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,...
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...
2 new bills signed into law that will cause Colorado property insurance to skyrocket

2 new bills signed into law that will cause Colorado property insurance to skyrocket

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. ...
Aspen/Pitkin County lines up ban on short-term rentals

Aspen/Pitkin County lines up ban on short-term rentals

Aspen continues leading the way in Colorado on nightly rental regulations.  Historically what happens in Aspen ultimately flows through to other mountain communities.  What is in the exclusion of nightly rentals in Pitkin County?  Are these new...