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...
What two factors predict Colorado ski town prices

What two factors predict Colorado ski town prices

Colorado ski resorts continue holding strong in the face of higher interest rates.  Why are interest rates not the best metric for Colorado ski real estate?   What two factors are driving the difference in ski town fortunes?  Will these trends continue heading into...
New nightly rental regulations in Breckenridge that the industry supports

New nightly rental regulations in Breckenridge that the industry supports

Nightly rental regulations and enforcement continue to be a leading topic for legislation in every Colorado ski town.  A newer ordinance in Summit county (Breckenridge) continues this trend but ironically is supported by most in the industry.  What is in the new...
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...
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...