There is a new initiative heading to the ballot in Denver that could drastically increase prices in Denver. It is ironic that there have been many tax increases to help affordable housing yet on the other hand an initiative that will substantially increase the cost...
As the first Colorado resort is set to open today (Arapahoe Basin). Allot is happening in the industry that will impact real estate, visitation, etc… The last 12 months have been quite the roller coaster with consolidation galore and financial duress starting to...
Although fall officially started not long ago, it is snowtime in the mountains! The Northern Mountains including Steamboat got about a foot of snow last night. Although the snow is falling, prices are still hot throughout the Colorado High Country. As we all know,...
As we all know the ski industry is highly cyclical in nature with the largest driver of profitably for the ski industry is you guessed it, the secret ingredient, snow! Long range predictions came out for Colorado and the “snow thief” will be lurking in certain...
I joke that the average person can only have so many vices and remain a functioning member of society. There is not and endless demand for vices. Adults will choose their preference and forgo alternatives. This is a zero-sum game with winners and losers. What...
Anyone who lives in Colorado or has visited knows “Colorado has been discovered”. This has led to massive population gains and increased population going forward. What does all this mean for real estate. Could a small suburb of Denver, Lakewood, CO derail the...
Corelogic recently highlighted 4 cities at risk of a bubble. Denver was prominently mentioned with recent appreciation of 8.7%. Is there really a bubble? What is driving the “bubble? Should you panic and sell today? If we look at the last collapse in real estate...
I saw a recent study in the Denver post that in the Denver metro 1 in 10 homes have been used for Marijuana cultivation. I can attest to this statistic, I have walked into countless rental homes only to find out that they are growing marijuana in the basement or...
Seattle is going through a “grand experiment” on whether raising the minimum wage to a “living wage” will actually increase the take home pay of workers. Why should we care in Colorado? This year marks the beginning of a similar “grand experiment” here in Colorado. ...
Although the mountain real estate market is hot, unfortunately the heat I’m referring to is definitely not welcome news to property owners. I saw the news last night “the entire town of Breckenridge was placed on a pre-evacuation notice”(Summit Daily). Would you...
Did you see the announcement last week that Amazon was buying Whole foods? There are currently 20+ whole foods stores in Colorado. Why such a large impact? Will Amazon shake up the grocery industry just like books? What does this mean for grocery anchored...
According to ski country “visits don’t matter as much as pass revenue and guest spending”. Should you care? Will this impact real estate investing throughout the mountain towns? Will skiing follow the same path as golf? A recent Denver post article furthers this...
I learned the hard way about investing in mountain towns. I successfully lost over 100k on my first ski investment property! Hindsight 20/20 I violated 1 of the 4 golden rules of investing in mountain property. I developed these 4 rules after evaluating thousands...
Want to move into an apartment with knotty alder cabinets, walk in closets, energy efficient appliances, fitness room and more? Welcome to Steamboat’s newest affordable housing development! As the front range and mountain populations explode and the median home price...
Although summer activities are in full swing, there is still plenty of snow up top. There have been allot of changes in the last couple years in the ski industry (4 resorts changed hands) which will impact any investments in Colorado mountain towns. My top three pics...
I hope everyone is having a great spring and enjoyed the recent spring snow where the mountains got over 2ft. With spring in the air, will the real estate market in Denver start heating up or has the snow put a damper on things? I’ve predicted the past year or so...
If you are in Colorado, you likely have received your property tax notice of reassessment (or will shortly) and likely were very surprised. According to a recent Denver post article properties in the front range increased in value up to 70%. As a result, tax bills...
This is likely not the first thought that crosses your mind when you are buying a residential or commercial property. A few weeks ago a house in Firestone, Colorado imploded killing two . Further investigation shows the cause of the explosion was due to an old...
According to a recent article in the Denver Post, the real estate party ends badly beginning in 2019! According to the study of housing trends during the last downturn, the northern front range (Denver to Ft. Collins) are in for a doozy. This will be worse than the...
If you missed the announcement Aspen Ski Corporation just bought the mountains at Steamboat Springs and Winter Park. This is a game changer in the Colorado Ski industry as Aspen bulks up to better compete against Vail resorts. What does this mean for real...
What city in Colorado could be most impacted by the president’s plan to build a wall and the resulting international turmoil? My first guess like many of you would be somewhere in the metro area which is not the correct answer. In this city in Colorado Mexican...
Would you rather buy marijuana where the “cool marine air blankets the Mendecino coast to give the lush marijuana plants a fresh taste” or from “the concrete jungle of Denver? Which do you choose and which choice will the consumer make? How will this impact Colorado...
I wanted to wish everyone a happy spring. You can’t beat spring in Colorado with blue bird days and spring skiing. I took the pic above earlier this week outside of Breckenridge. Unfortunately, with warm days, mild temps, and wind, there is a nasty byproduct in the...
At yesterday’s press conference, Sean Spicer said “There’s still a federal law that we need to abide by when it comes to recreational marijuana and other drugs of that nature.” In essence, the new administration is saying that they will not take the same hands...
