ICE Mortgage Monitor shows affordability improving, but Cotality reports escrow costs up 45%, offsetting gains with rising taxes and insurance.
A new Realtor.com report reveals that 40.5% of U.S. homes may be overassessed on property taxes, with median potential savings of $539 per year for those who file a protest.
A Real Estate Witch report reveals 8 in 10 homeowners underestimate the true cost of homeownership, including costs not included in their mortgage payment. Agents who prepare buyers for the full financial picture stand out—here’s why.
In the wake of the devastating L.A. County wildfires, homeowners are grappling with pressing questions about their financial obligations, including their mortgage.
A recent ATTOM report revealed property taxes on single-family homes increased by 6.8% across the United States in 2023, totaling $363 billion, with significant variations in rates across different states, metro areas, and counties.
According to a new analysis from Zillow and Thumbtack, the hidden costs of homeownership—from property taxes to essential maintenance—add up to an average ofn$14,155 a year, or $1,180 a month.
The Hot Sheet recap for April 10th – 17th covers home value data from CoreLogic and Zillow, as well as property tax increases across the U.S., cooling inflation amid high housing costs, and first-time homebuyer optimism.
Byron Lazine and Nicole White discuss Zillow’s new monthly payment search filter, the increase in property taxes, and a strange phone call from Inman about BAM’s free content and Byron’s reaction to a BAM contributor’s articles.
A new ATTOM report on 2022 property taxes for 87 million U.S. single-family homes shows property taxes are up 3.6% from 2021. Average property tax rose 3%, with an effective property tax rate nationwide of 0.83%, down to its lowest point since at least 2016.
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