Colorado’s wildfire risk is so high some homeowners can’t get insured. The state may create last-resort coverage.

Colorado’s wildfire risk is so high some homeowners can’t get insured. The state may create last-resort coverage.

State lawmakers are preparing to introduce a bill in the legislature that would create a state sponsored governmental program offering basic home insurance to the growing number of Colorado homeowners who say they can’t get coverage from private companies because the...
Wild West Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge

Wild West Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge

There is a condo complex in Steamboat Springs, CO where units have precipitously dropped in value overnight while owners cannot sell, refinance, rent, or in many cases use the units.  The units themselves are fine, but there is one huge problem.  What happened in...
Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge, 4 ways to quickly lose money in ski real estate

Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge, 4 ways to quickly lose money in ski real estate

There is a condo complex in Steamboat where units have precipitously dropped in value while owners cannot sell, refinance, or in many cases use the units.  The units themselves are fine, but there is one huge problem.  What happened in Steamboat?  Why is this a...
Will the golden handcuffs of low rates save Denver real estate in this cycle?  November paints an interesting picture of what the future holds.

Will the golden handcuffs of low rates save Denver real estate in this cycle?  November paints an interesting picture of what the future holds.

The prevailing theory is that this real estate cycle will be considerably better than others as so many people locked in rock bottom rates which will serve as “golden handcuffs” and prevent a meaningful increase in inventory.  This in turn will keep prices high...
Denver Long term rental licenses go into effect Jan 23; Costs and requirements skyrocket; affordable housing reduced

Denver Long term rental licenses go into effect Jan 23; Costs and requirements skyrocket; affordable housing reduced

Denver is making waves again with the passage of a new law that requires all long-term rental properties to meet “min housing requirements”.  This new law goes into effect on January 1 2023.  On the surface the new law sounds innocuous, but the reality is...