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Denver, CO

Colorado homes acquired by inheritance reach record 12% of home transfers

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Colorado homes acquired by inheritance reach record 12% of home transfers


In “The Game of Life,” landing on the “Inherit a House”  square is one of the most coveted on the board. In real life, a home or condo is also one of the greatest financial gifts that can be passed on, especially in a housing-strapped state like Colorado.

More Coloradans are seeing the big wheel spin in their favor each year. But the pace won’t be enough to make up for a housing shortfall estimated at more than 106,000 units in 2023, according to a report from the Colorado Department of Local Affairs.

About one in eight homes that traded hands in Colorado last year represented an inheritance, which is a little below the share that new home sales represented, according to data from the real estate research firm Cotality.

“Inheritance in the 12 months ending in 2025 totaled nearly 12,000 homes, which happened to be almost 12% of all total property transfers. This is higher, both in terms of the number and the share, than previous years — in line with the national trend,” said Matt Delventhal, a principal economist at Cotality.

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Cotality measured the 12-month pace of home sales, new and existing, and inheritance transfers in Colorado through October for the odd-numbered years from 2019 to 2025. Existing home sales were down sharply between 2021 and 2025, falling from 128,899 in 2021 to 75,833 in 2025.

Likewise, new home sales fell from 22,064 in 2021 to 15,610 in 2023 to 12,755 in 2025, according to Cotality.

Inheritances, by contrast, continued to chug along, going from 10,052 in 2021 to 10,243 in 2023 to 11,945 in 2025. The gap between new home sales and inheritances was only 810. Inheritances are contributing almost as much to inventory as new home construction.

A lack of enough new construction, especially for first-time buyers, has pushed up existing home prices. High prices, when combined with higher mortgage rates, have resulted in fewer sales. Because home sales have fallen so much, the “inheritance” share of all home transfers has nearly doubled in Colorado, from 6.2% in 2021 to 9.9% in 2023 to a record 11.9% in 2025.

“The increase in the share is a bit sharper than the national trend, mostly because Colorado resales drop off a bit more sharply in 2023-25 than the national average,” Delventhal said.

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Nationally, the market share of inherited homes went from just under 5% in 2021 to 6.8% in 2023 to 8.7% in 2025, which translated into 412,174 homes and condos passed down. Those percentages also reflect the 12-month tally through October.

“The behavior around inherited homes does feel different from what it did pre-2022. Historically, most estate transfers functioned as pass-through transactions. Heirs would inherit the property, do some light clean-up or updates, and put it on the market fairly quickly. That still happens, but I am seeing more cases where families pause and evaluate other options first,” said Cooper Thayer, a Realtor with the Thayer Group in Castle Rock.

Because inherited homes have little or no debt and strong rent potential, and because selling has become more difficult, heirs are increasingly looking at keeping the homes as rentals or to move into, he said.

While Colorado’s share of inherited homes is above average, it lags behind California, a more expensive market where 18% of home transfers involved an inheritance, according to Cotality.

In California, favorable tax laws locked in lower property tax rates and provided beneficiaries with an incentive to use an inherited home as a primary residence. For the first time this year, passed-down homes ran more than double the number of new homes sold in the state, according to Cotality.

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Prop 19, passed in 2020, limited the transfer of a lower tax base only to homes that a child or heir actually occupied, and excluded rental homes. It also excluded only the first $1 million in added value beyond the original value used to determine property taxes. The state, however, could see a ballot measure this year that would restore some of the more generous property tax breaks to heirs.

At first glance, the increase in home inheritances seems to validate the “Silver Tsunami” hypothesis. Baby Boomers, those born between 1946 and 1964, were not only huge in numbers, but also more likely to own homes than earlier generations. By the time they turned 65, individuals born in 1948 owned 50% more homes than those who were born in 1938 did at the same age.

Compared to prior generations, baby boomers have also shown a greater propensity to hold onto their homes more tightly, adding a different meaning to “until death do us part.” About six in 10 say they don’t plan to ever sell their homes, and three in 10 are holding on so they can pass the properties down, according to HousingWire.

