Archives

August 2019

The Economy and Real Estate

William Small, JD, CCIM Zenith Realty Advisors An inverted yield, the trade war with China, Brexit and recession have been the top economic topics covered by the news media for most of the summer. For over two years now, leading…

Read more

Steamboat Springs Market Update � August 2019

Commercial Real Estate sales volume of $7M with 13 transactions in 2019 is substantially down 60% compared to sales in 2018 with 17 transactions worth $17.6M. Residential Real Estate sales for $287.4M in 2019 are flat compared to sales in…

Read more

Montrose County Market Update – August 2019

Commercial Real Estate sales volume of $1.8M with 5 transactions YTD in 2019 is down 34% compared to sales YTD in 2018 with 6 transactions worth $2.7M. Residential Real Estate sales for $71.4M YTD in 2019 is down 7.4% compared…

Read more

Glenwood Springs Market Update – August 2019

Commercial Real Estate sales volume of $6.2M with 8 transactions YTD in 2019 is significantly down 46% compared to sales YTD in 2018 with 20 transactions worth $11.6M. Residential Real Estate sales for $55.3M YTD in 2019 are down 6.33%…

Read more

Chaffee County Market Update � August 2019

Commercial Real Estate sales volume for Chaffee County of $4.1M YTD in 2019 is down 32.2% compared to sales YTD in 2018 of 6.1M. Residential Real Estate sales for $63.6M YTD in 2019 is up 5.8% compared to sales YTD…

Read more

Opportunity Zone Program Slow Start Expected to Pickup

The wave of commercial real estate capital that investment managers expected to flow into federally designated Opportunity Zones has had a slow start. The reasons for the slow start are numerous – the newness of the program, delayed clarity from…

Read more