The average annual US residential property tax bill was $4,271 in 2024, according to the National Association of Home Builders (NAHB) analysis of the 2024 American Community Survey. That represented a 4% increase from the previous year. Last year marked the first time...
Vermont homeowners could be facing an average property tax hike of 12% next year based on the projected budgets from two-thirds of the state’s schools. WCAX reports per-pupil spending in Vermont is up by nearly $1,000, a 7% year-over-year increase. If the latest tax...
More than 60% of the 17,924 homes sold across New York City during the first half of the year were acquired by all-cash buyers. The Gothamist reports that among the city’s five boroughs, Queens had the highest total number of all-cash sales with 4,132 out of...
Gov. Ron DeSantis’ advocacy for eliminating property taxes on Florida homeowners would wreak havoc on the state’s housing market, according to a data analysis by Realtor.com. DeSantis has repeatedly urged the state legislature to end property taxes, arguing they were...
Thought leaders saying the right thing, revenge seekers doing the wrong thing, and a new movie and book worth pursuing. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 24-28. Hit: The Right Words. James Fishback, the CEO...
New Mexico’s capital of Santa Fe has become the first US city that will directly connect wages to housing affordability, with the goal of linking minimum wage increases to both fair rental market prices and consumer prices. The Associated Press reports Santa...
Hits and Misses for the Real Estate Week of April 27-May 1