“They are going to have to take me out of there in a box, even though it is a two-story home,” said Jennifer Antonio, an agent with Sotheby’s International Realty in Denver.

Antonio, who puts herself in the never-sell boomer group, said she and her husband purchased their first home when she was 23. They did so on two minimum wage salaries, proof of just how much better the market did in matching options to incomes. Now the average age of a first-time homebuyer is 38, she said.

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Her four millennial children still don’t own, despite being college-educated. With her parents too old to host big events, her home has become a stable gathering place for the family, where adult children can flow in and out, and where everyone gathers for Thanksgiving and Christmas.

“I need to stay in that home,” she said. Antonio said her older clients complain about a lack of good options if they do sell, which can keep them locked into homes that have become burdensome. Builders, seeking to get as much square footage as they can on a lot, aren’t building enough products like ranch homes that would appeal to older buyers.

That baby boomer hesitancy, Cotality says, is “effectively freezing the anticipated flow of supply.”  Boomers can’t hold on forever, but it could be well into the 2030s before a substantial amount of older housing stock better-suited for young families emerges. Younger generations could find themselves stuck renting for longer than they would like.



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Denver, CO

Victor Marx wins GOP primary for Colorado governor, defeating veteran lawmaker after unorthodox campaign

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Victor Marx wins GOP primary for Colorado governor, defeating veteran lawmaker after unorthodox campaign


Victor Marx, a first-time candidate and nonprofit leader with a controversial personal history that’s drawn intense scrutiny, has edged out his more establishment opponent and will be Colorado Republicans’ gubernatorial nominee in November.

The Associated Press called the race for Marx late Thursday afternoon, nearly nine days after polls closed. He led the runner-up, state Sen. Barb Kirkmeyer, 39.9% to 39.4%, with 99% of ballots counted, according to the AP.

Marx had taken his first narrow lead over Kirkmeyer the day after the June 30 primary, and though the race remained close, he never lost the advantage. While outstanding deficient and overseas ballots helped delay a final call on the race, those votes only served to expand Marx’s margin. He led by 2,524 votes at 5:30 p.m. Thursday, out of about 522,000 ballots cast.

State Rep. Scott Bottoms was a distant third, with 20.8% of the vote.

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A veteran lawmaker and former Weld County commissioner, Kirkmeyer had jumped to an early advantage on the strength of early ballot returns. But as votes returned on Election Day began to filter in, her lead thinned and collapsed. Within 48 hours of polls closing, and with few ballots left to count in Kirkmeyer’s Front Range strongholds, her path to retake the lead had all but vanished.

Marx will next face Democratic Attorney General Phil Weiser in November. No Republican has been elected to the governor’s office in more than 20 years. Four months out, Weiser appears to be heavily favored to continue Democrats’ electoral dominance.

In an email to supporters after the race was called, Marx said he was humbled to be the nominee and that the victory was “the starting line.”

“My team and I have put together this special message that I want every Coloradan to hear — Republicans, independents, unaffiliated voters, and Democrats who are open to a better way,” he said. “Because what we’re building now is bigger than a primary victory.”

In a video, he appealed to Coloradans who are frustrated with the status quo and don’t think things can change — citing his victory as proof they can.

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“Now Phil Weiser, he’s a smart fella — but he represents the current system, because he is part of it,” Marx said. “And that current system has made Colorado more expensive, less safe and harder for regular families to trust government.”

State Sen. Barb Kirkmeyer speaks to supporters at a primary election night watch party at Ben’s Brick Oven Pizza in Hudson, Colorado, on Tuesday, June 30, 2026. (Brice Tucker/Greeley Tribune)

In a separate statement, Kirkmeyer said she was proud of the race that she had run and the “clear vision” she had laid out for the Republican Party here.

“While we came up short in what appears to be the closest Republican gubernatorial primary in Colorado history, I’m grateful for every voter who placed their trust in us,” she wrote.

Echoing the pledge she’d made before Election Day, she pointedly did not endorse Marx. She said only that she hoped voters “choose the path that is best for Colorado” in November.

Kirkmeyer also threw a final jab at Marx, who declined in late May to tell 9News how many people he’d killed as an adult.

