Colorado Real Estate Market in 2020

Colorado Real Estate Market in 2020

Happy New Year! It is time for my annual Colorado real estate market predictions. Is it dawn or dusk for real estate in Colorado?  The main economic drivers in 2020 will be the pace mortgage rate increases, the election, and end of cycle volatility.  Each of these...
Ikon beats Epic for top spots CO has 5 of 10 top ski resorts impact on real estate

Ikon beats Epic for top spots CO has 5 of 10 top ski resorts impact on real estate

Do you know where I took the picture above? (e-mail me if you know, the mountains should provide a hint :).  Ski magazine came out with their annual list of top ski destinations.  Colorado took the crown with 5 of the top 10 ski destinations which accounted for almost...
50 most expensive towns in America, 4 in CO, not who you would expect

50 most expensive towns in America, 4 in CO, not who you would expect

Lending Tree ranked the 50 most expensive towns in the US by looking at home values and median income to determine affordability.  My top three choices in Colorado for least affordable markets would be: Aspen, Telluride, and Vail; not one was on the list!  Who made...
Breckenridge/Summit county falls 18%, Vail up 47%, Why? 3 seasons for the sudden cooldown

Breckenridge/Summit county falls 18%, Vail up 47%, Why? 3 seasons for the sudden cooldown

According to the Summit County association of realtors sales in July are down 18.3% in July and 15% for the year to date while Vail was up 47% in July and down about 4% for the year.  The decline is being attributed to a “lack of inventory”.  Is there more going on...