Alterra (Ikon) buys Arapahoe Basin, impact on ski real estate

Alterra (Ikon) buys Arapahoe Basin, impact on ski real estate

Alterra Mountain Company has announced that it has entered into an agreement to purchase Arapahoe Basin in Colorado, from Dream Unlimited Corp., expanding Alterra’s portfolio of destinations in the Rockies.  What does this mean for real Colorado ski real estate? ...
Colorado has highest debt per person of any state

Colorado has highest debt per person of any state

What does Colorado’s debt load mean for real estate prices? I was surprised to see Colorado exceed every other state in the country on both the amount of debt and debt as a percentage of income.  Why do Coloradoans have more debt than others?  Why is debt an important...
Second homeowners charged higher property taxes in Colorado

Second homeowners charged higher property taxes in Colorado

Although HH, the Colorado tax reduction initiative was ultimately defeated, there was one profound item in the legislation that will have far reaching impacts.  One of the biggest changes in the proposal is that second homeowners (non-primary residents) are now paying...
Ready for Colorado property taxes to increase 35%

Ready for Colorado property taxes to increase 35%

    With much fanfare, CO legislators met in a special session to focus on tax relief once again after the searing defeat of HH.  As suspected, the agenda was filled with allot of stuff not related to property taxes (Tabor checks, low income tax credits,...
Real Colorado property tax reduction on the ballot in 2024

Real Colorado property tax reduction on the ballot in 2024

I wrote last week about proposition HH to eliminate Tabor under the guise of property tax relief.  It is a bit ironic that it was just announced that there is a new property tax initiative that qualified for the 2024 ballot, initiative 50.  The new initiative would...
Will real estate crash in Colorado? Where should you not invest in Colorado?

Will real estate crash in Colorado? Where should you not invest in Colorado?

The good times continue to roll on. Inventory is down and prices are stabilizing and still increasing in some markets. When will there be a reset in Colorado real estate prices.  What happens when this cycle ends?  Are there opportunities currently?  Where will new...