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...
Denver inventory jumps 81%, are declining prices next

Denver inventory jumps 81%, are declining prices next

Spring has come in with a roar in the Denver metropolitan area as inventory from February to March jumped 81%.  What has caused the huge jump in inventory?  What does the change in inventory mean for prices?  How will Denver real estate perform compared...
66% of homes underinsured, this number is likely higher in CO, Why?  What should you do?

66% of homes underinsured, this number is likely higher in CO, Why?  What should you do?

About two out of every three homes in America are underinsured. The average underinsurance amount is about 22%, though some homes are underinsured by 60% or more. We saw this firsthand with the Marshall fire and pretty much every natural disaster in Colorado. ...
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...