The recent fires in Boulder County were astounding in regard to location, destruction, and time of year. Typically, when we think of fire in Colorado we think of the foothills/rural areas and the urban/forest interface in the Spring through Fall. The recent fires in...
Colorado real estate is on a tear, with appreciation off the charts. In Denver appreciation is up 25% year over year. Unfortunately, all this appreciation could cause some large tax hits based on the new legislation. How will the new legislation...
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...
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...
Boulder city council recently approved a new ballot measure that has gathered enough signatures to appear in November. The new initiative is “No evictions without representation” to provide legal assistance for anyone facing eviction. What is in the ballot measure? ...
I saw a headline that property taxes would decrease 18%, I was skeptical to say the least and you should be too. Colorado is unique in how property taxes are calculated requiring a balance between commercial and residential property taxes, with commercial values...
“Ghost Kitchens” are on the rise? What are they anyway (no they are not haunted kitchens)? What is causing this new phenomenon? How will this impact real estate? My first experience with a “ghost kitchen” was in Breckenridge Colorado about three years ago where I...
The Denver metro real estate market has performed a sudden U-turn with inventory up 28%, sold homes down 14%, and days on the market up 23%. This is the highest amount of inventory since October 2013. With all the grim news, there is a ray of light 😊 ...
Beaulieu, a nationally renowned economist and president of ITR Economics, predicted: “The U.S. economy and your economy in Colorado will slow down in 2019…Expect a slow down, but don’t expect a break down”. He then went on to say that: “An aging population,...
NY provides 3 billion in incentives to land Amazon. Colorado offered 100 million. Amazon selected NY only to break up with them this week and ditch their expansion plans. Colorado will be a big winner of this recent breakup. Sounds like the recent Bezos love...
There is a new initiative in town to drastically limit growth in one metro Denver City. Lakewood just won major litigation that had derailed a “growth initiative” that limits new residential development to 1% of the existing housing stock. Why is this important? ...
Location Inc, founded by Andrew Schiller (he accurately predicted the last real estate bust), came out with new real estate predictions for the Northern Colorado Front Range. According to recent models, Boulder will plunge by 19% by 2022 while Greeley should be a...
As a private lender for over twenty years and riding through various cycles, I’ve seen it all in real estate. There is one preventable mistake that is made by property owners that always surprises me. It is such an easy task and doesn’t cost much money but can save...
Longmont, in Boulder county Colorado, is setting some interesting real estate precedents that could impact the rest of Colorado. This precedent will be far reaching and will be very expensive not only for residents of Longmont but throughout the state. Longmont,...
Boulder, like many areas in metro Denver, has an affordability problem. The median home price in Boulder is more than one million. To counteract the steep rise in housing costs, Boulder has started a grand real estate “experiment”. In this experiment, the...
