What’s Working: A version of this story first appeared in a segment of our weekly What’s Working column on July 23, 2022. Additional details are included in this story. Read the full column. >> Sign up for the newsletter Just like home prices, rents are still much higher than they were pre-pandemic. According to Zillow’s […]
rent
Posted inOpinion
Opinion: Denver landlords are required to heat their rentals. They should also cool them in the summer
Even before summer officially arrived June 21, it had been hot in Denver — record-tying hot. As temperatures soared into the high 90s for multiple days, Denver tied all-time heat records on June 11 and June 13. If you’re fortuitous enough to have air conditioning or cooling, you probably stayed home in the cool air. […]
Posted inGrowth, Health, News, Politics and Government, Wildfire
Colorado passed new laws intended to help tenants. But those affected by the Marshall fire say they’re not working.
Before the Marshall fire burned about 1,000 homes in Louisville and Superior and rained potentially toxic ash on hundreds of others, Colorado strengthened laws for tenants doing battle with landlords. One law change in 2020 prohibited price gouging, including for rent, after a disaster. Another recent legislative update said landlords have 24 hours to address […]
Posted inEconomy, Housing, News
In Colorado’s current real estate market, is it better to be a renter right now?
What’s Working: This is a segment of our weekly What’s Working column. Read the full column. >> Sign up for the newsletter Feel like there’s no chance you can buy a house? You may be better off renting anyway. With national average mortgage payments of $2,576.39, that’s above average rent of $1,589 in Colorado, according […]
Posted inEconomy, Housing, News
In Colorado’s heated real estate market, is it better to be a renter right now?
What’s Working: This is a segment of our weekly What’s Working column. Read the full column. >> Sign up for the newsletter Feel like there’s no chance you can buy a house? You may be better off renting anyway. With national average mortgage payments of $2,576.39, that’s above average rent of $1,589 in Colorado, according […]
Posted inBusiness, Economy, Housing, News
What’s Working: Same Denver house, same price, but $190 more per month
The biggest inflation news this week erupted Wednesday as the Federal Reserve announced the largest interest rate increase since 1994. While expected, that doesn’t make it any easier for those hunting for a new house, especially in Colorado, and realizing the monthly cost may have gone up hundreds of dollars in one week. But don’t […]
Posted inBusiness, Coloradans, Economy, Housing, News, Wildfire
Boulder County housing prices are still climbing 6 weeks after Marshall fire
Sandra Thomas-Comenole can’t rest yet. Seven weeks after her family lost their home to the Marshall fire, she, her husband and three of their children are in their third house since the fire tore through neighborhoods in Superior, Louisville and unincorporated Boulder County. As the weeks tick by since the fire, Thomas-Comenole and her family […]
Posted inEconomy, Growth, Housing, News, Politics and Government
Proposition 120: Voters will decide if Colorado property taxes will go down — at least for some
Colorado’s residential property taxes are already among the nation’s lowest, but a measure on the 2021 statewide ballot would drop them ever lower — for some. Proposition 120 would, if approved by voters, reduce the property tax assessment rates for multifamily housing to 6.5% from 7.15% starting in 2022. If you owned affected property valued […]
Posted inOpinion, Opinion Columns
Opinion: It’s time to lock in affordable housing stock before the market snaps it all up
East Colfax always was the kind of neighborhood where people could reliably find affordable housing close to downtown Denver, and it was predominantly home to families of color, one result of redlining policies that dictated where people could and could not live. Then the housing market crashed and nearly 20 percent of homes in the […]
Posted inBusiness, Economy, News
Colorado sees record $55 million in rent assistance requests in past month — more than all of 2020
A record number of applications seeking help with monthly rent or mortgage payments flooded Colorado’s rent-assistance programs in January after a state eviction moratorium ended. More than $55 million was requested between Jan. 4 and Feb. 8, which was more than all of 2020, according to data from the state Division of Housing. But the […]