Big changes in mountain real estate, volumes drop, but there is one big surprise

Although March is typically not a big sales time in the mountains with mud season and the resorts closed, there are some interesting trends emerging.  As suspected single family homes sales volumes have dropped dramatically along with median and average sales...
Colorado property tax relief: Polis reveals plan to ease skyrocketing tax bills

Colorado property tax relief: Polis reveals plan to ease skyrocketing tax bills

Colorado property taxes were set to jump almost 50% in some markets which finally go the attention of the Colorado Governor.   At the last minute, Governor Polis put together a proposal that supposedly will drastically save taxpayers.  What is in the new...
“Apparently we are too stupid”; Colorado Mayors Blast Polis’ statewide zoning proposal

“Apparently we are too stupid”; Colorado Mayors Blast Polis’ statewide zoning proposal

With a supermajority, the legislature has been busy crafting bills that will radically alter the real estate landscape.  The recent proposal allows the state to dictate zoning in every county throughout Colorado and eliminate single family zoning. Colorado mayors...
Rent Control through the backdoor in Colorado passed the house

Rent Control through the backdoor in Colorado passed the house

Every time I turn around there is yet another proposal to implement rent control.  The newest house bill concerning requiring just cause for an eviction recently passed its first hearing.  On the surface it sounds harmless, but the details are the most...
Denver passes affordable housing law, 88% decline in Apartment permits.

Denver passes affordable housing law, 88% decline in Apartment permits.

Last year Denver passed an “affordable housing program” that requires  multifamily developments to pay linkage fees and/or reserve a percentage of units for low income housing.  What has happened to apartment construction since passage? Were my original...
Wild West Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge

Wild West Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge

There is a condo complex in Steamboat Springs, CO where units have precipitously dropped in value overnight while owners cannot sell, refinance, rent, or in many cases use the units.  The units themselves are fine, but there is one huge problem.  What happened in...