How to increase your Colorado Zestimate 300% with a simple step; 4 tips to determine the correct value

How to increase your Colorado Zestimate 300% with a simple step; 4 tips to determine the correct value

I was recently looking at a property in Colorado and looked up its Zestimate (above)… it is a miracle that the Zestimate suddenly increased 300% with no changes to the property. I’ll bet 900 million that the Zestimate is not accurate.  Why did the Zestimate jump so...
Ruling in Louisiana court halts Frisco’s plan for short term rentals

Ruling in Louisiana court halts Frisco’s plan for short term rentals

  Frisco had originally planned to offer a “locals” only license classification for short term rentals.  A new ruling in Louisiana put these plans on hold and could jeopardize many other communities short term rental laws.  What was in the ruling and...
58% of sellers in Denver drop prices; inventory rises 94%; what does this mean for Colorado real estate values?

58% of sellers in Denver drop prices; inventory rises 94%; what does this mean for Colorado real estate values?

  Don’t be surprised by the recent numbers.  I mentioned months ago that many Canadian markets changed on a dime and the same would happen in major US cities.  A recent Redfin report showed that Denver ranked second behind Boise in price drops amongst 97 cities. ...
58% of sellers in Denver drop prices; inventory rises 94%; what does this mean for Colorado real estate values?

Extreme bidding wars set to continue in Denver, Housing enters a national recession

The Denver Metro Association predicted “extreme bidding wars” will continue in their August Newsletter.  At the same time the National Association of realtor’s chief economist said: “We’re witnessing a housing recession in terms of declining home sales and home...
Denver a top ten “outflow” destination with more looking to leave

Denver a top ten “outflow” destination with more looking to leave

A record 32.6% of Redfin.com users nationwide looked to move from one metro to another in the second quarter, up slightly from 32.3% in the first quarter and roughly 26% before the pandemic.  Denver was recently named by Redfin a top “outflow” destination with...
Denver real estate predicted to increase appreciation this year and next year

Denver real estate predicted to increase appreciation this year and next year

Well’s Fargo just released its midyear housing update and from the surface it looks rosy for Denver and Colorado.  How accurate are their assumptions?  Will Colorado real estate continue to increase in light of an impending recession? Hint, don’t get too...