2022 Colorado real estate predictions, mid-year update; the party continues in some markets

2022 Colorado real estate predictions, mid-year update; the party continues in some markets

Allot has changed in the last six months.  Interest rates have skyrocketed, appreciation has continued, and inflation continues to roar.  How does this impact my prior Colorado real estate predictions?  Where does Colorado real estate go in 2022?  Will the staggering...
Breckenridge plunges 28%, Steamboat down 22%; what is causing the huge slowdown?

Breckenridge plunges 28%, Steamboat down 22%; what is causing the huge slowdown?

It is not surprising that Colorado ski towns like Breckenridge and Steamboat are finally slowing down.  After years of double-digit price gains, are the mountains finally turning a corner?  Is the big slowdown due to the nightly rental regulations restricting the...
Big changes to Aspen nightly rentals: no new permits, impact on property values

Big changes to Aspen nightly rentals: no new permits, impact on property values

Aspen is following Breckenridge’s lead with substantial changes to Aspen nightly rental regulations.  Aspen is proposing a cap on the number of units along with a cap on the number of rental days allowed.  How will this impact real estate prices in...
Colorado mountain towns can use tourism taxes for whatever they want; impact on real estate

Colorado mountain towns can use tourism taxes for whatever they want; impact on real estate

Currently in mountain towns throughout Colorado lodging taxes must be used for tourism marketing.  This week Governor Polis just signed a monumental bill into law that allows towns to use only a small portion for lodging and the rest for other items.  What does this...
Breckenridge plunges 28%, Steamboat down 22%; what is causing the huge slowdown?

Ukraine impact on Colorado ski real estate

What a few weeks it has been.  The stock markets have been up, then down.  Interest rates have also spiked only to fall shortly thereafter.  I’ve been asked by several realtors in various ski towns, what is the impact of Ukraine and real estate prices in Colorado. ...
Breckenridge plunges 28%, Steamboat down 22%; what is causing the huge slowdown?

What will cause Colorado ski real estate prices to fall

If you’ve been reading the news, it seems to be everywhere, complaints against vail resorts are plastered all over the media.  With Vail the largest owner of resorts in Colorado and the United States will this derail the real estate party in ski towns or is there...