Archuleta County is experiencing a housing crisis that is manifesting both in the amount of housing available and the affordability of housing.The majority of rentals are filled to capacity and some boast waiting lists of 40 or more applicants.
While the rapid increase in tourism is positive for the local economy, the lack of long-term housing is wreaking havoc in other areas, including the realm of employment. Many of Pagosa's largest employers are struggling to recruit because new employees have no viable housing options. With the increased levels of tourism, the demand for vacation housing has exploded.. Short-term rentals are now incredibly profitable.
Come in to Team Pagosa and speak with one of our knowledgeable Broker's to discuss what properties are available to invest in for a possible rental!
While the rapid increase in tourism is positive for the local economy, the lack of long-term housing is wreaking havoc in other areas, including the realm of employment. Many of Pagosa's largest employers are struggling to recruit because new employees have no viable housing options. With the increased levels of tourism, the demand for vacation housing has exploded.. Short-term rentals are now incredibly profitable.
Come in to Team Pagosa and speak with one of our knowledgeable Broker's to discuss what properties are available to invest in for a possible rental!
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