The Illinois Supreme Court has reversed the Third District’s holding in a case where a property owner was entitled to a refund for monies it paid for property taxes on land which the government seized in eminent domain proceedings. Click through to read details of the decision.
Read More »Preserving Inheritor Homeownership: Helping Prevent Property Tax Foreclosures
While attaining homeownership remains a challenge for many, a new report from the National Consumer Law Center examines the severe consequences of property tax liens for owners of inherited homes, as well as the steps heirs can take to prevent property tax foreclosures and preserve homeownership.
Read More »More Than Half of Americans Fear They Will Never Own a Home
Among Americans who don’t currently own a home, 51% say they’re worried they will never attain homeownership, according to a new survey from LendingTree. Mortgage rates topped 7% last month and home prices hit new highs in June.
Read More »Property Taxes Increase to $340B Annually
The share of single-family home property taxes is up across the board by 4%. Click through for more.
Read More »Investment Outlook: Ranking Winter Vacation Home, Investment Property Locations
Vacasa has ranked the top spots nationwide to purchase a winter vacation home and investment property, analyzing which mountain markets delivered the strongest homeowner returns.
Read More »Homeowners Paid a Collective $328B in Property Taxes in 2021
Property taxes are a given for most people in the country, and as with everything else, increases happen every year. To quote Benjamin Franklin, “nothing is certain except death and taxes.” According to ATTOM Data’s 2021 Property Tax Analysis, single-family ...
Read More »Property Tax Delinquency Rates Fell in 2021
The latest CoreLogic Property Tax Report found that on a national level tax delinquencies dropped to 5.9%, while regionally, North Dakota had the lowest rate, and Mississippi had the highest.
Read More »Examining Climate’s Impact on Migration
A new study has found that more are factoring natural disasters in their decision-making process when it comes to moving.
Read More »Property Tax Increases Force Rise in Foreclosure Rates
With home price appreciation on the rise, higher property taxes have pushed foreclosures up in Virginia, Georgia, and New York.
Read More »Property Taxes Increased to Over $306.4B
According to a new report, the nationwide increase was the smallest in the last three years.
Read More »