Posted inBusiness, Housing, News

Buying frenzy slows but home prices remain sky-high in Colorado mountain towns

The blistering pace of home sales in Colorado’s mountain communities is slowing. Finally.  After sales volume and prices more than doubled in Colorado’s high country valleys between 2019 and 2021, the number of home sales in six Colorado mountain counties declined through May compared with the same period in 2021. And while prices remain sky-high, […]

Posted inHousing, News

Aspen suspends new home construction permits as it drops the hammer in the name of affordability

Aspen’s city council this week stopped issuing not just short-term rental permits, but permits for all home construction as the city struggles with a critical lack of affordable housing and the increasing use of homes by vacationers.   A moratorium, passed unanimously by emergency ordinance Wednesday night after two meetings in two days, goes beyond suspending […]