What to expect in Colorado real estate the second half of the year; will the party continue?

What to expect in Colorado real estate the second half of the year; will the party continue?

Wow, the first half of 2023 has been relatively good in real estate throughout most markets.  Volumes are down substantially, but there has been little movement in prices.  Even with higher interest rates, most areas have stayed relatively flat, but the...
91% believe rent “stabilization” in Colorado should be implemented, what happened in the legislature?

91% believe rent “stabilization” in Colorado should be implemented, what happened in the legislature?

In a recent survey done by New Era Colorado where they polled 506 Coloradans between 18 and 34, a whopping 91% supported “rent stabilization” policies.  The legislature is hearing this drumbeat loud and clear.  The biggest focus of this legislative session has focused...
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 “mushroom theory” was an amazing tool (no I’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  CO mountain towns, new legislation doesn’t help, you can reduce your taxes   

Tax bills double in  CO mountain towns, new legislation doesn’t help, you can reduce your taxes   

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...

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...