Colorado Ski towns gentrified years ago impact on real estate

Colorado Ski towns gentrified years ago impact on real estate

  I wrote a few weeks back about how Denver Colorado is the second fastest “gentrifying” area in the country just behind San Francisco.  Nobody has really talked about it but “gentrification” is happening (already happened in most ski towns) at an even faster...
Walmart, Costco, Whole foods; which skier are you?  How does this impact real estate?

Walmart, Costco, Whole foods; which skier are you?  How does this impact real estate?

  The ski industry has been on a wild ride since the resorts were shut down last March.  Mountain real estate has been on a tear and summer visitation has been off the charts.  What does this mean for the upcoming ski season?  How are the resorts adapting due to the...
Aspen hits a peak? Will the bubble burst?  Which ski town is most at risk?

Aspen hits a peak? Will the bubble burst?  Which ski town is most at risk?

The data is staggering in three months from June through August, the median home price in Aspen for a single family home doubled, with the average sales price north of 7 million.  Has Aspen hit a peak?  How do the other Colorado ski towns compare?  Are we at risk of a...
Walmart, Costco, Whole foods; which skier are you?  How does this impact real estate?

One Colorado ski town making drastic changes on nightly rentals

  Aspen is leading the way in regulating short term rentals.  The five-member board unanimously approved a policy resolution that would allow amending the municipal land-use code to require vacation rental properties to acquire a business license.  On the surface...
Ready for a 60% increase in Colorado property taxes?

Ready for a 60% increase in Colorado property taxes?

I saw a headline that property taxes would decrease 18%, I was skeptical to say the least and you should be too. Colorado is unique in how property taxes are calculated requiring a balance between commercial and residential property taxes, with commercial values...
Colorado Ski real estate declines

Colorado Ski real estate declines

I hope everyone had a great summer, this is Luna accompanying me on an inspection in Colorado style 😊 I have recently written about ski real estate setting records for both prices and volumes, but not all ski real estate is following the same pattern.  What...