What is the main culprit for increasing prices in ski towns? The list is endless but typically at the top is the huge increase in nightly rentals and the big bad mega passes bringing more people to the ski towns. Unfortunately, this answer is incorrect, it is a...
If anyone were running a profitable business the way the state of Colorado operates, they would be out of business immediately. Colorado has created new programs that now lose ten dollars for every dollar in revenue. What does this mean for your taxes, real estate,...
The Colorado legislature just voted for the largest tax increase in Colorado’s history. As you suspect they are framing this as a tax increase “without increasing taxes”. Essentially the new ballot initiative will allow the state to eliminate the taxpayer...
Colorado has gone from red to purple, to now ultra blue. The headline in the Wall Street Journal says it all. Not only did a socialist win for Congress, but the governor’s race also went much farther left than predicted. Will changes in Colorado laws...
Crested Butte, CO it the latest to propose a vacancy tax with one major shift, nightly rentals would be covered by the new tax along with second homeowners. Who knew that Colorado ski towns would be taking economic lessons from Portland Oregon,one of the worst...
Colorado is losing businesses and jobs at an alarming rate. The Colorado Chamber of Commerce has been sounding an alarm for years about excessive regulation and last year more people moved out of Colorado than into the state. Not only are people leaving but...
Reading the headline, it sounds absolutely crazy to propose taxing businesses for creating jobs, but is this really a crazy idea? Is every job worth the same in Colorado? For example if someone builds a large hotel in Steamboat creating 15 jobs, should the developer...
The legislature is back at it again, thinking that they are going to solve the housing crisis by even more regulations and expense on property owners. The new proposal (HB 26-1106) will essentially ban evictions in many towns and quadruple the cost of evictions...
2025 was the year for housing in the Colorado legislature; the underlying theme is that more regulation of everything will somehow bring costs down. Unfortunately the opposite is occurring with many lower priced rentals drastically increasing prices to comply with...
After the Marshall fire, the state of Colorado embarked on a process to eliminate private property insurance. The first step the legislature took was to implement a study of why clean up from wildfires was inadequate and why insurance companies should be on...
2026 looks like it is going to be a quite interesting year. Is it a rinse and repeat of 25? Inflation is remaining sticky, interest rates are high, while property taxes and insurance bills have skyrocketed throughout Colorado. There is a ton of negative news coming...
There is yet another law coming out of the Colorado statehouse on affordable housing. This new law allows state and local governments the first right of refusal on most multifamily property and requires notice to the government of any intent to sell prior to listing...
Our legislature recently enacted a new law that will impact large property owners starting this year. Who is impacted by the “Decarbonization law” Who will be paying millions for building upgrades (hint not the government)? Who will be on the hook for fines up to...
Cannabis was the new goldmine for many years. Unfortunately, the high does not last and is turning more into a hangover. The napa valley of pot is no more. What led to the bust of the Napa valley of pot? Who are the winners and losers in the new paradigm? ...
In Colorado you will be receiving your new tax assessment in the next few weeks (typically the beginning of May) and time is of the essence as you have a limited window if you want to fight your tax value. Your taxes are likely going up even though the market...
Wow, how skiing has changed over the last decade. Assuming a family of 4, a full ikon pass will cost almost $5k/year and that is before you take a bite of an overpriced slice of pizza!. On the flip side, an epic pass for 4 will be closer to 4k/year. What do the...
The above is a picture of what we found in a property we were involved in; needless to say they did not get their security deposit back due to some huge electrical problems, water issues, etc....! Although, all eyes and media attention seems to be...
When you look at the chart above of single family homes, there is a major outlier in red. What is happening in Colorado Springs? Is Colorado Springs a warning for real estate throughout Colorado. On the flip side look at Glenwood Springs (orange) it is...
The Colorado Rocky Mountains were blessed with abundant snow over the holiday season and unfortunately ski traffic was also brimming with accidents snarling traffic throughout the high country. At one point I saw i70 shut down an entire day leading to 90...
I learned the hard way about investing in mountain towns. I successfully lost over 100k on my first ski investment property! Hindsight 20/20 I violated 1 of the 4 golden rules of investing in mountain property. I developed these 4 rules after evaluating thousands...
Having lived and worked in the Colorado mountains for almost 25 years I have witnessed first hand the radical transformation that has occurred in every single ski town. How have ski town demographics changed? Is the moose a harbinger for big changes in each mountain...
Zillow analyzed appreciation over the last 4 years (basically the pandemic real estate gold rush) to see the cumulative appreciation. Which markets performed the best and which ones the worst in Colorado and even more importantly why? Why are some markets hotter...
In April, Denver County recorded the largest number of eviction filings in one single month. There were 1,665 eviction filings, compared to 1,038 in April 2023 and 576 in April 2022. Why the sudden huge jump in eviction filings? Is this a trend or just a...
It is crazy to talk about prices moving higher in Colorado’s high country while rates are staying double their lows. Why is ski real estate poised to head higher despite everything else going on in the economy? What is the key driver to watch for ski real estate? ...
