There is no real estate inventory in Colorado, yet closings are up

There is no real estate inventory in Colorado, yet closings are up

If you look at Denver county, the number of properties sold is up 10% , in Routt County (Steamboat) sales of single family homes is up 30% over 2019.  If there is no inventory/ little inventory available how are sales continuing to break records.  Is there another...
Steamboat Springs imposes nightly rental moratorium: impact on real estate

Steamboat Springs imposes nightly rental moratorium: impact on real estate

Last summer was a tipping point with mountain towns overflowing with tourists and their impacts becoming more noticeable including traffic, crowded trails, etc…  As more people move to the mountains full time there is a bigger push to diversify the mountain towns away...
Will new Fannie/Freddie rules put the brakes on Colorado ski real estate?

Will new Fannie/Freddie rules put the brakes on Colorado ski real estate?

Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department.  Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly announced...

Semiconductors will halt Colorado’s real estate prices. Your payment increases 5k/year!

Crazy times we are in, real estate in Summit county (home to Breckenridge) increased 51% in the past year.  Denver has increased 28%.  Will the crazy times continue to roll on in Colorado real estate?  Don’t bank on it, Semiconductors are firing a warning shot of...
Breckenridge, Vail, Steamboat get much higher interest rates & locals hit hardest

Breckenridge, Vail, Steamboat get much higher interest rates & locals hit hardest

With interest rates hitting historic lows, why will property owners in Colorado ski towns from Steamboat to Telluride  get much higher interest rates than Denver?  (Do you know where I took this pic?)  Why will locals in the resort communities get hit hardest?  What...
Colorado Ski towns gentrified years ago impact on real estate

Colorado Ski towns gentrified years ago impact on real estate

  I wrote a few weeks back about how Denver Colorado is the second fastest “gentrifying” area in the country just behind San Francisco.  Nobody has really talked about it but “gentrification” is happening (already happened in most ski towns) at an even faster...