New lawsuit could void Colorado property tax relief

New lawsuit could void Colorado property tax relief

The ink was not even dry on the new proposal to reduce property taxes and radically alter Tabor that is supposed to go to voters in November when a lawsuit was filed.  Although, many legislators are acting surprised, the lawsuit was so obvious based on how the...
Mushroom theory got kicked apart in Denver real estate, what does this mean for prices?

Mushroom theory got kicked apart in Denver real estate, what does this mean for prices?

For the past 15 years or so, my ā€œmushroom theoryā€ was an amazing tool (no Iā€™m not talking about the magic mushrooms that were approved by voters).  Up until Covid the mushroom theory worked like a charm to predict price appreciation in cities like Denver, but...
Tax bills double in Ā CO mountain towns, new legislation doesnā€™t help, you can reduce your taxesĀ Ā Ā 

Tax bills double in Ā CO mountain towns, new legislation doesnā€™t help, you can reduce your taxesĀ Ā Ā 

Our legislative branch and Governor have touted a new proposal to drastically reduce property taxes after they have skyrocketed due to increasing values and the elimination of the Gallagher amendment.  Unfortunately the new bill will not help the overwhelming...
New property tax bill is radically altered leads to huge tax increases and allows local governments to grow 20 times inflation.

New property tax bill is radically altered leads to huge tax increases and allows local governments to grow 20 times inflation.

Wow! You can always hand it to the politicians to take a simple property tax measure and fill it to the brim so in the end it costs more than it actually saves you.  In a last-ditch effort, the Colorado legislature approved: SB23-303 Reduce taxes and voter...

Big changes in mountain real estate, volumes drop, but there is one big surprise

Although March is typically not a big sales time in the mountains with mud season and the resorts closed, there are some interesting trends emerging.  As suspected single family homes sales volumes have dropped dramatically along with median and average sales...
Colorado property tax relief: Polis reveals plan to ease skyrocketing tax bills

Colorado property tax relief: Polis reveals plan to ease skyrocketing tax bills

Colorado property taxes were set to jump almost 50% in some markets which finally go the attention of the Colorado Governor.   At the last minute, Governor Polis put together a proposal that supposedly will drastically save taxpayers.  What is in the new...