Real Colorado property tax reduction on the ballot in 2024

Real Colorado property tax reduction on the ballot in 2024

With little real progress on property tax relief by the legislature (above is the legislative fix), there is an initiative now on the November ballot to radically alter how property taxes work in Colorado.   The new initiative would cap property taxes with a...
60% Surge in Denver Eviction Filings – Here’s Why

60% Surge in Denver Eviction Filings – Here’s Why

  In April, Denver County recorded the largest number of eviction filings in one single month. There were 1,665 eviction filings, compared to 1,038 in April 2023 and 576 in April 2022.   Why the sudden huge jump in eviction filings?  Is this a trend or just a...
Will ski real estate prices move higher later this year?

Will ski real estate prices move higher later this year?

It is crazy to talk about prices moving higher in Colorado’s high country while rates are staying double their lows.  Why is ski real estate poised to head higher despite everything else going on in the economy?  What is the key driver to watch for ski real estate? ...
New Colorado property tax bill; will you actually save money

New Colorado property tax bill; will you actually save money

In the waning hours of the legislative session, a grand tax bill reduction was introduced to supposedly offset the 40-50% increases in the last tax cycle. The headlines are everywhere “Bipartisan bill would bring long-term property tax relief for Colorado homeowners”....
Colorado grants itself the right of refusal on properties (passed)

Colorado grants itself the right of refusal on properties (passed)

Can the state of Colorado grant itself a first right of refusal on your property?  They just did!  This new law allows state and local governments the first right of refusal on most multifamily property and requires notice to the government of any intent to sell prior...
Will nightly rentals be taxed as commercial properties in Colorado? Did it pass?

Will nightly rentals be taxed as commercial properties in Colorado? Did it pass?

Property taxes on short-term rental properties in Colorado would more than triple under a bill drafted by state lawmakers that comes as communities from Durango to Denver grapple with surging numbers of vacation rentals.  What is in the new proposal?  How will this...