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]
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]
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]
JULY/AUGUST 2022 NEWSLETTER 🎙️
PURCHASES ARE DOWN…IS THE SKY FALLING? Locally, housing inventory is back on the rise after what felt like the most competitive two years. Colorado buyers have slowed their frenetic pace, and many have completely hit the brakes on their home purchases. They are afraid of the current recession and how bad things may get. Rising… [Read More]
JUNE/JULY 2022 NEWSLETTER 🎙️
A quick anecdote before we dive into the current state of housing inventory: While most of us have started to sweat every time we fill up our gas tanks or pay the energy bill, wealthy buyers in Aspen are trying to outbid each other on ultra-luxury homes that are not even for sale. As the… [Read More]
MAY/JUNE 2022 NEWSLETTER 🎙️
HOUSING MARKET UPDATE A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty. — Many people I have spoken with have no idea what to think about the current housing market. The media leads people to believe that we are in another housing bubble but that it’s a “different type… [Read More]
Market Trends Report | MAY. ’22📺
While inventory is on the rise, so are prices. The average price of a single-family detached home in Denver Metro is $825,073, representing a 3.93 percent increase from last month. With consecutive months of increased fees and interest rates, a buyer’s monthly mortgage has also increased. The average close-price-to-list-price ratio in April for the detached… [Read More]
APR/MAY 2022 NEWSLETTER 🎙️
What Does Rising Inflation Mean for Real Estate? Not only have high winds been relentless this month, but the winds of change may also be upon us. Anyone not living under a rock has probably noticed higher prices for gas, groceries, and just about everything else. Although the inflation rate was already rising at the… [Read More]