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State and Local Property Tax Revenues Eclipse $700 Billion

Eyes on Housing

billion in taxes were paid by property owners in the four quarters ending Q2 2021.[1] 1] Four-quarter property tax revenues have climbed 13.2% Year-over-year growth of four-quarter property tax revenue has accelerated each of the past four quarters. NAHB analysis of the Census Bureau’s quarterly tax data shows that $703.5

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Miami Beach formally recognizes Pacaso’s co-ownership model

Inman

Miami Beach officials passed an ordinance that approves co-ownership but requires the presence of a local property manager as well as adherence to a code of conduct, it was announced in April.

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Fannie Mae: Policymakers should look elsewhere to improve affordability

Housing Wire

“For ongoing non-mortgage costs in particular, expanding programs that help to reduce utility costs and limit property tax burdens for low-income households are obvious solutions.”. The federal government has no simple mechanism to reduce local property taxes or utility costs.

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Consider These Factors When Choosing a Real Estate Appraiser

East Coast Appraisal

Geographic Knowledge An appraiser with local knowledge will give you accurate work because geography and location affect property values.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. For example, an appraiser will check the condition of the walls, roof, floors and the structure’s overall integrity.

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Opinion: Don’t let red tape strangle city development

Housing Wire

Consider, for instance, the following types of regulation, all of which increase the cost to build: Building height restrictions, designed by local property owners to lock in the status quo. Zoning rules, which limit the kinds of properties that can be built in certain areas.

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The Benefits of Working with a Local Florida Real Estate Expert

Lamacchia Realty

THE BENEFITS OF WORKING WITH A LOCAL FLORIDA REAL ESTATE EXPERT Navigating the complex world of buying or selling property can be challenging, particularly for those unfamiliar with the intricacies of the Florida real estate marke t.