Vail sues Vail, town of Vail  has resounding win; what does this mean for real estate?

Vail sues Vail, town of Vail  has resounding win; what does this mean for real estate?

First, I had to share the joke above.  For anyone that lives or spends time in the mountains it is unfortunately very relatable😊 It is a bit ironic (and confusing) as the company Vail resorts sues the city that its name originated from.  The suit...
What Colorado ski town is outperforming others : Which Colorado ski town is the best investment?

What Colorado ski town is outperforming others : Which Colorado ski town is the best investment?

As I predicted, we are starting to see some big changes in Colorado ski real estate.  Even as prices in many markets throughout the country are staying flat, some Colorado ski real estate is still increasing while others are starting to correct.  What is...
Median income soars in CO mountains, is 150k/year income affordable housing

Median income soars in CO mountains, is 150k/year income affordable housing

It is likely no mystery that the Colorado ski towns are getting considerably more expensive, but the recent data released by  HUD is eye opening. HUD releases income figures every year based on census data and other factors, such as the rate of inflation. What do...
Tax bills double in  CO mountain towns, new legislation doesn’t help, you can reduce your taxes   

Tax bills double in  CO mountain towns, new legislation doesn’t help, you can reduce your taxes   

Our legislative branch and Governor have touted a new proposal to drastically reduce property taxes after they have skyrocketed due to increasing values and the elimination of the Gallagher amendment.  Unfortunately the new bill will not help the overwhelming...

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...
Taxes jump, you have 30 days, how do you appeal (quick guide) and should you?

Taxes jump, you have 30 days, how do you appeal (quick guide) and should you?

Get ready for sticker shock; as you will be receiving your new  tax assessment in the next few weeks (typically the beginning of May) and time is of the essence as you have a limited window if you want to fight your tax value.  How can assessed values continue to...