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...
‘Airbnb collapse’, what does this mean for Colorado cities and real estate prices

‘Airbnb collapse’, what does this mean for Colorado cities and real estate prices

A tweet that went viral last week proclaimed “the Airbnb collapse is real,” with a screenshot of data attributed to AllTheRooms, a short-term rentals analytics company, showing revenue per available listing at Airbnbs between May 2022 and May 2023 down...
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...