March 14, 2025

colorado

Property

Property tax compromise passes key legislative hurdle, moves to state Senate

The bipartisan bill at the center of this week’s special session on property taxes cleared a crucial House vote Wednesday, 45-to-18, and has moved on to the state Senate. But for many of the chamber’s Democrats, this compromise bill, which is intended to stave off two ballot initiatives this November, is a bitter pill to

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Property

Rep. Lisa Frizell Talks Special Session to Fix Property Taxes | KOA 850 AM & 94.1 FM

Lisa Frizell represents House District 45 in the Colorado State Legislature and is the former Douglas County Assessor (meaning the person in charge of property valuations for property tax purposes). She’ll find a few minutes to talk to us about the Special Session going on now that’s supposed to “fix” property taxes for the foreseeable future.

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Investors

Killington resort, Pico Mountain to be sold to Vermont investors

A big change is coming to Vermont’s largest mountain resort, as Killington Resort announced on Thursday that it is being sold to local owners later this year.Both Killington Resort and Pico Mountain will be sold to Vermont residents, including lead investors Phill Gross and Michael Ferri, according to an announcement from the resort.Currently, Killington and

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Property

Property tax compromise in Colorado could shield education funding

Sign up for our free monthly newsletter Beyond High School to get the latest news about college and career paths for Colorado’s high school grads. Colorado lawmakers convening for a special session about property taxes next week have been sent a clear message by the governor and others: Protect funding for K-12 and higher education,

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Mortgage

Home buyers welcome a drop in mortgage rates

COLORADO SPRINGS, Colo. — Mortgage rates have been slowly falling since this May. In late 2023, the average 30-year mortgage rate was nearly 8 percent for the first time since 2000. As of Monday, the rate is now 6.49 percent. “The first house we went under contract for was the upper 6 (percent). That was

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Property

Tues Blogcast: Primary preview; Jeff Hurd; Five for Fighting; Property tax

Just One Thing: CO Primary Election Today It’s a big day here in Colorado…the primary elections are here. Most of the talk is about the Republican side and clearly that’s where most of the action is for Congress. But in the state legislature there are both Republican and Democratic races of interest, not least to

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Property

With home prices up more than 50%, some states try to contain property taxes

For retirees Tom and Beverly McAdam, the good news is the value of their two-bedroom home in suburban Denver has risen 45% since they purchased it more than six years ago. That’s also the bad news, costing them thousands more in real estate taxes and leaving less for discretionary spending. “To pay the higher property

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Finance

Alpine Banks of Colorado announces financial results for first quarter 2024

Alpine Banks of Colorado GLENWOOD SPRINGS, Colo., May 02, 2024 (GLOBE NEWSWIRE) — Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank (the “Bank”), today announced results (unaudited) for the quarter ended March 31, 2024. The Company reported net income of $10.6 million, or $98.32 per basic Class

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