Median income soars in CO mountains, is 150k/year income affordable housing

Median income soars in CO mountains, is 150k/year income affordable housing

It is likely no mystery that the Colorado ski towns are getting considerably more expensive, but the recent data released by  HUD is eye opening. HUD releases income figures every year based on census data and other factors, such as the rate of inflation. What do...
Big changes to traffic patterns and Colorado mountain real estate post Covid

Big changes to traffic patterns and Colorado mountain real estate post Covid

Anyone who has ventured into any Colorado ski town recently has noticed a profound change since Covid.  Everything seems to be busy all the time, prices have skyrocketed, and longtime locals are quickly priced out.  What is causing the swift changes and what...
Rent Control through the backdoor in Colorado passed the house

Rent Control through the backdoor in Colorado passed the house

Every time I turn around there is yet another proposal to implement rent control.  The newest house bill concerning requiring just cause for an eviction recently passed its first hearing.  On the surface it sounds harmless, but the details are the most...
NYC Spars With Hosts Over New Airbnb Rental Laws, 25% drop in nightly rentals, what does this mean for Colorado

NYC Spars With Hosts Over New Airbnb Rental Laws, 25% drop in nightly rentals, what does this mean for Colorado

I always watch what happens on the coasts to see what is next for Colorado.  Whether it is minimum wage, required sick leave, etc… these all originated from the coasts and migrated to Colorado.  NY’s laws on nightly rentals will soon find their way to...
Colorado’s wildfire risk is so high some homeowners can’t get insured. The state may create last-resort coverage.

Colorado’s wildfire risk is so high some homeowners can’t get insured. The state may create last-resort coverage.

State lawmakers are preparing to introduce a bill in the legislature that would create a state sponsored governmental program offering basic home insurance to the growing number of Colorado homeowners who say they can’t get coverage from private companies because the...
Wild West Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge

Wild West Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge

There is a condo complex in Steamboat Springs, CO where units have precipitously dropped in value overnight while owners cannot sell, refinance, rent, or in many cases use the units.  The units themselves are fine, but there is one huge problem.  What happened in...