Colorado property values soften.  Property taxes increased 36%-82%

Colorado property values soften.  Property taxes increased 36%-82%

Get ready for sticker shock as you open the mail and get your tax bill.  As values soften throughout the state, why are your property taxes going up?   How can assessed values continue to increase even though property values are softening?  Why will your taxes likely...
Alterra (Ikon) buys Arapahoe Basin, impact on ski real estate

Alterra (Ikon) buys Arapahoe Basin, impact on ski real estate

Alterra Mountain Company has announced that it has entered into an agreement to purchase Arapahoe Basin in Colorado, from Dream Unlimited Corp., expanding Alterra’s portfolio of destinations in the Rockies.  What does this mean for real Colorado ski real estate? ...
Is Colorado setting up buy now pay later for property taxes

Is Colorado setting up buy now pay later for property taxes

The legislature passed a little known bill to allow property owners to defer their property taxes above 4% increase starting in 2023. To get the message out, they sent out the flier above that I received this week.  On the surface, this sounds like an amazing plan. ...
Colorado has highest debt per person of any state

Colorado has highest debt per person of any state

What does Colorado’s debt load mean for real estate prices? I was surprised to see Colorado exceed every other state in the country on both the amount of debt and debt as a percentage of income.  Why do Coloradoans have more debt than others?  Why is debt an important...
Denver has highest increase in violent crime in US, impact on real estate

Denver has highest increase in violent crime in US, impact on real estate

Of U.S. cities with more than half a million residents, only Denver’s overall violent crime (including aggravated assault, sex assault, robbery and homicide) has risen by more than 90% between 2012 and 2022, according to FBI data.  What does the surge in crime mean...