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...
Why is Denver real estate falling?

Why is Denver real estate falling?

Denver has a 1.5 billion dollar plus problem as  office values in a free fall.  This puts Denver in one of the top three worst office markets in the entire country.  Ready for a huge rise in your property taxes?  Why is Denver suddenly moving from hot to not?  What...
Is Denver real estate actually rising?

Is Denver real estate actually rising?

  Take a look at the chart above from the Colorado Association of Realtors.  From the chart it looks like Denver real estate prices are staying constant or slightly rising.  Now, look at the chart below from Zillow for single family for the same time period.  The...
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 Construction law in CO will it help or hurt

New Construction law in CO will it help or hurt

  The Colorado Legislature has proposed a new law to limit lawsuits against builders in order to incentivize builders to increase supply of affordable housing.  Will the new law help or hurt the market.  What is in the new bill and how does it radically change...
Closing volumes plummet in Denver, did they really?

Closing volumes plummet in Denver, did they really?

  I’ve heard from every realtor that 2024 was a tough year in Colorado, interest rates were high and closing volumes plummeted, look at the chart above of Denver it tells a much different story, but is that the whole story.  Are volumes actually down regardless...