by Glen Weinberg | Jun 13, 2019 | Aspen hard money, Breckenridge, Colorado Hard Money, Colorado Private Lending, Colorado Real Estate values, Colorado Ski real estate, Colorado Ski towns, Ski lending/ investing
The 2018/19 season was Epic (or Ikonic depending on your pass preference) with every major resort posting record sales tax revenue, occupancy, and lodging rates. At the same time real estate continued to skyrocket in most mountain communities. With all this good...
by Glen Weinberg | May 9, 2019 | Colorado Hard Money, Colorado Private Lending, Colorado Real Estate values, Colorado Ski real estate, Colorado Ski towns, Ski lending/ investing
One ski town has been on my top list of investments for multiple years. I highlighted this resort as one of the “best buys” in Colorado real estate. The new owners have invested over 40 million and real estate values have soared. Unfortunately, this same resort is...
by Glen Weinberg | Jan 31, 2019 | Aspen hard money, Colorado Hard Money, Colorado Living, Colorado property tax appeal, Colorado Ski real estate, Colorado Ski towns, General Colorado Information, Ski lending/ investing
The Hamptons have increased inventory by 82% to the highest level in 12 years. At the same time sales fell 35% last quarter to their lowest since 2009 (Bloomberg). In Aspen, another ultra-high-end market, sales are down 27% on single family homes from 1.2B...
by Glen Weinberg | Sep 21, 2018 | Colorado Commercial Property Valuation, Colorado Hard Money, Colorado Private Lending, Colorado Real Estate values, Colorado Ski real estate, Colorado Ski towns, Condo Lending, Denver real estate values, Ski lending/ investing
The state legislature is considering a bill that would tax residential nightly rentals (any rentals less than 30 days) as commercial properties. This would change the tax assessment on a statewide level. On the surface it doesn’t seem like a big deal, but commercial...
by Glen Weinberg | Sep 13, 2018 | Colorado Living, Colorado Private Lending, Colorado Real Estate values, Colorado Ski real estate, Colorado Ski towns, Ski lending/ investing
As ski season is about to start again in under a month (Arapahoe 10/13). I took the pic above of Loveland pass a few weeks ago. It is important to note what happened in Colorado last year; Llast winter ski visits in Aspen skiing co were down 7% through last December...
by Glen Weinberg | Jul 31, 2018 | Colorado Real Estate values, Condo Lending, Denver hard money Lenders, Denver Private Lenders, Denver Private Lending, Denver real estate values, General Colorado Information, Ski lending/ investing
Although the credit union didn’t officially announce the next recession in their advertising, their actions speak louder than words! A credit union in Colorado announced they are offering 100% no money down mortgages. “We are looking for a way for individuals to...