Metro Denver counties win supreme court approval to limit growth

Metro Denver counties win supreme court approval to limit growth

After being tied up in litigation, the Colorado Supreme Court just authorized a new anti growth initiative to substantially limit growth within the 11-county metro area (from CO springs to Ft. Collins) and all the cities/towns within. The new initiative limits new...
Airbnb rental owners beware:  Felony charges filed on nightly rentals

Airbnb rental owners beware:  Felony charges filed on nightly rentals

I always hate in the news where you hear about a story and are left wondering how it was actually resolved.   A few months ago, Denver began filing felony charges against homeowners for illegally renting properties via airbnb and Homeaway and lying on the affidavit. ...
Colorado Real Estate Market in 2020

Colorado Real Estate Market in 2020

Happy New Year! It is time for my annual Colorado real estate market predictions. Is it dawn or dusk for real estate in Colorado?  The main economic drivers in 2020 will be the pace mortgage rate increases, the election, and end of cycle volatility.  Each of these...

Ghost kitchens on the rise, ski towns lead the way, 3 impacts on real estate?

“Ghost Kitchens” are on the rise? What are they anyway (no they are not haunted kitchens)?  What is causing this new phenomenon? How will this impact real estate?  My first experience with a “ghost kitchen” was in Breckenridge Colorado about three years ago where I...
Homes for sale in colorado decline.

Homes for sale in colorado decline.

According to the Denver Metro Association of Realtors, Denver metro new real estate listings fell 12% in October, number of sales dropped 6.4%, and sold prices stayed basically flat. In addition, homes for sale in colorado dropped.  Don’t worry, the sky is not...
Will next Denver housing market recession be severe?

Will next Denver housing market recession be severe?

Although nobody knows how or when the next denver housing market recession will occur, we saw in the last cycle certain cities performed substantially better than others.  Redfin recently ranked the top metro areas that will perform best (and worst) in the next real...