Two resorts open this week: 5 real estate questions only winter can answer

Two resorts open this week: 5 real estate questions only winter can answer

It’s snow time!  As I’m looking out the window watching snow fall and just read the announcement that Wolf Creek, Arapaho Basin, and Loveland will start spinning their lifts this week, it reminds me of the importance of winter weather on real estate.  In markets like...
50% of Airbnb’s unlicensed in Denver –> Does Lake Tahoe have the answer

50% of Airbnb’s unlicensed in Denver –> Does Lake Tahoe have the answer

According to AirDNA 50% of all nightly rentals in Denver are currently unlicensed and not paying the appropriate taxes.  Denver implemented various rules to try to crack down on nightly rentals requiring all nightly rentals to be a primary residence.  It doesn’t...
Ready for your property taxes to increase 4 times; a new amendment is on the table

Ready for your property taxes to increase 4 times; a new amendment is on the table

The state legislature is considering a bill that would tax residential nightly rentals (any rentals less than 30 days) as commercial properties.  This would change the tax assessment on a statewide level.  On the surface it doesn’t seem like a big deal, but commercial...
Two resorts open this week: 5 real estate questions only winter can answer

30 days to go, Ski visits down 7% in Aspen, ski real estate impact

As ski season is about to start again in under a month (Arapahoe 10/13). I took the pic above of Loveland pass a few weeks ago.  It is important to note what happened in Colorado last year; Llast winter ski visits in Aspen skiing co were down 7% through last December...