6 CO ski towns have short term rentals on ballot; what does this mean for real estate

6 CO ski towns have short term rentals on ballot; what does this mean for real estate

Voters in Steamboat Springs, Aspen, Dillon, Glenwood Springs, Carbondale, and Summit County will all decide whether to impose additional taxes, with at least part of those funds in each municipality going to support affordable housing. What are the new short term...
Denver values up 13%, Summit up 23% for the year, the chart should scare you!

Denver values up 13%, Summit up 23% for the year, the chart should scare you!

The Summit Daily recently posted an article that Fall is a great time to hike a 14er.   I took the pic below of a 13k foot peak the same week the article came out.  Probably not a good time to attempt a peak ascent in the snow. The article on 14ers is eerily similar...
How to increase your Colorado Zestimate 300% with a simple step; 4 tips to determine the correct value

How to increase your Colorado Zestimate 300% with a simple step; 4 tips to determine the correct value

I was recently looking at a property in Colorado and looked up its Zestimate (above)… it is a miracle that the Zestimate suddenly increased 300% with no changes to the property. I’ll bet 900 million that the Zestimate is not accurate.  Why did the Zestimate jump so...
Ruling in Louisiana court halts Frisco’s plan for short term rentals

Ruling in Louisiana court halts Frisco’s plan for short term rentals

  Frisco had originally planned to offer a “locals” only license classification for short term rentals.  A new ruling in Louisiana put these plans on hold and could jeopardize many other communities short term rental laws.  What was in the ruling and...
Steamboat’s occupancy plummets, revenues soar, what is going on?

Steamboat’s occupancy plummets, revenues soar, what is going on?

Steamboat’s occupancy rate “supposedly” plummets 13% from last year, yet accommodation taxes are up an astonishing 48%.    Why is it important to focus on occupancy and sales taxes? How accurate are either of these numbers?  What does this mean for...
58% of sellers in Denver drop prices; inventory rises 94%; what does this mean for Colorado real estate values?

58% of sellers in Denver drop prices; inventory rises 94%; what does this mean for Colorado real estate values?

  Don’t be surprised by the recent numbers.  I mentioned months ago that many Canadian markets changed on a dime and the same would happen in major US cities.  A recent Redfin report showed that Denver ranked second behind Boise in price drops amongst 97 cities. ...