Denver fines short term rental companies 1k, mountains and burbs not far behind

Denver officials will now fine short-term rental companies $1,000 for each illegal short-term rental transaction, City Council determined 11/20.  Littleton also passed a new ordinance to regulate short term rentals.  Is the new focus on nightly rentals unique to...

Semiconductors will halt Colorado’s real estate prices. Your payment increases 5k/year!

Crazy times we are in, real estate in Summit county (home to Breckenridge) increased 51% in the past year.  Denver has increased 28%.  Will the crazy times continue to roll on in Colorado real estate?  Don’t bank on it, Semiconductors are firing a warning shot of...
The time bomb coming to Colorado Housing

The time bomb coming to Colorado Housing

I’m amazed that there hasn’t been any major press on the impending time bomb heading for Colorado’s real estate especially in Denver and the resort communities.  Nearly 500,000 federally assisted apartments or rental homes can revert to market rents over next five...
Breckenridge, Vail, Steamboat get much higher interest rates & locals hit hardest

Breckenridge, Vail, Steamboat get much higher interest rates & locals hit hardest

With interest rates hitting historic lows, why will property owners in Colorado ski towns from Steamboat to Telluride  get much higher interest rates than Denver?  (Do you know where I took this pic?)  Why will locals in the resort communities get hit hardest?  What...
Colorado Ski towns gentrified years ago impact on real estate

Colorado Ski towns gentrified years ago impact on real estate

  I wrote a few weeks back about how Denver Colorado is the second fastest “gentrifying” area in the country just behind San Francisco.  Nobody has really talked about it but “gentrification” is happening (already happened in most ski towns) at an even faster...
Walmart, Costco, Whole foods; which skier are you?  How does this impact real estate?

Walmart, Costco, Whole foods; which skier are you?  How does this impact real estate?

  The ski industry has been on a wild ride since the resorts were shut down last March.  Mountain real estate has been on a tear and summer visitation has been off the charts.  What does this mean for the upcoming ski season?  How are the resorts adapting due to the...