Denver minimum wage jumps 20/hour impact on real estate

Denver minimum wage jumps 20/hour impact on real estate

As part of an ordinance passed by Denver City Council in 2019 to get the city’s lowest earners to a better wage and then link annual pay raises to the Consumer Price Index starting in 2023, Denver’s min wage has jumped 70% in the last 6 years. This has put Denver in...
New Ghost tax in Denver: how much will it cost you?

New Ghost tax in Denver: how much will it cost you?

  I’m amazed at the creativity in Denver to tax property owners more.  The recent proposal is a “ghost tax” on select rental properties throughout Denver County.  This ghost tax could be a game changer for the rental industry in Denver.  What is in the new...
Denver takes property from an investor

Denver takes property from an investor

    A Denver judge recently “took” a property back from an investor that they bought at a 2021 foreclosure.   What was the court case about?  Why is this ruling so profound?  Can lenders no longer loan on certain properties in Denver?  What does...
New bill in Colorado legislature drastically increases HOA fees

New bill in Colorado legislature drastically increases HOA fees

The Colorado legislature is out of control with their housing bills. The newest bill: “Real Property owner unit association collections” will drastically increase HOA fees for every property owner and likely could bankrupt many homeowner associations.  What is in this...
Denver Tops the nation in rent increases; if it is not due to demand, then what?

Denver Tops the nation in rent increases; if it is not due to demand, then what?

Metro Denver apartment rent inflation has outstripped income gains by a higher margin than any other major city in the U.S. since 2009, according to a recent study by Real Estate Witch.  Furthermore, Denver has experienced the second highest jump in rents in the...
Denver ties Detroit in a top 10 list      

Denver ties Detroit in a top 10 list      

It is not very frequently Denver and Detroit get lumped together for anything.  But both cities unfortunately have a few things in common now.  In this case Denver and Detroit take top honors as top 10 states in a Redfin study where more people are looking...