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North Dakota Lawmakers Consider Expanding Homestead Property Tax Credit

North Dakota Lawmakers Consider Expanding Homestead Property Tax Credit

by Phil Hall | Feb 3, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

North Dakota legislators are considering a bill that would expand the age and income eligibility for the state’s homestead property tax credit. The homestead property tax credit program allocates state funds to local governments to compensate for the property tax...
The Evolution of Property Taxes in the United States: Origins, Purpose, and Reform Opportunities for Retirees

The Evolution of Property Taxes in the United States: Origins, Purpose, and Reform Opportunities for Retirees

by John G. Stevens | Dec 16, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Property taxes form the bedrock of local governance in the United States, yet their implications extend far beyond revenue generation. As one of the oldest forms of taxation, property taxes are deeply rooted in the nation’s history, reflecting a tradition of...
Hits and Misses for the Real Estate Week of Nov. 11-15

Hits and Misses for the Real Estate Week of Nov. 11-15

by Phil Hall | Nov 15, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alternatives to Chicago property taxes, a mega-million condo sale loss and a proposal to bend the Manhattan skyline. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 11-15. Hit: Let’s Not Go, Brandon. Praise goes this...
New Effort Seeks to Redirect Chicago Mayor’s $300 Million Property Tax Hike

New Effort Seeks to Redirect Chicago Mayor’s $300 Million Property Tax Hike

by Phil Hall | Nov 12, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Chicago Mayor Brandon Johnson’s proposed $300 million property tax increase to shrink the city’s $1 billion budget deficit is likely to be redirected with new revenues from other taxes and fees. The Chicago Sun-Times reported 22 of the 50-member Chicago City Council...
Hits and Misses for the Real Estate Week of Nov. 4-8

Hits and Misses for the Real Estate Week of Nov. 4-8

by Phil Hall | Nov 8, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

The aftershocks of the election, a new fight against property taxes and a tribute to an inspirational executive. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 4-8. Hit: The Indestructible Man. It is impossible to...
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