August 2023

Snowmass Q3 2023 Market Update

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NOTES:  During the first seven months of 2023, we’ve seen an increase in inventory leading to some softening in prices, but still a significantly stronger market then pre-pandemic levels prior to 2020. At the end of July, the total number of residential properties on the market for sale throughout the Aspen Snowmass market was 22%......

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Featured Broker: Jeff Post

jeff post

Recent Deals We sold a commercial property the former Salida Auto Sales to Chaffee County for the purpose of putting in a new sheriff’s office. The purchase price was $2.3M. New Properties For Sale We just listed four industrial lots.  Each are a little over an acre. Two have wells already drilled, and those are......

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Sold Property: 317 Main Street Grand Junction

7% cap investment 2,575 SF downtown restaurantClosing Date: 5/31/2023Sold Price: $526,500 Tenant is a popular, established restaurant in downtown Grand Junction’s Main Street with great foot traffic, plenty of on street /public parking. Beautiful, central location in a historic building right there for all festivals, parades, and Farmer’s Market....

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Q3 Colorado Springs/El Paso County Market Report

DEVELOPMENTS The Air Force decided that U.S. Space Command’s permanent headquarters will remain in Colorado Springs, instead of moving to Huntsville, AL. A developer’s plans to build nearly 500 additional homes and more business space in an existing undeveloped subdivision near Peterson Space Force Base on Colorado Springs’ east side earned unanimous approval on Tuesday......

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Featured Broker: Brigitte DePagter Kusuno

Brigitte de Pagter Kusuno is a Colorado native born and raised in Telluride. Brigitte is Dirk de Pagter’s oldest daughter, wife of Chad Kusuno and mother of 20 year old Landon, 18 year old Kai and 13 year old Kobe. An avid snowboarder, Brigitte enjoys spending her spare time on the mountain riding and skiing......

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Q2 Mesa County Market Update

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DEVELOPMENTS Clifton Mesa County Sheriff’s Office (project completed): The new 3,500 sq.ft. substation at 126 2nd Street will provide quicker response times and more frequent patrolling. Clifton Branch Library (under construction): The new library will be built next to Rocky Mountain Elementary School at 3270 D½ Road. The 17,800 sq.ft. library will be about three......

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Featured Broker: Lucinda Stanley

Recent Sales We closed on the sale of the Columbine Mall, downtown Delta which was a multi-tenant commercial building.  I got to dust off my CCIM skills and navigate thru multiple personalities, different levels of client/customer knowledge, and patience levels while training a new Associate. Thankfully, everyone ended up happy. I also closed on the......

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Featured Broker: John Renfrow

John Renfrow Mt Princeton

Recent Sales We closed on two deals for Les Schwab Tire Dealership recently: one in Delta (Corner of HWY 92 & Stafford Drive) with one developer, and one in Montrose (1901 South Townsend ave) with a different developer for Les Schwab.  It was interesting to work with two different developers for the same entity. I......

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Telluride Q2 2023 Market Report

Telluride Real Estate Brokers

The momentum remains slow however market values continue to be stable due to continued shortage of commercial properties for sale. Commercial properties in Telluride are typically an education process and therefore are slower to transact, we continue to see this slow momentum. Higher interest rates are also slowing down buyer momentum.   2022 Q2 2023......

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Montrose Q2 2023 Market Updates

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Developments – What is happening Market has slowed but still stronger. There is more inventory and price reductions in all categories. Working on several tax protests with some very positive success. Enstrom Toffee is open. Marriott Fairfield Inn will be completed this Fall. New airport terminates with baggage claim should be completed this fall.  ......

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