“Our trajectory is troubling” Breckenridge caps short term rentals, Guide to STR regulations in CO mountain towns

“Our trajectory is troubling” Breckenridge caps short term rentals, Guide to STR regulations in CO mountain towns

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 does this mean...
Will the Colorado Mountain Real Estate party continue?  What will cause the slowdown if anything?

Will the Colorado Mountain Real Estate party continue?  What will cause the slowdown if anything?

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 price increased from 750k to...
Will the Colorado Mountain Real Estate party continue?  What will cause the slowdown if anything?

Are Colorado mountain towns “closing the doors” impact on tourism and real estate        

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 your typical warm and fuzzy...
There is no real estate inventory in Colorado, yet closings are up

There is no real estate inventory in Colorado, yet closings are up

If you look at Denver county, the number of properties sold is up 10% , in Routt County (Steamboat) sales of single family homes is up 30% over 2019.  If there is no inventory/ little inventory available how are sales continuing to break records.  Is there another...
Steamboat Springs imposes nightly rental moratorium: impact on real estate

Steamboat Springs imposes nightly rental moratorium: impact on real estate

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 mountain towns away...
Will the Colorado Mountain Real Estate party continue?  What will cause the slowdown if anything?

Will new Fannie/Freddie rules put the brakes on Colorado ski real estate?

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 announced...