Low snow year impact on Colorado ski real estate

Low snow year impact on Colorado ski real estate

Colorado is having a tough year.  Snowfall was down nearly 60% over the holidays, resulting in only about 11% of skiable terrain being opened in December and skier visits are down 20%.  Vail resorts, the largest ski operator, is getting hit hard as seen in the stock...
Top 10 mountain towns in total free fall

Top 10 mountain towns in total free fall

Have you seen the viral video about Colorado ski real estate where it predicts “entire communities evaporating and the seemingly perfect town that has seen its median home price slashed by over 30% in just 6 months”. How real are these  bold predictions?  Hint, look...
One Colorado city proposes 5k/room in short term rental fees

One Colorado city proposes 5k/room in short term rental fees

    One mountain town just proposed a fee of 5,064/room; the fee for a 4-bedroom house annually for a short-term rental license would be 20k.  According to the study, after looking at local economic data on the workforce, the affordability gap and occupancy...
Ikon and Epic passes increase, will this impact ski real estate?

Ikon and Epic passes increase, will this impact ski real estate?

Wow, how skiing has changed over the last decade.  Assuming a family of 4, a full ikon pass will cost almost $5k/year and that is before you take a bite of an overpriced slice of pizza!.  On the flip side, an epic pass for 4 will be closer to 4k/year.  What do the...
What two factors predict Colorado ski town prices

What two factors predict Colorado ski town prices

Colorado ski resorts continue holding strong in the face of higher interest rates.  Why are interest rates not the best metric for Colorado ski real estate?   What two factors are driving the difference in ski town fortunes?  Will these trends continue heading into...
Which Colorado ski town is the best 2025 investment?

Which Colorado ski town is the best 2025 investment?

As I predicted, we are starting to see some big changes in Colorado ski real estate.  Even as prices in many markets throughout the country are staying flat, some Colorado ski real estate is still increasing while others are starting to correct.  What is causing the...