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...
8% of mortgages in forbearance, where will the defaults be in Colorado? Should you be worried?

8% of mortgages in forbearance, where will the defaults be in Colorado? Should you be worried?

Almost 6% of all homeowners (8% of one type of loan) are “stuck” in some sort of forbearance.  Unfortunately, the number of borrowers in forbearance has barely budged recently with no end in site.  What does this mean for defaults?  Why is one mortgage type...
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...