A federal trial in Pueblo could have far-reaching effects on the marijuana industry both in Colorado and throughout the country if a jury sides with a couple who says having a cannabis business as a neighbor hurts their property's value. Should you believe the hype? ...
No, this is not the beginning of a bar joke and no you do not need to drink before answering! Both Corona and Coca-Cola will drastically alter commercial real estate throughout Colorado. Constellation brands (owner of Corona and various other spirits) announced a...
Amendment 74, which will be on the November ballot, would require state and local governments to compensate private property owners when laws or regulations reduce the “fair market value” of their private property. On the surface, it seems straightforward, but the...
It’s snow time! As I’m looking out the window watching snow fall and just read the announcement that Wolf Creek, Arapaho Basin, and Loveland will start spinning their lifts this week, it reminds me of the importance of winter weather on real estate. In markets like...
Sales of homes worth 1 million or more fell 44.4% between August and September and sales of homes over $500,000 dropped 33 percent during the same period. Overall sales in September of 2018 are down 21.4% from September 2017 (Denver Metro Association of Realtors). ...
According to AirDNA 50% of all nightly rentals in Denver are currently unlicensed and not paying the appropriate taxes. Denver implemented various rules to try to crack down on nightly rentals requiring all nightly rentals to be a primary residence. It doesn’t...
The state legislature is considering a bill that would tax residential nightly rentals (any rentals less than 30 days) as commercial properties. This would change the tax assessment on a statewide level. On the surface it doesn’t seem like a big deal, but commercial...
As ski season is about to start again in under a month (Arapahoe 10/13). I took the pic above of Loveland pass a few weeks ago. It is important to note what happened in Colorado last year; Llast winter ski visits in Aspen skiing co were down 7% through last December...
The Yampa River (in NW) Colorado was placed on “call”. This is the first time ever that a call has been placed. What does this mean to have a call on a river? How does this impact your real estate throughout the state? Could you get a call? What should you do...
Is Colorado turning into California where residents lament about affordable prices and yet seek to place broad restrictions on growth that would increase supply. In Jefferson County, the city of Morrison is opening a new war in the “real estate battles”. How does...
From the title it looks like the Colorado cannabis industry is doing well. I this the real story? Is the headline misleading? How is the Colorado Cannabis industry so much better than the newly created Oregon marketplace? What can Oregon tell us about the future...
Anyone who has sat on i70 or i25 knows the growth pains occurring in Colorado first hand. Colorado’s population continues to rapidly increase and housing / commercial real estate is becoming more constrained throughout the front range. This huge population increase...
Summer is the number one time of year real estate is bought and sold in Colorado. Are you making a good investment? Are you buying a property that requires a trip over a terrible mountain pass that is beautiful in the summer, but a lion in the winter? The Durango...
Although the credit union didn’t officially announce the next recession in their advertising, their actions speak louder than words! A credit union in Colorado announced they are offering 100% no money down mortgages. “We are looking for a way for individuals to...
If you don’t recall, last year a worker at Loveland ski resort was crushed to death while servicing a magic carpet. Osha reviewed and fined Loveland for violating various safety violations. There is one twist in the case that could set some interesting precedent and...
Now that the election is over, cities/counties all over the state of Colorado have approved billions in new spending. This will all be flowing through to your tax bill shortly. The impacts will be felt by residential and commercial property owners. There is one...
Are you ready for marijuana sales in grocery stores? You can pick up a gallon of milk and marijuana in one convenient location! Canada recently passed legislation legalizing marijuana for the entire country and two provinces announced that they will allow sales in...
As a private lender for over twenty years and riding through various cycles, I’ve seen it all in real estate. There is one preventable mistake that is made by property owners that always surprises me. It is such an easy task and doesn’t cost much money but can save...
Is Denver's popularity starting to fade? In the first three months of 2018, Denver posted a "net outflow" of Redfin users for the first time, meaning that more Denver-based Redfin users were searching for homes in other metro areas than Redfin users elsewhere...
Longmont, in Boulder county Colorado, is setting some interesting real estate precedents that could impact the rest of Colorado. This precedent will be far reaching and will be very expensive not only for residents of Longmont but throughout the state. Longmont,...
I had to send out a quick e-mail with this news. As I’ve written in the past the best real estate investments are associated with one of the two behemoths in the industry (Alterra or Vail). Today a big announcement that Vail resorts is buying 3 more resorts will be...
In just about every destination or gateway town, one hears a similar murmur: not only are short-term rentals squeezing the last drops out of the housing supply, but more profoundly, they are threatening the very character that drew in locals—and tourists. In...
The recent U.S. supreme court ruling sets one of the biggest precedents in recent history that will impact Colorado considerably beyond the case decided. The supreme court recently ruled 6-3 that states can legalize gambling. Why should Colorado care? How about...
As we all know Colorado is growing rapidly. What areas in the State still provide the best values with the rapid appreciation most areas have seen the last 5 years? What sets these 4 markets apart from others? With many real estate markets throughout CO hitting...
