NYC Spars With Hosts Over New Airbnb Rental Laws, 25% drop in nightly rentals, what does this mean for Colorado

NYC Spars With Hosts Over New Airbnb Rental Laws, 25% drop in nightly rentals, what does this mean for Colorado

I always watch what happens on the coasts to see what is next for Colorado.  Whether it is minimum wage, required sick leave, etc… these all originated from the coasts and migrated to Colorado.  NY’s laws on nightly rentals will soon find their way to...
Colorado’s wildfire risk is so high some homeowners can’t get insured. The state may create last-resort coverage.

Colorado’s wildfire risk is so high some homeowners can’t get insured. The state may create last-resort coverage.

State lawmakers are preparing to introduce a bill in the legislature that would create a state sponsored governmental program offering basic home insurance to the growing number of Colorado homeowners who say they can’t get coverage from private companies because the...
Wild West Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge

Wild West Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge

There is a condo complex in Steamboat Springs, CO where units have precipitously dropped in value overnight while owners cannot sell, refinance, rent, or in many cases use the units.  The units themselves are fine, but there is one huge problem.  What happened in...
Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge, 4 ways to quickly lose money in ski real estate

Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge, 4 ways to quickly lose money in ski real estate

There is a condo complex in Steamboat where units have precipitously dropped in value while owners cannot sell, refinance, or in many cases use the units.  The units themselves are fine, but there is one huge problem.  What happened in Steamboat?  Why is this a...
2023 Colorado real estate predictions, will the party continue one more year?

2023 Colorado real estate predictions, will the party continue one more year?

Wow, 2022 has been quite the year in real estate.  In Denver, the average home  price peaked at $913,000, a whopping 52% increase from 2019. In Summit County (home to Breckenridge, Keystone, etc..) the average home is 1.2m up 116% since the pandemic. Even with higher...
Forbes take on the Denver market gumdrops and roses; is this reality?

Forbes take on the Denver market gumdrops and roses; is this reality?

I recently receive a Denver Metro Association of realtor’s newsletter touting:  “People have been flocking to the Mile High City from more expensive cities in search of a cheaper cost of living and to work remotely in the Rocky Mountains. “  Is this...