Every where you go in the county it’s build, build, build. New homes, new multi-unit developments, and new commercial developments are everywhere. Frisco is no different. Here are some of the larger projects for new construction in Frisco 9097 Flats This project is underway already. The aspen meadow next to the preschool on Main Street […]
Is Pre-Pandemic Real Estate Activity Back?
The first quarter of 2024 is over. It looks like the craziness of the pandemic market is behind us now. Summit County went from around 1,800 pre-pandemic, real estate sales a year to just over 2,100 during the pandemic. Then dropping to 1,300 sales a year practically overnight in 2022 and 2023 when interest rates […]
Don’t Hire a Real Estate Agent
Expectations from the proposed NAR settlement
There’s been a lot of buzz about what the National Association of Realtors (NAR) settlement means to the real estate business. I’ve seen many blurbs on the news, read several articles and had a few conversations about what this could mean to business as usual. To catch you up If you haven’t heard, some unhappy […]
Colorado Bill to Increase Property Tax Rates on Short Term Rentals is Back in 2024
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 […]