Housing Wire

FEBRUARY 3, 2025

Ownwell is unveiling a new partnership that aims to help homeowners save money by avoiding higher property tax payments. On Monday, the company said it would partner with mortgage servicing company Valon to offer property tax savings services. This is Valon’s latest move to upgrade its mortgage servicing platform.

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Property Taxes Home Value Market Value Technology 290

Housing Wire

JANUARY 27, 2025

The Consumer Financial Protection Bureau (CFPB) this month published an issue spotlight that takes a closer look at home equity contracts, or what the industry refers to as home equity investments (HEIs) that offer a lump sum payment to clients in exchange for a stake in their home equity.

Contracts 370

Contracts Mortgage Property Taxes Law 370

Housing Wire

MARCH 21, 2025

Attom s Q4 2024 Home Affordability Index revealed that the down payment on a median-priced home reached $72,950 not far below the average annual wage of $89,649. Every borrower is looking for a property with a basement to rent, said Andreia Faustino, a Utah-based LO with American Pacific Mortgage.

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Loan Officers Property Taxes Marketing Insurance 277

Housing Wire

JUNE 10, 2024

The increase reflects rising home prices, which went up 40% since the beginning of the COVID-19 pandemic , mainly due to a lack of inventory, according to the study. It’s also due to growing property taxes and homeowners insurance premiums as providers exited states where risks are elevated.

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Property Taxes Insurance Home Value Inventory 518

Eyes on Housing

JUNE 29, 2023

NAHB analysis of the Census Bureau’s quarterly state and local tax data shows that $174 billion in taxes were paid by property owners in the first quarter of 2023 (not seasonally adjusted).[1] 1] In the four quarters ending Q1 2023, state and local governments collected $714 billion of property tax revenue.

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Property Taxes Home Value Government Real Estate 193

Appraisal Buzz

SEPTEMBER 19, 2024

Escalating home values have driven up property taxes, leading to homeowner distress, making it more important than ever to help them understand and plan for these increases. These systems can handle common borrower questions related to property taxes, such as payment schedules or tax amounts due.

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Property Taxes Tools Technology Investing 221

Appraisal Buzz

JUNE 10, 2024

Median home prices have risen above $400,000 nationwide, and the average annual cost of owning and maintaining a single-family home in the U.S. Bankrate compiled the typical costs of property taxes, homeowners insurance, and home maintenance, which was estimated to be 2% of a home’s value per year.

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Property Taxes Insurance Home Value Construction 409

Appraisal Buzz

JANUARY 28, 2025

However, the rising costs of insurance, property taxes, and housing have dampened local relocation rates. Shifts in Migration Motivations State-to-state migration is increasingly driven by necessity rather than lifestyle. Economic factors such as job opportunities, housing affordability, and quality of life remain primary motivators.

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Property Taxes Home Value Insurance Appraisal 370

Housing Wire

JUNE 24, 2024

According to Zillow , the average home price in the Emerald City is currently $884,828 , up 4.3% But a nonprofit organization in the Seattle area is seeking to help more seniors renovate their homes to age safely. Even if you have your home paid off, if you can’t afford the property taxes, that’s a problem,” she said.

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Renovations Property Taxes Supply Chain Law 395

Appraisal Buzz

DECEMBER 5, 2024

Measuring the Impact of Rising Prices An increase in home prices has surpassed most wage gains around the country to varying degrees, leading to homeownership costs consuming more than triple the portion of average wages in some parts of the country compared to others. home value currently stands at $359,099, up 2.6%

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Housing Market Marketing Property Taxes Mortgage 397

Eyes on Housing

DECEMBER 27, 2024

In October, Jesse Wade shared the average real estate tax by state and also an effective rate controlling for home value. Nationally, across the 86 million owner-occupied homes in the U.S., With the end of 2024 approaching, NAHBs Eye on Housing is reviewing the posts that attracted the most readers over the last year.

Property Taxes 167

Property Taxes Home Value Real Estate 167

D Fritz Appraisals

DECEMBER 16, 2022

What to do When Your Property Tax Assessment Seems Too High. In early January each year, every home in British Columbia receives its property tax assessment notice through the mail from BC Assessment. Some property owners may be surprised and possibly even concerned with their home property assessment amount.

