It is crazy to think that Denver’s minimum wage far exceeds ski towns and will increase yet again in 2027. Why is Denver’s minimum wage 26% higher than Steamboat Springs? What impact does a sky-high minimum wage have on businesses, employment, and real estate prices?...
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...
Throughout the state of Colorado property owners are paying substantially more in taxes than they should due to one fundamental flaw in the assessment. Here is a recent example: I was asked to evaluate a property in CO springs for a loan. The purchase price...
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 has gone from red to purple, to now ultra blue. The headline in the Wall Street Journal says it all. Not only did a socialist win for Congress, but the governor’s race also went much farther left than predicted. Will changes in Colorado laws...
This week, U.S. News and World report again released its popular ‘best places to live’ ranking, and once again, Colorado got snubbed in a big way. Just two short years ago Colorado Springs ranked as the 3rd-best place to live in the United States in the same report...
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...
Home values in Denver are falling faster than any other major metro area tracked by a key index, earning the Mile High City a dubious distinction as the weakest housing market in the nation. From the chart above it looks like Denver is in a free fall compared...
Colorado ski resorts have continued holding strong in the face of higher interest rates. Why are interest rates not the best metric for Colorado ski real estate? Which ski towns are performing better than others? What two factors are driving the difference in ski...
I’m amazed that there hasn’t been a bigger emphasis on the financial cliffs that most major cities will soon face. Most cities are heavily funded by property taxes and most importantly commercial property taxes. How will cities fund their budgets that...
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)....
In my blog last week Denver inventory surges and yet real estate prices still rise, I asked the question what are your predictions for real estate prices in 2026. Although a number of publications are predicting a huge reset in prices, the data from the survey shows...
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...
Our legislature recently enacted a new law that will impact large property owners starting this year. Who is impacted by the “Decarbonization law” Who will be paying millions for building upgrades (hint not the government)? Who will be on the hook for fines up to...
I’m amazed at the creativity in Denver to tax property owners more. The recent proposal is a “ghost tax” on select rental properties throughout Denver County. This ghost tax could be a game changer for the rental industry in Denver. What is in the new...
Can Denver’s fall in housing prices off its peak be contributed to politics? How does Denver stack up to other cities with different politics? Are Denver’s current woes a blip or a trend? Where do prices head from here? Take a look at the chart above, what is...
Why is it so expensive to rent and live in Colorado? 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...
How can property taxes jump 40% since 2023 when values are basically flat in most areas? Is there anything you can do about it? In 2022, with property values and in turn taxes surging, the Colorado governor signed a grand bargain to save on property taxes 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...
Denver has a 1.5 billion dollar plus problem as office values in a free fall. This puts Denver in one of the top three worst office markets in the entire country. Ready for a huge rise in your property taxes? Why is Denver suddenly moving from hot to not? What...
Take a look at the chart above from the Colorado Association of Realtors. From the chart it looks like Denver real estate prices are staying constant or slightly rising. Now, look at the chart below from Zillow for single family for the same time period. The...
A ton of big economic changes have occurred during the first half of the year including tariffs, higher than predicted interest rates and now substantial recession talk. What does this all mean for Colorado real estate for the remainder of 25? Will prices...
