What does Colorado’s debt mean for real estate prices

What does Colorado’s debt mean for real estate prices

  Look at the chart above, the debt carried by Colorado’s residents is higher than any other state in the country including expensive states like California, NY, etc. The largest factor is mortgages but also note a stark increase in variable debt (credit cards,...
Are politics leading to lower Denver house prices?

Are politics leading to lower Denver house prices?

Can Denver’s fall in housing prices off its peak be contributed to politics?  How does Denver stack up to other cities with different politics?  Are Denver’s current woes a blip or a trend?  Where do prices head from here?  Take a look at the chart above, what is...
Colorado Property taxes jump 40%

Colorado Property taxes jump 40%

How can property taxes jump 40% since 2023 when values are basically flat in most areas?  Is there anything you can do about it?  In 2022, with property values and in turn taxes surging, the Colorado governor signed a grand bargain to save on property taxes in...
Survey results Will prices in Colorado rise or fall? Why is Colorado more optimistic?

Survey results Will prices in Colorado rise or fall? Why is Colorado more optimistic?

      In my last blog post, Colorado has largest Golden Handcuffs in the US, I launched my first Colorado to see what the readers of my blog thought, the results were different than I would have predicted.  There was a clear consensus of where real...
Colorado has largest Golden Handcuffs in the US

Colorado has largest Golden Handcuffs in the US

    Colorado has the  biggest gap between the average mortgage rate borrowers are holding and what the market is which could create a bigger disincentive to sell, according to a study from U.S. News & World Report.  Why does Colorado have the largest...
One ski town goes all in on taxing second homeowners more

One ski town goes all in on taxing second homeowners more

After the legislature last year approved the ability to tax second homeowners more, one ski town is going all in establishing a “vacancy tax” for property owners.  Ironically nightly rentals can be considered “vacant”.   What is in the new Vacancy tax...