home values Archives - ColoradoBiz

Surprising new data on America’s house-price-to-income ratio crisis

A new report by Real Estate Witch has uncovered a disturbing trend: Since the 1960s, wages have been more or less flat while home prices have more than doubled, outpacing household income since the 2008 financial crisis by three times. This trend is making things increasingly tough—and maybe impossible—for buyers.

Does marijuana legalization affect Colorado’s home values?

A 2021 study found that, between April 2017 and April 2021, home property values increased by $17,113 more in states where recreational marijuana is legal, compared to states where marijuana is illegal or limited to medicinal use. Let’s take a look at some of the factors that contributed to that significant change in value.