Denver affordable housing, linkage fees on all construction, affordable housing eliminated

Denver affordable housing, linkage fees on all construction, affordable housing eliminated

Denver just released an “affordable housing program” with new requirements for low-income housing.  Multifamily will have large requirements for low-income housing that will drastically alter the type and number of units constructed.  Furthermore, all property owners...
What city has the highest real estate appreciation in Colorado? 5 years of appreciation in one

What city has the highest real estate appreciation in Colorado? 5 years of appreciation in one

As I was writing the article, I looked out the window to see this bear cub taking a stroll through the yard (don’t worry I was far away on a two story deck with a zoom lens).  Is this a sign?  Is a bear market in the offing?  I was amazed at the recent data...
Denver approves 450 million in bond measures, your property taxes increase almost 40%!

Denver approves 450 million in bond measures, your property taxes increase almost 40%!

Denver City Council recently approved five new bond initiatives to appear on the November ballot.  The total amount of this spending is 450 million paid for by anyone who lives or owns property in Denver.  What was in the bond initiative?  How high will...
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...
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...