Legislature reaches compromise to reduce property taxes, but your property taxes still going up 37%

Legislature reaches compromise to reduce property taxes, but your property taxes still going up 37%

With initiative 74, which I wrote about last week, looking to likely pass, legislatures agreed to a last-minute compromise to try to avert a showdown over initiative 74. The solution, Senate Bill 238 to reduce property taxes.  Unfortunately, the math doesn’t add...
Denver inventory jumps 81%, are declining prices next

Denver inventory jumps 81%, are declining prices next

Spring has come in with a roar in the Denver metropolitan area as inventory from February to March jumped 81%.  What has caused the huge jump in inventory?  What does the change in inventory mean for prices?  How will Denver real estate perform compared...
66% of homes underinsured, this number is likely higher in CO, Why?  What should you do?

66% of homes underinsured, this number is likely higher in CO, Why?  What should you do?

About two out of every three homes in America are underinsured. The average underinsurance amount is about 22%, though some homes are underinsured by 60% or more. We saw this firsthand with the Marshall fire and pretty much every natural disaster in Colorado. ...
Marijuana banking off the table: impact on real estate

Marijuana banking off the table: impact on real estate

Facing a tough midterm election and divisions in Congress, the Biden administration is sidestepping the politically sensitive issue of loosening marijuana laws even as the idea has gained support of most Americans.  With no movement at the Federal level, what does...
Housing top priority for Colorado legislature, tax nightly rentals as commercial

Housing top priority for Colorado legislature, tax nightly rentals as commercial

Housing affordability top priority for Colorado legislature,  will they tax nightly rentals as commercial properties? “My No. 1 priority this session is to bring down the cost of living in Colorado,” House Speaker Alec Garnett, a Denver Democrat, said in his opening...
How “risky” is Denver real estate? How does Denver rank compared to the top 575 counties in the US?

How “risky” is Denver real estate? How does Denver rank compared to the top 575 counties in the US?

 ATTOM, curator of the nation’s premier property database, today released its fourth-quarter 2021 Special Coronavirus Report spotlighting county-level housing markets around the United States that are more or less vulnerable to damage from the ongoing Coronavirus...