Real Estate Inventory down almost 30% in Denver

Real Estate Inventory down almost 30% in Denver

  According to the Colorado Association of Realtors, Denver real estate inventory fell 29% in December, number of sales increased 17% and sold price increased 5%. Breckenridge and Steamboat also saw listings decline by almost 30% with prices increasing modestly....
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...
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...