Summit County sued for caps  on nightly rentals, who won the lawsuit?

Summit County sued for caps  on nightly rentals, who won the lawsuit?

A federal judge had effectively frozen a legal battle over Summit County’s short-term rental regulations — at least temporarily — after county officials filed a motion to dismiss a lawsuit brought by area homeowners. One of the claims of homeowners is that the new...
Breckenridge’s Struggles: Underperforming Among Ski Towns

Breckenridge’s Struggles: Underperforming Among Ski Towns

When looking at the chart above it is clear that Breckenridge is substantially underperforming other ski towns in Colorado.  Why has Breckenridge peaked and fallen while other ski towns hit a blip and powered higher?  What does this mean for ski real estate in...
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 Colorado ski town buyers pay realtors 70k upfront?      

Will Colorado ski town buyers pay realtors 70k upfront?      

The recent settlement by the national association of realtors will have an outsize impact on Colorado ski towns.  Will prospective buyers pony up 70k to pay their buyers agent based on the median home price in Summit County?  What does the recent settlement mean for...
Colorado property values soften.  Property taxes increased 36%-82%

Colorado property values soften.  Property taxes increased 36%-82%

Get ready for sticker shock as you open the mail and get your tax bill.  As values soften throughout the state, why are your property taxes going up?   How can assessed values continue to increase even though property values are softening?  Why will your taxes likely...
Bill to quadruple taxes on short term rental passes out of committee

Bill to quadruple taxes on short term rental passes out of committee

With the failure of proposition HH, the Colorado legislature is on the hunt for tax revenue and nightly rentals are in the cross hairs. Not surprisingly, the recent proposal to quadruple taxes on nightly rentals recently passed out of Colorado legislative committee...