Low snow year impact on Colorado ski real estate

Low snow year impact on Colorado ski real estate

Colorado is having a tough year.  Snowfall was down nearly 60% over the holidays, resulting in only about 11% of skiable terrain being opened in December and skier visits are down 20%.  Vail resorts, the largest ski operator, is getting hit hard as seen in the stock...
Top 10 mountain towns in total free fall

Top 10 mountain towns in total free fall

Have you seen the viral video about Colorado ski real estate where it predicts “entire communities evaporating and the seemingly perfect town that has seen its median home price slashed by over 30% in just 6 months”. How real are these  bold predictions?  Hint, look...
Vail loses major lawsuit, should you only buy real estate in a Vail resort?

Vail loses major lawsuit, should you only buy real estate in a Vail resort?

  A fall from a lift in Crested Butte, leads to a 21m loss for Vail even with the ski safety act (first ever).  Is the lawsuit actually a win for Vail resorts (even though they lost money)? Why is this case so monumental?  What does this case mean for Colorado...
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...
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...