Vacancy tax on nightly rentals 7500/unit in major ski town

Vacancy tax on nightly rentals 7500/unit in major ski town

Crested Butte, CO it the latest to propose a vacancy tax with one major shift, nightly rentals would be covered by the new tax along with second homeowners. Who knew that Colorado ski towns would be taking economic lessons from Portland Oregon,one of the worst...
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...
Colorado Napa valley of pot goes up in smoke

Colorado Napa valley of pot goes up in smoke

  Cannabis was the new goldmine for many years.  Unfortunately, the high does not last and is turning more into a hangover.  The napa valley of pot is no more.  What led to the bust of the Napa valley of pot?  Who are the winners and losers in the new paradigm? ...
2025 mid year Colorado real estate predictions, will prices stay flat or fall?

2025 mid year Colorado real estate predictions, will prices stay flat or fall?

  A ton of big economic changes have occurred during the first half of the year including tariffs, higher than predicted interest rates and now substantial recession talk.  What does this all mean for Colorado real estate for the remainder of 25?  Will prices...
2025 New Colorado Real estate laws

2025 New Colorado Real estate laws

        First, thank you to everyone who reads my blogs and has contacted your legislatures and various associations to ensure that the real estate industry is being heard at the Colorado Capital.  Many of the original proposed bills have been...
Ikon and Epic passes increase, will this impact ski real estate?

Ikon and Epic passes increase, will this impact ski real estate?

Wow, how skiing has changed over the last decade.  Assuming a family of 4, a full ikon pass will cost almost $5k/year and that is before you take a bite of an overpriced slice of pizza!.  On the flip side, an epic pass for 4 will be closer to 4k/year.  What do the...