New impact fees in Colorado without a vote: ready to pay 50k more to build a commercial building?

New impact fees in Colorado without a vote: ready to pay 50k more to build a commercial building?

A lot happened last legislative session and I totally missed a recent law that could have huge impacts on property owners.  A new Colorado law that went into effect in May allows fire districts to levy “impact fees” on any property without a vote.  What does this mean...
Do you know Colorado ski real estate, take a quick quiz

Do you know Colorado ski real estate, take a quick quiz

It is amazing since the pandemic it seems everyone has had way too much time to watch YouTube and Instagram and are now experts on everything including Colorado ski real estate.  Unfortunately ski real estate is not that simple.  Look at the picture above, can you...
Airbnb growth slows, what does this mean for Colorado ski real estate?

Airbnb growth slows, what does this mean for Colorado ski real estate?

  10 years ago, nightly rentals were a novel concept, fast forward to 2024 and the number of nightly rentals has surged over 40% in the last 5 years.  What does this huge increase in nightly rentals mean for real estate values?  Has the real estate market gotten...
Will ski real estate prices move higher later this year?

Will ski real estate prices move higher later this year?

It is crazy to talk about prices moving higher in Colorado’s high country while rates are staying double their lows.  Why is ski real estate poised to head higher despite everything else going on in the economy?  What is the key driver to watch for ski real estate? ...
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...
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...