You are paying substantially more in property taxes than you should.

You are paying substantially more in property taxes than you should.

  Throughout the state of Colorado property owners are paying substantially more in taxes than they should due to one fundamental flaw in the assessment.  Here is a recent example: I was asked to evaluate a property in CO springs for a loan.  The purchase price...
Is affordable housing  causing the surge in ski town home prices?

Is affordable housing  causing the surge in ski town home prices?

What is the main culprit for increasing prices in ski towns?  The list is endless but typically at the top is the huge increase in nightly rentals and the big bad mega passes bringing more people to the ski towns.  Unfortunately, this answer is incorrect, it is a...
Is affordable housing worth 2 million a unit?

Is affordable housing worth 2 million a unit?

Over the last 30 years I continue to hear about the “affordable housing crisis”.  Do we really have an affordable housing crisis or a leadership crisis within the ski towns.  A recent proposal in Steamboat pegs the build cost of one affordable housing unit over 1.7m....
Vacancy tax on nightly rentals 7500/unit in major ski town

Vacancy tax on nightly rentals 7500/unit in major ski town

Crested Butte, CO it the latest to propose a vacancy tax with one major shift, nightly rentals would be covered by the new tax along with second homeowners. Who knew that Colorado ski towns would be taking economic lessons from Portland Oregon,one of the worst...
I70 traffic snarls ski real estate

I70 traffic snarls ski real estate

  It seems like anytime there is even a hint of snow or the slightest breeze, I70 gets shut down for hours turning an 1.5 hour drive from Denver into a 5 hour adventure!   What does this mean for ski real estate?  Will ski traffic lead to lower real estate...
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...