2024 Colorado real estate predictions, will prices continue falling?

2024 Colorado real estate predictions, will prices continue falling?

Wow, 2023 has been quite the year in real estate.  The beginning of the year started out good but as interest rates rose substantially volumes dropped off a cliff and prices began falling.  What do the changes mean for Colorado real estate in 2024?  Will prices have a...
Did Breckenridge implement rent control? Did Summit County take “property rights”?

Did Breckenridge implement rent control? Did Summit County take “property rights”?

A federal judge has effectively frozen a legal battle over Summit County’s short-term rental regulations — at least temporarily — after county officials filed a motion to dismiss a lawsuit brought by area homeowners. One of the claims of homeowners is that the new...
Live like a local, pay hotel property taxes on nightly rentals

Live like a local, pay hotel property taxes on nightly rentals

Big changes in store for Colorado real estate in the upcoming legislature   Colorado Governor Polis, in a recent interview, called short term rentals paying residential rates a “loophole” that he supports closing.  “Residential properties that work like hotels...
What Colorado ski town is outperforming others : Which Colorado ski town is the best investment?

What Colorado ski town is outperforming others : Which Colorado ski town is the best investment?

As I predicted, we are starting to see some big changes in Colorado ski real estate.  Even as prices in many markets throughout the country are staying flat, some Colorado ski real estate is still increasing while others are starting to correct.  What is...
Colorado Foreclosure filings, where are they and what does this mean for values? What is the number one driver of foreclosures?

Colorado Foreclosure filings, where are they and what does this mean for values? What is the number one driver of foreclosures?

Many counties in Colorado are now using an online auction program for foreclosure sales which provides an interesting comparison of where distressed real estate deals are occurring.  Denver, the most populous county in Colorado, is not even close to the top of...
Aspen/Pitkin County lines up ban on short-term rentals

Aspen/Pitkin County lines up ban on short-term rentals

Aspen continues leading the way in Colorado on nightly rental regulations.  Historically what happens in Aspen ultimately flows through to other mountain communities.  What is in the exclusion of nightly rentals in Pitkin County?  Are these new...