Tag Archives: property taxes

The homeowner affordability crisis is about to explode due to ‘TI’

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Soaring property tax and homeowners’ insurance costs have made homeownership less affordable than any time since the 1980s, Bernice Ross writes. Continue reading →

Insurance, property taxes taking a bigger bite of buyers’ budgets

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With the average homeowner spending $442 a month on property taxes and insurance, real estate agents and mortgage lenders are urged to help clients shop for better deals. Continue reading →

Palisades land listings soar — with 750 more projected to hit market

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Vacant lot listings that have hit the market in the past few weeks are often receiving dozens of inquiries. As of Monday, about two dozen lots had been listed, an analysis of Zillow listings indicates. Continue reading →

Palisades land listings soar — with 750 more projected to hit market

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Vacant lot listings that have hit the market in the past few weeks are often receiving dozens of inquiries. As of Monday, about two dozen lots had been listed, an analysis of Zillow listings indicates. Continue reading →

LA agents implore government to pause ULA Tax in wake of wildfires

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Authored by Jason Oppenheim and Ben Belack, the letter, signed by 45 agents, also asks government officials to increase California FAIR Plan wildfire insurance coverage, make an exception for building codes, pause property taxes and more. Continue reading →

Low-risk homes appreciate as climate concerns shift the market

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A recent Redfin analysis reveals that Americans are increasingly factoring natural disaster risk into their homebuying decisions, with homes in low-risk areas appreciating in value more quickly during the past year than those in high-risk areas. This m… Continue reading →

The 2024 ballot measures that stand to impact homeowners

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Across 10 states, ballot measures ask voters to weigh in on changes to property taxes, veterans benefits and more. One even considers whether or not to abolish property taxes altogether. Continue reading →

Suburban Chicago homeowner hit with $30K property tax bill in error

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Homeowner Darryl Lloyd was stunned to receive an errant property assessment of more than $1 million from assessors, causing his bill this year to skyrocket from $1,800 to a whopping $30,000. Continue reading →

Lone Star lawmakers pass ‘largest property tax cut in Texas history’

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The deal raises the amount homeowners can exempt from the taxable value of their properties from $40,000 to $100,000, ensuring Texas will remain among the fastest growing states in the U.S. Continue reading →

Study sounds the alarm on $187B ‘climate housing bubble’

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A study led by economists at the Environmental Defense Fund identifies some surprising regions, such as Appalachia and northern New England, as overvaluation hotspots. Continue reading →