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Colorado realtor says Fed’s interest rate cut “a good time to make big purchases, especially homes”
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CBS Colorado, State

Colorado realtor says Fed’s interest rate cut “a good time to make big purchases, especially homes”

By Michael Abeyta | CBS Colorado A Colorado real estate broker says Wednesday's announcement by the Federal Reserve that they are lowering the interest rate by .5 percentage points was somewhat expected and that he was somewhat ready for it. "I thought the Fed was going to be a little bit more conservative and do a 0.25 percentage cut. However, the 0.5 is where we're at. So not shock, not surprise," said Brett Weinstein, the CEO of Guide Real Estate. That means it costs consumers less in interest to borrow money. READ THE FULL STORY AT CBS COLORADO
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If you have $48.5M, you can get the Walton-owned recording retreat of the stars
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BizWest, Local

If you have $48.5M, you can get the Walton-owned recording retreat of the stars

By BizWest The Walton family, the billionaire clan that owns Walmart Inc. (NYSE: WMT), is attempting to sell Caribou Ranch, a 1,700-acre property in the Rocky Mountain foothills near Nederland that for decades served as a recording retreat for mega-star musicians such as the Beach Boys, Michael Jackson, Elton John, Stevie Wonder, Chicago and Earth, Wind & Fire. The asking price: a cool $48.5 million. Caribou Ranch, built in 1972 by record producer James William Guercio, is owned by Indian Peaks Holdings LLC, Boulder County property records show. That entity is registered with the Colorado Secretary of State’s office to the same Bentonville, Arkansas, address Walton Enterprises LLC, the Walton’s family office.  READ THE FULL STORY AT BIZWEST
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John Denver’s music studio, guest house for sale if you have $8.5 million
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kdvr.com, Local

John Denver’s music studio, guest house for sale if you have $8.5 million

By Maddie Rhodes | Fox 31 Denver John Denver’s guest house and music studio that inspired the singer’s famous hit “Starwood in Aspen” is now for sale. The house, which is listed with Christie’s International Real Estate, lies along the Starwood subdivision in Aspen. The realtor said that as Denver was a longtime resident of Starwood, his song was “in tribute to the community’s beauty,” according to the listing. The Starwood community is a private home development that’s 15 minutes outside of Aspen and as Denver describes it in his lyrics, it’s “a sweet Rocky Mountain paradise.” READ THE FULL STORY AT FOX 31 DENVER
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