New affordable housing rule, government has first right of refusal on properties

  There is yet another proposal in the statehouse on affordable housing.  This new bill would allow governments the first right of refusal on basically any multifamily property.  On the surface, the new proposal sounds innocuous, but the devil is always...
Denver passes affordable housing law, 88% decline in Apartment permits.

Denver passes affordable housing law, 88% decline in Apartment permits.

Last year Denver passed an “affordable housing program” that requires  multifamily developments to pay linkage fees and/or reserve a percentage of units for low income housing.  What has happened to apartment construction since passage? Were my original...
Colorado property values soften.  Ready for a 51% jump in your property taxes

Colorado property values soften.  Ready for a 51% jump in your property taxes

Get ready for sticker shock as this year is a reassessment year.  As values soften throughout the state, will your property taxes finally go down?  Unfortunately the short answer is just the opposite, look for your taxes to jump an astronomical amount. ...
NYC Spars With Hosts Over New Airbnb Rental Laws, 25% drop in nightly rentals, what does this mean for Colorado

NYC Spars With Hosts Over New Airbnb Rental Laws, 25% drop in nightly rentals, what does this mean for Colorado

I always watch what happens on the coasts to see what is next for Colorado.  Whether it is minimum wage, required sick leave, etc… these all originated from the coasts and migrated to Colorado.  NY’s laws on nightly rentals will soon find their way to...
Will the golden handcuffs of low rates save Denver real estate in this cycle?  November paints an interesting picture of what the future holds.

Will the golden handcuffs of low rates save Denver real estate in this cycle?  November paints an interesting picture of what the future holds.

The prevailing theory is that this real estate cycle will be considerably better than others as so many people locked in rock bottom rates which will serve as “golden handcuffs” and prevent a meaningful increase in inventory.  This in turn will keep prices high...
Denver Long term rental licenses go into effect Jan 23; Costs and requirements skyrocket; affordable housing reduced

Denver Long term rental licenses go into effect Jan 23; 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”.  This new law goes into effect on January 1 2023.  On the surface the new law sounds innocuous, but the reality is...