Did Breckenridge implement rent control? Did Summit County take “property rights”?

Did Breckenridge implement rent control? Did Summit County take “property rights”?

A federal judge has effectively frozen a legal battle over Summit County’s short-term rental regulations — at least temporarily — after county officials filed a motion to dismiss a lawsuit brought by area homeowners. One of the claims of homeowners is that the new...
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,...
Live like a local, pay hotel property taxes on nightly rentals

Live like a local, pay hotel property taxes on nightly rentals

Big changes in store for Colorado real estate in the upcoming legislature   Colorado Governor Polis, in a recent interview, called short term rentals paying residential rates a “loophole” that he supports closing.  “Residential properties that work like hotels...
Will real estate crash in Colorado? Where should you not invest in Colorado?

Will real estate crash in Colorado? Where should you not invest in Colorado?

The good times continue to roll on. Inventory is down and prices are stabilizing and still increasing in some markets. When will there be a reset in Colorado real estate prices.  What happens when this cycle ends?  Are there opportunities currently?  Where will new...
Colorado mortgage payments set to skyrocket even if you have a fixed mortgage

Colorado mortgage payments set to skyrocket even if you have a fixed mortgage

Nobody is talking about the impending storm coming for Colorado property owners.  Even with fixed rate mortgages, payments are set to skyrocket next year.   What will cause everyone’s payments to jump in 2024 on top of large increases already for 2023...