Your Weekly Real Estate Digest
Hello September!
September offers a prime opportunity to find your perfect home. With kids back in school, it's a great time to focus on your home search. Sellers are eager to close before the season ends, making it an ideal moment for buyers to explore.
Whether you're seeking a downtown home or a suburban retreat, make the most of this season to turn your real estate goals into reality.
Denverites will vote on Mayor Mike Johnston’s affordable housing sales tax this November
Mayor Mike Johnston’s affordable housing sales tax is headed to voters this November.
City Council approved a ballot measure that, if passed by voters, would dedicate $100 million a year to affordable housing using a .5 percent sales tax. Council voted 9-to-4 on Monday in favor of sending the sales tax to the voters, despite lingering concerns over a lack of detail in the ultimate plan.
The sales tax will sunset after 40 years, a last-minute amendment passed 12-to-1 by City Council on Monday over fears of overreach and an inability to know what the housing market will look like decades in the future.
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About:
Amy Coloccia is an award winning Realtor on The Denver Group at Compass Real Estate in Denver, Colorado. Compass Real Estate is the #1 brokerage in the nation. With 30,000 agents nationwide, we can work with you wherever your dreams take you. You can reach Amy at: (734) 649-0785, or click this link to email her at: Amy.Coloccia@compass.com.