Sales tax revenue doubles in Breckenridge, up 50% throughout Colorado, What’s next in mountain real estate?

Sales tax revenue doubles in Breckenridge, up 50% throughout Colorado, What’s next in mountain real estate?

  Breckenridge, Steamboat, Vail, Winter Park, and Telluride  have all achieved record sales tax revenue this season.  You aren’t imagining it, the mountains are getting busy!  What is driving these all-time records? How does this impact real estate? Will...
New Lakewood  initiative cuts building 300%, builders cringe, prices skyrocket, what about Denver?

New Lakewood  initiative cuts building 300%, builders cringe, prices skyrocket, what about Denver?

After being tied up in litigation for years, Lakewood Colorado just passed a new initiative to substantially limit growth. The initiative limits new residential development to 1% of the existing housing stock and would require city council approval of any large...
Felony Charges filed against Airbnb hosts in Denver, 2 years in prison, impact on real estate

Felony Charges filed against Airbnb hosts in Denver, 2 years in prison, impact on real estate

The Denver district attorney filed felony charges against two realtors in Denver County for allegedly running illegal nightly rentals.  This could result in jail time of 2-6 years.  The spokesperson for the Denver District Attorney’s office, Carolyn Tyler, says...
Invest in Denver real estate on “layaway”?

Invest in Denver real estate on “layaway”?

A new Chilean company, BrickOp, has a “novel” plan to help investors buy their first piece of real estate with absolutely no money out of their pocket.   Sounds like a great deal! Should you do an investment like this? Buy real estate with no experience and no risk,...
You have no Fracking choice! Your million-dollar house is worth a whole lot less

You have no Fracking choice! Your million-dollar house is worth a whole lot less

Don’t think this impacts you?  Take a look at the map above of the Denver front range.  “When Bill Young peers out the window of his $700,000 home in Broomfield, Colo., he drinks in a panoramic view of the Rocky Mountains. Starting next year, he may also glimpse...
Home prices fall in Boulder, Denver and Douglas counties. Is it a blip, or a trend?

Home prices fall in Boulder, Denver and Douglas counties. Is it a blip, or a trend?

  If you missed the headline in the Denver Post, it sounds like the sky is falling.  Boulder’s average sales price is down 2.7%, Denver 1.2%, and Douglas 2.1%.  Are lower home prices on the way?  Is this the beginning of the next cycle?  How accurate is the...