Colorado real estate market news, property tax and ballot updates, and hard money lending insights from Glen Weinberg and the Fairview team.
Colorado is having a tough year. Snowfall was down nearly 60% over the holidays, resulting in only about 11% of skiable terrain being opened in December and skier visits are down 20%. Vail resorts, the largest ski operator, is getting hit hard as seen in the stock...
In case you missed it, yours truly, was featured in a recent Denver Post Article: Coloradans carry heavy debt loads, and it isn’t financially healthy. What do increased debt burdens mean for real estate prices in Colorado? Does the debt burden preclude a 2008...
Look at May statistics for Denver. With the surge in inventory I would have expected a sharp drop in prices, yet median and average sales price have barely budged. Now look at the chart below, what do you notice? Why are prices increasing even with an increase in...
Last week I asked all of you How can the state of Colorado help reduce insurance costs? The real estate pros have spoken and as you can see from the chart above, the most selected response is that the state of Colorado needs to stay out...
After the Marshall fire, the state of Colorado embarked on a process to eliminate private property insurance. The first step the legislature took was to implement a study of why clean up from wildfires was inadequate and why insurance companies should be on...
With the stroke of a pen, President Trump has radically altered federal law in regard to Cannabis. The big news is that Marijuana is no longer in the same classification as heroin. What does this mean for Colorado’s Cannabis industry? How will this impact Colorado...
Two high end Colorado ski towns are taking radically different stances on tourism. Vail had proposed a 17% short term rental sales tax, while Steamboat is taking the opposite approach by proposing to tax vacant homes. Which solution is correct? What does each one...
The figure sounds ominous that Breckenridge summer bookings are down 17%. Is the sky falling in Breckenridge with visitation? At the same time bookings dropped nightly rates actually increased. How is this possible? Are the new nightly rental regulations to blame...
2026 looks like it is going to be a quite interesting year. Is it a rinse and repeat of 25? Inflation is remaining sticky, interest rates are high, while property taxes and insurance bills have skyrocketed throughout Colorado. There is a ton of negative news coming...
As the pandemic trends continue to reverse and buyers fall back into old habits, we are seeing a huge pull back towards urban areas. Does this mean Denver is set for a huge rebound? What are the best metro markets to invest in Colorado and why? What trends...
There is yet another law coming out of the Colorado statehouse on affordable housing. This new law allows state and local governments the first right of refusal on most multifamily property and requires notice to the government of any intent to sell prior to listing...
In my blog last week Top Ten Mountain Towns in a free fall, I asked the question to the readers if they agreed with the viral video proclaiming that Colorado ski real estate is in a Free Fall. As you can see the consensus was a blow out, but the interesting...
Have you seen the viral video about Colorado ski real estate where it predicts “entire communities evaporating and the seemingly perfect town that has seen its median home price slashed by over 30% in just 6 months”. How real are these bold predictions? Hint, look...
Our legislature recently enacted a new law that will impact large property owners starting this year. Who is impacted by the “Decarbonization law” Who will be paying millions for building upgrades (hint not the government)? Who will be on the hook for fines up to...
This election in Colorado is following similar patterns of tax and spend. I wish one of these elections we could vote to reduce taxes and spending! Did voters in Denver approve 1 billion in new spending? What ski town proposed a 17% short term rental tax? What...
I’m amazed at the creativity in Denver to tax property owners more. The recent proposal is a “ghost tax” on select rental properties throughout Denver County. This ghost tax could be a game changer for the rental industry in Denver. What is in the new...
Look at the chart above, the debt carried by Colorado’s residents is higher than any other state in the country including expensive states like California, NY, etc. The largest factor is mortgages but also note a stark increase in variable debt (credit cards,...
In my blog last week, Are Colorado ski towns running a Pyramid scheme, addressing the question of whether tourism is actually paying for itself or are ski towns papering over the tourism issue to continue to increase their budgets. The results were crystal clear. What...
Colorado ski towns are promising high returns from tourism to fund just about everything from roads to affordable housing and everything in between. The theory is that increasing tourism will essentially solve every budget desire in each ski town. What does this...
Can Denver’s fall in housing prices off its peak be contributed to politics? How does Denver stack up to other cities with different politics? Are Denver’s current woes a blip or a trend? Where do prices head from here? Take a look at the chart above, what is...
In my blog last week Vail loses major lawsuit what does this mean for real estate, I asked the question based on the new lawsuits and huge costs to ski resort operators where should you buy Colorado ski real estate? I was a bit surprised by the results with...
A fall from a lift in Crested Butte, leads to a 21m loss for Vail even with the ski safety act (first ever). Is the lawsuit actually a win for Vail resorts (even though they lost money)? Why is this case so monumental? What does this case mean for Colorado...
We are seeing an interesting trend in the short term rental market throughout Colorado. Cities like Breckenridge, Boulder, etc… have led the charge for short term rental regulation. Now counties like Summit County and Eagle county are putting countywide regulations...
Last year the Colorado Legislature passed a law “cause for eviction” that has radically altered the residential real estate industry and has led to over 200 police calls just at one apartment complex. Because of this new law, property owners and the police are...
