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CFPB proposes rule to bolster PACE loan borrower protections

Housing Wire

With a residential PACE loan, renovations are financed and are then paid back by the borrower as property tax payments to their local government, resulting in higher property tax payments for borrowers. Between 2014-2020, the majority of PACE loans were used for natural disaster preparedness.

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Highest and Lowest Property Tax Rates in Greater Boston

Lamacchia Realty

HIGHEST AND LOWEST PROPERTY TAX RATES IN GREATER BOSTON. The average single-family property tax bill in Massachusetts in 2022 is $6,719, up $347 from the previous year, according to a recent report conducted by the Division of Local Services, Massachusetts Department of Revenue. Acton 12,950 19.45 Acushnet 4,576 17.18

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How to grow housing supply in 2021

Housing Wire

In 2013/2014, when the economic data was improving, mortgage rates rose. As a result of the increase in rates, demand for housing fell in 2014. The new home sales market had an epic miss from sales estimates in 2014. For a while in 2014, purchase applications data were trending down 20%, year over year. Hard pass.

Inventory 543
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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

The Fiscal Policy Institute proposed the tax in 2014 , and it has been floating around Albany ever since. At the opposite end of the spectrum, the fiscally conservative Citizens Budget Commission described the tax as appealing but problematic : Gov. That article came out in 2014 right as the housing market was peaking.

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Why owning a home is the best hedge against inflation

Housing Wire

Yes, your property tax or insurance might go up, but the mortgage payment is generally fixed. However, let’s be realistic here: housing inventory has been falling since 2014 and 2022 isn’t looking any better. Shelter cost is the primary driver of why you might want to own a home.

Inventory 543
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Why owning a home is the best hedge against inflation

Housing Wire

Yes, your property tax or insurance might go up, but the mortgage payment is generally fixed. However, let’s be realistic here: housing inventory has been falling since 2014 and 2022 isn’t looking any better. Shelter cost is the primary driver of why you might want to own a home.

Inventory 393
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7 Best Books for Rental Property Managers [in 2022]

The Robert Weiler Company

You’ll understand multifamily property tax and insurance requirements and diligent financial bookkeeping. You can purchase the 1st edition book from July 2014; however, we suggest that you wait for the 2nd edition. Gain insight on maintaining proper bookkeeping and tax records. Authors: Robert S.