article thumbnail

Some say Austin’s rental market might collapse. That’s not reality

Housing Wire

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. Using 2017, 2018 as a normal level, delivery should start to look normal by 2027, 2028, so I think the market fundamentals will start to shift pretty soon.

Marketing 370
article thumbnail

What’s the Cost of Living in Raleigh, North Carolina?

Raleigh Realty

Here are some important things to know about the taxes in Raleigh if you’re thinking about making the move: Sales tax in Wake County is 7.25. Property tax for Wake County and North Carolina combined is 0.88. Income tax in North Carolina is 4.99. Income tax in North Carolina is set to reduce to 3.99

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. Property taxes are steep at $60K a year. The average tenure for homeownership is now at a historic high of 10.7 of shoreline.

article thumbnail

UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

Starting mid-2027, insurers operating in Washington will be mandated to furnish written notices to policyholders facing premium hikes of 10% or more, elucidating the primary factors driving the change. Annual property taxes are, gulp! Timeless living – a home of a lifetime. List: $13.9M ($2000/sq. about $67K.

article thumbnail

Nevada governor urges Legislature to encourage release of federal land for housing

Housing Wire

Projections indicate that Washoe County could run out of developable land by 2027, while Clark County may face the same challenge by 2032. Growth in many rural areas of our state is currently constrained by the lack of developable land, Lombardo wrote. Washoe County encompasses Reno, while Clark County contains Las Vegas.