Housing sales drive higher tax assessments


By Saul Rosenthal

Special to The SUN

As Colorado property owners receive their 2016 tax assessments this spring, they can point to a steady increase in the price of homes sold in Colorado over the last several years for the sometimes dramatic increase in their property valuations.

Home values throughout the state continued to move upward in April, extending a pattern that began in early 2012 according to statistics released this week by the Colorado Association of Realtors.

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