Colorado Tourism breaks records, Companies in Denver are racing for the exits

Colorado Tourism breaks records, Companies in Denver are racing for the exits

The recent tourism data shows visitors spent over 28 billion dollars visiting Colorado.  At the same time more business are packing up shop and heading for greener pastures.  Why the diverging fates for tourism and businesses.  Is the trend of increasing tourism and...
Crested Butte drops 13% is this signaling a reset in ski prices

Crested Butte drops 13% is this signaling a reset in ski prices

The most recent data in Crested Butte tells an interesting story.  Single family homes continued to increase in value while town home median prices have decreased 13%.  What is happening in Crested Butte and other mountain towns causing property declines?  Why are...
6 CO ski towns rentals effect on estate

6 CO ski towns rentals effect on estate

Voters in Steamboat Springs, Aspen, Dillon, Glenwood Springs, Carbondale, and Summit County will all decide whether to impose additional taxes, with at least part of those funds in each municipality going to support affordable housing. What are the new short term...
New impact fees in Colorado without a vote: ready to pay 50k more to build a commercial building?

New impact fees in Colorado without a vote: ready to pay 50k more to build a commercial building?

A lot happened last legislative session and I totally missed a recent law that could have huge impacts on property owners.  A new Colorado law that went into effect in May allows fire districts to levy “impact fees” on any property without a vote.  What does this mean...
Vail resorts falls to 4 year low what does this mean for CO ski real estate

Vail resorts falls to 4 year low what does this mean for CO ski real estate

Over the last 5 years Vail resorts stock has lost – 23% substantially below the S&P which means Vail has underperformed the market by almost 40%.  Why the sudden drop in Vail resorts stock?  What does this drop mean for Colorado ski real estate?  Is the ski...
Another property tax compromise, 2 tax ballot questions pulled

Another property tax compromise, 2 tax ballot questions pulled

Will Colorado property owners actually see real property tax relief?    Property owners are fed up with the run away increases in Colorado property taxes and yet the legislature has done very little.  The governor and legislature blinked from the threat at the ballot...