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. That’s a factor too of higher inventory.” Meaning that margins are being aggressively compressed.

Marketing 370

Marketing Housing Market Property Taxes Construction 370

Housing Wire

JUNE 17, 2024

It assumed a 10% down payment and did not factor in property taxes or homeowners insurance. And the youngest millennials (ages 28 to 43 this year) don’t turn 30 until 2026, so there is time for this trend to shift. For millennials turning 30, the typical mortgage payment has averaged only 22.5% of their median income.

Housing Market 497

Housing Market Property Taxes Inventory Buyers 497

Will Springer Realtor

JUNE 8, 2022

The multi-pronged effort includes legislative and administrative actions to increase the number of affordable units and overall inventory. >> Seattle homeowners pay a median $4580 in property taxes, based on data collected by LendingTree.com. New York City is No. 1 ($8602), followed by San Jose, Calif.

Design 36

Design Construction Development Property Taxes 36

Appraisal Buzz

OCTOBER 28, 2024

Mortgage rates at this level should support homebuyer demand and gradually reduce the lock-in effect, thereby increasing the inventory of existing homes and supporting higher purchase origination volume in 2025.” “We are bullish about the spring 2025 housing market.

Property Taxes 409

Property Taxes Insurance HOA Inventory 409

Housing Wire

NOVEMBER 11, 2024

As office vacancies increase, the value of commercial office buildings decreases, and if the properties are reassessed for much less than they were worth a few years ago, the town may see a dramatic decrease in property tax revenue. Inventory is diminished because there are fewer people selling than there used to be.

Real Estate 418

Real Estate Insurance Supply Chain Buyers 418

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). Nationally, we are forecasting 1.5%

Construction 418

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.

Appraisal 55

Appraisal Tenants Contracts Legal 55