Big election loss in Steamboat: huge changes in ski town real estate  

Big election loss in Steamboat: huge changes in ski town real estate  

  Steamboat voters reject a 24 million dollar donation for a new affordable housing project that was slated to be the largest in the state.  Why did Steamboat walk away from the project?  Why is this rejection important for other mountain communities and what does...
New affordable housing rule, CO has first right of refusal on your property

New affordable housing rule, CO has first right of refusal on your property

There is yet another proposal in the statehouse on affordable housing.  This new bill would allow governments the first right of refusal on basically any multifamily property and require notice to the government of any intent to sell prior to listing with huge fines...
New Colorado housing bill drastically alters property owners’ rights & STRs

New Colorado housing bill drastically alters property owners’ rights & STRs

Once again, as the legislature returns, the first order of business is housing.  Unfortunately, there is now a pervasive agreement that only the legislature can fix the housing crisis we are experiencing in Colorado and the number one tool is more legislation. The...
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...
Bill to quadruple taxes on short term rental passes out of committee

Bill to quadruple taxes on short term rental passes out of committee

With the failure of proposition HH, the Colorado legislature is on the hunt for tax revenue and nightly rentals are in the cross hairs. Not surprisingly, the recent proposal to quadruple taxes on nightly rentals recently passed out of Colorado legislative committee...
Property tax bomb awaiting Denver  

Property tax bomb awaiting Denver  

  Denver office vacancy exceeds 30% for first time since 1990’s In 2019 office vacancy stood around 16%, lower than the national average.  Fast forward and Denver office vacancy has almost doubled to over 30%.  Why is the vacancy rate so important to Denver...