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Property Taxes: Increases, Payments, and Where They’re Surging Most

Appraisal Buzz

metro areas in Florida have seen the highest increases in property tax bills since the pandemic began, making it more difficult to afford a home in the Sunshine State, according to recent Redfin research. to $228 since 2019), according to a Redfin analysis of property taxes for single-family homes among the 50 most populous U.S.

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CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages

Housing Wire

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 369
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Fix-and-flip investors say they’re discouraged by higher mortgage rates, home prices

Housing Wire

Higher mortgage rates dissuaded would-be homebuyers from purchasing flipped properties, while growing competition from new and resale inventory made things more difficult for these investors. These costs include mortgage payments, property taxes, insurance and utilities that must be paid while renovations are performed.

Investors 429
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Real estate investors say they’ll expand portfolios, make home improvements in 2025

Housing Wire

real estate investors are planning to grow their portfolios and invest significantly in property improvements in 2025, according to a new survey from property management software provider RentRedi. landlords plan to acquire new properties this year. Regional investment trends also vary. A majority of U.S.

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Investors Embracing Expansion of Real Estate Portfolios 

Appraisal Buzz

According to study data published by RentRedi , most American real estate investors intend to increase their portfolios and make large investments in renovating their existing properties in 2025, exhibiting a strong growth mindset. The poll, which was performed from November 722, 2024, found that 59% of U.S.

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Opinion: Title insurance is an essential consumer protection  

Housing Wire

Title insurance provides vital protection to the largest and most important purchase most Americans will ever make—their home. Director Rohit Chopra himself, in a recent appearance before the House Financial Services Committee , shook his head “no” when asked whether title insurance was a “junk fee” in questioning from Rep.

Insurance 397
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The great contradictions of the real estate market moving into 2025

Housing Wire

Yet ‘renting by choice’ is also on the rise as it offers flexibility, less financial commitment, and freedom from the burdens of property taxes, maintenance, and insurance. In Florida, rising insurance premiums tied to natural disasters like hurricanes can make homeownership more of a liability than an asset.