Legislature reaches compromise to reduce property taxes, but your property taxes still going up 37%

Legislature reaches compromise to reduce property taxes, but your property taxes still going up 37%

With initiative 74, which I wrote about last week, looking to likely pass, legislatures agreed to a last-minute compromise to try to avert a showdown over initiative 74. The solution, Senate Bill 238 to reduce property taxes.  Unfortunately, the math doesn’t add...
What areas/prices are the best Colorado Real Estate investments and what are the worst?

What areas/prices are the best Colorado Real Estate investments and what are the worst?

In rapidly increasing markets, everyone is an expert!  Unfortunately, the real estate investments market is transitioning and there will be winners and losers.  Everyone always touts location, location, location to pick winning properties/areas?  Is...
Marijuana banking off the table: impact on real estate

Marijuana banking off the table: impact on real estate

Facing a tough midterm election and divisions in Congress, the Biden administration is sidestepping the politically sensitive issue of loosening marijuana laws even as the idea has gained support of most Americans.  With no movement at the Federal level, what does...
Cars, tents, vessels now considered homesteads; big impacts on real estate and property owners

Cars, tents, vessels now considered homesteads; big impacts on real estate and property owners

Thanks to one of our readers, Randy, for bringing the recent homestead exemption legislation to my attention as the changes are profound and yet there has been zero media coverage.  The Colorado legislature has just passed a new bill radically changing the meaning of...
Rent Control coming to Colorado: Mobile home parks legislated out of business

Rent Control coming to Colorado: Mobile home parks legislated out of business

With rent prices skyrocketing not just in the Denver metropolitan area but throughout Colorado, rent control is back in the legislature with big changes for property owners, prospective purchasers, and tenants.  The current focus is on mobile home parks with sweeping...
Housing top priority for Colorado legislature, tax nightly rentals as commercial

Housing top priority for Colorado legislature, tax nightly rentals as commercial

Housing affordability top priority for Colorado legislature,  will they tax nightly rentals as commercial properties? “My No. 1 priority this session is to bring down the cost of living in Colorado,” House Speaker Alec Garnett, a Denver Democrat, said in his opening...