Low snow year impact on Colorado ski real estate

Low snow year impact on Colorado ski real estate

Colorado is having a tough year.  Snowfall was down nearly 60% over the holidays, resulting in only about 11% of skiable terrain being opened in December and skier visits are down 20%.  Vail resorts, the largest ski operator, is getting hit hard as seen in the stock...
Steamboat vs Vail, let the tax wars begin.  Which city has a better solution?

Steamboat vs Vail, let the tax wars begin.  Which city has a better solution?

Two high end Colorado ski towns are taking radically different stances on tourism.  Vail  had proposed a 17% short term rental sales tax, while Steamboat is taking the opposite approach by proposing to tax vacant homes.  Which solution is correct?  What does each one...
Breckenridge smarter than Steamboat and Winter Park

Breckenridge smarter than Steamboat and Winter Park

Typically most of the mountain towns seem to replicate each other.  In this case, Breckenridge(Summit County) has made radical changes that will help real estate owners save considerable money. On top of that, the changes implemented were free.  Why are other ski...
One ski town goes all in on taxing second homeowners more

One ski town goes all in on taxing second homeowners more

After the legislature last year approved the ability to tax second homeowners more, one ski town is going all in establishing a “vacancy tax” for property owners.  Ironically nightly rentals can be considered “vacant”.   What is in the new Vacancy tax...
One ski town bans second home owners  

One ski town bans second home owners  

There is one ski town that bans non residents from buying real estate? What ski town has implemented this change? (Do you know based on the pic above?)  Why was the ban put in place?  What has happened to real estate values in this town and surrounding towns?  Should...
What two factors predict Colorado ski town prices

What two factors predict Colorado ski town prices

Colorado ski resorts continue holding strong in the face of higher interest rates.  Why are interest rates not the best metric for Colorado ski real estate?   What two factors are driving the difference in ski town fortunes?  Will these trends continue heading into...