Investors purchase record number of homes (1.7b) in Denver, what does this mean for values

Investors purchase record number of homes (1.7b) in Denver, what does this mean for values

According to a recent Redfin study, investors purchased almost 17% of all houses in metro Denver, up from 9% a year ago.  “Investors are expecting rents to increase in the coming years,” said Redfin Chief Economist Daryl Fairweather.  What does this mean for real...
Where does Colorado ski real estate go from here?  One metric is painting a rosy picture

Where does Colorado ski real estate go from here?  One metric is painting a rosy picture

  I’m constantly amazed at Colorado ski real estate.  Many markets are up almost 40% in the last two years alone with sales continuing to exceed.  On the other hand, Denver and the front range real estate markets are starting to feel a pronounced slow down.  What...
Denver prices drop 5%,  listings jump 11%, closings fall 13%, what is happening in Denver real estate

Denver prices drop 5%,  listings jump 11%, closings fall 13%, what is happening in Denver real estate

September was an interesting month in Denver metro real estate.  After two plus years of breakneck real estate sales, Denver real estate is starting to moderate.  What was in the September data?  What does this mean for the future of Denver real estate?  Will prices...
Investors purchase record number of homes (1.7b) in Denver, what does this mean for values

Superstar cities are (probably) immune from WFH, what does this mean for Denver?

Google bets 2.1 billion that cities like NY, Denver, Atlanta, etc… are immune from WFH.  What is Google saying with their actions on the future of work from home.  Why are “superstar” cities unlikely to feel much impact from the future of work from...
Denver approves 450 million in bond measures, your property taxes increase almost 40%!

Denver approves 450 million in bond measures, your property taxes increase almost 40%!

Denver City Council recently approved five new bond initiatives to appear on the November ballot.  The total amount of this spending is 450 million paid for by anyone who lives or owns property in Denver.  What was in the bond initiative?  How high will...
Will the Colorado Mountain Real Estate party continue?  What will cause the slowdown if anything?

Will the Colorado Mountain Real Estate party continue?  What will cause the slowdown if anything?

Wow, it has been quite the run in Colorado Mountain real estate.  Prices have been off the charts with many mountain communities roughly doubling over the last 2 years.  For example in Summit county, home to Breckenridge, the median home price increased from 750k to...