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Property Taxes Valuation Appraisal Real Estate 116

Housing Wire

OCTOBER 18, 2024

Borrower must continue to pay all property charges including property taxes, homeowner insurance, HOA dues, and more. Consequently, the spread between the 10-year and the 1-year has narrowed. It appears the rate inversion we’ve had since July of 2022 may soon end. Graphics by Dan Hultquist.

Mortgage 448

Mortgage HOA Property Taxes Home Value 448

Appraisal Buzz

AUGUST 16, 2024

This surge follows a period of fluctuating investor activity during the COVID-19 pandemic, where purchases more than doubled during the 2021 homebuying boom, only to drop nearly 50% in 2023 due to declining rents and home values. High insurance rates and property taxes in the area were cited as factors deterring investment.

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Investors Property Taxes Housing Market Real Estate 370

Housing Wire

AUGUST 16, 2024

It then plunged nearly 50% in 2023 due to declining rents and home values in some markets. At the other end of the spectrum, investor home purchases fell the most year over year in Fort Lauderdale, Florida (-15.9%); Providence, Rhode Island (-12.4%); New Brunswick, New Jersey (-11.9%); Miami (-11.3%); and Chicago (-11.1%).

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Investors Tenants Real Estate Property Taxes 468

Cleveland Appraisal Blog

AUGUST 6, 2021

It’s not lost on me that, to be competitive, a buyer may be asked to waive the home inspection. HOME VALUES AND OVER-PAYING. Some buyers are paying over market value for their homes. In many cases, if they want the home, they may have to do so. PROPERTY TAXES. That’s a real bummer!

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Buyers Property Taxes Inspection Market Value 243

San Jose Real Estate

JUNE 3, 2023

Is your property tax assessment too high? Appealing may be an option if the value is truly incorrect.

Property Taxes 69

Property Taxes Home Value Valuation Finance 69

Lamacchia Realty

MAY 13, 2022

HIGHEST AND LOWEST PROPERTY TAX RATES IN GREATER BOSTON. The average single-family property tax bill in Massachusetts in 2022 is $6,719, up $347 from the previous year, according to a recent report conducted by the Division of Local Services, Massachusetts Department of Revenue. Acton 12,950 19.45 Acushnet 4,576 17.18

Property Taxes 74

Property Taxes Home Value Buyers Realty 74

D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78

Housing Wire

OCTOBER 9, 2024

The reckoning with homeowners insurance adds another element to keep track of — on top of traditional indicators like interest rates and home values. “As “Because there’s this new element entering into the individual transaction, but it’s also entering into the geography.”

Insurance 459

Insurance Mortgage Property Taxes Construction 459

D Fritz Appraisals

JANUARY 29, 2025

House Appraisal vs BC Assessment: How They Impact Your Homes Value Understanding the difference between residential home appraisals vs BC assessments. These two commonly misunderstood yet crucial home evaluation tools, help to navigate the complexities of the real estate market in British Columbia.

Appraisal 78

Appraisal Valuation Property Taxes Inspection 78

Housing Wire

MAY 25, 2023

The big difference is that monthly mortgage payments are optional so long as the borrower continues to maintain the home and pay their property taxes and insurance,” Cooper said. Actual cash required may vary and is based on age of youngest borrower, interest rate, home value, and other factors.

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Loan Officers Real Estate Agent Real Estate Finance 418

Appraisal Buzz

APRIL 2, 2024

Home Affordability Report. The typical $1,930 cost of mortgage payments, homeowner insurance, mortgage insurance and property taxes nationwide consumed 32.3% With home values mostly up annually throughout the U.S., However, it remained up annually in 90.3 percent of those markets. That is down from 33.2%

Property Taxes 195

Property Taxes Insurance Home Value Buyers 195

Housing Wire

DECEMBER 6, 2024

Local Events & Culture “Your Ultimate Summer Events Calendar for [City]” “Hidden Gems: 5 Local Restaurants You Need to Try” “School District Rankings: [Area] 2024 Update” “Best Family Activities in [City] This Weekend” “[Neighborhood] Small Business Spotlight” Development & Growth (..)

