In my blog last week Is affordable housing causing the surge in ski town home prices? I asked the question what was the impact on affordable housing in relation to ski prices . I was pretty surprised at the resounding answer regarding affordable housing What...
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...
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...
This week, U.S. News and World report again released its popular ‘best places to live’ ranking, and once again, Colorado got snubbed in a big way. Just two short years ago Colorado Springs ranked as the 3rd-best place to live in the United States in the same report...
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...
Instead of cutting bloat from the Colorado Government there is a new proposal to help the state spend even more by doubling the state income tax rate on “wealthy taxpayers”. The theory is who doesn’t want free money; someone else is going to pay. What...
In a stinging defeat Lakewood Colorado voters easily defeated by a 2 to 1 margin proposed zoning changes that would have allowed duplexes and triplexes anywhere in the city. The special election vote strikes a blow against those who have been pushing for more density...
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...
With the stroke of a pen, President Trump has radically altered federal law in regard to Cannabis. The big news is that Marijuana is no longer in the same classification as heroin. What does this mean for Colorado’s Cannabis industry? How will this impact Colorado...
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...
Look at the chart above, the debt carried by Colorado’s residents is higher than any other state in the country including expensive states like California, NY, etc. The largest factor is mortgages but also note a stark increase in variable debt (credit cards,...
A ton of big economic changes have occurred during the first half of the year including tariffs, higher than predicted interest rates and now substantial recession talk. What does this all mean for Colorado real estate for the remainder of 25? Will prices...
First, thank you to everyone who reads my blogs and has contacted your legislatures and various associations to ensure that the real estate industry is being heard at the Colorado Capital. Many of the original proposed bills have been...
Why is Steamboat Springs leading the way? Although in the last legislative session the initiative to charge second homeowners more was defeated, it is rearing its head again in the form of a new backdoor “vacancy tax”. The leaders of this new push are the Colorado...
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...
I’ve heard from every realtor that 2024 was a tough year in Colorado, interest rates were high and closing volumes plummeted, look at the chart above of Denver it tells a much different story, but is that the whole story. Are volumes actually down regardless...
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...
I continue to hear that Colorado has a huge shortage of housing, at the same time Colorado just reached a milestone where current inventory handily surpassed prepandemic levels. What do the 6 states have in common with the biggest increases in inventory? What does...
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...
Will Colorado property owners actually see real property tax relief? Property owners are fed up with the run away increases in Colorado property taxes and yet the legislature has done very little. The governor and legislature blinked from the threat at the ballot...
With three wildfires burning in the front range as I write this and thousands evacuated, it is crucial to know the number one mistake that is made in a wildfire disaster. Do you know what the significance of the picture of the government facility above? Being a...
Every time I open the news, I’m amazed at what is happening in the Colorado legislature. As a rental property owner, I cringe as it is becoming next to impossible to cost effectively operate a rental property. The new law is titled “safe housing”. Who doesn’t want...
After stunning defeats last year, the Colorado governor and legislature have broken apart the large bill into smaller parts that have each passed. Two new land use bills passed that take away local government control and hand it to the state of Colorado. The new...
