Did Breckenridge implement rent control? Did Summit County take “property rights”?

Did Breckenridge implement rent control? Did Summit County take “property rights”?

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 that the new...
Second homeowners charged higher property taxes in Colorado

Second homeowners charged higher property taxes in Colorado

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 paying...
Live like a local, pay hotel property taxes on nightly rentals

Live like a local, pay hotel property taxes on nightly rentals

Big changes in store for Colorado real estate in the upcoming legislature   Colorado Governor Polis, in a recent interview, called short term rentals paying residential rates a “loophole” that he supports closing.  “Residential properties that work like hotels...
Colorado mortgage payments set to skyrocket even if you have a fixed mortgage

Colorado mortgage payments set to skyrocket even if you have a fixed mortgage

Nobody is talking about the impending storm coming for Colorado property owners.  Even with fixed rate mortgages, payments are set to skyrocket next year.   What will cause everyone’s payments to jump in 2024 on top of large increases already for 2023 (hint, look at...
Vail sues Vail, town of Vail  has resounding win; what does this mean for real estate?

Vail sues Vail, town of Vail  has resounding win; what does this mean for real estate?

First, I had to share the joke above.  For anyone that lives or spends time in the mountains it is unfortunately very relatable😊 It is a bit ironic (and confusing) as the company Vail resorts sues the city that its name originated from.  The suit...
What Colorado ski town is outperforming others : Which Colorado ski town is the best investment?

What Colorado ski town is outperforming others : Which Colorado ski town is the best investment?

As I predicted, we are starting to see some big changes in Colorado ski real estate.  Even as prices in many markets throughout the country are staying flat, some Colorado ski real estate is still increasing while others are starting to correct.  What is causing the...