While the Vail luxury and second-home markets have had their ups and downs over the past twelve months, a slow start to 2019 is giving way to significant sales momentum, according to a report from LIV Sotheby's International Realty.
The "LIVE" in LIVE Denver is an acronym for the Lower Income Voucher Equity program funded by the city, foundations, and employers. Introduced in 2017 and garnering coverage throughout the country, the initiative still receives continuing promotion by Denver leaders at housing conferences throughout the country.
That burning question is being asked by legislators looking for a solution for low-income renters and landlords wanting to stay in business.
From Broncos to beer, Denver is an attractive option for prospective residents seeking to relocate to the Mile-High City. Once considered one of the best-kept secrets because of the aforementioned benefits, not to mention numerous outdoor options, Colorado’s capital city is a popular destination to not only visit, but also live.
The banner headlines and breaking news surrounding the 2017 Tax Cuts and Jobs Act focused on reducing the tax burdens for individuals and businesses. What the media coverage minimized was the lesser known section that created new and perhaps unlimited opportunities for Denver real estate investors.
There is a new trend in the real estate market. According to the Associated Press (AP), cannabis real estate might be the new Gold Rush.
Real estate experts believe the interest in Denver hotels will not be slowing down in 2019. According to a recent article in the Colorado Real Estate Journal, Denver hotel rooms are being built at a "rate that succeeds the national average."
Research authored by global real estate services firm CBRE that centers on Colorado residential and commercial investment opportunities makes these two fundamental points:
"Effective adaptive reuse is where creativity meets business savvy."
Real estate-minded Colorado entrepreneurs, company owners and investors know that the current business environment is active and churning with possibilities. Regular readers of our blog at O'Brien Legal Services LLC in Denver certainly know that, given several of our entries that have recently underscored the Colorado commercial market's dynamism (please see our September 7 post, for example).