Colorado Foreclosure filings, where are they and what does this mean for values? What is the number one driver of foreclosures?

Colorado Foreclosure filings, where are they and what does this mean for values? What is the number one driver of foreclosures?

Many counties in Colorado are now using an online auction program for foreclosure sales which provides an interesting comparison of where distressed real estate deals are occurring.  Denver, the most populous county in Colorado, is not even close to the top of...
2 new bills signed into law that will cause Colorado property insurance to skyrocket

2 new bills signed into law that will cause Colorado property insurance to skyrocket

Colorado has not learned from the debacles in Florida and California and instead created their own public property insurance plan in the recent legislative session.  Furthermore, the government now dictates the amount of insurance that must be provided by carriers. ...
Aspen/Pitkin County lines up ban on short-term rentals

Aspen/Pitkin County lines up ban on short-term rentals

Aspen continues leading the way in Colorado on nightly rental regulations.  Historically what happens in Aspen ultimately flows through to other mountain communities.  What is in the exclusion of nightly rentals in Pitkin County?  Are these new...
What to expect in Colorado real estate the second half of the year; will the party continue?

What to expect in Colorado real estate the second half of the year; will the party continue?

Wow, the first half of 2023 has been relatively good in real estate throughout most markets.  Volumes are down substantially, but there has been little movement in prices.  Even with higher interest rates, most areas have stayed relatively flat, but the...
91% believe rent “stabilization” in Colorado should be implemented, what happened in the legislature?

91% believe rent “stabilization” in Colorado should be implemented, what happened in the legislature?

In a recent survey done by New Era Colorado where they polled 506 Coloradans between 18 and 34, a whopping 91% supported “rent stabilization” policies.  The legislature is hearing this drumbeat loud and clear.  The biggest focus of this legislative session has focused...
Median income soars in CO mountains, is 150k/year income affordable housing

Median income soars in CO mountains, is 150k/year income affordable housing

It is likely no mystery that the Colorado ski towns are getting considerably more expensive, but the recent data released by  HUD is eye opening. HUD releases income figures every year based on census data and other factors, such as the rate of inflation. What do...