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...
Appealed your Colorado property taxes, what is next, one fundamental flaw in assessor data.

Appealed your Colorado property taxes, what is next, one fundamental flaw in assessor data.

Hopefully many of you on this list took the time to appeal your Colorado property taxes.  I absolutely did!  For my appeal, I filed the formal appeal and also spoke with the assessor to discuss.  I got my letter this week and the assessor refused to...
What to expect in Colorado real estate the second half of the year; will the party continue?

What to expect in Colorado real estate the second half of the year; will the party continue?

Wow, the first half of 2023 has been relatively good in real estate throughout most markets.  Volumes are down substantially, but there has been little movement in prices.  Even with higher interest rates, most areas have stayed relatively flat, but the...
Tax bills double in  CO mountain towns, new legislation doesn’t help, you can reduce your taxes   

Tax bills double in  CO mountain towns, new legislation doesn’t help, you can reduce your taxes   

Our legislative branch and Governor have touted a new proposal to drastically reduce property taxes after they have skyrocketed due to increasing values and the elimination of the Gallagher amendment.  Unfortunately the new bill will not help the overwhelming...
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...