Aspen/Pitkin County lines up ban on short-term rentals

Aspen/Pitkin County lines up ban on short-term rentals

Aspen continues leading the way in Colorado on nightly rental regulations.  Historically what happens in Aspen ultimately flows through to other mountain communities.  What is in the exclusion of nightly rentals in Pitkin County?  Are these new...

Big changes in mountain real estate, volumes drop, but there is one big surprise

Although March is typically not a big sales time in the mountains with mud season and the resorts closed, there are some interesting trends emerging.  As suspected single family homes sales volumes have dropped dramatically along with median and average sales...
Big changes to traffic patterns and Colorado mountain real estate post Covid

Big changes to traffic patterns and Colorado mountain real estate post Covid

Anyone who has ventured into any Colorado ski town recently has noticed a profound change since Covid.  Everything seems to be busy all the time, prices have skyrocketed, and longtime locals are quickly priced out.  What is causing the swift changes and what...
NYC Spars With Hosts Over New Airbnb Rental Laws, 25% drop in nightly rentals, what does this mean for Colorado

NYC Spars With Hosts Over New Airbnb Rental Laws, 25% drop in nightly rentals, what does this mean for Colorado

I always watch what happens on the coasts to see what is next for Colorado.  Whether it is minimum wage, required sick leave, etc… these all originated from the coasts and migrated to Colorado.  NY’s laws on nightly rentals will soon find their way to...
Vail sues Vail, what does this mean for the resort and city

Vail sues Vail, what does this mean for the resort and city

It is a bit ironic (and confusing) as the company Vail resorts sues the city that its name originated from.  The suit highlights a not so happy marriage or relationship or breakup of the two Vails.  In a nutshell Vail resorts and Vail are having a legal...
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...