60 percent more realtors, what does this mean for Colorado real estate prices?

60 percent more realtors, what does this mean for Colorado real estate prices?

The top job-related search between January 2021 and January 2022 was “how to become a real estate agent.” More than 60% more people became realtors during the pandemic.   What is this statistic telling us about future real estate prices in Colorado? What was in the...
2022 Colorado real estate predictions, mid-year update; the party continues in some markets

2022 Colorado real estate predictions, mid-year update; the party continues in some markets

Allot has changed in the last six months.  Interest rates have skyrocketed, appreciation has continued, and inflation continues to roar.  How does this impact my prior Colorado real estate predictions?  Where does Colorado real estate go in 2022?  Will the staggering...
Legislature reaches compromise to reduce property taxes, but your property taxes still going up 37%

Legislature reaches compromise to reduce property taxes, but your property taxes still going up 37%

With initiative 74, which I wrote about last week, looking to likely pass, legislatures agreed to a last-minute compromise to try to avert a showdown over initiative 74. The solution, Senate Bill 238 to reduce property taxes.  Unfortunately, the math doesn’t add...
What areas/prices are the best Colorado Real Estate investments and what are the worst?

What areas/prices are the best Colorado Real Estate investments and what are the worst?

In rapidly increasing markets, everyone is an expert!  Unfortunately, the real estate investments market is transitioning and there will be winners and losers.  Everyone always touts location, location, location to pick winning properties/areas?  Is...
Marijuana banking off the table: impact on real estate

Marijuana banking off the table: impact on real estate

Facing a tough midterm election and divisions in Congress, the Biden administration is sidestepping the politically sensitive issue of loosening marijuana laws even as the idea has gained support of most Americans.  With no movement at the Federal level, what does...
Cars, tents, vessels now considered homesteads; big impacts on real estate and property owners

Cars, tents, vessels now considered homesteads; big impacts on real estate and property owners

Thanks to one of our readers, Randy, for bringing the recent homestead exemption legislation to my attention as the changes are profound and yet there has been zero media coverage.  The Colorado legislature has just passed a new bill radically changing the meaning of...