Annarbor Appraisal

APRIL 9, 2020

Price increases both with single-family houses and condominium units started in 2012 in earnest. Houses in blue, condominium units in orange, new construction included. What about property taxes and their effect on affordability? Year to year trends. What happens if the unemployment rate tops 30%?

Buyers 78

Buyers Property Taxes Sellers Realtors 78

Miller Samuel

MARCH 19, 2019

A large swath of high-end condo market activity of the past five years are non-primary residences which include pieds-a-terres but most are investor purchases that are subsequently rented after the unit closes when construction was completed. And it is a marginal rate tax - only the amount above each threshold is taxed.

Real Estate 370

Real Estate Law Development Investors 370

Will Springer Realtor

AUGUST 9, 2021

Housing affordability decreased in 45 of the 50 states from 2012 to 2019. Look at the green states of Idaho, Nevada and Utah on the 2012 map; they have seen housing affordability plummet by 2019, skipping past the yellow category to brown in less than a decade. POTENTIAL TAX SAVINGS. percentage points.

Construction 36

Construction Inventory Property Taxes Development 36