Will new Fannie/Freddie rules put the brakes on Colorado ski real estate?

Will new Fannie/Freddie rules put the brakes on Colorado ski real estate?

Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department.  Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly announced...
Vail resorts drops prices 20%,Breckenridge imposes nightly rental moratorium; who wins the battle and the war?

Vail resorts drops prices 20%,Breckenridge imposes nightly rental moratorium; who wins the battle and the war?

I thought it was ironic that Vail resorts announces a giant price drop to increase sales volumes of their passes while at the same time Breckenridge announces a proposed moratorium on nightly rental licenses.  The opposing announcements were not coincidental and...

New Proposed tax plan will eliminate millions of acres of Colorado Open Space

I am always amazed at how out of touch our elected officials are with what happens in the real world.  The new tax plan circulating through Congress is no exception with the supposed target high net worth taxpayers, but middle class, small business owners, farmers,...

Denver fines short term rental companies 1k, mountains and burbs not far behind

Denver officials will now fine short-term rental companies $1,000 for each illegal short-term rental transaction, City Council determined 11/20.  Littleton also passed a new ordinance to regulate short term rentals.  Is the new focus on nightly rentals unique to...
Denver’s inventory plummets 73%, prices jump 28%, Breck jumps 51%   

Denver’s inventory plummets 73%, prices jump 28%, Breck jumps 51%   

What a year Covid has brought to Colorado real estate.  From Denver to the resort communities, inventory has plummeted while prices have soared.  What caused this huge jump in prices?  Will the inventory increase in Denver and other markets?  Where do we go from here...
8% of mortgages in forbearance, where will the defaults be in Colorado? Should you be worried?

8% of mortgages in forbearance, where will the defaults be in Colorado? Should you be worried?

Almost 6% of all homeowners (8% of one type of loan) are “stuck” in some sort of forbearance.  Unfortunately, the number of borrowers in forbearance has barely budged recently with no end in site.  What does this mean for defaults?  Why is one mortgage type...