Ready to give Colorado 270 million more of your money?

Ready to give Colorado 270 million more of your money?

A new Ballot proposal, 108, will be voted on in November to “divert to” (aka give) the state of Colorado an additional 270 million dollars of taxpayer’s money for affordable housing.  What is in the new proposal?  How effective will a statewide fund be?   What can we...
New Short Term rental tax 20.4%, what does this mean for real estate?

New Short Term rental tax 20.4%, what does this mean for real estate?

While other mountain towns implemented taxes and regulations on short term rentals, Steamboat was a bit late to the party.  Locals were not happy and elected a new council.  The new ballot question will raise the short term rental tax to 20.4%.  Will this pass in...
Denver a top ten “outflow” destination with more looking to leave

Denver a top ten “outflow” destination with more looking to leave

A record 32.6% of Redfin.com users nationwide looked to move from one metro to another in the second quarter, up slightly from 32.3% in the first quarter and roughly 26% before the pandemic.  Denver was recently named by Redfin a top “outflow” destination with...
Denver real estate predicted to increase appreciation this year and next year

Denver real estate predicted to increase appreciation this year and next year

Well’s Fargo just released its midyear housing update and from the surface it looks rosy for Denver and Colorado.  How accurate are their assumptions?  Will Colorado real estate continue to increase in light of an impending recession? Hint, don’t get too...
Ready to give Colorado 270 million more of your money?

Portland is a stark warning for Denver: Homelessness doubles, spending increases, impact on real estate

In Portland, the homeless population has increased 50% since Covid due to rapidly increasing house prices.  The same has happened in Denver, with the homeless population doubling from 20 to 21 while at the same time spending has increased to half a billion a year...