I was floored at the recent study showing that Denver has now surpassed New York City for most expensive place to run a restaurant. How is it possible that it is more expensive to operate in Denver than other large cities throughout the country? What was in the...
A recent report ranks Colorado as the 4th most expensive State in the entire country and has increased every year in the rankings the last four years. Is Colorado becoming Whole Foods with high prices on everything? How should this change your investing decisions in...
AI is the hottest term on Wall street with stocks tanking or zooming based on their AI longevity. Can the same be said about real estate? Are some real estate markets better positioned for AI than others? How exposed are Boulder and Denver to the coming AI...
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...
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 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...
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...
Look at May statistics for Denver. With the surge in inventory I would have expected a sharp drop in prices, yet median and average sales price have barely budged. Now look at the chart below, what do you notice? Why are prices increasing even with an increase in...
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...
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...
Denver has a 1.5 billion dollar plus problem as office values in a free fall. This puts Denver in one of the top three worst office markets in the entire country. Ready for a huge rise in your property taxes? Why is Denver suddenly moving from hot to not? What...
Take a look at the chart above from the Colorado Association of Realtors. From the chart it looks like Denver real estate prices are staying constant or slightly rising. Now, look at the chart below from Zillow for single family for the same time period. The...
Every recent legislative session in Colorado continues to have a few bills that are perplexing. The most recent law would allow someone who is renting a property to not pay for any damages to the property and be fully refunded their security deposit. What is the new...
For the last 20 years Denver has been an amazing rental market with increasing house prices and in turn increasing rents. The tides have suddenly changed with prices stagnating and rents also falling in many areas. But the biggest changes killing property owners are...
The primary argument in nightly rental regulation debates is that locals who rent their properties would not be able to stay in the community so any regulations would drastically hurt locals. How true is this argument? A new study sheds substantial light on this...
Denver has finally released their sidewalk fee schedule that voters had approved two years ago. The new fee schedule will have huge consequences for property owners around Denver with some getting new fees of 2400+/ year. What is the sidewalk fee? How is this...
No doubt the presidential election was the most talked about in history, but the huge changes in Colorado are even more profound and will have major impacts on your daily life and wallet. What initiatives do you need to know about that will impact your wallet and...
There is a new proposal by the Denver city council to prohibit the construction of gas stations. The new bill puts forth several proposals that would make it increasingly difficult if not impossible to build new gas stations in Denver County. Ironically it will...
On the November ballot a special interest group just got approval for an initiative that targets one particular business that has been operating legally in Denver for over 70 years and has an economic impact of 382 million a year and employees over 600 people. ...
Every time I open the news, I’m amazed at what is happening in the Colorado legislature. As a rental property owner, I cringe as it is becoming next to impossible to cost effectively operate a rental property. The new law is titled “safe housing”. Who doesn’t want...
In April, Denver County recorded the largest number of eviction filings in one single month. There were 1,665 eviction filings, compared to 1,038 in April 2023 and 576 in April 2022. Why the sudden huge jump in eviction filings? Is this a trend or just a...
It has been quite the session with a ton of bills that have huge ramifications for property owners throughout Colorado. The proposals ranged from increasing taxes on nightly rentals, evictions protections, habitability, right of first refusal and various others. The...
Once again, as the legislature returns, the first order of business is housing and a recent bill “just cause for eviction” just passed that will rock the real estate industry. The recent proposal seems innocuous: “just cause for eviction” and yet hidden in the depths...
The Colorado legislature is out of control with their housing bills. The newest bill: “Real Property owner unit association collections” will drastically increase HOA fees for every property owner and likely could bankrupt many homeowner associations. What is in this...
