2024 Colorado real estate predictions, will prices continue falling?

2024 Colorado real estate predictions, will prices continue falling?

Wow, 2023 has been quite the year in real estate.  The beginning of the year started out good but as interest rates rose substantially volumes dropped off a cliff and prices began falling.  What do the changes mean for Colorado real estate in 2024?  Will prices have a...
Second homeowners charged higher property taxes in Colorado

Second homeowners charged higher property taxes in Colorado

Although HH, the Colorado tax reduction initiative was ultimately defeated, there was one profound item in the legislation that will have far reaching impacts.  One of the biggest changes in the proposal is that second homeowners (non-primary residents) are now paying...
Ready for Colorado property taxes to increase 35%

Ready for Colorado property taxes to increase 35%

    With much fanfare, CO legislators met in a special session to focus on tax relief once again after the searing defeat of HH.  As suspected, the agenda was filled with allot of stuff not related to property taxes (Tabor checks, low income tax credits,...
Live like a local, pay hotel property taxes on nightly rentals

Live like a local, pay hotel property taxes on nightly rentals

Big changes in store for Colorado real estate in the upcoming legislature   Colorado Governor Polis, in a recent interview, called short term rentals paying residential rates a “loophole” that he supports closing.  “Residential properties that work like hotels...
Will real estate crash in Colorado? Where should you not invest in Colorado?

Will real estate crash in Colorado? Where should you not invest in Colorado?

The good times continue to roll on. Inventory is down and prices are stabilizing and still increasing in some markets. When will there be a reset in Colorado real estate prices.  What happens when this cycle ends?  Are there opportunities currently?  Where will new...
Colorado Foreclosure filings, where are they and what does this mean for values? What is the number one driver of foreclosures?

Colorado Foreclosure filings, where are they and what does this mean for values? What is the number one driver of foreclosures?

Many counties in Colorado are now using an online auction program for foreclosure sales which provides an interesting comparison of where distressed real estate deals are occurring.  Denver, the most populous county in Colorado, is not even close to the top of...