I was floored at the recent study showing that Denver has now surpassed New York City for most expensive place to run a restaurant. How is it possible that it is more expensive to operate in Denver than other large cities throughout the country? What was in the...
A recent report ranks Colorado as the 4th most expensive State in the entire country and has increased every year in the rankings the last four years. Is Colorado becoming Whole Foods with high prices on everything? How should this change your investing decisions in...
In Colorado there seems to be a pervasive theory that the entire state should focus on a few outliers even if it means higher taxes and costs for everyone else and there is no longer a pragmatic approach to anything in Colorado. A recent example is a Colorado Supreme...
AI is the hottest term on Wall street with stocks tanking or zooming based on their AI longevity. Can the same be said about real estate? Are some real estate markets better positioned for AI than others? How exposed are Boulder and Denver to the coming AI...
Colorado is losing businesses and jobs at an alarming rate. The Colorado Chamber of Commerce has been sounding an alarm for years about excessive regulation and last year more people moved out of Colorado than into the state. Not only are people leaving but...
Condos were once the hottest real estate in Denver and throughout the front range and now suddenly the tides have turned. Days on the market have jumped, prices are down, and sellers are now in a panic to dump properties. Is now a good time to...
Colorado has continued pushing for statewide zoning in the last several legislative sessions. The new proposal, House Bill 26-114 would radically alter every community in Colorado. The new bill mandates 2k foot min lot sizes statewide (no exceptions for any cities)....
As part of an ordinance passed by Denver City Council in 2019 to get the city’s lowest earners to a better wage and then link annual pay raises to the Consumer Price Index starting in 2023, Denver’s min wage has jumped 70% in the last 6 years. This has put Denver in...
Look at May statistics for Denver. With the surge in inventory I would have expected a sharp drop in prices, yet median and average sales price have barely budged. Now look at the chart below, what do you notice? Why are prices increasing even with an increase in...
Colorado has the biggest gap between the average mortgage rate borrowers are holding and what the market is which could create a bigger disincentive to sell, according to a study from U.S. News & World Report. Why does Colorado have the largest...
A Denver judge recently "took" a property back from an investor that they bought at a 2021 foreclosure. What was the court case about? Why is this ruling so profound? Can lenders no longer loan on certain properties in Denver? What does this ruling...
For the last 20 years Denver has been an amazing rental market with increasing house prices and in turn increasing rents. The tides have suddenly changed with prices stagnating and rents also falling in many areas. But the biggest changes killing property owners are...
Denver county approved hundreds of millions of dollars in new taxes for hospitals, schools, and everything in between, but they voted down an affordable housing bill in the November election. Along the same lines, Steamboat also recently voted down an affordable...
Denver has finally released their sidewalk fee schedule that voters had approved two years ago. The new fee schedule will have huge consequences for property owners around Denver with some getting new fees of 2400+/ year. What is the sidewalk fee? How is this...
Every time I open the news, I’m amazed at what is happening in the Colorado legislature. As a rental property owner, I cringe as it is becoming next to impossible to cost effectively operate a rental property. The new law is titled “safe housing”. Who doesn’t want...
In April, Denver County recorded the largest number of eviction filings in one single month. There were 1,665 eviction filings, compared to 1,038 in April 2023 and 576 in April 2022. Why the sudden huge jump in eviction filings? Is this a trend or just a...
Regardless of all the talk of a recession, soft landing, or something in between. Many Colorado mountain towns continue to see record tax sales revenue. How is this happening while domestic tourism is pulling back? What does this mean for the upcoming ski season? ...
