Property tax bomb awaiting Denver  

Property tax bomb awaiting Denver  

  Denver office vacancy exceeds 30% for first time since 1990’s In 2019 office vacancy stood around 16%, lower than the national average.  Fast forward and Denver office vacancy has almost doubled to over 30%.  Why is the vacancy rate so important to Denver...
2024 Colorado real estate predictions, will prices continue falling?

2024 Colorado real estate predictions, will prices continue falling?

Wow, 2023 has been quite the year in real estate.  The beginning of the year started out good but as interest rates rose substantially volumes dropped off a cliff and prices began falling.  What do the changes mean for Colorado real estate in 2024?  Will prices have a...
Second homeowners charged higher property taxes in Colorado

Second homeowners charged higher property taxes in Colorado

Although HH, the Colorado tax reduction initiative was ultimately defeated, there was one profound item in the legislation that will have far reaching impacts.  One of the biggest changes in the proposal is that second homeowners (non-primary residents) are now paying...
Colorado property tax bill fails in stunning defeat

Colorado property tax bill fails in stunning defeat

What happens now for Colorado property tax relief? Leading up to election day, millions was spent to try to convince voters to give up Tabor for small tax relief. Voters saw through the games and complexity and in the end the bill failed miserably with over 60% voting...
New CO outlaws housing caps

New CO outlaws housing caps

Colorado is expensive (as shown above for Boulder) and the legislature thinks they once again have the answer.  In the last legislative session all eyes were focused on a sweeping land use proposal basically outlawing single family zoning which was ultimately...

Cannabis quickly coming off its high; the green rush turning red; impact on real estate

Cannabis was the new goldmine for many years.  I always am entertained by the chart above form a few years ago showing the sales of marijuana/resident.  Unfortunately, the high does not last and is turning more into a hangover as marijuana becomes more mainstream with...