Housing top priority for Colorado legislature, tax nightly rentals as commercial

Housing top priority for Colorado legislature, tax nightly rentals as commercial

Housing affordability top priority for Colorado legislature,  will they tax nightly rentals as commercial properties? “My No. 1 priority this session is to bring down the cost of living in Colorado,” House Speaker Alec Garnett, a Denver Democrat, said in his opening...
How “risky” is Denver real estate? How does Denver rank compared to the top 575 counties in the US?

How “risky” is Denver real estate? How does Denver rank compared to the top 575 counties in the US?

 ATTOM, curator of the nation’s premier property database, today released its fourth-quarter 2021 Special Coronavirus Report spotlighting county-level housing markets around the United States that are more or less vulnerable to damage from the ongoing Coronavirus...
Denver affordable housing, linkage fees on all construction, affordable housing eliminated

Denver affordable housing, linkage fees on all construction, affordable housing eliminated

Denver just released an “affordable housing program” with new requirements for low-income housing.  Multifamily will have large requirements for low-income housing that will drastically alter the type and number of units constructed.  Furthermore, all property owners...
What happens to house prices after Colorado’s most expensive wildfire

What happens to house prices after Colorado’s most expensive wildfire

The recent fires in Boulder County were astounding in regard to location, destruction, and time of year.  Typically, when we think of fire in Colorado we think of the foothills/rural areas and the urban/forest interface in the Spring through Fall.  The recent fires in...
2022 Colorado real estate predictions, will the party continue one more year?

2022 Colorado real estate predictions, will the party continue one more year?

Wow, 2021 has been quite the year in real estate.  Statewide, the median home price is now $532,000, up 18.5% from last year. In Summit County (home to Breckenridge, Keystone, etc..) the median home is now 1.6m up almost 30% from last year.  Where does Colorado real...
Investors purchase record number of homes (1.7b) in Denver, what does this mean for values

Investors purchase record number of homes (1.7b) in Denver, what does this mean for values

According to a recent Redfin study, investors purchased almost 17% of all houses in metro Denver, up from 9% a year ago.  “Investors are expecting rents to increase in the coming years,” said Redfin Chief Economist Daryl Fairweather.  What does this mean for real...