Real estate news and product updates for Colorado
Sixty percent of U.S. markets saw an improvement in home affordability in quarter three of 2017. Colorado was not one of those markets. Denver County in Colorado has one of the lowest affordability indexes in the United States, and the rest of the state isn’t far behind. In fact, it’s getting so bad that lots of people simply cannot afford to live in the state.
As a Colorado Landlord, you must understand the basics governing landlord-tenant relations. Before jumping into the world of rental properties, it's smart to understand the various statutes, ordinances, caselaw, and federal law as it relates to the area you plan to invest.
We all know Colorado has become an independent state when it comes to some things (like marijuana laws), but it gives no excuse for independence on rent rules. While most of your renters in Colorado are likely good, you may encounter one or two problem tenants.
Many cities around the country are experiencing a tightening rental market and higher prices as a result, but in Denver, rental prices are soaring at even higher levels.