Median income soars in CO mountains, is 150k/year income affordable housing

Median income soars in CO mountains, is 150k/year income affordable housing

It is likely no mystery that the Colorado ski towns are getting considerably more expensive, but the recent data released by  HUD is eye opening. HUD releases income figures every year based on census data and other factors, such as the rate of inflation. What do...
Tax bills double in  CO mountain towns, new legislation doesn’t help, you can reduce your taxes   

Tax bills double in  CO mountain towns, new legislation doesn’t help, you can reduce your taxes   

Our legislative branch and Governor have touted a new proposal to drastically reduce property taxes after they have skyrocketed due to increasing values and the elimination of the Gallagher amendment.  Unfortunately the new bill will not help the overwhelming...

Big changes in mountain real estate, volumes drop, but there is one big surprise

Although March is typically not a big sales time in the mountains with mud season and the resorts closed, there are some interesting trends emerging.  As suspected single family homes sales volumes have dropped dramatically along with median and average sales...
“Apparently we are too stupid”; Colorado Mayors Blast Polis’ statewide zoning proposal

“Apparently we are too stupid”; Colorado Mayors Blast Polis’ statewide zoning proposal

With a supermajority, the legislature has been busy crafting bills that will radically alter the real estate landscape.  The recent proposal allows the state to dictate zoning in every county throughout Colorado and eliminate single family zoning. Colorado mayors...
Big changes to traffic patterns and Colorado mountain real estate post Covid

Big changes to traffic patterns and Colorado mountain real estate post Covid

Anyone who has ventured into any Colorado ski town recently has noticed a profound change since Covid.  Everything seems to be busy all the time, prices have skyrocketed, and longtime locals are quickly priced out.  What is causing the swift changes and what...
Aspen adopts some of the strictest building codes in state, impact on real estate   

Aspen adopts some of the strictest building codes in state, impact on real estate   

A local HVAC contractor said of the new code “This is like a really obese person drinking a 12-pack of Diet Coke and feeling good about themselves.”  What is in Aspen’s new building code proposal?  What impact will this have on new construction, property values, and...