The residential tax rate for 2023 in Colorado is 6.76%. The commercial tax rate for 2023 in Colorado is 27.9%. A draft Colorado bill to increase property tax rates on short term rentals will convert those properties that are short term rentals from the residential rate to the commercial rate. That’s a huge tax increase! […]
Frisco Trick or Treat Street
Halloween transforms Main Street in Frisco into a spooky haunt full of zombies, witches & vampires. Dogs, kids & adults all don costumes and come out to celebrate All Hallow’s Eve. Frisco Trick or Treat Street is an annual event that brings the kids to Frisco to trick or treat at businesses. Here, a trove […]
Proposition HH on Colorado’s November Ballot
The huge increase in property values during the pandemic was reflected in the huge increase in property valuations during the reassessment in 2023 which will result in huge property tax bills early next year. The previous repeal of the Gallagher Amendment by voters in 2020 has not helped this by removing the guard rails on […]
Appeal 2023 Valuation for Summit County CO
With the massive increases we are seeing in valuations in Summit County, everybody is asking for more information to appeal the 2023 valuations on their properties. For the last few days I have been sending out sales for the time period 7/1/2017-6/30/2022, the period the assessor is utilizing for this year’s valuation. Homeowners are doing […]
2023 Property Tax Valuations are Now Available
April showers bring May property tax valuations in Colorado. Notices of Valuation were sent out by the Summit County Assessor’s office on May 1st. I suggest you sit down before you open the mail and see your new property valuation and estimated 2023 property tax bill. Values have gone up substantially since the last valuation […]
Deed Restricted Properties in Frisco
March Real Estate Update for Summit County CO
March marks the end of the 3rd year since the country was locked down due to the Coronavirus pandemic. A lot has happened in those three years. Initially real estate activity came to an abrupt halt, along with most everything else. Real estate became an essential service and we were allowed to show property again. […]
CO Ski Area Closing Dates 2023
Encouraging Residential Sales in Summit County
February residential sales in Summit County were a bright spot in what we expected to be a dismal real estate market. With high interest rates constricting demand, we have had pretty low expectations for 2023 real estate sales. February is giving us hope that the housing market is not still in constriction. Maybe the Summit […]
Land Owners may be Targets for Fraud
Every time we turn around, there is another way someone has figured out to scam people. Because real estate often involves large amounts of money, it’s no surprise that there are consistently new ways someone is trying to steal that money. Recent scams include renting out properties they don’t own or sending alternate wiring instructions […]