Big changes to Aspen nightly rentals: no new permits, impact on property values

Big changes to Aspen nightly rentals: no new permits, impact on property values

Aspen is following Breckenridge’s lead with substantial changes to Aspen nightly rental regulations.  Aspen is proposing a cap on the number of units along with a cap on the number of rental days allowed.  How will this impact real estate prices in...
What will cause Colorado ski real estate prices to fall

What will cause Colorado ski real estate prices to fall

If you’ve been reading the news, it seems to be everywhere, complaints against vail resorts are plastered all over the media.  With Vail the largest owner of resorts in Colorado and the United States will this derail the real estate party in ski towns or is there...
Big changes to Aspen nightly rentals: no new permits, impact on property values

Aspen suspends new construction permits and new nightly rentals

In an emergency ordinance, Aspen city council unanimously implemented radical changes to any new construction, remodeling, and expansion of  a property.  Furthermore, the ordinance halted all new nightly rental permits.  Why did the city implement this emergency...
Where does Colorado ski real estate go from here?  One metric is painting a rosy picture

Where does Colorado ski real estate go from here?  One metric is painting a rosy picture

  I’m constantly amazed at Colorado ski real estate.  Many markets are up almost 40% in the last two years alone with sales continuing to exceed.  On the other hand, Denver and the front range real estate markets are starting to feel a pronounced slow down.  What...
Big changes to Aspen nightly rentals: no new permits, impact on property values

Is there a gold standard in real estate? One Colorado town fits the definition

In times of economic uncertainty, high net worth individuals focus on safety.  From Government securities like 10 year treasuries, to municipal bonds, and gold.  There is another trend emerging that Colorado real estate is being placed in the “safe haven” category. ...