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...
Why is Denver real estate falling?

Why is Denver real estate falling?

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...
Is Denver real estate actually rising?

Is Denver real estate actually rising?

  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...