Colorado ski real estate doubles, will there be a drop on the other side? 5 factors that will shape the future

Colorado ski real estate doubles, will there be a drop on the other side? 5 factors that will shape the future

The amount spent on real estate in six of Colorado’s resort-anchored counties doubled from 2019 to 2021. Average prices in Eagle, Grand, Pitkin, Routt, Summit, and San Miguel in 2021 were up 57% from 2019.   Where does Colorado ski real estate go from...
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...
Freedom to Wade, huge changes to CO private property	rights

Freedom to Wade, huge changes to CO private property rights

Colorado has always been a bit unique on who can access rivers and where.  There is a recent case ruling that drastically upends the status quo and could radically alter private property rights. If you own a property or have a lease on a property that has live...