Big changes in mountain real estate, volumes drop, but there is one big surprise

Although March is typically not a big sales time in the mountains with mud season and the resorts closed, there are some interesting trends emerging.  As suspected single family homes sales volumes have dropped dramatically along with median and average sales...
Taxes jump, you have 30 days, how do you appeal (quick guide) and should you?

Taxes jump, you have 30 days, how do you appeal (quick guide) and should you?

Get ready for sticker shock; as you will be receiving your new  tax assessment in the next few weeks (typically the beginning of May) and time is of the essence as you have a limited window if you want to fight your tax value.  How can assessed values continue to...
Big changes to traffic patterns and Colorado mountain real estate post Covid

Big changes to traffic patterns and Colorado mountain real estate post Covid

Anyone who has ventured into any Colorado ski town recently has noticed a profound change since Covid.  Everything seems to be busy all the time, prices have skyrocketed, and longtime locals are quickly priced out.  What is causing the swift changes and what...
Wild West Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge

Wild West Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge

There is a condo complex in Steamboat Springs, CO where units have precipitously dropped in value overnight while owners cannot sell, refinance, rent, or in many cases use the units.  The units themselves are fine, but there is one huge problem.  What happened in...
Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge, 4 ways to quickly lose money in ski real estate

Buying and selling in Colorado ski towns: a cautionary tale from steamboat values plunge, 4 ways to quickly lose money in ski real estate

There is a condo complex in Steamboat where units have precipitously dropped in value while owners cannot sell, refinance, or in many cases use the units.  The units themselves are fine, but there is one huge problem.  What happened in Steamboat?  Why is this a...
What Colorado ski resort is the best investment? Top two choices

What Colorado ski resort is the best investment? Top two choices

What a run it has been the last several years with most Colorado ski resorts averaging 30-40% / year increases.  Many resort areas are still up double digits for the year, but just like the seasons are beginning to change there is a cold bite to the air in...