Ruling in Louisiana court halts Frisco’s plan for short term rentals

Ruling in Louisiana court halts Frisco’s plan for short term rentals

  Frisco had originally planned to offer a “locals” only license classification for short term rentals.  A new ruling in Louisiana put these plans on hold and could jeopardize many other communities short term rental laws.  What was in the ruling and...
Steamboat’s occupancy plummets, revenues soar, what is going on?

Steamboat’s occupancy plummets, revenues soar, what is going on?

Steamboat’s occupancy rate “supposedly” plummets 13% from last year, yet accommodation taxes are up an astonishing 48%.    Why is it important to focus on occupancy and sales taxes? How accurate are either of these numbers?  What does this mean for...
58% of sellers in Denver drop prices; inventory rises 94%; what does this mean for Colorado real estate values?

58% of sellers in Denver drop prices; inventory rises 94%; what does this mean for Colorado real estate values?

  Don’t be surprised by the recent numbers.  I mentioned months ago that many Canadian markets changed on a dime and the same would happen in major US cities.  A recent Redfin report showed that Denver ranked second behind Boise in price drops amongst 97 cities. ...
Ruling in Louisiana court halts Frisco’s plan for short term rentals

Breckenridge records lowest occupancy rates since 2015; will real estate follow?

  The headline in the Summit Daily sound ominous: Summit County servers stung by lack of visitors with lowest occupancy rates since 2015.  From the headlines it sounds like Breckenridge is in a free fall.  Is it really? What is going on in Breckenridge...
58% of sellers in Denver drop prices; inventory rises 94%; what does this mean for Colorado real estate values?

Extreme bidding wars set to continue in Denver, Housing enters a national recession

The Denver Metro Association predicted “extreme bidding wars” will continue in their August Newsletter.  At the same time the National Association of realtor’s chief economist said: “We’re witnessing a housing recession in terms of declining home sales and home...