Rent control ordinance passed in Colorado; Cities scramble to implement, Affordable housing declines, Who pays?

Rent control ordinance passed in Colorado; Cities scramble to implement, Affordable housing declines, Who pays?

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...
Is help on the way for spiraling Colorado real estate taxes? What is Initiative 27?     

Is help on the way for spiraling Colorado real estate taxes? What is Initiative 27?     

If you got your recent tax assessment, I am sure you have a little sticker shock.  Not only are values going up but so are your property taxes.  Fortunately, there could be some relief on the way.  What is in the new ballot initiative 27 and how much will this save...
Rent control ordinance passed in Colorado; Cities scramble to implement, Affordable housing declines, Who pays?

Long Term Rental licenses now required in Denver; 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”.  On the surface the new law sounds innocuous, but the reality is far different.  How will these new requirements impact the...

Denver fines short term rental companies 1k, mountains and burbs not far behind

Denver officials will now fine short-term rental companies $1,000 for each illegal short-term rental transaction, City Council determined 11/20.  Littleton also passed a new ordinance to regulate short term rentals.  Is the new focus on nightly rentals unique to...
Denver’s inventory plummets 73%, prices jump 28%, Breck jumps 51%   

Denver’s inventory plummets 73%, prices jump 28%, Breck jumps 51%   

What a year Covid has brought to Colorado real estate.  From Denver to the resort communities, inventory has plummeted while prices have soared.  What caused this huge jump in prices?  Will the inventory increase in Denver and other markets?  Where do we go from here...