New tax plan in Congress will hit Colorado real estate hard.

New tax plan in Congress will hit Colorado real estate hard.

Colorado real estate is on a tear, with appreciation off the charts.  In Denver appreciation is up 25% year over year.  Unfortunately, all this appreciation could cause some large tax hits based on the new legislation.  How will the new legislation...
Where does Colorado real estate go from here as Covid subsides?

Where does Colorado real estate go from here as Covid subsides?

Wow, what a wild ride Colorado real estate has been on the last year.  The statistics are astounding!  Denver county average sales price is up almost 30% year over year while days on the market has plummeted 40%.  In the mountains, in places like Summit County prices...
Rent control ordinance passed in Colorado; Cities scramble to implement, Affordable housing declines, Who pays?

Rent control ordinance passed in Colorado; Cities scramble to implement, Affordable housing declines, Who pays?

It is no secret that rent in Denver and throughout the state has increased.  A one bedroom in 2010 leased for 800, fast forward to 2021, that same one bedroom is now leasing for 1646 a month, a 106% increase.  The legislature has taken up the fight with hb21-1117...

Frisco, CO considers declaring state of “emergency”; it is not for what you would expect.

City officials in mountain communities are worried rising home prices are pricing the workforce out of the market. “We’re really at risk of creating the modern era-ghost town in our mountain towns, where the lights are on and no one has a home to live in,” Hunter...
Is help on the way for spiraling Colorado real estate taxes? What is Initiative 27?     

Is help on the way for spiraling Colorado real estate taxes? What is Initiative 27?     

If you got your recent tax assessment, I am sure you have a little sticker shock.  Not only are values going up but so are your property taxes.  Fortunately, there could be some relief on the way.  What is in the new ballot initiative 27 and how much will this save...
Is this property worth 550k? Three free real estate tools you must use to evaluate CO properties

Is this property worth 550k? Three free real estate tools you must use to evaluate CO properties

Unfortunately, as the Colorado real estate market has heated up, so have the number of “questionable” appraisals. I was recently sent an appraisal with a value of 550k on the picture above, just the garage looking structure in the picture.  Fortunately, there are...