by Glen Weinberg | Sep 5, 2022 | Aspen hard money, Breckenridge, Breckenridge hard money, Breckenridge real estate, CO hard money, Colorado hard money lender, Colorado real estate market trends, Colorado Real Estate values, Colorado Ski real estate, Colorado Ski towns, Crested butte hard money, Ski lending/ investing, Steamboat hard money, Telluride hard money
Depending on the Colorado ski town, cash transactions make up between 30-75% of all closed transactions. With this many cash transactions, what do rising interest rates mean for sales in the various ski towns. Will there be a slow down in ski real...
by Glen Weinberg | Aug 22, 2022 | CO hard money, Colorado Living, Colorado real estate market trends, Colorado Real Estate values, Colorado Short Term Rental lending, Denver Hard Money, Denver hard money Lenders, Denver Private Lenders
A new Ballot proposal, 108, will be voted on in November to “divert to” (aka give) the state of Colorado an additional 270 million dollars of taxpayer’s money for affordable housing. What is in the new proposal? How effective will a statewide fund be? What can we...
by Glen Weinberg | Aug 15, 2022 | Colorado Living, Colorado real estate market trends, Colorado residential property values, Colorado Short Term Rental lending, Colorado Ski real estate, Colorado Ski towns, Colorado taxes, Condo Lending, NIghtly rental real estate, Ski lending/ investing, Steamboat hard money, Telluride hard money
While other mountain towns implemented taxes and regulations on short term rentals, Steamboat was a bit late to the party. Locals were not happy and elected a new council. The new ballot question will raise the short term rental tax to 20.4%. Will this pass in...
by Glen Weinberg | Aug 8, 2022 | Colorado real estate market trends, Colorado Real Estate values, Colorado Realtor, Colorado residential property values, Denver Hard Money, Denver hard money Lenders, Denver Private Lenders, Denver Private Lending, Denver private real estate loans, Denver real estate values, Denver Realtor, General Colorado Information
A record 32.6% of Redfin.com users nationwide looked to move from one metro to another in the second quarter, up slightly from 32.3% in the first quarter and roughly 26% before the pandemic. Denver was recently named by Redfin a top “outflow” destination with...
by Glen Weinberg | Aug 1, 2022 | Alternative financing, Colorado Foreclosures, Colorado Hard Money, Colorado Living, Colorado real estate market trends, Colorado Real Estate values, Colorado Realtor, Colorado residential property values, Denver Private Lending, Denver private real estate loans, Denver real estate values
Well’s Fargo just released its midyear housing update and from the surface it looks rosy for Denver and Colorado. How accurate are their assumptions? Will Colorado real estate continue to increase in light of an impending recession? Hint, don’t get too...
by Glen Weinberg | Jul 18, 2022 | Aspen hard money, Breckenridge, Breckenridge hard money, Breckenridge real estate, CO hard money, Colorado real estate market trends, Colorado Real Estate values, Colorado Realtor, Colorado Ski real estate, Colorado Ski towns, Steamboat hard money, Telluride hard money, Vail Hard Money, Vail real estate values
Aspen home prices jumped from 10 million to 16 million from 21 to 22. At the same time the city council has recently increased restrictions on new construction. How many demolitions/new builds do you think the city will now allow? Hint, the number is much lower than...