Top 2 Colorado ski town investments 2020 & Coronavirus impact

Top 2 Colorado ski town investments 2020 & Coronavirus impact

2020 is shaping up to be an interesting year in the ski industry.  The ski industry was abruptly cut short in April with Vail resorts losing 200m and Alterra getting sued for closing early. What does this mean for ski real estate?  Where should you invest now based on...
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...
Crested Butte ski resort (Gunnison) kicks out 2nd homeowners.

Crested Butte ski resort (Gunnison) kicks out 2nd homeowners.

Gunnison county, home to Crested Butte ski resort, issued an order banning non resident visitors and homeowners from remaining in the county during the pandemic.  This is the first city in Colorado and possibly the country to ban property owners.  Furthermore, Clear...
Marijuana legalization reason 27% of realtors cite decrease in values

Marijuana legalization reason 27% of realtors cite decrease in values

The National Association of Realtors released their  “marijuana and real estate- a budding issue”  research paper that found that 27%  of realtors had seen a decrease in property values near dispensaries, while 12% has seen an increase in values.  What does this mean...
Metro Denver counties win supreme court approval to limit growth

Metro Denver counties win supreme court approval to limit growth

After being tied up in litigation, the Colorado Supreme Court just authorized a new anti growth initiative to substantially limit growth within the 11-county metro area (from CO springs to Ft. Collins) and all the cities/towns within. The new initiative limits new...