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

Breckenridge records lowest occupancy rates since 2015; will real estate follow?

  The headline in the Summit Daily sound ominous: Summit County servers stung by lack of visitors with lowest occupancy rates since 2015.  From the headlines it sounds like Breckenridge is in a free fall.  Is it really? What is going on in Breckenridge...
Will higher interest rates impact Colorado ski real estate? One market down 71%

Will higher interest rates impact Colorado ski real estate? One market down 71%

Depending on the Colorado ski town, cash transactions make up between 30-75% of all closed transactions.  With this many cash transactions, what do rising interest rates mean for sales in the various ski towns.  Will there be a slow down  in ski real...
New Short Term rental tax 20.4%, what does this mean for real estate?

New Short Term rental tax 20.4%, what does this mean for real estate?

While other mountain towns implemented taxes and regulations on short term rentals, Steamboat was a bit late to the party.  Locals were not happy and elected a new council.  The new ballot question will raise the short term rental tax to 20.4%.  Will this pass in...