Crested Butte Beats Airbnb; impact on real estate; case study for mountain towns

Crested Butte Beats Airbnb; impact on real estate; case study for mountain towns

Airbnb sent out an urgent request to hosts to: “ We urgently need your involvement NOW,” the email stated as it instructed hosts how to provide public comment. “It is critical to speak up against the proposed moratorium on all new permits.” The town of Crested Butte...
Has a cold front moved into Denver real estate? Are the mountains next?

Has a cold front moved into Denver real estate? Are the mountains next?

Metro Denver’s housing market has been changing in recent weeks, much like a cold front ending record heat, and could provide significant relief for buyers if this continues, local real estate agents say. The market has started moving in the past two to three weeks...
Are Colorado mountain towns “closing the doors” impact on tourism and real estate        

Are Colorado mountain towns “closing the doors” impact on tourism and real estate        

Travel Crested Butte put up a social media post last weekend that messaged Crested Butte was not all sunshine and rainbows. “As beautiful and breathtaking as Crested Butte is, the community you love to visit is hurting,” This is not your typical warm and fuzzy...
New tax plan in Congress will hit Colorado real estate hard.

New tax plan in Congress will hit Colorado real estate hard.

Colorado real estate is on a tear, with appreciation off the charts.  In Denver appreciation is up 25% year over year.  Unfortunately, all this appreciation could cause some large tax hits based on the new legislation.  How will the new legislation...
Where does Colorado real estate go from here as Covid subsides?

Where does Colorado real estate go from here as Covid subsides?

Wow, what a wild ride Colorado real estate has been on the last year.  The statistics are astounding!  Denver county average sales price is up almost 30% year over year while days on the market has plummeted 40%.  In the mountains, in places like Summit County prices...
Rent control ordinance passed in Colorado; Cities scramble to implement, Affordable housing declines, Who pays?

Rent control ordinance passed in Colorado; Cities scramble to implement, Affordable housing declines, Who pays?

It is no secret that rent in Denver and throughout the state has increased.  A one bedroom in 2010 leased for 800, fast forward to 2021, that same one bedroom is now leasing for 1646 a month, a 106% increase.  The legislature has taken up the fight with hb21-1117...