I continue to hear that Colorado has a huge shortage of housing, at the same time Colorado just reached a milestone where current inventory handily surpassed prepandemic levels. What do the 6 states have in common with the biggest increases in inventory? What does...
Denver has finally released their sidewalk fee schedule that voters had approved two years ago. The new fee schedule will have huge consequences for property owners around Denver with some getting new fees of 2400+/ year. What is the sidewalk fee? How is this...
Having lived and worked in the Colorado mountains for almost 25 years I have witnessed first hand the radical transformation that has occurred in every single ski town. How have ski town demographics changed? Is the moose a harbinger for big changes in each mountain...
It is crazy to think that every major ski town in Colorado has made the same major mistake and that nobody has noticed until or done anything until now. What caused every ski town to duplicate the same mistake? What does this mean for property owners? When...
No doubt the presidential election was the most talked about in history, but the huge changes in Colorado are even more profound and will have major impacts on your daily life and wallet. What initiatives do you need to know about that will impact your wallet and...
Zillow analyzed appreciation over the last 4 years (basically the pandemic real estate gold rush) to see the cumulative appreciation. Which markets performed the best and which ones the worst in Colorado and even more importantly why? Why are some markets hotter...
The recent tourism data shows visitors spent over 28 billion dollars visiting Colorado. At the same time more business are packing up shop and heading for greener pastures. Why the diverging fates for tourism and businesses. Is the trend of increasing tourism and...
Wow, it seems Colorado real estate has turned on a dime. Even with interest rates coming down inventory is increasing throughout the country. What does this mean for Colorado real estate? When I zoom into some of Colorado’s biggest cities, there is one other trend...
There is a new proposal by the Denver city council to prohibit the construction of gas stations. The new bill puts forth several proposals that would make it increasingly difficult if not impossible to build new gas stations in Denver County. Ironically it will...
The most recent data in Crested Butte tells an interesting story. Single family homes continued to increase in value while town home median prices have decreased 13%. What is happening in Crested Butte and other mountain towns causing property declines? Why are...
Voters in Steamboat Springs, Aspen, Dillon, Glenwood Springs, Carbondale, and Summit County will all decide whether to impose additional taxes, with at least part of those funds in each municipality going to support affordable housing. What are the new short term...
A lot happened last legislative session and I totally missed a recent law that could have huge impacts on property owners. A new Colorado law that went into effect in May allows fire districts to levy “impact fees” on any property without a vote. What does this mean...
Over the last 5 years Vail resorts stock has lost - 23% substantially below the S&P which means Vail has underperformed the market by almost 40%. Why the sudden drop in Vail resorts stock? What does this drop mean for Colorado ski real estate? Is the ski party...
Will Colorado property owners actually see real property tax relief? Property owners are fed up with the run away increases in Colorado property taxes and yet the legislature has done very little. The governor and legislature blinked from the threat at the ballot...
I was surprised to see the news that Eldora, in Boulder County, is up for sale. What caused the sale of Eldora. What does this mean for real estate in Nederland, CO? Who will buy Eldora and what does this mean long term for the area? A Brief History of Eldora ski...
Through a rule making process, the federal government is on the verge of reclassifying marijuana to schedule three, similar to ketamine as opposed to its current classification where it is grouped with Heroin. What does this mean for Colorado’s recreational marijuana...
It is amazing since the pandemic it seems everyone has had way too much time to watch YouTube and Instagram and are now experts on everything including Colorado ski real estate. Unfortunately ski real estate is not that simple. Look at the picture above, can you...
On the November ballot a special interest group just got approval for an initiative that targets one particular business that has been operating legally in Denver for over 70 years and has an economic impact of 382 million a year and employees over 600 people. ...
10 years ago, nightly rentals were a novel concept, fast forward to 2024 and the number of nightly rentals has surged over 40% in the last 5 years. What does this huge increase in nightly rentals mean for real estate values? Has the real estate market gotten...
With little real progress on property tax relief by the legislature (above is the legislative fix), there is an initiative now on the November ballot to radically alter how property taxes work in Colorado. The new initiative would cap property taxes with a...
With three wildfires burning in the front range as I write this and thousands evacuated, it is crucial to know the number one mistake that is made in a wildfire disaster. Do you know what the significance of the picture of the government facility above? Being a...
A federal judge had effectively frozen a legal battle over Summit County’s short-term rental regulations — at least temporarily — after county officials filed a motion to dismiss a lawsuit brought by area homeowners. One of the claims of homeowners is that the new...
Almost every mountain town continues to appreciate or stay at historic highs, but two Colorado mountain towns are bucking the trend. What is happening in Silverthorne and Granby? Why are these two towns underperforming not only mountain towns but others throughout...
Every time I open the news, I’m amazed at what is happening in the Colorado legislature. As a rental property owner, I cringe as it is becoming next to impossible to cost effectively operate a rental property. The new law is titled “safe housing”. Who doesn’t want...
