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...
8% of mortgages in forbearance, where will the defaults be in Colorado? Should you be worried?

8% of mortgages in forbearance, where will the defaults be in Colorado? Should you be worried?

Almost 6% of all homeowners (8% of one type of loan) are “stuck” in some sort of forbearance.  Unfortunately, the number of borrowers in forbearance has barely budged recently with no end in site.  What does this mean for defaults?  Why is one mortgage type...
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...
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...