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...
Ikon beats Epic for top spots CO has 5 of 10 top ski resorts impact on real estate

Ikon beats Epic for top spots CO has 5 of 10 top ski resorts impact on real estate

Do you know where I took the picture above? (e-mail me if you know, the mountains should provide a hint :).  Ski magazine came out with their annual list of top ski destinations.  Colorado took the crown with 5 of the top 10 ski destinations which accounted for almost...
Florida real estate tanks, what does this mean for Colorado?

Florida real estate tanks, what does this mean for Colorado?

A housing slowdown is taking hold in some Florida markets, where a growing share of properties sold only after the seller cut the asking price.  Miami, Jacksonville, Orlando, and Tampa take 4 of the top 10 spots for recent price reductions.  How are Colorado and...
2018/19 epic snow and revenue for ski towns, one number paints a different picture

2018/19 epic snow and revenue for ski towns, one number paints a different picture

The 2018/19 season was Epic (or Ikonic depending on your pass preference) with every major resort posting record sales tax revenue, occupancy, and lodging rates.  At the same time real estate continued to skyrocket in most mountain communities.  With all this good...
Be careful in one Colorado ski town: which one has higher risk during the next recession

Be careful in one Colorado ski town: which one has higher risk during the next recession

One ski town has been on my top list of investments for multiple years.  I highlighted this resort as one of the “best buys” in Colorado real estate. The new owners have invested over 40 million and real estate values have soared.  Unfortunately, this same resort is...