Property Taxes Archives - Walters & Co.

February 2024 Housing Update

18 March 1:52 pm

“Don’t wait to buy real estate. Buy real estate and wait.” ~ Will Rogers, actor February Continues to Boost Inventory Inventory levels at the end ofFebruary were 25% higher than last year and 176% higher than two years ago thanks in part to sellers bringing listings to the market. Data shows double-digit increases in the number of New Listings for the second consecutive month as sellers brought 4,267 homes to the market. Buyer Activity Up and Days on Market Down Home shoppers were active in February. Throughout the month, they executed contracts on 3,454 home listings. The number of listings pending sale…

2023 Property Tax Appeals – Tips and Tricks

18 May 1:44 pm

Be Clear, Be Concise and Be Kind This seems to be the subject of the Month. We have had so many folks reach out to us about appealing their property taxes and in the meantime we have gone on a mission to learn all we could about what a successful appeal looks like. There are 3 components to your property tax bill: 1) Assessment Rate from State Statute 2) Tax Rate (Mill Levy) based on Taxing Authorities in your Taxing District 3) Assessor’s Actual Property Value based on Sales in the Study Period: July 1, 2020 – June 30,…

The Many Faces of The Denver Housing Market

3 May 3:05 pm

As we head closer to the much-anticipated Spring Real Estate Market we are seeing a split view. Our client’s stories vary, on one hand they are seeing homes under 400K selling for less than asking price with lots of contract contingencies. The other hand in the luxury market (above 1 million) experiencing multiple CASH offers with no contract contingencies accepted (The stats say otherwise by the way: Homes under 1 million getting 100% of asking price and homes selling over 1 million getting 99.23% of asking price). In most cases these stats do not support what our active clients…