Breckenridge plunges 28%, Steamboat down 22%; what is causing the huge slowdown?

Breckenridge plunges 28%, Steamboat down 22%; what is causing the huge slowdown?

It is not surprising that Colorado ski towns like Breckenridge and Steamboat are finally slowing down.  After years of double-digit price gains, are the mountains finally turning a corner?  Is the big slowdown due to the nightly rental regulations restricting the...
Big changes to Aspen nightly rentals: no new permits, impact on property values

Big changes to Aspen nightly rentals: no new permits, impact on property values

Aspen is following Breckenridge’s lead with substantial changes to Aspen nightly rental regulations.  Aspen is proposing a cap on the number of units along with a cap on the number of rental days allowed.  How will this impact real estate prices in...
What areas/prices are the best Colorado Real Estate investments and what are the worst?

What areas/prices are the best Colorado Real Estate investments and what are the worst?

In rapidly increasing markets, everyone is an expert!  Unfortunately, the real estate investments market is transitioning and there will be winners and losers.  Everyone always touts location, location, location to pick winning properties/areas?  Is...
Colorado mountain towns can use tourism taxes for whatever they want; impact on real estate

Colorado mountain towns can use tourism taxes for whatever they want; impact on real estate

Currently in mountain towns throughout Colorado lodging taxes must be used for tourism marketing.  This week Governor Polis just signed a monumental bill into law that allows towns to use only a small portion for lodging and the rest for other items.  What does this...
Breckenridge plunges 28%, Steamboat down 22%; what is causing the huge slowdown?

Ukraine impact on Colorado ski real estate

What a few weeks it has been.  The stock markets have been up, then down.  Interest rates have also spiked only to fall shortly thereafter.  I’ve been asked by several realtors in various ski towns, what is the impact of Ukraine and real estate prices in Colorado. ...
Vail resorts stock drops 22% from peak; impact on Colorado ski real estate

Vail resorts stock drops 22% from peak; impact on Colorado ski real estate

Vail, the largest owner of ski resorts not only throughout the world but also in Colorado, has dropped 22% while other hospitality stocks have been rising at double digit rates.  Why is Vail stock dropping so much?  What impact will this have on ski real...