Colorado mortgage payments set to skyrocket even if you have a fixed mortgage

Colorado mortgage payments set to skyrocket even if you have a fixed mortgage

Nobody is talking about the impending storm coming for Colorado property owners.  Even with fixed rate mortgages, payments are set to skyrocket next year.   What will cause everyone’s payments to jump in 2024 on top of large increases already for 2023...
Colorado Foreclosure filings, where are they and what does this mean for values? What is the number one driver of foreclosures?

Colorado Foreclosure filings, where are they and what does this mean for values? What is the number one driver of foreclosures?

Many counties in Colorado are now using an online auction program for foreclosure sales which provides an interesting comparison of where distressed real estate deals are occurring.  Denver, the most populous county in Colorado, is not even close to the top of...
Appealed your Colorado property taxes, what is next, one fundamental flaw in assessor data.

Appealed your Colorado property taxes, what is next, one fundamental flaw in assessor data.

Hopefully many of you on this list took the time to appeal your Colorado property taxes.  I absolutely did!  For my appeal, I filed the formal appeal and also spoke with the assessor to discuss.  I got my letter this week and the assessor refused to...
91% believe rent “stabilization” in Colorado should be implemented, what happened in the legislature?

91% believe rent “stabilization” in Colorado should be implemented, what happened in the legislature?

In a recent survey done by New Era Colorado where they polled 506 Coloradans between 18 and 34, a whopping 91% supported “rent stabilization” policies.  The legislature is hearing this drumbeat loud and clear.  The biggest focus of this legislative session has focused...
New property tax bill is radically altered leads to huge tax increases and allows local governments to grow 20 times inflation.

New property tax bill is radically altered leads to huge tax increases and allows local governments to grow 20 times inflation.

Wow! You can always hand it to the politicians to take a simple property tax measure and fill it to the brim so in the end it costs more than it actually saves you.  In a last-ditch effort, the Colorado legislature approved: SB23-303 Reduce taxes and voter...
Colorado property tax relief: Polis reveals plan to ease skyrocketing tax bills

Colorado property tax relief: Polis reveals plan to ease skyrocketing tax bills

Colorado property taxes were set to jump almost 50% in some markets which finally go the attention of the Colorado Governor.   At the last minute, Governor Polis put together a proposal that supposedly will drastically save taxpayers.  What is in the new...