Housing Wire
JANUARY 8, 2025
But homeowners in the area are also facing a serious unintended consequence of that skyrocketing property taxes. According to a new report from CoreLogic, median property tax payments in Miami-Dade County have risen 56.8% year-over-year jump in median property taxes and Miami-Dades rose by 9.9%.
Appraisal Buzz
JANUARY 14, 2025
Homeowners enjoying the equity gains of soaring property values are now contending with an unwelcome consequence: skyrocketing property taxes. Over the past few years, property tax payments have climbed sharply in many regions, particularly in states once regarded as affordable. since 2019. since 2019.
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Housing Wire
FEBRUARY 6, 2025
Homeowners have noted for some time that property taxes have risen precipitously, and this has the potential to heavily impact people living on a fixed income. Rutherford County trustee Teb Batey encouraged area seniors already seeking information on 2025 property tax payments to take advantage of the countys tax freeze program.
Housing Wire
JANUARY 22, 2025
Mortgage escrow accounts are an important, yet widely misunderstood asset in the housing market. Although 80% of mortgage holders have escrow accounts, only 60% fully understand them, up from 52% in early 2024. That finding comes from a survey released Tuesday by tax and flood services provider LERETA.
Housing Wire
NOVEMBER 7, 2023
In many communities, homeowners and homebuyers have been hit with eye-popping property tax increases. And homes in many communities have shot up in value in recent years, leading to tax increases through reassessments. But opinions differ on how much impact higher taxes are having on local housing and mortgage markets. “I
Housing Wire
APRIL 17, 2024
A retired public school teacher living in the Pacific Northwest told MarketWatch that he is feeling stressed by high property taxes on a fixed income and asks if he would be a good candidate for a financial adviser. for 49 years, and my property taxes rise quickly. I used to dislike reverse mortgages.
Housing Wire
SEPTEMBER 24, 2024
The mayor of South Portland, Maine , recently acknowledged that property taxes in the region are particularly challenging for those living on a fixed income. When offering advice on how to manage these costs, the mayor brought up the potential for a reverse mortgage. property taxes. A subsequent meeting on Sept.
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