Colorado Hard Money Blog

Low snow year impact on Colorado ski real estate

Low snow year impact on Colorado ski real estate

Colorado is having a tough year.  Snowfall was down nearly 60% over the holidays, resulting in only about 11% of skiable terrain being opened in December and skier visits are down 20%.  Vail resorts, the largest ski operator, is getting hit hard as seen in the stock...

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Weinberg Featured in Denver Post

Weinberg Featured in Denver Post

In case you missed it, yours truly, was featured in a recent Denver Post Article: Coloradans carry heavy debt loads, and it isn’t financially healthy.  What do increased debt burdens mean for real estate prices in Colorado?  Does the debt burden preclude a 2008...

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Denver inventory surges and yet prices rise

Denver inventory surges and yet prices rise

Look at May statistics for Denver.  With the surge in inventory I would have expected a sharp drop in prices, yet median and average sales price have barely budged.  Now look at the chart below, what do you notice?  Why are prices increasing even with an increase in...

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How can Colorado reduce insurance costs?

How can Colorado reduce insurance costs?

        Last week I asked all of you How can the state of Colorado help reduce insurance costs?  The real estate pros have spoken and as you can see from the chart above, the most selected response is that  the state of Colorado needs to stay out...

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Colorado eliminates private property insurance

Colorado eliminates private property insurance

  After the Marshall fire, the state of Colorado embarked on a process to eliminate private property insurance.  The first step the legislature took was to implement a study of why clean up from wildfires was inadequate and why insurance companies should be on...

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Pot reclassified, what does this mean for Colorado

Pot reclassified, what does this mean for Colorado

With the stroke of a pen, President Trump has radically altered federal law in regard to Cannabis.  The big news is that Marijuana is no longer in the same classification as heroin.  What does this mean for Colorado’s Cannabis industry?  How will this impact Colorado...

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Breckenridge plummets 17%

Breckenridge plummets 17%

The figure sounds ominous that Breckenridge summer bookings are down 17%.  Is the sky falling in Breckenridge with visitation?  At the same time bookings dropped nightly rates actually increased.  How is this possible?  Are the new nightly rental regulations to blame...

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Top 10 mountain towns in total free fall

Top 10 mountain towns in total free fall

Have you seen the viral video about Colorado ski real estate where it predicts “entire communities evaporating and the seemingly perfect town that has seen its median home price slashed by over 30% in just 6 months”. How real are these  bold predictions?  Hint, look...

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Are Colorado ski towns running a Pyramid scheme?

Are Colorado ski towns running a Pyramid scheme?

Colorado ski towns are promising high returns from tourism to fund just about everything from roads to affordable housing and everything in between.  The theory is that increasing tourism will essentially solve every budget desire in each ski town.  What does this...

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Are politics leading to lower Denver house prices?

Are politics leading to lower Denver house prices?

Can Denver’s fall in housing prices off its peak be contributed to politics?  How does Denver stack up to other cities with different politics?  Are Denver’s current woes a blip or a trend?  Where do prices head from here?  Take a look at the chart above, what is...

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