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Kirkmeyer wrote that, “for the record, I still haven’t killed anyone.”

First-time candidate shrugged off questions

Marx’s primary win is a remarkable result for the embattled Colorado GOP and for Marx, a former Marine, martial arts instructor and nonprofit leader whose extensive and much-scrutinized personal history had drawn national headlines. It’s also attracted sharp criticism from other Republicans.

In his video, Marx appealed to Republican primary voters, saying there was room in his campaign for those who supported his opponents.

Marx had entered the fray last fall with no political profile and no experience as a political candidate. But by the time voters began receiving ballots last month, he’d ridden an atypical — if thoroughly modern — campaign to fundraising dominance and front-runner status.

Kirkmeyer’s support largely flowed from northern Front Range counties, nudging her ahead initially. But Marx picked up bigger margins among Election Day voters — meaning those more conservative voters skeptical of mail-in balloting.

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He also won ruby-red El Paso County while racking up smaller wins in rural counties and grabbing enough in the Front Range to edge Kirkmeyer.

Map: Where did the votes come from in the Colorado primary races for governor?

In a pitch reminiscent of President Donald Trump, the arch-dealmaker, Marx has cast himself as a solutions-focused negotiator disinterested in partisan squabbles. In 2003, he founded All Things Possible Ministries, a Christian nonprofit that has provided stuffed animals and trauma support to people. It has also done work in conflict areas in Syria and Iraq, where Marx primarily worked away from the front lines as a funder and facilitator.

By 2024, the nonprofit’s annual revenue had surpassed $7.5 million, and Marx has said the group — from which he has resigned — now primarily works to help law enforcement.

Despite his outsider status, Marx was considered the likely winner in the weeks before Election Day. His narrow victory, then, came as something of a surprise, and, on election night, he speculated that Bottoms — a conservative pastor from Colorado Springs — had pulled votes from him. In El Paso County, Bottoms earned more than 20,000 votes, or 24% of the county’s Republican total.

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Though Marx out-raised and out-spent both Kirkmeyer and Bottoms, it was Kirkmeyer who had been perceived as the expected nominee when she entered the race last year. Marx had never run for office before, and the stories he’s told about his life — that he’d killed a man at age 7, been involved in “high-risk humanitarian” operations across the globe and could free people from demonic possession — drew intense scrutiny and national punchlines.

But he repeatedly shrugged off questions about his background and said he stood by all that he had said and written.

Through his personality-heavy, direct-to-voter campaign, he encouraged Colorado Republicans to shrug it off, too. He spent heavily on direct mailers, which provided a boost to both his fundraising and name recognition.

Marx eschewed policy discussions and skipped nearly every debate. When he did participate in one, he spent part of the event leaning on the lectern, with his dog at his feet. Rather than deliver a closing statement, he prayed.

From left, state Rep. Scott Bottoms, Victor Marx and state Sen. Barb Kirkmeyer square off during a GOP gubernatorial debate at the Cable Center on the the University of Denver campus in Denver on Tuesday, June 2, 2026. (Photo by AAron Ontiveroz/The Denver Post)
From left, state Rep. Scott Bottoms, Victor Marx and state Sen. Barb Kirkmeyer square off during a GOP gubernatorial debate at the Cable Center on the the University of Denver campus in Denver on Tuesday, June 2, 2026. (Photo by AAron Ontiveroz/The Denver Post)

Campaigning his own way

Though he leaned into his outsider status, the aw-shucks appeal belied a careful campaign shaped by Marx’s emergence from a political environment forged by Trump: He skipped one debate after a moderator pressed him about his background, and he held a rally instead; his campaign later highlighted how many more people attended the rally than the debate.

His media operation was led by a former Turning Points USA staffer, and his campaign touted its social media posts’ views at Marx’s watch party last week. He was comfortable as a podcast guest, regularly released videos of himself and repeatedly assured voters that he was no politician.

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Denver, CO

Santa Fe Drive in Denver closed this weekend for pedestrian bridge construction

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Santa Fe Drive in Denver closed this weekend for pedestrian bridge construction



If you use Santa Fe Drive as a part of your daily commute, you will notice full closures this weekend on a popular section, from Florida Avenue to Evans Avenue, for the installation of a pedestrian bridge.

