What to expect in Colorado real estate the second half of the year; will the party continue?

What to expect in Colorado real estate the second half of the year; will the party continue?

Wow, the first half of 2023 has been relatively good in real estate throughout most markets.  Volumes are down substantially, but there has been little movement in prices.  Even with higher interest rates, most areas have stayed relatively flat, but the...
3 Colorado cities top boom-towns in country; what happened to each one?

3 Colorado cities top boom-towns in country; what happened to each one?

  SmartAsset uncovered the fastest-growing cities in the U.S. To identify the top boomtowns in America in 2021, they looked at the most recently available data for 500 of the largest cities across the following seven metrics: population change, unemployment rate,...
Mushroom theory got kicked apart in Denver real estate, what does this mean for prices?

Mushroom theory got kicked apart in Denver real estate, what does this mean for prices?

For the past 15 years or so, my “mushroom theory” was an amazing tool (no I’m not talking about the magic mushrooms that were approved by voters).  Up until Covid the mushroom theory worked like a charm to predict price appreciation in cities like Denver, but...
New property tax bill is radically altered leads to huge tax increases and allows local governments to grow 20 times inflation.

New property tax bill is radically altered leads to huge tax increases and allows local governments to grow 20 times inflation.

Wow! You can always hand it to the politicians to take a simple property tax measure and fill it to the brim so in the end it costs more than it actually saves you.  In a last-ditch effort, the Colorado legislature approved: SB23-303 Reduce taxes and voter...
Taxes jump, you have 30 days, how do you appeal (quick guide) and should you?

Taxes jump, you have 30 days, how do you appeal (quick guide) and should you?

Get ready for sticker shock; as you will be receiving your new  tax assessment in the next few weeks (typically the beginning of May) and time is of the essence as you have a limited window if you want to fight your tax value.  How can assessed values continue to...
Taxes jump, you have 30 days, how do you appeal (quick guide) and should you?

Denver prices set to fall 16%, will Golden handcuffs come off

I’m asked daily what happens to prices in high cost cities like Denver. Will prices stabilize due to the Golden handcuffs of low rates?   Will prices go into a free fall due to higher mortgage rates?  Historically there is a correlation between rents...