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...
Long Term Rental licenses now required in Denver; Costs and requirements skyrocket; affordable housing reduced

Long Term Rental licenses now required in Denver; Costs and requirements skyrocket; affordable housing reduced

Denver is making waves again with the passage of a new law that requires all long-term rental properties to meet “min housing requirements”.  On the surface the new law sounds innocuous, but the reality is far different.  How will these new requirements impact the...
Will new Fannie/Freddie rules put the brakes on Colorado ski real estate?

Will new Fannie/Freddie rules put the brakes on Colorado ski real estate?

Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department.  Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly announced...
Vail resorts drops prices 20%,Breckenridge imposes nightly rental moratorium; who wins the battle and the war?

Vail resorts drops prices 20%,Breckenridge imposes nightly rental moratorium; who wins the battle and the war?

I thought it was ironic that Vail resorts announces a giant price drop to increase sales volumes of their passes while at the same time Breckenridge announces a proposed moratorium on nightly rental licenses.  The opposing announcements were not coincidental and...

New Proposed tax plan will eliminate millions of acres of Colorado Open Space

I am always amazed at how out of touch our elected officials are with what happens in the real world.  The new tax plan circulating through Congress is no exception with the supposed target high net worth taxpayers, but middle class, small business owners, farmers,...