Aspen hits a peak? Will the bubble burst?  Which ski town is most at risk?

Aspen hits a peak? Will the bubble burst?  Which ski town is most at risk?

The data is staggering in three months from June through August, the median home price in Aspen for a single family home doubled, with the average sales price north of 7 million.  Has Aspen hit a peak?  How do the other Colorado ski towns compare?  Are we at risk of a...
Colorado Ski real estate declines

Colorado Ski real estate declines

I hope everyone had a great summer, this is Luna accompanying me on an inspection in Colorado style 😊 I have recently written about ski real estate setting records for both prices and volumes, but not all ski real estate is following the same pattern.  What...
Colorado real estate blows away all predictions: will the party continue

Colorado real estate blows away all predictions: will the party continue

When the Coronavirus first hit, my predictions were for a flat to slightly declining market.  Wow, I missed that one!  The Denver metro area and all the resort towns have set records with appreciation skyrocketing.  What does this mean for real estate the remainder of...
Vail resorts announces reservation system, impact on real estate

Vail resorts announces reservation system, impact on real estate

  I usually do not send e-mails out on the weekend, but wanted to make sure everyone has been following the major news in the ski industry.  Vail resorts recently announced that you will need a reservation in order to ski/ride.  Passholders can select up to 7...
Top 2 Colorado ski town investments 2020 & Coronavirus impact

Top 2 Colorado ski town investments 2020 & Coronavirus impact

2020 is shaping up to be an interesting year in the ski industry.  The ski industry was abruptly cut short in April with Vail resorts losing 200m and Alterra getting sued for closing early. What does this mean for ski real estate?  Where should you invest now based on...
Top 2 Colorado ski town investments 2020 & Coronavirus impact

Alterra sued (Ikon pass) for shortened ski season, impact on real estate

As we all know, the ski season was abruptly cut short on one of the busiest days of the year due to the Colorado Governors orders to prevent the spread of the Coronavirus.  It was bound to happen, a California skier filed suit against Alterra alleging breach of...