Cannabis quickly coming off its high; the green rush turning red; impact on real estate

Cannabis was the new goldmine for many years.Ā  I always am entertained by the chart above form a few years ago showing the sales of marijuana/resident.Ā  Unfortunately, the high does not last and is turning more into a hangover as marijuana becomes more mainstream with...

Colorado Mountain town tax revenue continues to grow, what does this mean for real estate prices?

Regardless of all the talk of a recession, soft landing, or something in between.Ā  Many Colorado mountain towns continue to see record tax sales revenue. How is this happening while domestic tourism is pulling back?Ā  What does this mean for the upcoming ski season?Ā ...
3 Colorado cities top boom-towns in country; what happened to each one?

3 Colorado cities top boom-towns in country; what happened to each one?

  SmartAsset uncovered the fastest-growing cities in the U.S. To identify the top boomtowns in America in 2021, they looked at the most recently available data for 500 of the largest cities across the following seven metrics: population change, unemployment rate,...
New property tax bill is radically altered leads to huge tax increases and allows local governments to grow 20 times inflation.

New property tax bill is radically altered leads to huge tax increases and allows local governments to grow 20 times inflation.

Wow! You can always hand it to the politicians to take a simple property tax measure and fill it to the brim so in the end it costs more than it actually saves you.  In a last-ditch effort, the Colorado legislature approved: SB23-303 Reduce taxes and voter...

Big changes in mountain real estate, volumes drop, but there is one big surprise

Although March is typically not a big sales time in the mountains with mud season and the resorts closed, there are some interesting trends emerging.  As suspected single family homes sales volumes have dropped dramatically along with median and average sales...
Colorado property tax relief: Polis reveals plan to ease skyrocketing tax bills

Colorado property tax relief: Polis reveals plan to ease skyrocketing tax bills

Colorado property taxes were set to jump almost 50% in some markets which finally go the attention of the Colorado Governor.   At the last minute, Governor Polis put together a proposal that supposedly will drastically save taxpayers.  What is in the new...