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...

Cannabis quickly coming off its high; the green rush turning red; impact on real estate

Cannabis was the new goldmine for many years.  I always am entertained by the chart above form a few years ago showing the sales of marijuana/resident.  Unfortunately, the high does not last and is turning more into a hangover as marijuana becomes more mainstream with...
Did Breckenridge implement rent control? Did Summit County take “property rights”?

‘Airbnb collapse’, what does this mean for Colorado cities and real estate prices

A tweet that went viral last week proclaimed “the Airbnb collapse is real,” with a screenshot of data attributed to AllTheRooms, a short-term rentals analytics company, showing revenue per available listing at Airbnbs between May 2022 and May 2023 down...
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...