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...
Denver prices set to fall 16%, will Golden handcuffs come off

Denver prices set to fall 16%, will Golden handcuffs come off

I’m asked daily what happens to prices in high cost cities like Denver. Will prices stabilize due to the Golden handcuffs of low rates?   Will prices go into a free fall due to higher mortgage rates?  Historically there is a correlation between rents...
Coloradans can defer payment on a big chunk of their rising property tax bill; should you???

Coloradans can defer payment on a big chunk of their rising property tax bill; should you???

The legislature passed a little known bill in 2021 to allow property owners to defer their property taxes above 4% increase starting in 2023.  On the surface, this sounds like a great plan.  Why wouldn’t someone want to defer their property taxes.  Unfortunately the...
Rent Control through the backdoor in Colorado passed the house

Rent Control through the backdoor in Colorado passed the house

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...
Aspen adopts some of the strictest building codes in state, impact on real estate   

Aspen adopts some of the strictest building codes in state, impact on real estate   

A local HVAC contractor said of the new code “This is like a really obese person drinking a 12-pack of Diet Coke and feeling good about themselves.”  What is in Aspen’s new building code proposal?  What impact will this have on new construction, property values, and...