Will new Fannie/Freddie rules put the brakes on Colorado ski real estate?

Will new Fannie/Freddie rules put the brakes on Colorado ski real estate?

Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department.  Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly announced...
Vail resorts drops prices 20%,Breckenridge imposes nightly rental moratorium; who wins the battle and the war?

Vail resorts drops prices 20%,Breckenridge imposes nightly rental moratorium; who wins the battle and the war?

I thought it was ironic that Vail resorts announces a giant price drop to increase sales volumes of their passes while at the same time Breckenridge announces a proposed moratorium on nightly rental licenses.  The opposing announcements were not coincidental and...
Breckenridge, Vail, Steamboat get much higher interest rates & locals hit hardest

Breckenridge, Vail, Steamboat get much higher interest rates & locals hit hardest

With interest rates hitting historic lows, why will property owners in Colorado ski towns from Steamboat to Telluride  get much higher interest rates than Denver?  (Do you know where I took this pic?)  Why will locals in the resort communities get hit hardest?  What...
Pending Colorado home sales drop 50%, good news?

Pending Colorado home sales drop 50%, good news?

I hope everyone is doing well.  I wanted to share a bit of irony.  The “call before your dig” line in Colorado was recently out of operation as someone ironically didn’t call before they dug and hit all the lines going into the operation center. On...
Impacts of Coronavirus on Colorado commercial real estate

Impacts of Coronavirus on Colorado commercial real estate

Wow, what a crazy time we are in.  Less than a month ago, I was at Copper Mountain when the Governor announced the closure of all ski resorts.  Shortly thereafter, kids were running around the house with schools closed and most businesses were shuttered or working...
Cash is king, Aspen is better than Steamboat, but Steamboat is better than Breckenridge.

Cash is king, Aspen is better than Steamboat, but Steamboat is better than Breckenridge.

  We all know cash is king, but in real estate this is even more important.  What can the amount of cash tell us about a particular Colorado ski resort market (I took the pic above between Vail and Steamboat)?  How can we use this information to guide our...