This is a Colorado news story, published by MSN, that relates primarily to S&P Dow Jones Indices news.
For more Colorado news, you can click here:
more Colorado newsFor more real estate & housing news, you can click here:
more real estate & housing newsFor more news from MSN, you can click here:
more news from MSNOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like real estate & housing news, you might also like this article about
higher property taxes. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest much assessed property values news, residential properties news, real estate & housing news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
property taxesMarketWatch
•83% Informative
State legislatures can intervene in a variety of ways to limit, cut or offset escalating property taxes in response to complaints.
Over the past five years , single-family-home prices have risen about 54% nationally, according to S&P Dow Jones Indices .
Colorado , like Alabama and Wyoming , has a new law that will limit the growth in tax-assessed values.
In 1982 , voters in Muscogee County , Ga. , approved a local ordinance freezing assessed property values for homes used as primary residences.
The result: that longtime homeowners pay very little, newcomers pay more and businesses face some of the state’s highest property-tax rates.
A Georgia ballot measure would amend the constitution to allow increases in property values to be capped at the rate of inflation.
Colorado has struggled to find a balance between providing tax relief for homeowners and sufficient funding for local governments.
VR Score
88
Informative language
87
Neutral language
65
Article tone
semi-formal
Language
English
Language complexity
54
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
14
Source diversity
1
Affiliate links
no affiliate links