251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}