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...
The time bomb coming to Colorado Housing

The time bomb coming to Colorado Housing

I’m amazed that there hasn’t been any major press on the impending time bomb heading for Colorado’s real estate especially in Denver and the resort communities.  Nearly 500,000 federally assisted apartments or rental homes can revert to market rents over next five...
Breckenridge, Vail, Steamboat get much higher interest rates & locals hit hardest

Breckenridge, Vail, Steamboat get much higher interest rates & locals hit hardest

With interest rates hitting historic lows, why will property owners in Colorado ski towns from Steamboat to Telluride  get much higher interest rates than Denver?  (Do you know where I took this pic?)  Why will locals in the resort communities get hit hardest?  What...
Is Denver set for a long-term decline?  What does this mean for real estate?

Is Denver set for a long-term decline?  What does this mean for real estate?

Denver historically was the leader in Colorado real estate.  The tides have turned with the pandemic.  Year to date, sales in Denver are up around 5%, while Jefferson county, a suburban county of Denver is up 9%.  Furthermore, the appreciation in Summit county is over...