Ready for a 60% increase in Colorado property taxes?

Ready for a 60% increase in Colorado property taxes?

I saw a headline that property taxes would decrease 18%, I was skeptical to say the least and you should be too. Colorado is unique in how property taxes are calculated requiring a balance between commercial and residential property taxes, with commercial values...

Ghost kitchens on the rise, ski towns lead the way, 3 impacts on real estate?

“Ghost Kitchens” are on the rise? What are they anyway (no they are not haunted kitchens)?  What is causing this new phenomenon? How will this impact real estate?  My first experience with a “ghost kitchen” was in Breckenridge Colorado about three years ago where I...
Housing slows in Denver, 3 of top 10 long term Real Estate investments in Colorado

Housing slows in Denver, 3 of top 10 long term Real Estate investments in Colorado

The Denver metro real estate market has performed a sudden U-turn with inventory up 28%, sold homes down 14%, and days on the market up 23%.    This is the highest amount of inventory since October 2013.  With all the grim news, there is a ray of light 😊 ...
Colorado to follow country into an economic slump in 19 then a great depression? 

Colorado to follow country into an economic slump in 19 then a great depression? 

  Beaulieu, a nationally renowned economist and president of ITR Economics, predicted: “The U.S. economy and your economy in Colorado will slow down in 2019…Expect a slow down, but don’t expect a break down”.  He then went on to say that: “An aging population,...
Amazon ditches NY for HQ2, Colorado will be a big winner

Amazon ditches NY for HQ2, Colorado will be a big winner

NY provides 3 billion in incentives to land Amazon.  Colorado offered 100 million.  Amazon selected NY only to break up with them this week and ditch their expansion plans.  Colorado will be a big winner of this recent breakup.  Sounds like the recent Bezos love...
New Colorado initiative that could destroy Colorado real estate

New Colorado initiative that could destroy Colorado real estate

There is a new initiative in town to drastically limit growth in one metro Denver City.  Lakewood just won major litigation that had derailed a “growth initiative”  that limits new residential development to 1% of the existing housing stock.  Why is this important? ...