With the failure of proposition HH, the Colorado legislature is on the hunt for tax revenue and nightly rentals are in the cross hairs. Not surprisingly, the recent proposal to quadruple taxes on nightly rentals recently passed out of Colorado…
What does the increased tension between Vail and ski towns mean for real estate? Vail, the owner of major ski resorts and the epic pass, is selling approximately 86% more passes than in 2019. At the same time mountain…
Denver office vacancy exceeds 30% for first time since 1990’s In 2019 office vacancy stood around 16%, lower than the national average. Fast forward and Denver office vacancy has almost doubled to over 30%. Why is the vacancy rate…
A federal judge has effectively frozen a legal battle over Summit County’s short-term rental regulations — at least temporarily — after county officials filed a motion to dismiss a lawsuit brought by area homeowners. One of the claims of homeowners is…
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…