Colorado election results and real estate: ballot measures, new rules on property and taxes, and what each outcome means for owners.
Last week, I did a survey of my readers who are real estate pros in Colorado (realtors, bankers, title companies, appraisers, assessors, etc…) to see the impact of the midterms on Colorado real estate. The graph above was not initially profound, but did make me...
Colorado has gone from red to purple, to now ultra blue. The headline in the Wall Street Journal says it all. Not only did a socialist win for Congress, but the governor’s race also went much farther left than predicted. Will changes in Colorado laws...
There is yet another law coming out of the Colorado statehouse on affordable housing. 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 to listing...
Our legislature recently enacted a new law that will impact large property owners starting this year. Who is impacted by the “Decarbonization law” Who will be paying millions for building upgrades (hint not the government)? Who will be on the hook for fines up to...
This election in Colorado is following similar patterns of tax and spend. I wish one of these elections we could vote to reduce taxes and spending! Did voters in Denver approve 1 billion in new spending? What ski town proposed a 17% short term rental tax? What...
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...
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”....
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...
It has been quite the session with a ton of bills that have huge ramifications for property owners throughout Colorado. The proposals ranged from increasing taxes on nightly rentals, evictions protections, habitability, right of first refusal and various others. The...
The Colorado legislature is out of control with their housing bills. The newest bill: “Real Property owner unit association collections” will drastically increase HOA fees for every property owner and likely could bankrupt many homeowner associations. What is in this...
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 not learned from the debacles in Florida and California and instead created their own public property insurance plan in the recent legislative session. Furthermore, the government now dictates the amount of insurance that must be provided by carriers. ...
With a supermajority, the legislature has been busy crafting bills that will radically alter the real estate landscape. The recent proposal allows the state to dictate zoning in every county throughout Colorado and eliminate single family zoning. Colorado mayors are...
Every time I turn around there is yet another proposal to implement rent control. The newest house bill concerning requiring just cause for an eviction recently passed its first hearing. On the surface it sounds harmless, but the details are the most troublesome of...
It is amazing, they just called the last races in Colorado a few weeks ago and already there is a ballot initiative to increase taxes further. In the last cycle voters passed an affordable housing initiative and hot on its heals is a new statewide transfer tax...
It has been a crazy election cycle in Colorado with multiple initiatives impacting everything from alcohol, nightly rentals, income taxes, school lunches, magic mushrooms, etc… Some taxes were reduced, others were increased. What were the big Colorado initiatives...
