Colorado Tourism breaks records, Companies in Denver are racing for the exits

Colorado Tourism breaks records, Companies in Denver are racing for the exits

The recent tourism data shows visitors spent over 28 billion dollars visiting Colorado.  At the same time more business are packing up shop and heading for greener pastures.  Why the diverging fates for tourism and businesses.  Is the trend of increasing tourism and...
Big changes in Colorado real estate, every major market impacted

Big changes in Colorado real estate, every major market impacted

Wow, it seems Colorado real estate has turned on a dime.  Even with interest rates coming down inventory is increasing throughout the country. What does this mean for Colorado real estate?  When I zoom into some of Colorado’s biggest cities, there is one other trend...
6 CO ski towns rentals effect on estate

6 CO ski towns rentals effect on estate

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...
Vail resorts falls to 4 year low what does this mean for CO ski real estate

Vail resorts falls to 4 year low what does this mean for CO ski real estate

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...
Will ski real estate prices move higher later this year?

Will ski real estate prices move higher later this year?

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? ...
Will nightly rentals be taxed as commercial properties in Colorado? Did it pass?

Will nightly rentals be taxed as commercial properties in Colorado? Did it pass?

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...