Own a vacant building in Lakewood, the city will send you a bill

Own a vacant building in Lakewood, the city will send you a bill

New vacant building tax immediately implemented Lakewood, CO just implemented the first vacant building tax I have seen in Colorado.  It seems a bit counterintuitive to put more taxes on a property owner that is already struggling with vacancy.  Why did Lakewood...
Alterra (Ikon) buys Arapahoe Basin, impact on ski real estate

Alterra (Ikon) buys Arapahoe Basin, impact on ski real estate

Alterra Mountain Company has announced that it has entered into an agreement to purchase Arapahoe Basin in Colorado, from Dream Unlimited Corp., expanding Alterra’s portfolio of destinations in the Rockies.  What does this mean for real Colorado ski real estate? ...
Colorado has highest debt per person of any state

Colorado has highest debt per person of any state

What does Colorado’s debt load mean for real estate prices? I was surprised to see Colorado exceed every other state in the country on both the amount of debt and debt as a percentage of income.  Why do Coloradoans have more debt than others?  Why is debt an important...
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...
Bill to quadruple taxes on short term rental passes out of committee

Bill to quadruple taxes on short term rental passes out of committee

With the failure of proposition HH, the Colorado legislature is on the hunt for tax revenue and nightly rentals are in the cross hairs. Not surprisingly, the recent proposal to quadruple taxes on nightly rentals recently passed out of Colorado legislative committee...