Remove Inventory Remove Modernization Remove Property Taxes
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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

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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. While many markets are chronically plagued by a housing shortage and low inventory, others are struggling with a rising oversupply and stalled sales.

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Mortgage rates are plummeting, but will sales grow?

Housing Wire

So it’s no surprise that home sales over the last two-plus years have been at some of the lowest levels in modern history. Property taxes are also a significant factor for affordability for a home. Since taxes are generally a fixed percentage of the home’s value, the cost moves directly with the price of the house.

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It hasn’t been this hard to buy an existing home in at least a decade

Housing Wire

High mortgage rates and depleted housing inventory have exacerbated an already existing housing availability crisis. As a frame of reference, a 20/1,000 turnover rate is a fairly typical for the modern housing market. Historically, California’s tax laws have incentivized homeowners to stay put by limiting property-tax increases.

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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Or omit the MLS link and tease out the listing with stats and photos in your newsletter, and invite your audience to contact you directly for more information.

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Adjustments: What’s in Your Workfile?

Appraisal Buzz

John Dingeman: I am a Certified Residential Appraiser and Registered Property Tax Agent. The opportunity to work remotely and live anywhere while doing it increased activity and demand and reduced the inventory to record lows. At Freddie Mac, I am responsible for its collateral risk management and its valuation team.

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Things To Remember About Tax Appeals

Cleveland Appraisal Blog

As January rolls around each year, homeowners begin receiving their property tax bills. That’s why my tax appeal work often picks this time of the year. Property values have been increasing in many areas for years, with 2020 being a record year for home appreciation in many neighborhoods. – APPRAISAL TODAY.

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