It’s quite obvious from the big deals already closed in Colorado just in the first few months of this year, that this will certainly be one of the best years ever for sales in the ranch and recreational real estate market. Whether it’s the fact that we have a new party in the political office, or just the fact that the election season is officially behind us, I’ve noticed several buyers pulling the trigger on large acreage purchases, that were all sitting on the fence this same time last year. From family retreats, to large hunting operations, to vacation homes that offer fabulous fly fishing, the level of activity this year compared to last year has been quite astonishing for buyers with discretionary money to spend in the Rocky Mountains.
With the level of snowpack that we have across the state, irrigation season promises to be phenomenal across the Rocky Mountains. Not only will the snowpack benefit the farmers and ranchers, but it will also benefit local economies. Rafting companies will likely see record numbers this year, tourists will enjoy thrills and sensations of July white-water as if it were June, and hotels and micro-breweries will do all they can to keep up and make room for the demand that the tourists will bring. I’m quite confident the ripple effect and trickle down we’ll see from the effects of this year’s snowfall will continue to keep our regional real estate markets very strong.
In an effort to always increase their knowledge and education to better serve their clients, several of our chapter members will be gathering together in Breckenridge in May for our Spring Marketing and Education Sessions. Topics of conversation will include market trends by geographic regions, market trends by price, and the presenting of some of the best properties currently on the market by our members. The education class on Wildfire Mitigation and Consumer Awareness will give our members material to serve their clients in ways that the typical residential real estate
With the uptick in the market, it is very important to make sure that no matter what side of the transaction you’re on, you’re properly educated on the market trends that are specific to the region you’re buying and selling in. If you’re a seller that is looking to sell your property in Colorado, or a buyer that is wanting to make sure you are properly educated on all the current available inventory, I highly recommend that you get in touch with one of our Colorado RLI members. I guarantee you will not be disappointed with the level of service they’ll provide you throughout your real estate transaction.
Justin Osborn, REALTOR®
The Wells Group
2017 Chapter Meetings & Other Important Dates:
May 4 & 5
Marketing & Education Session, Beaver Run Resort, Breckenridge, Colorado
June 4 to June 12
LANDU Week, Kansas City, Kansas
June 8 & 9
CORLI & Open Fences Ranch & Land Tour, Location TBD
July 20 & 21
CO/KS/NE Joint Agricultural Meeting, Location in Colorado TBD
September 7 & 8
Marketing & Education Session, Courtyard by Marriott, Grand Junction, Colorado