CO hard money insights: mountain-town tax revenue, commercial values, tax increases and the Colorado markets to watch.
Regardless of all the talk of a recession, soft landing, or something in between. Many Colorado mountain towns continue to see record tax sales revenue. How is this happening while domestic tourism is pulling back? What does this mean for the upcoming ski season? ...
Wow, what a wild ride Colorado real estate has been on the last year. The statistics are astounding! Denver county average sales price is up almost 30% year over year while days on the market has plummeted 40%. In the mountains, in places like Summit County prices...
Colorado, like much of the country, is going to be in for a rough ride on the commercial side in 2021 Why 2021? What property types will be most affected? Unfortunately, the recent pandemic has created many more losers than winners in Colorado commercial real estate...
Although there is considerable uncertainty on the economic recovery with the virus, I can tell you with 100% certainty you will see an increase in Colorado taxes as states burn through cash. At the end of the day someone has to pay and unfortunately you and I will be...
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...
As we all know Colorado is growing rapidly. What areas in the State still provide the best values with the rapid appreciation most areas have seen the last 5 years? What sets these 4 markets apart from others? With many real estate markets throughout CO hitting...
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