Big changes to traffic patterns and Colorado mountain real estate post Covid

Big changes to traffic patterns and Colorado mountain real estate post Covid

Anyone who has ventured into any Colorado ski town recently has noticed a profound change since Covid.  Everything seems to be busy all the time, prices have skyrocketed, and longtime locals are quickly priced out.  What is causing the swift changes and what...
Colorado legislature proposes statewide elimination of single family zoning

Colorado legislature proposes statewide elimination of single family zoning

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.  As you...
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...
Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge, 4 ways to quickly lose money in ski real estate

Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge, 4 ways to quickly lose money in ski real estate

There is a condo complex in Steamboat where units have precipitously dropped in value while owners cannot sell, refinance, or in many cases use the units.  The units themselves are fine, but there is one huge problem.  What happened in Steamboat?  Why is this a...
2023 Colorado real estate predictions, will the party continue one more year?

2023 Colorado real estate predictions, will the party continue one more year?

Wow, 2022 has been quite the year in real estate.  In Denver, the average home  price peaked at $913,000, a whopping 52% increase from 2019. In Summit County (home to Breckenridge, Keystone, etc..) the average home is 1.2m up 116% since the pandemic. Even with higher...
Statewide transfer tax gearing up for 2024; I’ll bet 178 million this will not work

Statewide transfer tax gearing up for 2024; I’ll bet 178 million this will not work

  It is amazing, they just called the last races in Colorado a few weeks ago and already there is a ballot initiative to increase taxes further. In the last cycle voters passed an affordable housing initiative and hot on its heals is a new statewide transfer tax...