Real Estate Inventory down almost 30% in Denver

Real Estate Inventory down almost 30% in Denver

  According to the Colorado Association of Realtors, Denver real estate inventory fell 29% in December, number of sales increased 17% and sold price increased 5%. Breckenridge and Steamboat also saw listings decline by almost 30% with prices increasing modestly....
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...
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...
Florida real estate tanks, what does this mean for Colorado?

Florida real estate tanks, what does this mean for Colorado?

A housing slowdown is taking hold in some Florida markets, where a growing share of properties sold only after the seller cut the asking price.  Miami, Jacksonville, Orlando, and Tampa take 4 of the top 10 spots for recent price reductions.  How are Colorado and...