Durango’s commercial real estate market enters 2026 with cautious optimism, positioned between the post-pandemic boom and a more balanced, sustainable growth trajectory. While the broader Colorado tourism economy faces headwinds, Durango’s year-round diversified economy and status as the economic hub of Southwest Colorado provide resilience that pure resort towns lack. This market outlook forecasts modest......
PUBLIC POLICY CHANGES The proposed House Bill 36, which could allow local governments in ski towns, including Summit County, to impose taxes on vacant homes to fund affordable housing initiatives. With over 40% of homes in these communities remaining unoccupied, the bill aims to address rising real estate prices and limited housing availability for locals.......
PUBLIC POLICY With the ushering in of retail marijuana after over a decade of remaining strictly medicinal, Colorado Springs has brought in nearly $2M in tax revenue after only 9 months of retail shops being open, representing a staggering increase. Year-end state of the city remarks by local officials emphasized significant drops in crime rates,......
In Q3 2025, Archuleta County’s residential real estate market remains relatively flat, with low inventory and a corresponding decline in sales activity, resulting in modest and stable price movement overall. Limited supply, combined with more cautious buyer behavior, has created a balanced market where properties are taking just long enough to sell to prevent sharp......
Chaffee County remains a strong and steady market, though current indicators suggest a mild shift as conditions begin to balance between buyers and sellers. Commercial Real Estate activity has strengthened notably, with year-to-date (YTD) sales volume reaching $12,843,226 across 20 transactions, a significant increase from 2024’s $8,691,000 in sales and 11 transactions. Residential Real Estate......
MARKET TRENDS The first nine months of 2025 have continued the 2024 solid market momentum for residential properties in the Aspen Snowmass market. Although commercial leasing activity in Aspen has remained strong with recent retail rents in downtown Aspen hovering around $275 – $325 per SF with office rents in the $66 – $100 per......
PUBLIC POLICY Colorado Springs City Council voted 6-3 to override the mayor’s veto of an ordinance allocating voter-approved marijuana sales tax revenue to public safety and mental health programs, highlighting tensions over authority. On September 2, President Trump confirmed the relocation of U.S. Space Command headquarters to Huntsville, Alabama, reversing previous decisions. It seems like......
PUBLIC POLICY CHANGES The newly formed Colorado Short-Term Rental Alliance (COSTRA) aims to unify and advocate for the state’s STR community, addressing legislative and regulatory issues amid declining international tourism and potential tax increases. With new proposals potentially burdening Colorado vacation homeowners, local vacation homeowners must be aware of the tax and financial environment and......
Chaffee County remains a strong market but is showing some signs of change with a slight shift towards a buyers market. Commercial Real Estate sales volume totaled $7,558,986 with 11 transactions year-to-date (YTD) through the second quarter of 2025, representing a 3.29% decrease in sales volume compared to 2024, which had $7,816,000 in sales across......
Most of the market has been flat or declined, except residential property with pricing less then $500K. If there is a house put on the market for less than $500K, then this market is very hot. There was increased activity when the interest was slightly decreasing, but not a lot. We are anticipating a slower......