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 one...
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!
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
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? ...
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...
Pot, horses, and property values focus of Colorado trial; Who won today?
A federal trial in Pueblo could have far-reaching effects on the marijuana industry both in Colorado and throughout the country if a jury sides with a couple who says having a cannabis business as a neighbor hurts their property's value. Should you believe the hype? ...
Is a Denver crash coming –> 44.4% drop in September: what should you do?
Sales of homes worth 1 million or more fell 44.4% between August and September and sales of homes over $500,000 dropped 33 percent during the same period. Overall sales in September of 2018 are down 21.4% from September 2017 (Denver Metro Association of Realtors). ...
Credit union in CO predicts the next recession is imminent
Although the credit union didn’t officially announce the next recession in their advertising, their actions speak louder than words! A credit union in Colorado announced they are offering 100% no money down mortgages. “We are looking for a way for individuals to...
Ready for pot in Grocery stores; impact on Colorado real estate
Are you ready for marijuana sales in grocery stores? You can pick up a gallon of milk and marijuana in one convenient location! Canada recently passed legislation legalizing marijuana for the entire country and two provinces announced that they will allow sales in...
Is Denver headed for a correction? How does this impact real estate throughout Colorado
“The U.S. economy will run strong for two more quarters before peaking this summer and sliding into a mild recession early next year”, predicted economist Alan Beaulieu, a specialist in long-term economic cycles. Fortunately, Colorado should hold up better than most...
Denver real estate has peaked
Has Denver Peaked? Denver’s Mojo is lost! I’ve predicted for a while that Denver’s torrid appreciation pace was unsustainable (see Has Denver lost its Mojo?). In the past week we have seen new indications that Denver has likely peaked. As many markets continue their...
Denver Has A Real Housing Crisis
Denver has a housing crisis Denver’s brilliant idea to tackle affordable housing. As Denver’s popularity grows, so does the demand for housing in the area. With the huge increased demand Denver metro has been leading the country in price appreciation. ...
Upront loan fees: Buyer beware
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