Ski industry loses 2 billion, Vail resorts stock drops 45%

Ski industry loses 2 billion, Vail resorts stock drops 45%

We are still Lending!  Do you know where I took this picture?  It is amazing how quickly fortunes have changed, less than a month ago Vail resorts stock peaked, yet over the course of a few weeks Vail lost over $200 million and its stock dropped 42% while the industry...
Ikon beats Epic for top spots CO has 5 of 10 top ski resorts impact on real estate

Ikon beats Epic for top spots CO has 5 of 10 top ski resorts impact on real estate

Do you know where I took the picture above? (e-mail me if you know, the mountains should provide a hint :).  Ski magazine came out with their annual list of top ski destinations.  Colorado took the crown with 5 of the top 10 ski destinations which accounted for almost...
50 most expensive towns in America, 4 in CO, not who you would expect

50 most expensive towns in America, 4 in CO, not who you would expect

Lending Tree ranked the 50 most expensive towns in the US by looking at home values and median income to determine affordability.  My top three choices in Colorado for least affordable markets would be: Aspen, Telluride, and Vail; not one was on the list!  Who made...
Aspen down 27%, listings in Hamptons up 82%, what does this mean for real estate?

Aspen down 27%, listings in Hamptons up 82%, what does this mean for real estate?

  The Hamptons have increased inventory by 82%  to the highest level in 12 years.  At the same time sales fell 35% last quarter to their lowest since 2009 (Bloomberg).  In Aspen, another ultra-high-end market, sales are down 27% on single family homes from 1.2B...
International visitation plunges: what do Colorado Ski towns and Turkey have in common?

International visitation plunges: what do Colorado Ski towns and Turkey have in common?

The global economy is still healthy, yet last year out of the top destinations for international travel only two declined.  The United States and Turkey!  The other top ten destinations all increased; many increased by double digits while the U.S. declined by 6%.  The...