Denver real estate predictions: sales, costs, property taxes, falling prices and what experts expect for Denver home values next.
It is crazy to think that Denver’s minimum wage far exceeds ski towns and will increase yet again in 2027. Why is Denver’s minimum wage 26% higher than Steamboat Springs? What impact does a sky-high minimum wage have on businesses, employment, and real estate prices?...
In my blog last week Colorado real estate sales plunge 28%, will prices fall off the cliff I asked the question what happens to real estate prices in Denver next year. The experts have spoken and the results were resounding, and a bit surprising. What do real...
I was amazed at the recent statistics with single family sales falling off a cliff in the Denver metro area and in many markets throughout the state. Take a look at the chart above I created of 8 counties in Colorado. The huge decline in sales is not limited to...
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...
Throughout the state of Colorado property owners are paying substantially more in taxes than they should due to one fundamental flaw in the assessment. Here is a recent example: I was asked to evaluate a property in CO springs for a loan. The purchase price...
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...
Colorado has gone from red to purple, to now ultra blue. The headline in the Wall Street Journal says it all. Not only did a socialist win for Congress, but the governor’s race also went much farther left than predicted. Will changes in Colorado laws...
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...
In my blog last week Denver inventory surges and yet real estate prices still rise, I asked the question what are your predictions for real estate prices in 2026. Although a number of publications are predicting a huge reset in prices, the data from the survey shows...
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...
Our legislature recently enacted a new law that will impact large property owners starting this year. Who is impacted by the “Decarbonization law” Who will be paying millions for building upgrades (hint not the government)? Who will be on the hook for fines up to...
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...
How can property taxes jump 40% since 2023 when values are basically flat in most areas? Is there anything you can do about it? In 2022, with property values and in turn taxes surging, the Colorado governor signed a grand bargain to save on property taxes in...
Colorado has the biggest gap between the average mortgage rate borrowers are holding and what the market is which could create a bigger disincentive to sell, according to a study from U.S. News & World Report. Why does Colorado have the largest...
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...
A Denver judge recently "took" a property back from an investor that they bought at a 2021 foreclosure. What was the court case about? Why is this ruling so profound? Can lenders no longer loan on certain properties in Denver? What does this ruling...
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...
