There is no real estate inventory in Colorado, yet closings are up

There is no real estate inventory in Colorado, yet closings are up

If you look at Denver county, the number of properties sold is up 10% , in Routt County (Steamboat) sales of single family homes is up 30% over 2019.  If there is no inventory/ little inventory available how are sales continuing to break records.  Is there another...
New tax plan in Congress will hit Colorado real estate hard.

New tax plan in Congress will hit Colorado real estate hard.

Colorado real estate is on a tear, with appreciation off the charts.  In Denver appreciation is up 25% year over year.  Unfortunately, all this appreciation could cause some large tax hits based on the new legislation.  How will the new legislation...
Rent control ordinance passed in Colorado; Cities scramble to implement, Affordable housing declines, Who pays?

Rent control ordinance passed in Colorado; Cities scramble to implement, Affordable housing declines, Who pays?

It is no secret that rent in Denver and throughout the state has increased.  A one bedroom in 2010 leased for 800, fast forward to 2021, that same one bedroom is now leasing for 1646 a month, a 106% increase.  The legislature has taken up the fight with hb21-1117...
Is help on the way for spiraling Colorado real estate taxes? What is Initiative 27?     

Is help on the way for spiraling Colorado real estate taxes? What is Initiative 27?     

If you got your recent tax assessment, I am sure you have a little sticker shock.  Not only are values going up but so are your property taxes.  Fortunately, there could be some relief on the way.  What is in the new ballot initiative 27 and how much will this save...
Rent control ordinance passed in Colorado; Cities scramble to implement, Affordable housing declines, Who pays?

Long Term Rental licenses now required in Denver; Costs and requirements skyrocket; affordable housing reduced

Denver is making waves again with the passage of a new law that requires all long-term rental properties to meet “min housing requirements”.  On the surface the new law sounds innocuous, but the reality is far different.  How will these new requirements impact the...