2022 Colorado real estate predictions, will the party continue one more year?

2022 Colorado real estate predictions, will the party continue one more year?

Wow, 2021 has been quite the year in real estate.  Statewide, the median home price is now $532,000, up 18.5% from last year. In Summit County (home to Breckenridge, Keystone, etc..) the median home is now 1.6m up almost 30% from last year.  Where does Colorado real...
Live like a local, pay hotel property taxes; big changes in Colorado real estate

Live like a local, pay hotel property taxes; big changes in Colorado real estate

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...
Superstar cities are (probably) immune from WFH, what does this mean for Denver?

Superstar cities are (probably) immune from WFH, what does this mean for Denver?

Google bets 2.1 billion that cities like NY, Denver, Atlanta, etc… are immune from WFH.  What is Google saying with their actions on the future of work from home.  Why are “superstar” cities unlikely to feel much impact from the future of work from...
2022 Colorado real estate predictions, will the party continue one more year?

“Our trajectory is troubling” Breckenridge caps short term rentals, Guide to STR regulations in CO mountain towns

Breckenridge currently has about 4k short term rentals.  At a council meeting last week, legislation was proposed to cap this number at 2200.  What has caused the huge shift in Breckenridge and other mountain towns regarding short term rentals.  What does this mean...
Will the Colorado Mountain Real Estate party continue?  What will cause the slowdown if anything?

Will the Colorado Mountain Real Estate party continue?  What will cause the slowdown if anything?

Wow, it has been quite the run in Colorado Mountain real estate.  Prices have been off the charts with many mountain communities roughly doubling over the last 2 years.  For example in Summit county, home to Breckenridge, the median home price increased from 750k to...
Will the Colorado Mountain Real Estate party continue?  What will cause the slowdown if anything?

Are Colorado mountain towns “closing the doors” impact on tourism and real estate        

Travel Crested Butte put up a social media post last weekend that messaged Crested Butte was not all sunshine and rainbows. “As beautiful and breathtaking as Crested Butte is, the community you love to visit is hurting,” This is not your typical warm and fuzzy...