Steamboat real estate: buying and selling in ski towns, Vail Resorts, inventory and mountain-town sales tax trends.
There is a condo complex in Steamboat Springs, CO where units have precipitously dropped in value overnight while owners cannot sell, refinance, rent, or in many cases use the units. The units themselves are fine, but there is one huge problem. What happened in...
Happy summer to everyone, it sure doesn't feel that way in the mountains with a dusting of fresh snow on the peaks this week. Do you know what pass this is? There are some big changes coming down the pipe not just for the weather but in Colorado ski real estate. From...
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
According to the Colorado Association of Realtors, Denver real estate inventory fell 29% in December, number of sales increased 17% and sold price increased 5%. Breckenridge and Steamboat also saw listings decline by almost 30% with prices increasing modestly....
Breckenridge, Steamboat, Vail, Winter Park, and Telluride have all achieved record sales tax revenue this season. You aren't imagining it, the mountains are getting busy! What is driving these all-time records? How does this impact real estate? Will real...
