Denver surpasses Tampa with fastest falling prices: is the sky falling

Denver surpasses Tampa with fastest falling prices: is the sky falling

  Home values in Denver are falling faster than any other major metro area tracked by a key index, earning the Mile High City a dubious distinction as the weakest housing market in the nation.  From the chart above it looks like Denver is in a free fall compared...
Think your property taxes are high, are you ready for a 40% increase?

Think your property taxes are high, are you ready for a 40% increase?

    I’m amazed that there hasn’t been a bigger emphasis on the financial cliffs that most major cities will soon face.  Most cities are heavily funded by property taxes and most importantly commercial property taxes.  How will cities fund their budgets that...
Colorado Statewide mandate 20 houses on any lot

Colorado Statewide mandate 20 houses on any lot

Colorado has continued pushing for statewide zoning in the last several legislative sessions.  The new proposal, House Bill 26-114 would radically alter every community in Colorado. The new bill mandates 2k foot min lot sizes statewide (no exceptions for any cities)....
Denver minimum wage jumps 20/hour impact on real estate

Denver minimum wage jumps 20/hour impact on real estate

As part of an ordinance passed by Denver City Council in 2019 to get the city’s lowest earners to a better wage and then link annual pay raises to the Consumer Price Index starting in 2023, Denver’s min wage has jumped 70% in the last 6 years. This has put Denver in...
New Ghost tax in Denver: how much will it cost you?

New Ghost tax in Denver: how much will it cost you?

  I’m amazed at the creativity in Denver to tax property owners more.  The recent proposal is a “ghost tax” on select rental properties throughout Denver County.  This ghost tax could be a game changer for the rental industry in Denver.  What is in the new...
Are politics leading to lower Denver house prices?

Are politics leading to lower Denver house prices?

Can Denver’s fall in housing prices off its peak be contributed to politics?  How does Denver stack up to other cities with different politics?  Are Denver’s current woes a blip or a trend?  Where do prices head from here?  Take a look at the chart above, what is...