STR restrictions have put a damper on the nightly rental of many properties in Summit County. However, owners can consider using their property in an exchange pool where they can allow people to use their home and in exchange vacation in other people’s homes. Here is...
Senate Bill 33 is currently in the legislature with a committee hearing tentatively scheduled for February 20. A number of groups are rallying against this bill with a STR advocacy day scheduled in Denver at the Capitol on February 6, 2024. Senate Bill 33, as written,...
I am still surprised at the resiliency of the pricing in our market. Resort markets like ours are holding strong because of the desirability of the location and amenities, which keep demand very high. With high demand, the competition keeps the pricing competitive,...
I recently recorded a webinar with my colleague Jackie White where we discussed all considerations, good and bad, on buying and owning property in the high country. Jackie is an expert in the Evergreen/Foothills market and shared her unique expertise for that area. I...
The Recentric team is pleased to announce that we have officially closed on the acquisition of Union Terrace, an 84,000+ square foot office with medical building in Lakewood, CO. The closing occurred on December 29th, 2023, the last business day of the year allowing...
Here is how the market is faring for all Summit County residential real estate. Sold Listings December 2023 saw a total of 94 closings which is the least it has been since 2015, which is as far back as the software data goes. Historical number of sales in December:...