Aspen down 27%, listings in Hamptons up 82%, what does this mean for real estate?

Aspen down 27%, listings in Hamptons up 82%, what does this mean for real estate?

  The Hamptons have increased inventory by 82%  to the highest level in 12 years.  At the same time sales fell 35% last quarter to their lowest since 2009 (Bloomberg).  In Aspen, another ultra-high-end market, sales are down 27% on single family homes from 1.2B...
New Colorado initiative that could destroy Colorado real estate

New Colorado initiative that could destroy Colorado real estate

There is a new initiative in town to drastically limit growth in one metro Denver City.  Lakewood just won major litigation that had derailed a “growth initiative”  that limits new residential development to 1% of the existing housing stock.  Why is this important? ...
Beer in Grocery stores Jan 1, impact on you and real estate, 60% go under

Beer in Grocery stores Jan 1, impact on you and real estate, 60% go under

Colorado is an odd state.  You are unable to buy full strength beer in grocery stores. In almost every other state, you can walk into a grocery store and buy wine/beer, but not in Colorado.  That is all changing come January 1st.  Why the change?  What is the impact...
Boulder plunges 19%, Denver drops 10%, buy Greeley?

Boulder plunges 19%, Denver drops 10%, buy Greeley?

Location Inc, founded by Andrew Schiller (he accurately predicted the last real estate bust), came out with new real estate predictions for the Northern Colorado Front Range.  According to recent models, Boulder will plunge by 19% by 2022 while Greeley should be a...