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...
Now that Trump has taken the reigns, many policies are becoming clearer including immigration, banking, and the federal reserve’s direction. How will these policies impact Colorado real estate? Will certain areas and price points be hit harder than others? With the...
In markets like Colorado sales slow down in the winter even in the high country/ski resort areas sales might peak in December and then quickly cool until spring/summer. If you are buying real estate in Colorado, winter is actually the best time to buy. Not only are...
With 2017 coming quickly, it is time for my annual Colorado real estate predictions. My 2016 predictions were accurate, with Denver house prices moderating toward the end of the year and outlying areas continuing to feel pain. What does this mean for 2017? How will...
As I am writing this blog, actually rewriting my blog this AM, after the upset. I wanted to highlight 3 big impacts to Colorado’s economy and the impact on Real Estate. There are three main impact areas for CO: 1) what does the market uncertainty do? 2) how will...
In a recent study, marijuana prices dropped from 2106 last January to 1402 in June, an astonishing 33% decline in prices (MJbizdaily) and they likely will continue to tumble even further. Marijuana now occupies over 3.7m square feet of space (1 in 11 buildings are...
With Fall in the air, it is a great time to explore outside the metro area. I'll bet you can't guess which city had 40% appreciation! It seems like most investors and the media are focusing on what is going on primarily in the Denver metro area and the “ritzy” areas...
Will your Colorado real estate value double? The choice is yours Anyone who has not lived under a rock the last five years has surely noticed the huge increase in both commercial and residential real estate prices (and also an increase in traffic with all the...
Get a free ticket to CO real estate summit! I hope all of you have had a great summer season in Colorado. Fall is definitely upon us throughout the high country in Colorado (I took this picture a few days ago outside Steamboat). We are pleased to announce our...
