Cars, tents, vessels now considered homesteads; big impacts on real estate and property owners

Cars, tents, vessels now considered homesteads; big impacts on real estate and property owners

Thanks to one of our readers, Randy, for bringing the recent homestead exemption legislation to my attention as the changes are profound and yet there has been zero media coverage.  The Colorado legislature has just passed a new bill radically changing the meaning of...
Housing top priority for Colorado legislature, tax nightly rentals as commercial

Housing top priority for Colorado legislature, tax nightly rentals as commercial

Housing affordability top priority for Colorado legislature,  will they tax nightly rentals as commercial properties? “My No. 1 priority this session is to bring down the cost of living in Colorado,” House Speaker Alec Garnett, a Denver Democrat, said in his opening...
Vail resorts stock drops 22% from peak; impact on Colorado ski real estate

Vail resorts stock drops 22% from peak; impact on Colorado ski real estate

Vail, the largest owner of ski resorts not only throughout the world but also in Colorado, has dropped 22% while other hospitality stocks have been rising at double digit rates.  Why is Vail stock dropping so much?  What impact will this have on ski real...
Which Colorado ski town is best investment: I rank each one

Which Colorado ski town is best investment: I rank each one

I’m constantly asked: “what is the best place to buy ski real estate in Colorado”.  What are the key drivers of “value” for ski real estate?  I think most people would agree that we are somewhere near a peak in real estate for this cycle, so it is important to answer...
Big changes coming to Colorado landlord tenant laws; tenants in the drivers seat; costs skyrocket, are you ready? 

Big changes coming to Colorado landlord tenant laws; tenants in the drivers seat; costs skyrocket, are you ready? 

There are two big laws coming into effect 1/1/2021 that will drastically alter Colorado’s Landlord tenant laws.  HB21.1121 and SB21.173.  Each have large changes in what a landlord can or cannot do and defenses a tenant can easily make to not pay rent.  Are you ready...
Aspen suspends new construction permits and new nightly rentals

Aspen suspends new construction permits and new nightly rentals

In an emergency ordinance, Aspen city council unanimously implemented radical changes to any new construction, remodeling, and expansion of  a property.  Furthermore, the ordinance halted all new nightly rental permits.  Why did the city implement this emergency...