These Colorado Cities will rewind to 2019: the list will Surprise

These Colorado Cities will rewind to 2019: the list will Surprise

The appreciation over the last seven years throughout Colorado has been astounding, but now it is time to pay the piper.  What cities in Colorado are most at risk of rewinding most if not all of the Covid appreciation gains?  Why are “suburban” markets more at risk...
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...
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...
Top 10 mountain towns in total free fall

Top 10 mountain towns in total free fall

Have you seen the viral video about Colorado ski real estate where it predicts “entire communities evaporating and the seemingly perfect town that has seen its median home price slashed by over 30% in just 6 months”. How real are these  bold predictions?  Hint, look...