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...
Condos in Denver plummet does this signal wider problems ahead

Condos in Denver plummet does this signal wider problems ahead

      Condos were once the hottest real estate in Denver and throughout the front range and now suddenly the tides have turned.  Days on the market have jumped, prices are down, and sellers are now in a panic to dump properties.  Is now a good time to...
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...