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...
Aspen hits a peak? Will the bubble burst?  Which ski town is most at risk?

Aspen hits a peak? Will the bubble burst?  Which ski town is most at risk?

The data is staggering in three months from June through August, the median home price in Aspen for a single family home doubled, with the average sales price north of 7 million.  Has Aspen hit a peak?  How do the other Colorado ski towns compare?  Are we at risk of a...
Colorado real estate blows away all predictions: will the party continue

Colorado real estate blows away all predictions: will the party continue

When the Coronavirus first hit, my predictions were for a flat to slightly declining market.  Wow, I missed that one!  The Denver metro area and all the resort towns have set records with appreciation skyrocketing.  What does this mean for real estate the remainder of...