The appreciation over the last seven years throughout Colorado has been astounding, but now it is time to pay the piper. What cities in Colorado are most at risk of rewinding most if not all of the Covid appreciation gains? Why are “suburban” markets more at risk...
Colorado has gone from red to purple, to now ultra blue. The headline in the Wall Street Journal says it all. Not only did a socialist win for Congress, but the governor’s race also went much farther left than predicted. Will changes in Colorado laws...
Last year the Colorado Legislature passed a law “cause for eviction” that has radically altered the residential real estate industry and has led to over 200 police calls just at one apartment complex. Because of this new law, property owners and the police are...
In my last blog post, Colorado has largest Golden Handcuffs in the US, I launched my first Colorado to see what the readers of my blog thought, the results were different than I would have predicted. There was a clear consensus of where real...
After the legislature last year approved the ability to tax second homeowners more, one ski town is going all in establishing a “vacancy tax” for property owners. Ironically nightly rentals can be considered "vacant". What is in the new Vacancy tax proposal? What...
Every recent legislative session in Colorado continues to have a few bills that are perplexing. The most recent law would allow someone who is renting a property to not pay for any damages to the property and be fully refunded their security deposit. What is the new...
Cannabis was the new goldmine for many years. Unfortunately, the high does not last and is turning more into a hangover. The napa valley of pot is no more. What led to the bust of the Napa valley of pot? Who are the winners and losers in the new paradigm? ...
A ton of big economic changes have occurred during the first half of the year including tariffs, higher than predicted interest rates and now substantial recession talk. What does this all mean for Colorado real estate for the remainder of 25? Will prices...
In Colorado you will be receiving your new tax assessment in the next few weeks (typically the beginning of May) and time is of the essence as you have a limited window if you want to fight your tax value. Your taxes are likely going up even though the market...
Wow, how skiing has changed over the last decade. Assuming a family of 4, a full ikon pass will cost almost $5k/year and that is before you take a bite of an overpriced slice of pizza!. On the flip side, an epic pass for 4 will be closer to 4k/year. What do the...
There is one ski town that bans non residents from buying real estate? What ski town has implemented this change? (Do you know based on the pic above?) Why was the ban put in place? What has happened to real estate values in this town and surrounding towns? Should...
In the last several weeks, I’ve had two deals fall through due to insurance. One was on a rural property that they could not find reasonable insurance on, and the other was on a condo in Denver that was under insured due to the huge jumps in insurance costs for the...
Colorado ski resorts continue holding strong in the face of higher interest rates. Why are interest rates not the best metric for Colorado ski real estate? What two factors are driving the difference in ski town fortunes? Will these trends continue heading into...
The Colorado Legislature has proposed a new law to limit lawsuits against builders in order to incentivize builders to increase supply of affordable housing. Will the new law help or hurt the market. What is in the new bill and how does it radically change...
The above is a picture of what we found in a property we were involved in; needless to say they did not get their security deposit back due to some huge electrical problems, water issues, etc....! Although, all eyes and media attention seems to be...
When you look at the chart above of single family homes, there is a major outlier in red. What is happening in Colorado Springs? Is Colorado Springs a warning for real estate throughout Colorado. On the flip side look at Glenwood Springs (orange) it is...
Every time I look at the docket of new bills in the Colorado Legislature I am amazed. This new bill will radically alter rental contracts in Colorado and changes the real estate market profoundly. The proposed bill not only impacts property owners but also lenders....
Nightly rental regulations and enforcement continue to be a leading topic for legislation in every Colorado ski town. A newer ordinance in Summit county (Breckenridge) continues this trend but ironically is supported by most in the industry. What is in the new...
I’ve heard from every realtor that 2024 was a tough year in Colorado, interest rates were high and closing volumes plummeted, look at the chart above of Denver it tells a much different story, but is that the whole story. Are volumes actually down regardless...
Condos were once the hottest real estate in Denver and throughout the front range and now suddenly the tides have turned. Days on the market has almost doubled, prices are down, and sellers are now in a panic to dump properties. Is now a good time to...
It is crazy that in Colorado we should be looking at a third world country on how to solve our affordable housing crisis. Is Colorado making the same mistakes as Argentina made in the past? What did Argentina learn that drastically lowered rental prices and increased...
The Colorado Rocky Mountains were blessed with abundant snow over the holiday season and unfortunately ski traffic was also brimming with accidents snarling traffic throughout the high country. At one point I saw i70 shut down an entire day leading to 90...
No doubt the presidential election was the most talked about in history, but the huge changes in Colorado are even more profound and will have major impacts on your daily life and wallet. What initiatives do you need to know about that will impact your wallet and...
Through a rule making process, the federal government is on the verge of reclassifying marijuana to schedule three, similar to ketamine as opposed to its current classification where it is grouped with Heroin. What does this mean for Colorado’s recreational marijuana...
