Pending Colorado home sales drop 50%, good news?

Pending Colorado home sales drop 50%, good news?

I hope everyone is doing well.  I wanted to share a bit of irony.  The “call before your dig” line in Colorado was recently out of operation as someone ironically didn’t call before they dug and hit all the lines going into the operation center. On...
Impacts of Coronavirus on Colorado commercial real estate

Impacts of Coronavirus on Colorado commercial real estate

Wow, what a crazy time we are in.  Less than a month ago, I was at Copper Mountain when the Governor announced the closure of all ski resorts.  Shortly thereafter, kids were running around the house with schools closed and most businesses were shuttered or working...
Cash is king, Aspen is better than Steamboat, but Steamboat is better than Breckenridge.

Cash is king, Aspen is better than Steamboat, but Steamboat is better than Breckenridge.

  We all know cash is king, but in real estate this is even more important.  What can the amount of cash tell us about a particular Colorado ski resort market (I took the pic above between Vail and Steamboat)?  How can we use this information to guide our...
Did you make the Biggest real estate mistake?  A case study in financial ruin

Did you make the Biggest real estate mistake? A case study in financial ruin

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 real estate precedent will cost you lots of $$$

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,...