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Seattle documents renovation programs, tax relief for aging in place

Housing Wire

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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AN URGENT CALL FOR CHANGES TO ZONING LAWS

Will Springer Realtor

As home values rise, low-income households already on the margins of affordability are being priced out of homeownership in urban areas such as Seattle, where median prices have jumped 37% (and 52% countywide) over the past five years. Some parts of the U.S. – for example, across most of New England – mandate inclusionary zoning.).

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Real estate industry challenges, change and what to watch in 2025

Housing Wire

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. real estate when conflicts have occurred in their home countries, forcing U.S.

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Economic Update 2025

Appraisal Buzz

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).