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...
“Apparently we are too stupid”; Colorado Mayors Blast Polis’ statewide zoning proposal

“Apparently we are too stupid”; Colorado Mayors Blast Polis’ statewide zoning proposal

With a supermajority, the legislature has been busy crafting bills that will radically alter the real estate landscape.  The recent proposal allows the state to dictate zoning in every county throughout Colorado and eliminate single family zoning. Colorado mayors...
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...
Denver passes affordable housing law, 88% decline in Apartment permits.

Denver passes affordable housing law, 88% decline in Apartment permits.

Last year Denver passed an “affordable housing program” that requires  multifamily developments to pay linkage fees and/or reserve a percentage of units for low income housing.  What has happened to apartment construction since passage? Were my original...
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...
Colorado property values soften.  Ready for a 51% jump in your property taxes

Colorado property values soften.  Ready for a 51% jump in your property taxes

Get ready for sticker shock as this year is a reassessment year.  As values soften throughout the state, will your property taxes finally go down?  Unfortunately the short answer is just the opposite, look for your taxes to jump an astronomical amount. ...