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...
Denver loses its shine and secures spot on moving out list, 24% want to go!

Denver loses its shine and secures spot on moving out list, 24% want to go!

Redfin, the online brokerage, released their recent search volume report which shows Denver is losing it’s “mojo”.  Denver topped the list of metros people looked to leave, posting the highest net outflows in the fourth quarter. 24% of all users were searching to move...
New Colorado initiative that could destroy Colorado real estate

New Colorado initiative that could destroy Colorado real estate

There is a new initiative in town to drastically limit growth in one metro Denver City.  Lakewood just won major litigation that had derailed a “growth initiative”  that limits new residential development to 1% of the existing housing stock.  Why is this important? ...
Beer in Grocery stores Jan 1, impact on you and real estate, 60% go under

Beer in Grocery stores Jan 1, impact on you and real estate, 60% go under

Colorado is an odd state.  You are 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.  That is all changing come January 1st.  Why the change?  What is the impact...
Denver sales plunge, inventory up 47%, Luxury now buyers’ market

Denver sales plunge, inventory up 47%, Luxury now buyers’ market

It looks like Black Friday is coming to Denver front range real estate with the luxury market (above 1m) officially entering a buyers’ market and on sale!   According to the November report by the Denver Metro Association of Realtors, active listings are up 47% from...
50% of Airbnb’s unlicensed in Denver –> Does Lake Tahoe have the answer

50% of Airbnb’s unlicensed in Denver –> Does Lake Tahoe have the answer

According to AirDNA 50% of all nightly rentals in Denver are currently unlicensed and not paying the appropriate taxes.  Denver implemented various rules to try to crack down on nightly rentals requiring all nightly rentals to be a primary residence.  It doesn’t...