Denver inventory jumps 76%, average price dropped 1% but still up for the year

Denver inventory jumps 76%, average price dropped 1% but still up for the year

Summer has come in with a roar in the Denver metropolitan area as inventory in June jumped 76% year over year.  What has caused the huge jump in inventory?  What does the change in inventory mean for prices?  How will Denver real estate perform compared to the...
Big changes on where you can buy wine/beer, impact on you and grocery anchored real estate

Big changes on where you can buy wine/beer, impact on you and grocery anchored real estate

Colorado is an odd state, prior to last year, you were unable to buy full strength beer in grocery stores. In almost every other state, you can walk into a grocery store and buy wine/beer, but not in Colorado.  In many states you can even buy liquor in grocery and...
Denver passes affordable housing, 28k linkage fee on single family & impacts every property type

Denver passes affordable housing, 28k linkage fee on single family & impacts every property type

Denver just passed an “affordable housing program” with new requirements for low-income housing.  Multifamily will have large requirements for low-income housing that will drastically alter the type and number of units constructed.  Furthermore, all property...
2022 Colorado real estate predictions, mid-year update; the party continues in some markets

2022 Colorado real estate predictions, mid-year update; the party continues in some markets

Allot has changed in the last six months.  Interest rates have skyrocketed, appreciation has continued, and inflation continues to roar.  How does this impact my prior Colorado real estate predictions?  Where does Colorado real estate go in 2022?  Will the staggering...
Legislature reaches compromise to reduce property taxes, but your property taxes still going up 37%

Legislature reaches compromise to reduce property taxes, but your property taxes still going up 37%

With initiative 74, which I wrote about last week, looking to likely pass, legislatures agreed to a last-minute compromise to try to avert a showdown over initiative 74. The solution, Senate Bill 238 to reduce property taxes.  Unfortunately, the math doesn’t add...
What areas/prices are the best Colorado Real Estate investments and what are the worst?

What areas/prices are the best Colorado Real Estate investments and what are the worst?

In rapidly increasing markets, everyone is an expert!  Unfortunately, the real estate investments market is transitioning and there will be winners and losers.  Everyone always touts location, location, location to pick winning properties/areas?  Is...