Real Estate 397

Real Estate Clients Tools Sellers 397

Birmingham Appraisal

MAY 21, 2024

Strategies for Evaluating Home Value: What Buyers Need to Know When it comes to purchasing a home, understanding the various factors that affect its value is important. Evaluating home value is essential in this regard. Key Factors For Buyers to Consider 1.

Home Value 75

Home Value Architecture Renovations Real Estate 75

Appraisal Buzz

NOVEMBER 20, 2024

One reason the value of low-risk homes is rising faster than the value of high-risk homes is that Florida and Texas—which both face high natural disaster risk—have seen among the slowest home value growth in the nation over the last year. from before the pandemic.

Home Value 195

Home Value Brokerage Insurance Real Estate 195

Housing Wire

MARCH 26, 2024

Then, the housing market takes off like a rocket with home values exceeding all expectations.

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Real Estate Law Property Taxes Marketing 459

Eppraisal

NOVEMBER 12, 2024

Costs of Buying a Home When evaluating the costs of buying a home, consider the following factors: Down Payment : Typically, buyers are required to make a down payment, which can range from 3% to 20% of the home's purchase price. This upfront cost is a significant factor for first-time homebuyers.

Property Taxes 69

Property Taxes Landlords Insurance Buyers 69

Housing Wire

JANUARY 9, 2023

Those headwinds also are being fueled by the double-edged sword of high interest rates and stubborn inflation and include declining home values; the prospects of a recession later this year (and with it, rising unemployment); a pattern of moderating rents ; and continuing liquidity and fundraising challenges posed by capital-markets volatility.

Housing Market 545

Housing Market Marketing Construction Development 545

Housing Wire

APRIL 27, 2023

By “renovating thousands of homes” absent obtaining building permits, pleadings in the case allege, Invitation Homes was able to “avoid revaluations that would have happened if permits were obtained, thus evading increased property taxes on improved properties.” billion [due to increased home values]. “…The

Renovations 393

Renovations Investing Real Estate Marketing 393

Birmingham Appraisal

FEBRUARY 11, 2025

Square Footage: Why Accuracy Matters Square footage is one of the most critical factors in determining a homes value, yet it is often misunderstood. When an appraiser measures a home, their calculation often differs from whats in tax records. This is especially important when: Listing a home for sale.

Appraisal 68

Appraisal Real Estate Agent Real Estate Agents 68

Hood Homes Blog

SEPTEMBER 19, 2018

The property taxes in Harker Heights are expensive! It is not exactly true, as, in fact, Harker Heights has one of the lowest property tax rates in the Fort Hood area. Instead, Harker Heights’ property taxes are more not because the rate is higher but because property values in Harker Heights are higher as a whole.

Property Taxes 36

Property Taxes Appraisal Home Value Legal 36

Will Springer Realtor

MARCH 7, 2023

The state requires that county assessors inspect every property at least every six years to maintain accurate information about the parcel and structures. Local governments are limited to a 1% annual increase in property tax revenue regardless of changes in property values – but there is a catch. overall increase.

Property Taxes 36

Property Taxes Market Value Real Estate Government 36

Mashvisor

SEPTEMBER 6, 2021

Not only is it landlord and Airbnb friendly, but property taxes are relatively low and home values, high… Arizona is one of the best states to invest in real estate.

Property Taxes 60

Property Taxes Landlords Home Value Real Estate 60

Eppraisal

FEBRUARY 6, 2024

The mortgage interest deduction can result in significant tax savings, effectively reducing your taxable income and lowering your overall tax liability. Property Tax Deduction Homeowners are also eligible to deduct property taxes paid on their primary residence from their taxable income.

Property Taxes 69

Property Taxes Renovations Home Improvement Law 69

Housing Wire

NOVEMBER 13, 2023

Exam Math Cram consists of 5 real estate math practice tests to test your knowledge on real estate math formulas, calculating commission, and calculating property taxes. With the exception of the Basic package, all prelicensing packages also include the Florida Exam Prep Master & Exam Math Cram courses.

Real Estate 468

Real Estate Real Estate Agent Agents Law 468

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans. Reviewing / appealing property tax assessment. Property division in separation / divorce. To determine capital gains on second or rental properties.

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Appraisal Inspection Property Taxes Easement 110