In Q3 2025, Archuleta County’s residential real estate market remains relatively flat, with low inventory and a corresponding decline in sales activity, resulting in modest and stable price movement overall. Limited supply, combined with more cautious buyer behavior, has created a balanced market where properties are taking just long enough to sell to prevent sharp......
The commercial real estate market in the Montrose area has picked up this past quarter. I feel that this is primarily due to pent up demand, as well as the slight reduction in interest rates. Low end residential money continues to be strong, but anything over $600K and up is having more days on market......
PUBLIC POLICY Colorado Springs City Council voted 6-3 to override the mayor’s veto of an ordinance allocating voter-approved marijuana sales tax revenue to public safety and mental health programs, highlighting tensions over authority. On September 2, President Trump confirmed the relocation of U.S. Space Command headquarters to Huntsville, Alabama, reversing previous decisions. It seems like......
Chaffee County remains a strong and steady market, though current indicators suggest a mild shift as conditions begin to balance between buyers and sellers. Commercial Real Estate activity has strengthened notably, with year-to-date (YTD) sales volume reaching $12,843,226 across 20 transactions, a significant increase from 2024’s $8,691,000 in sales and 11 transactions. Residential Real Estate......
MARKET TRENDS The first nine months of 2025 have continued the 2024 solid market momentum for residential properties in the Aspen Snowmass market. Although commercial leasing activity in Aspen has remained strong with recent retail rents in downtown Aspen hovering around $275 – $325 per SF with office rents in the $66 – $100 per......
PUBLIC POLICY CHANGES The newly formed Colorado Short-Term Rental Alliance (COSTRA) aims to unify and advocate for the state’s STR community, addressing legislative and regulatory issues amid declining international tourism and potential tax increases. With new proposals potentially burdening Colorado vacation homeowners, local vacation homeowners must be aware of the tax and financial environment and......
Chaffee County remains a strong market but is showing some signs of change with a slight shift towards a buyers market. Commercial Real Estate sales volume totaled $7,558,986 with 11 transactions year-to-date (YTD) through the second quarter of 2025, representing a 3.29% decrease in sales volume compared to 2024, which had $7,816,000 in sales across......
Most of the market has been flat or declined, except residential property with pricing less then $500K. If there is a house put on the market for less than $500K, then this market is very hot. There was increased activity when the interest was slightly decreasing, but not a lot. We are anticipating a slower......
City of Delta was awarded over $13 Million for Main Street Beautification program, geared to calming traffic down. Lots of controversy, upset commercial owners with parking being removed. City of Delta is also buying a building with grant funds to run a “resting place” for the homeless. Also creating a lot of controversy and complaints.......
PUBLIC POLICY CHANGES Grand Junction City Council passes moratorium to last one year to provide time to pass regulations that will comply with the Colorado HOME ACT. Grand Junction City Council voted to revert 4th St and 5th St to two lane, one way roads after comparing bids for the project. DEVELOPMENTS Confluence Center –......