Housing Wire

NOVEMBER 10, 2020

Several state-level real estate initiatives and urban development policies were voted on in the Nov. 3 general election, including issues involving tax credits for veterans, widows and long-time homeowners. . The passing of Proposition 19 in California overhauls Proposition 13, which slashed property taxes by almost 60% in 1978.

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Real Estate Property Taxes Renovations Development 476

Housing Wire

NOVEMBER 22, 2024

What’s more, operating costs for apartment and SFR (single-family rental) operators are up significantly since 2019 due to higher property taxes, insurance, and payroll costs. JBREC is not forecasting meaningful rent growth until 2026 and beyond, which will make it harder for new project developments to pencil.”

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Marketing Housing Market Property Taxes Construction 370

Will Springer Realtor

JUNE 8, 2022

Well, I am only a single real estate professional with one opinion but, for me, the solution includes enacting a blend of corporate and federal dollars toward incentivizing the development of affordable for-purchase housing that targets under-served communities whose residents would otherwise find homeownership difficult to achieve.

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Design Construction Development Property Taxes 36

Appraisal Buzz

OCTOBER 28, 2024

According to Mike Fratantoni , MBA’s Chief Economist and SVP of Research and Business Development, the U.S. However, affordability challenges remain, as median purchase mortgage payments are still elevated and emerging cost burdens from rising homeowners’ insurance premiums and rising property taxes are adding to the cost of homeownership.

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Property Taxes Insurance HOA Inventory 409

Appraisal Buzz

JANUARY 13, 2025

Unfortunately, as a result, some homeowners who were counting on relatively fixed homeownership expenses (excluding property taxes) over a 30-year period could be facing a payment shock they cannot afford (presuming they mortgaged a home with the 30-year fixed rate mortgage).

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Construction Supply Chain Government Housing Market 418

Appraisal Today

APRIL 4, 2025

I was a temporary appraiser assistant hired to go to properties to see if the county appraisal records needed updating. In those days (mid-1970s), properties were reappraised regularly to increase the assessments and property taxes were increased. I knocked on the door and was met with a man carrying a shotgun.

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Appraisal Tenants Contracts Legal 55