Is this property worth 550k? Three free real estate tools you must use to evaluate CO properties

Is this property worth 550k? Three free real estate tools you must use to evaluate CO properties

Unfortunately, as the Colorado real estate market has heated up, so have the number of “questionable” appraisals. I was recently sent an appraisal with a value of 550k on the picture above, just the garage looking structure in the picture.  Fortunately, there are...
Will new Fannie/Freddie rules put the brakes on Colorado ski real estate?

Will new Fannie/Freddie rules put the brakes on Colorado ski real estate?

Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department.  Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly announced...
Vail resorts drops prices 20%,Breckenridge imposes nightly rental moratorium; who wins the battle and the war?

Vail resorts drops prices 20%,Breckenridge imposes nightly rental moratorium; who wins the battle and the war?

I thought it was ironic that Vail resorts announces a giant price drop to increase sales volumes of their passes while at the same time Breckenridge announces a proposed moratorium on nightly rental licenses.  The opposing announcements were not coincidental and...

New Proposed tax plan will eliminate millions of acres of Colorado Open Space

I am always amazed at how out of touch our elected officials are with what happens in the real world.  The new tax plan circulating through Congress is no exception with the supposed target high net worth taxpayers, but middle class, small business owners, farmers,...

Semiconductors will halt Colorado’s real estate prices. Your payment increases 5k/year!

Crazy times we are in, real estate in Summit county (home to Breckenridge) increased 51% in the past year.  Denver has increased 28%.  Will the crazy times continue to roll on in Colorado real estate?  Don’t bank on it, Semiconductors are firing a warning shot of...
What will drive Denver real estate in 2021, # 8 rank     

What will drive Denver real estate in 2021, # 8 rank     

There has been allot of talk about Denver being primed for a long term decline in real estate.  Will this actually occur?  Short answer no.  Why?  Simple math more people are moving to Denver than leaving.  What does this mean for real estate values in the short term...