Denver prices set to fall 16%, will Golden handcuffs come off

Denver prices set to fall 16%, will Golden handcuffs come off

I’m asked daily what happens to prices in high cost cities like Denver. Will prices stabilize due to the Golden handcuffs of low rates?   Will prices go into a free fall due to higher mortgage rates?  Historically there is a correlation between rents...
Coloradans can defer payment on a big chunk of their rising property tax bill; should you???

Coloradans can defer payment on a big chunk of their rising property tax bill; should you???

The legislature passed a little known bill in 2021 to allow property owners to defer their property taxes above 4% increase starting in 2023.  On the surface, this sounds like a great plan.  Why wouldn’t someone want to defer their property taxes.  Unfortunately the...
Rent Control through the backdoor in Colorado passed the house

Rent Control through the backdoor in Colorado passed the house

Every time I turn around there is yet another proposal to implement rent control.  The newest house bill concerning requiring just cause for an eviction recently passed its first hearing.  On the surface it sounds harmless, but the details are the most...

New affordable housing rule, government has first right of refusal on properties

  There is yet another proposal in the statehouse on affordable housing.  This new bill would allow governments the first right of refusal on basically any multifamily property.  On the surface, the new proposal sounds innocuous, but the devil is always...
Denver passes affordable housing law, 88% decline in Apartment permits.

Denver passes affordable housing law, 88% decline in Apartment permits.

Last year Denver passed an “affordable housing program” that requires  multifamily developments to pay linkage fees and/or reserve a percentage of units for low income housing.  What has happened to apartment construction since passage? Were my original...
Colorado property values soften.  Ready for a 51% jump in your property taxes

Colorado property values soften.  Ready for a 51% jump in your property taxes

Get ready for sticker shock as this year is a reassessment year.  As values soften throughout the state, will your property taxes finally go down?  Unfortunately the short answer is just the opposite, look for your taxes to jump an astronomical amount. ...