Bill to quadruple taxes on short term rental passes out of committee

Bill to quadruple taxes on short term rental passes out of committee

With the failure of proposition HH, the Colorado legislature is on the hunt for tax revenue and nightly rentals are in the cross hairs. Not surprisingly, the recent proposal to quadruple taxes on nightly rentals recently passed out of Colorado legislative committee...
Vail pass sales increase 86%, Colorado mountain towns revolt

Vail pass sales increase 86%, Colorado mountain towns revolt

What does the increased tension between Vail and ski towns mean for real estate?   Vail, the owner of major ski resorts and the epic pass, is selling approximately 86% more passes than in 2019.  At the same time mountain towns throughout Colorado and the country...
Property tax bomb awaiting Denver  

Property tax bomb awaiting Denver  

  Denver office vacancy exceeds 30% for first time since 1990’s In 2019 office vacancy stood around 16%, lower than the national average.  Fast forward and Denver office vacancy has almost doubled to over 30%.  Why is the vacancy rate so important to Denver...
Copper and Keystone outperform Breckenridge, why?

Copper and Keystone outperform Breckenridge, why?

Over the last several years both Keystone and Copper Mountain have appreciated at almost double the rate of Breckenridge.  Why the sudden change in fate for Copper Mountain and Keystone?  What big changes occurred in governmental regulations to cause the surge in...
2024 Colorado real estate predictions, will prices continue falling?

2024 Colorado real estate predictions, will prices continue falling?

Wow, 2023 has been quite the year in real estate.  The beginning of the year started out good but as interest rates rose substantially volumes dropped off a cliff and prices began falling.  What do the changes mean for Colorado real estate in 2024?  Will prices have a...