Voters in Steamboat Springs, Aspen, Dillon, Glenwood Springs, Carbondale, and Summit County will all decide whether to impose additional taxes, with at least part of those funds in each municipality going to support affordable housing. What are the new short term...
A lot happened last legislative session and I totally missed a recent law that could have huge impacts on property owners. A new Colorado law that went into effect in May allows fire districts to levy “impact fees” on any property without a vote. What does this mean...
Over the last 5 years Vail resorts stock has lost - 23% substantially below the S&P which means Vail has underperformed the market by almost 40%. Why the sudden drop in Vail resorts stock? What does this drop mean for Colorado ski real estate? Is the ski party...
Will Colorado property owners actually see real property tax relief? Property owners are fed up with the run away increases in Colorado property taxes and yet the legislature has done very little. The governor and legislature blinked from the threat at the ballot...
I was surprised to see the news that Eldora, in Boulder County, is up for sale. What caused the sale of Eldora. What does this mean for real estate in Nederland, CO? Who will buy Eldora and what does this mean long term for the area? A Brief History of Eldora ski...
Through a rule making process, the federal government is on the verge of reclassifying marijuana to schedule three, similar to ketamine as opposed to its current classification where it is grouped with Heroin. What does this mean for Colorado’s recreational marijuana...
It is amazing since the pandemic it seems everyone has had way too much time to watch YouTube and Instagram and are now experts on everything including Colorado ski real estate. Unfortunately ski real estate is not that simple. Look at the picture above, can you...
On the November ballot a special interest group just got approval for an initiative that targets one particular business that has been operating legally in Denver for over 70 years and has an economic impact of 382 million a year and employees over 600 people. ...
10 years ago, nightly rentals were a novel concept, fast forward to 2024 and the number of nightly rentals has surged over 40% in the last 5 years. What does this huge increase in nightly rentals mean for real estate values? Has the real estate market gotten...
With little real progress on property tax relief by the legislature (above is the legislative fix), there is an initiative now on the November ballot to radically alter how property taxes work in Colorado. The new initiative would cap property taxes with a...
With three wildfires burning in the front range as I write this and thousands evacuated, it is crucial to know the number one mistake that is made in a wildfire disaster. Do you know what the significance of the picture of the government facility above? Being a...
A federal judge had effectively frozen a legal battle over Summit County’s short-term rental regulations — at least temporarily — after county officials filed a motion to dismiss a lawsuit brought by area homeowners. One of the claims of homeowners is that the new...
Almost every mountain town continues to appreciate or stay at historic highs, but two Colorado mountain towns are bucking the trend. What is happening in Silverthorne and Granby? Why are these two towns underperforming not only mountain towns but others throughout...
Every time I open the news, I’m amazed at what is happening in the Colorado legislature. As a rental property owner, I cringe as it is becoming next to impossible to cost effectively operate a rental property. The new law is titled “safe housing”. Who doesn’t want...
In April, Denver County recorded the largest number of eviction filings in one single month. There were 1,665 eviction filings, compared to 1,038 in April 2023 and 576 in April 2022. Why the sudden huge jump in eviction filings? Is this a trend or just a...
When looking at the chart above it is clear that Breckenridge is substantially underperforming other ski towns in Colorado. Why has Breckenridge peaked and fallen while other ski towns hit a blip and powered higher? What does this mean for ski real estate in...
After stunning defeats last year, the Colorado governor and legislature have broken apart the large bill into smaller parts that have each passed. Two new land use bills passed that take away local government control and hand it to the state of Colorado. The new...
It is crazy to talk about prices moving higher in Colorado’s high country while rates are staying double their lows. Why is ski real estate poised to head higher despite everything else going on in the economy? What is the key driver to watch for ski real estate? ...
In the waning hours of the legislative session, a grand tax bill reduction was introduced to supposedly offset the 40-50% increases in the last tax cycle. The headlines are everywhere “Bipartisan bill would bring long-term property tax relief for Colorado homeowners”....
Can the state of Colorado grant itself a first right of refusal on your property? They just did! This new law allows state and local governments the first right of refusal on most multifamily property and requires notice to the government of any intent to sell prior...
Property taxes on short-term rental properties in Colorado would more than triple under a bill drafted by state lawmakers that comes as communities from Durango to Denver grapple with surging numbers of vacation rentals. What is in the new proposal? How will this...
It has been quite the session with a ton of bills that have huge ramifications for property owners throughout Colorado. The proposals ranged from increasing taxes on nightly rentals, evictions protections, habitability, right of first refusal and various others. The...
Steamboat voters reject a 24 million dollar donation for a new affordable housing project that was slated to be the largest in the state. Why did Steamboat walk away from the project? Why is this rejection important for other mountain communities and what does...
Once again, as the legislature returns, the first order of business is housing and a recent bill “just cause for eviction” just passed that will rock the real estate industry. The recent proposal seems innocuous: “just cause for eviction” and yet hidden in the depths...
