REAL ESTATE NEWS A Mega Mansion Right in Colorado To seek out local real estate news that is not super depressing (the media sensationalizes any change in the market), here is a story about a too-good-to-be-accurate listing right in our backyard — Evergreen, Colorado. We have reported on some extravagant listings nationally, but there is… [Read More]
DEC 2022/JAN 2023 NEWSLETTER 🎙️
REAL ESTATE NEWS A Year-End Retrospective Everyone knew that 2022 would be a turbulent year for the economy. For one, the F.E.D. had announced that they would be rolling back their pandemic measures to combat high inflation. Many did not expect Russia to invade Ukraine, which put pressure on world markets, including oil/gas and agriculture…. [Read More]
NOV/DEC 2022 NEWSLETTER 🎙️
REAL ESTATE NEWS From the Ashes, Hope Springs Eternal It is hard to believe, but it was almost a year ago that the Marshall Fire blazed through Boulder County, Superior, and Louisville. It was a tragedy to all those families and homeowners who lost their homes or were injured, especially to the families of the two fatalities, Robert Sharpe… [Read More]
Market Trends Report | NOV. ’22📺
As the Denver market normalizes, active inventory declined slightly to 7,290 homes at month’s end. However, this is an increase of 115.94 percent year-over-year. While this number reads as a jump, the current inventory is still less than the pre-pandemic inventory numbers of 8,557 active listings in October 2019. Rising inflation and interest rates are… [Read More]
OCT/NOV 2022 NEWSLETTER 🎙️
REAL ESTATE NEWS What the Heck is a “Trophy Tree”? When people achieve a certain amount of wealth, there are not many problems their money can’t solve. So, at the highest levels, it almost seems like they start to make up their own! One such invented problem is how to install their “trophy trees.” Affluent… [Read More]
Market Trends Report | OCT. ’22📺
As the Denver real estate market continues to evolve and change with the weather, the question on everyone’s mind is whether or not we are in a buyer’s market. Traditionally, a market with less than three months of inventory is considered a seller’s market. In direct relation to that, a market with more than six… [Read More]
SEP/OCT 2022 NEWSLETTER 🎙️
Park City, Utah — a mansion fit for a Bond villain, or maybe Bond himself, is being constructed. While many of us were busy deciding whether or not to put on pants for our Zoom meetings (or months off) during the shutdown, Matt Alcone of Alcone Ventures bought some land for this surreal project. Based on the James Bond movie Spectre, this… [Read More]
Market Trends Report | SEP. ’22📺
All major statistical categories point towards the market slowing down. Days in the MLS went up 120 percent since last year at this time, and the close-price-to-list-price ratio dropped below 100 percent for the first time since July 2020 to 99.41 percent. Meanwhile, the median sales price decreased 2.54 percent from the previous month. “While… [Read More]
AUG/SEP 2022 NEWSLETTER 🎙️
TO MOAT, OR NOT TO MOAT? IS THAT EVEN A QUESTION?! While most of us “normal people” are busy deciding what color to paint a room, uber-wealthy architects have some tough choices regarding the design of their luxury estates. In this month’s example, this guy must have thought, “If I’m going to build a castle,… [Read More]
Market Trends Report | AUG. ’22📺
The data confirms that the Denver Metro area is no longer in a shifting market. Instead, it has shifted, and the real estate market is more balanced. Month-over-month, the market is down 3.33 percent but compared to last year, it is still up 11.04 percent, indicating that a more balanced market, combined with slightly decreasing… [Read More]