Colorado property values soften.  Property taxes increased 36%-82%

Colorado property values soften.  Property taxes increased 36%-82%

Get ready for sticker shock as you open the mail and get your tax bill.  As values soften throughout the state, why are your property taxes going up?   How can assessed values continue to increase even though property values are softening?  Why will your taxes likely...
Is Colorado setting up buy now pay later for property taxes

Is Colorado setting up buy now pay later for property taxes

The legislature passed a little known bill to allow property owners to defer their property taxes above 4% increase starting in 2023. To get the message out, they sent out the flier above that I received this week.  On the surface, this sounds like an amazing plan. ...
Denver has highest increase in violent crime in US, impact on real estate

Denver has highest increase in violent crime in US, impact on real estate

Of U.S. cities with more than half a million residents, only Denver’s overall violent crime (including aggravated assault, sex assault, robbery and homicide) has risen by more than 90% between 2012 and 2022, according to FBI data.  What does the surge in crime mean...
Property tax bomb awaiting Denver  

Property tax bomb awaiting Denver  

  Denver office vacancy exceeds 30% for first time since 1990’s In 2019 office vacancy stood around 16%, lower than the national average.  Fast forward and Denver office vacancy has almost doubled to over 30%.  Why is the vacancy rate so important to Denver...
Second homeowners charged higher property taxes in Colorado

Second homeowners charged higher property taxes in Colorado

Although HH, the Colorado tax reduction initiative was ultimately defeated, there was one profound item in the legislation that will have far reaching impacts.  One of the biggest changes in the proposal is that second homeowners (non-primary residents) are now paying...
Ready for Colorado property taxes to increase 35%

Ready for Colorado property taxes to increase 35%

    With much fanfare, CO legislators met in a special session to focus on tax relief once again after the searing defeat of HH.  As suspected, the agenda was filled with allot of stuff not related to property taxes (Tabor checks, low income tax credits,...