Boston Mayor Michelle Wu has warned the city’s homeowners could face a 13% spike in property taxes beginning in January, an increase of $780 for the average homeowner. WBUR reports the increase in residential property taxes is occurring while the city’s commercial...
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...
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...
Iowa Gov. Kim Reynolds said a property tax freeze for seniors was “one of the things” under consideration for reducing the state’s tax burden. Iowa Capital Dispatch reports Reynolds stated she received feedback from older residents that they were “having a hard...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
