Housing Wire
NOVEMBER 19, 2020
A slim majority of California residents voted in favor of Proposition 19 on Election Day, green-lighting a motion that gives new property tax breaks to older homeowners while increasing property taxes for those inheriting their parents’ or grandparents’ properties. Presented by: CoreLogic.
Housing Wire
FEBRUARY 15, 2024
were 65 and older as of 2020, up from 13% in 2010,” the report reads. Homeowner tenure is projected to remain flat, but a larger share of homeowners remaining in place is also contributing to an inventory shortage, according to the report. Older generations have an outsized level of influence over the U.S.
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Housing Wire
MARCH 10, 2022
On top of all that, since inventory is at all-time lows, it’s been harder and harder for first-time homebuyers to win some bids because they don’t have more money to bring into the bidding process. Yes, your property tax or insurance might go up, but the mortgage payment is generally fixed.
Housing Wire
APRIL 11, 2022
On top of all that, since inventory is at all-time lows, it’s been harder and harder for first-time homebuyers to win some bids because they don’t have more money to bring into the bidding process. Yes, your property tax or insurance might go up, but the mortgage payment is generally fixed.
Housing Wire
AUGUST 24, 2023
At today’s rate, the monthly cost to purchase a home totals about $2,400, not including property taxes and insurance, a 17% increase from a year ago. We could see monthly sales fall to 2010 or 2011 levels when the market was recovering from the free fall after the housing bubble.”
Miller Samuel
MARCH 19, 2019
Much of this speculation is being driven by two factors: sparse supply, due to the absorption of the inventory left over from the last boom, and fast-rising prices. I am merely interpreting what I think are the critical issues established this proposed tax. And it is a marginal rate tax - only the amount above each threshold is taxed.
Will Springer Realtor
MAY 9, 2022
Kitsap County had the fewest number of units built per household formed between 2010 and 2020 (0.55). ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers. Inventories rose in the past month across the county (0.8 with annual property taxes at, gulp! , $233,383!
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