Low snow year impact on Colorado ski real estate

Low snow year impact on Colorado ski real estate

Colorado is having a tough year.  Snowfall was down nearly 60% over the holidays, resulting in only about 11% of skiable terrain being opened in December and skier visits are down 20%.  Vail resorts, the largest ski operator, is getting hit hard as seen in the stock...
Steamboat vs Vail, let the tax wars begin.  Which city has a better solution?

Steamboat vs Vail, let the tax wars begin.  Which city has a better solution?

Two high end Colorado ski towns are taking radically different stances on tourism.  Vail  had proposed a 17% short term rental sales tax, while Steamboat is taking the opposite approach by proposing to tax vacant homes.  Which solution is correct?  What does each one...
Are Colorado ski towns running a Pyramid scheme?

Are Colorado ski towns running a Pyramid scheme?

Colorado ski towns are promising high returns from tourism to fund just about everything from roads to affordable housing and everything in between.  The theory is that increasing tourism will essentially solve every budget desire in each ski town.  What does this...
Biggest mistake by Colorado property owners in wildfires

Biggest mistake by Colorado property owners in wildfires

When I was writing this, there were 10 wildfires burning throughout Colorado (above is a pic of the Derby fire north of Vail), can you avoid the biggest mistake for a property owner; do you know what the biggest mistake is?   Being a lender in Colorado for the last 25...
The town of Nederland buying Eldora ski resort impact on real estate

The town of Nederland buying Eldora ski resort impact on real estate

I was surprised to see the news that Eldora, in Boulder County, is up for sale.  What caused the sale of Eldora.  What does this mean for real estate in Nederland, CO?  Why is the town of Nederland buying a ski resort?  Is this even a good idea?  Are property owners...