Crested Butte drops 13% is this signaling a reset in ski prices

Crested Butte drops 13% is this signaling a reset in ski prices

The most recent data in Crested Butte tells an interesting story.  Single family homes continued to increase in value while town home median prices have decreased 13%.  What is happening in Crested Butte and other mountain towns causing property declines?  Why are...
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...