Crested Butte drops 13% is this signaling a reset in ski prices

Crested Butte drops 13% is this signaling a reset in ski prices

The most recent data in Crested Butte tells an interesting story.  Single family homes continued to increase in value while town home median prices have decreased 13%.  What is happening in Crested Butte and other mountain towns causing property declines?  Why are...
6 CO ski towns rentals effect on estate

6 CO ski towns rentals effect on 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...
Breckenridge’s Struggles: Underperforming Among Ski Towns

Breckenridge’s Struggles: Underperforming Among Ski Towns

When looking at the chart above it is clear that Breckenridge is substantially underperforming other ski towns in Colorado.  Why has Breckenridge peaked and fallen while other ski towns hit a blip and powered higher?  What does this mean for ski real estate in...
Bill to quadruple taxes on short term rental passes out of committee

Bill to quadruple taxes on short term rental passes out of committee

With the failure of proposition HH, the Colorado legislature is on the hunt for tax revenue and nightly rentals are in the cross hairs. Not surprisingly, the recent proposal to quadruple taxes on nightly rentals recently passed out of Colorado legislative committee...
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...
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...