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 inBusiness, Housing, News

Aspen City Council limits short-term rentals, imposes fees on home construction and eases path for affordable housing

The Aspen City Council this week approved strict regulations limiting short-term rentals and easing the process for developing affordable housing, concluding seven months of work to rein in a real estate market frenzy that has homes selling for as much as $6,000 a square foot. “Are we a community or a commodity?” Aspen councilor Rachel […]