What Colorado ski resort is the best investment? Top two choices

What Colorado ski resort is the best investment? Top two choices

What a run it has been the last several years with most Colorado ski resorts averaging 30-40% / year increases.  Many resort areas are still up double digits for the year, but just like the seasons are beginning to change there is a cold bite to the air in...
Statewide transfer tax gearing up for 2024; I’ll bet 178 million this will not work

Statewide transfer tax gearing up for 2024; I’ll bet 178 million this will not work

  It is amazing, they just called the last races in Colorado a few weeks ago and already there is a ballot initiative to increase taxes further. In the last cycle voters passed an affordable housing initiative and hot on its heals is a new statewide transfer tax...
CO Short term rental elections 20% tax rates approved, what are the results and what does this mean to you and Colorado ski real estate?

CO Short term rental elections 20% tax rates approved, what are the results and what does this mean to you and Colorado ski real estate?

Regardless of party affiliation, this has been a big voting season for Colorado real estate and there was a resounding message relayed at the polls.  Voters in Steamboat Springs, Aspen, Dillon, Glenwood Springs, Carbondale, and Summit County all decided whether...
6 CO ski towns have short term rentals on ballot; what does this mean for real estate

6 CO ski towns have short term rentals on ballot; what does this mean for real 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...
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...
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...