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Financial planner: Reverse mortgages can help retirees with high property taxes

Housing Wire

A retired public school teacher living in the Pacific Northwest told MarketWatch that he is feeling stressed by high property taxes on a fixed income and asks if he would be a good candidate for a financial adviser. for 49 years, and my property taxes rise quickly. I have lived in Edmonds, Wash.

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How will California’s Proposition 19 impact property taxes?

Housing Wire

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.

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Property Tax Revenue Continues to Climb

Eyes on Housing

NAHB analysis of the Census Bureau’s quarterly state and local tax data shows that $129 billion in taxes were paid by property owners in the third quarter of 2023 (not seasonally adjusted).[1] 1] In the four quarters ending Q3 2023, state and local governments collected $757 billion of property tax revenue—an 11.6%

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Property Taxes by State – 2022

Eyes on Housing

NAHB analysis of the 2022 American Community Survey data shows that New Jersey leads the nation with the highest average annual real estate tax (RET) bill ($9,285)—$8,425 more than yearly property taxes paid by Alabama’s homeowners ($860). The size of this disparity grew 1.1% in 2022 and has increased 9.3% since 2017.

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Re-thinking property tax reporting can help meet lenders’ need for speed

Housing Wire

As these companies examine critical operational workflows, the property tax reporting process often stands out as an opportunity for re-engineering. Digitizing Property Tax Reporting. Given there are over 22,000 tax agencies in the U.S.,

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Property Taxes Just Went Up? We’ve Got You Covered!

Riverfront Appraisals

Homeowners all across Southwestern Indiana and Western Kentucky where we appraise have recently been the unfortunate recipients of a reassessment letter from the local PVA or Tax Assessor. While taxes are part of living in this great Nation (remember what Ben Franklin said?), We’ve Got You Covered!

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The CoreLogic Property Tax Delinquency Report

Appraisal Buzz

We sat down with Randy and Joan Trice, Founder of Allterra Group, LLC to discuss their recent report (can be found here ) on current market conditions and property tax delinquencies. What is the CoreLogic Property Tax Delinquency Report? What does this report mean for the appraisal industry?