Property taxes on short-term rental properties in Colorado would more than triple under a bill drafted by state lawmakers that comes as communities from Durango to Denver grapple with surging numbers of vacation rentals. What is in the new proposal? How...
As I was writing the article, I looked out the window to see this bear cub taking a stroll through the yard (don't worry I was far away on a two story deck with a zoom lens). Is this a sign? Is a bear market in the offing? I was amazed at the recent data tracking...
Google bets 2.1 billion that cities like NY, Denver, Atlanta, etc… are immune from WFH. What is Google saying with their actions on the future of work from home. Why are “superstar” cities unlikely to feel much impact from the future of work from...
Denver City Council recently approved five new bond initiatives to appear on the November ballot. The total amount of this spending is 450 million paid for by anyone who lives or owns property in Denver. What was in the bond initiative? How high will...
Wow, it has been quite the run in Colorado Mountain real estate. Prices have been off the charts with many mountain communities roughly doubling over the last 2 years. For example in Summit county, home to Breckenridge, the median home price increased from 750k to...
With the new Delta variant circulating throughout the country and Colorado, what will be the impact on residential and commercial real estate? Will back to the office plans be shuttered impacting real estate prices in cities? Will there be a continued flight to the...
Airbnb sent out an urgent request to hosts to: “ We urgently need your involvement NOW,” the email stated as it instructed hosts how to provide public comment. “It is critical to speak up against the proposed moratorium on all new permits.” The town of Crested Butte...
Metro Denver’s housing market has been changing in recent weeks, much like a cold front ending record heat, and could provide significant relief for buyers if this continues, local real estate agents say. The market has started moving in the past two to three weeks...
If you look at Denver county, the number of properties sold is up 10% , in Routt County (Steamboat) sales of single family homes is up 30% over 2019. If there is no inventory/ little inventory available how are sales continuing to break records. Is there another...
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...
Last summer was a tipping point with mountain towns overflowing with tourists and their impacts becoming more noticeable including traffic, crowded trails, etc… As more people move to the mountains full time there is a bigger push to diversify the mountain towns away...
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...
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...
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...
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...
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...
