Posted inBusiness, Housing, News

Buying frenzy slows but home prices remain sky-high in Colorado mountain towns

The blistering pace of home sales in Colorado’s mountain communities is slowing. Finally.  After sales volume and prices more than doubled in Colorado’s high country valleys between 2019 and 2021, the number of home sales in six Colorado mountain counties declined through May compared with the same period in 2021. And while prices remain sky-high, […]

Posted inBusiness, Housing, News

Aspen City Council limits short-term rentals, imposes fees on home construction and eases path for affordable housing

The Aspen City Council this week approved strict regulations limiting short-term rentals and easing the process for developing affordable housing, concluding seven months of work to rein in a real estate market frenzy that has homes selling for as much as $6,000 a square foot. “Are we a community or a commodity?” Aspen councilor Rachel […]

Posted inEconomy, Housing, News

In Colorado’s current real estate market, is it better to be a renter right now?

What’s Working: This is a segment of our weekly What’s Working column. Read the full column. >> Sign up for the newsletter Feel like there’s no chance you can buy a house? You may be better off renting anyway. With national average mortgage payments of $2,576.39, that’s above average rent of $1,589 in Colorado, according […]

Posted inEconomy, Housing, News

In Colorado’s heated real estate market, is it better to be a renter right now?

What’s Working: This is a segment of our weekly What’s Working column. Read the full column. >> Sign up for the newsletter Feel like there’s no chance you can buy a house? You may be better off renting anyway. With national average mortgage payments of $2,576.39, that’s above average rent of $1,589 in Colorado, according […]

Posted inBusiness, Growth, News

The life sciences industry is booming. Here’s how it affects the Denver metro.

The life science industry has thrived in Colorado for decades. But in the last year or two, more people are moving in and around Denver to research everything from diseases and medical devices to pharmaceuticals and drug discovery. That means there’s less space equipped with proper ventilation and technology and fewer labs available for research […]

Posted inOpinion, Opinion Columns

Nicolais: My stepdaughter won in the housing lottery that is the Colorado real estate market

Earlier this month my stepdaughter and her boyfriend bought their first home. They ended up in a three-bedroom, two-bathroom house near Columbine. It has a two-car garage and decent size yards in front and back. Feel free to gasp at their accomplishment in the current market. They are both in their mid 20s, recently completed […]