Sales tax revenue doubles in Breckenridge, up 50% throughout Colorado, What’s next in mountain real estate?

Sales tax revenue doubles in Breckenridge, up 50% throughout Colorado, What’s next in mountain real estate?

  Breckenridge, Steamboat, Vail, Winter Park, and Telluride  have all achieved record sales tax revenue this season.  You aren’t imagining it, the mountains are getting busy!  What is driving these all-time records? How does this impact real estate? Will...
2018/19 epic snow and revenue for ski towns, one number paints a different picture

2018/19 epic snow and revenue for ski towns, one number paints a different picture

The 2018/19 season was Epic (or Ikonic depending on your pass preference) with every major resort posting record sales tax revenue, occupancy, and lodging rates.  At the same time real estate continued to skyrocket in most mountain communities.  With all this good...

The light is not flashing Green; what is going on with Cannabis real estate?

Denver “legalizes” mushrooms,  more communities become open to Cannabis, corporate America comes knocking, Cannabis real estate quickly goes from green to red.  What is going on?  Why the shift in cannabis real estates fortunes?  What specific property types will be...

Breckenridge extends ski season to Memorial day, should real estate owners get excited?

Vail resorts, the owner of Breckenridge, Vail, Keystone, and Crested Butte, announced that Breckenridge would stay open until Memorial Day (one month longer than their original closing date).  They will close one month later in future years.  At the same time, they...
Be careful in one Colorado ski town: which one has higher risk during the next recession

Be careful in one Colorado ski town: which one has higher risk during the next recession

One ski town has been on my top list of investments for multiple years.  I highlighted this resort as one of the “best buys” in Colorado real estate. The new owners have invested over 40 million and real estate values have soared.  Unfortunately, this same resort is...