Credit union in CO predicts the next recession is imminent

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...
Loveland ski worker’s widow penalized for man’s legal marijuana use; Real estate impact?

Loveland ski worker’s widow penalized for man’s legal marijuana use; Real estate impact?

If you don’t recall, last year a worker at Loveland ski resort was crushed to death while servicing a magic carpet. Osha reviewed and fined Loveland for violating various safety violations.  There is one twist in the case that could set some interesting precedent and...

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

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...

Upront loan fees: Buyer beware

I have said for a while now to watch out for brokers/lenders requiring upfront fees prior to closing. This recent article on 9 news in Denver highlights this concern. The mortgage broker is accused of bilking customers out of over 500k in fees without ever providing a...