Will the Colorado Mountain Real Estate party continue?  What will cause the slowdown if anything?

Will the Colorado Mountain Real Estate party continue?  What will cause the slowdown if anything?

Wow, it has been quite the run in Colorado Mountain real estate.  Prices have been off the charts with many mountain communities roughly doubling over the last 2 years.  For example in Summit county, home to Breckenridge, the median home price increased from 750k to...
Will the Colorado Mountain Real Estate party continue?  What will cause the slowdown if anything?

Is there a gold standard in real estate? One Colorado town fits the definition

In times of economic uncertainty, high net worth individuals focus on safety.  From Government securities like 10 year treasuries, to municipal bonds, and gold.  There is another trend emerging that Colorado real estate is being placed in the “safe haven” category. ...
Crested Butte Beats Airbnb; impact on real estate; case study for mountain towns

Crested Butte Beats Airbnb; impact on real estate; case study for mountain towns

Airbnb sent out an urgent request to hosts to: “ We urgently need your involvement NOW,” the email stated as it instructed hosts how to provide public comment. “It is critical to speak up against the proposed moratorium on all new permits.” The town of Crested Butte...
Has a cold front moved into Denver real estate? Are the mountains next?

Has a cold front moved into Denver real estate? Are the mountains next?

Metro Denver’s housing market has been changing in recent weeks, much like a cold front ending record heat, and could provide significant relief for buyers if this continues, local real estate agents say. The market has started moving in the past two to three weeks...
New tax plan in Congress will hit Colorado real estate hard.

New tax plan in Congress will hit Colorado real estate hard.

Colorado real estate is on a tear, with appreciation off the charts.  In Denver appreciation is up 25% year over year.  Unfortunately, all this appreciation could cause some large tax hits based on the new legislation.  How will the new legislation...
Where does Colorado real estate go from here as Covid subsides?

Where does Colorado real estate go from here as Covid subsides?

Wow, what a wild ride Colorado real estate has been on the last year.  The statistics are astounding!  Denver county average sales price is up almost 30% year over year while days on the market has plummeted 40%.  In the mountains, in places like Summit County prices...