This was a little alarming! Seven different county assessors held a conference to announce spikes in median home values. Property tax increases will vary greatly, depending on factors such as neighborhood popularity, amount of new construction and affordability. Value range anywhere from 17% to 60%!
Amazing article! I love some of the quotes from over 600 subscribers that replied to this! We all think similarly. In our 20's there is no need to think about retirement, just focus on spreading our wings and having fun. 30's hit and it is time to settle down with a career, white picket fence and kids. We all have this stereotype in our mind of where we should be in each decade of our life.
“When I turned 40 my father told me that I’d enjoy my forties because in your 20s you think you know what’s going on, in your 30s you realize you probably don’t, and in your 40s you can relax and just accept things. I’m 58 and he was right.”
Did you know that since April 7, 2015, Zillow was no different than Craigslist? As of this date, all Realtors had to manually enter and delete listings (and we know how accurate that became.) Nothing has changed since then. Except now Zillow says they won’t even take manually entered listings only syndicated ones. Smart move. Since they only had about 75% of the active listings anyway, now they will lose all credibility.
What this means is that Zillow (and Zillow-owned Trulia) will go completely DARK in Denver as of May 1st. Why? Because the Denver MLS won’t feed them listings automatically, and if Realtors can’t manually input them then Zillow won’t have any presence here whatsoever. FINALLY. Goodbye and good riddance.
We are happy to give any buyer a personal portal on the Denver MLS to search for homes for sale or rent. This is where all listings start all the time anyway, and its 100% accurate 100% of the time.
Denver licensing officials for the first time are going after short-term rental hosts on Airbnb, HomeAway and other online services — more than 1,000 of them.
All AirBNB's in Denver must now collect 10.75% tax. Crazy.
With Fannie Mae's HomeStyle Energy mortgage, borrowers can finance up to 15% of a home's "as completed" appraised value for energy efficiency improvements by receiving a Home Energy Score.
• Borrowers in this program can also qualify for a stretch on their debt-to-income ratios for homes that score a 6 or higher, or for making improvements to a less efficient home.
• The Federal Housing Administration (FHA) has a similar policy that allows larger debt-to-income ratios for high scoring homes.
• These policies reflect the fact that more efficient homes have lower operating costs.
• Colorado is going a step further as the first to tie financial incentives directly to the Home
• To sweeten the deal at time of purchase or refinance, Colorado is offering $750 for every one-point improvement a borrower makes on the Home Energy Score, up to $3,000 for a four point jump in Score.
• The state hopes these financial incentives will attract more borrowers who are interested in making improvements they otherwise couldn’t afford or might overlook.