Housing Wire

APRIL 25, 2022

The culprit is property tax bills, which arrived on April 1, bearing property tax increases driven by fast-rising home prices. In Spokane, the average property tax bill has risen from about $2,500 in 2019 to about $3,000 in 2021, tax assessment data shows. Pick your battles.

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Property Taxes Government Appraisal Valuation 404

Housing Wire

MAY 8, 2023

That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction. Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I

Inventory 381

Inventory Renovations Supply Chain Buyers 381

Chicagoland Appraisal Blog

APRIL 3, 2020

Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says. When the market is soft, buyers want the properties that are finished and ready to go.”. Sebring is seeing a surge in industrial-style sinks and vanities in Chicago bathroom renovations.

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Real Estate Agent Architecture Modernization Buyers 78

Will Springer Realtor

AUGUST 9, 2021

Housing affordability decreased in 45 of the 50 states from 2012 to 2019. Washington state now (right) has less than 45% of all households able to afford the median priced home (as of 2019, when the state’s median figure was more than $100,000 less than today). POTENTIAL TAX SAVINGS. percentage points. million home sales.

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Construction Inventory Property Taxes Development 36