One Colorado city proposes 5k/room in short term rental fees

One Colorado city proposes 5k/room in short term rental fees

    One mountain town just proposed a fee of 5,064/room; the fee for a 4-bedroom house annually for a short-term rental license would be 20k.  According to the study, after looking at local economic data on the workforce, the affordability gap and occupancy...
Who really owns nightly rentals in CO, the answer will surprise

Who really owns nightly rentals in CO, the answer will surprise

The primary argument in nightly rental regulation debates is that locals who rent their properties would not be able to stay in the community so any regulations would drastically hurt locals. How true is this argument?  A new study sheds substantial light on this...
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...
Summit County sued for caps on nightly rentals, who won the lawsuit?

Summit County sued for caps on nightly rentals, who won the lawsuit?

A federal judge had 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...
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...
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...