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...
As we all know, Colorado, and especially the front range is growing rapidly. This growth means more development. These new developments all require resources from increased water needs to gravel for the roads. At the same time development demands have increased,...
Boulder, like many areas in metro Denver, has an affordability problem. The median home price in Boulder is more than one million. To counteract the steep rise in housing costs, Boulder has started a grand real estate “experiment”. In this experiment, the...
President Donald Trump has reportedly lent his support to Cory Gardner, a U.S. senator from Colorado, promising to back legislation that “protects states’ rights” on legalized marijuana. The president's decision would represent a split from U.S. Attorney...
“The U.S. economy will run strong for two more quarters before peaking this summer and sliding into a mild recession early next year”, predicted economist Alan Beaulieu, a specialist in long-term economic cycles. Fortunately, Colorado should hold up better than most...
The real estate market throughout Colorado is very hot to say the least. In “Hot Markets” mistakes happen more frequently. These “mistakes” can cost purchasers of residential and commercial property thousands. In Denver County hundreds of purchasers unknowingly...
Telluride, Crested Butte, Purgatory, Steamboat, WinterPark, Eldora, Copper, and others have all chosen new partners or switched partners. The ski industry is not monogamous; there is so much hooking up and breaking up that we are going to need to call Jerry Springer...
Attorney General Jeff Sessions is rescinding the Obama-era policy that had paved the way for legalized marijuana to flourish in states across the country. In a break with past federal policies taking a hands-off approach, Sessions will instead let federal...
There is allot of talk about nightly rentals and their impact on real estate. One of the most common questions is does a nightly rental increase the value of a particular residential property? I recently looked at a residential property in Denver metro (Jefferson...
The Federal government has released a new tool to track both short term and long term mortgage delinquencies. I was quite impressed at the new tool since the last time I went to the post office the guy was staring at a screen that looked like a pac man game from the...
There is a new initiative in town to drastically limit growth throughout the front range. Lakewood successfully passed (still in litigation) an initiative to limit new residential development to 1% of the existing housing stock. Why is this important? A very...
There is big news in the marijuana industry. “FOURTH CORNER WINS HUGE VICTORY. The Fourth Corner Credit is pleased to announce that the cannabis industry's credit union has been granted a conditional master account by the Federal Reserve Bank of Kansas City” (source...
Although the snow has been the worst in 60 years for many resorts, there is still plenty of snow up top and real estate continues to move forward. A big change was announced this week; Telluride is joining Vails Epic Pass and Aspen/KSI is rolling out the Ikon pass to...
Colorado continues to be one of the fastest growing states and Denver remains one of the fastest growing cities in the country. Realtors should be rejoicing, but all this growth has a dark side. How could 2018 be tough for Colorado realtors when the state continues...
Vail Resorts announced “steep declines in spending and visitation at its network of North American ski resorts.” Colorado ski country reported visitation down 13%. This decline in visitation will hit the ski industries bottom line. The bigger story is what does...
Allot of predictions have been made about the recent tax bills impact on real estate. The National Association of realtor’s economist predict “The direct result of these changes would be a plunge in home values across America in excess of 10 percent, and likely more...
