Breckenridge currently has about 4k short term rentals. At a council meeting last week, legislation was proposed to cap this number at 2200. What has caused the huge shift in Breckenridge and other mountain towns regarding short term rentals. What…
Wow, it has been quite the run in Colorado Mountain real estate. Prices have been off the charts with many mountain communities roughly doubling over the last 2 years. For example in Summit county, home to Breckenridge, the median home…
Travel Crested Butte put up a social media post last weekend that messaged Crested Butte was not all sunshine and rainbows. “As beautiful and breathtaking as Crested Butte is, the community you love to visit is hurting,” This is not…
Last summer was a tipping point with mountain towns overflowing with tourists and their impacts becoming more noticeable including traffic, crowded trails, etc… As more people move to the mountains full time there is a bigger push to diversify the…
Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department. Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly…