One ski town goes all in on taxing second homeowners more

One ski town goes all in on taxing second homeowners more

After the legislature last year approved the ability to tax second homeowners more, one ski town is going all in establishing a “vacancy tax” for property owners.  Ironically nightly rentals can be considered “vacant”.   What is in the new Vacancy tax...
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...
Closing volumes plummet in Denver, did they really?

Closing volumes plummet in Denver, did they really?

  I’ve heard from every realtor that 2024 was a tough year in Colorado, interest rates were high and closing volumes plummeted, look at the chart above of Denver it tells a much different story, but is that the whole story.  Are volumes actually down regardless...
Who really owns nightly rentals in CO, the answer will surprise

Who really owns nightly rentals in CO, the answer will surprise

The primary argument in nightly rental regulation debates is that locals who rent their properties would not be able to stay in the community so any regulations would drastically hurt locals. How true is this argument?  A new study sheds substantial light on this...
4 golden rules of Ski investing

4 golden rules of Ski investing

I learned the hard way about investing in mountain towns.  I successfully lost over 100k on my first ski investment property!  Hindsight 20/20 I violated 1 of the 4 golden rules of investing in mountain property.  I developed these 4 rules after evaluating thousands...