Is Colorado setting up buy now pay later for property taxes

Is Colorado setting up buy now pay later for property taxes

The legislature passed a little known bill to allow property owners to defer their property taxes above 4% increase starting in 2023. To get the message out, they sent out the flier above that I received this week.  On the surface, this sounds like an amazing plan. ...
Colorado has highest debt per person of any state

Colorado has highest debt per person of any state

What does Colorado’s debt load mean for real estate prices? I was surprised to see Colorado exceed every other state in the country on both the amount of debt and debt as a percentage of income.  Why do Coloradoans have more debt than others?  Why is debt an important...
Vail pass sales increase 86%, Colorado mountain towns revolt

Vail pass sales increase 86%, Colorado mountain towns revolt

What does the increased tension between Vail and ski towns mean for real estate?   Vail, the owner of major ski resorts and the epic pass, is selling approximately 86% more passes than in 2019.  At the same time mountain towns throughout Colorado and the country...
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,...