Once the 370-foot pedestrian bridge is completed, it will connect the east and west portions of Denver’s Overland neighborhood. This bridge will be used by pedestrians and bicyclists. 

Once the 370-foot pedestrian bridge is completed over Santa Fe, it will connect the east and west portions of Denver’s Overland neighborhood.

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Denver Department of Transportation


The Denver Department of Transportation and Infrastructure says this closure is needed to keep the traveling public safe. Large cranes will be used to set the two spans in place. Each one weighs about 215,000 pounds and is 180 feet long.

Once the bridge is completed in 2027, it will create a safer connection for pedestrians and bicyclists. It will link neighborhoods to trails, transit, parks, and local businesses without requiring residents to cross heavy traffic.

“Our neighborhood is quartered by transportation routes, so having a safe pedestrian bridge that can take people from one side to the other is an amazing development that neighbors have been asking for for years,” Jenn Greiving, President, Overland Park Neighborhood Association, said. 

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Denver Department of Transportation


The Santa Fe Drive closure will begin at midnight on Saturday, July 11, and end on Monday, July 13, at 5 a.m. There will be detours in place. This includes:

  • Southbound Santa Fe Drive Detour: Traffic will be routed to Platte River Drive to reenter southbound Santa Fe Drive at the West Evans Avenue on-ramp.
  • Northbound Santa Fe Drive Detour: Access to northbound Santa Fe Drive will be at Mississippi Avenue via South Broadway Street.
  • On-Ramp Closure: The West Evans Avenue on-ramp to northbound Santa Fe Drive will close at noon on Friday, July 10, to prepare for the full weekend closure and will remain closed until 5 a.m. on Monday, July 13. Traffic will be detoured to South Broadway Street to re-enter northbound Santa Fe Drive via Mississippi Avenue.
  • Off-Ramp Closure: The southbound Santa Fe Drive off-ramp to West Evans Avenue will close for the full weekend period and remain closed until Friday, Sept. 11, while crews build new sidewalks and perform other concrete work at the southwest corner of the project. Detours will be posted to West Florida Avenue, West Dartmouth Avenue or West Hampden Avenue to bypass the ramp closure 

During this closure, DOTI will reopen the underpass on Iowa Avenue. This is a new ADA accessible pathway that will be available between Santa Fe Drive and Acoma Street.



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Denver, CO

Denver officers cited for separate incidents, 1 fired

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Denver officers cited for separate incidents, 1 fired


DENVER (KDVR) — Two officers, one now formerly of the Denver Police Department, face multiple charges relating to separate incidents in the past two months.

According to a release, now-former Denver Police Officer Gabriel Lucero was issued a citation for third-degree assault, official misconduct and false reporting, while Officer Javon Leach was cited for reckless driving and eluding.

The incident involving Lucero reportedly occurred on May 22 just before 1 a.m. in the 500 block of 16th Street. According to a release, Lucero was involved in an assault at a business, as he allegedly assaulted a person and walked away as others continued to assault the victim.

Security guards and an off-duty officer escorted him and the group out; however, Lucero reportedly identified himself as a Denver police officer and attempted to re-enter by using his police badge.

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Lucero reportedly provided a false name without any other information, and further investigation verified Lucero as the person involved. Lucero was hired in 2025 and, due to his current probationary status, was fired as of Wednesday.

The incident involving Leach occurred around 1:41 a.m. on June 21, when Leach was reportedly pulling out of a parking lot on Larimer Street, attempting to drive against traffic.

Leach reportedly refused commands to stop as he left the area. Officials said he was found just seven minutes later, traveling at high speeds northbound on Park Avenue West.

He reportedly fled a traffic stop and continued to drive away, and officials deemed Leach to be the suspect following an investigation. He was placed in an off-line assignment while the case progresses, as they are considered misdemeanors.

“The Denver Police Department’s administrative review of Leach’s incident will begin once the criminal case is adjudicated, and that process includes the Denver Department of Safety and the Office of the Independent Monitor, a civilian oversight agency,” the release said.

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