There is no real estate inventory in Colorado, yet closings are up

There is no real estate inventory in Colorado, yet closings are up

If you look at Denver county, the number of properties sold is up 10% , in Routt County (Steamboat) sales of single family homes is up 30% over 2019.  If there is no inventory/ little inventory available how are sales continuing to break records.  Is there another...
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...
Steamboat Springs imposes nightly rental moratorium: impact on real estate

Steamboat Springs imposes nightly rental moratorium: impact on real estate

Last summer was a tipping point with mountain towns overflowing with tourists and their impacts becoming more noticeable including traffic, crowded trails, etc…  As more people move to the mountains full time there is a bigger push to diversify the mountain towns away...
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...
Rent control ordinance passed in Colorado; Cities scramble to implement, Affordable housing declines, Who pays?

Rent control ordinance passed in Colorado; Cities scramble to implement, Affordable housing declines, Who pays?

It is no secret that rent in Denver and throughout the state has increased.  A one bedroom in 2010 leased for 800, fast forward to 2021, that same one bedroom is now leasing for 1646 a month, a 106% increase.  The legislature has taken up the fight with hb21-1117...

Frisco, CO considers declaring state of “emergency”; it is not for what you would expect.

City officials in mountain communities are worried rising home prices are pricing the workforce out of the market. “We’re really at risk of creating the modern era-ghost town in our mountain towns, where the lights are on and no one has a home to live in,” Hunter...