Property taxes are essential for local government revenue but are becoming burdensome due to rising home values. Several states are considering eliminating these taxes. Florida is studying alternatives, Illinois proposes a homestead exemption, Kansas plans to use sales tax changes, and Pennsylvania suggests new taxes to offset lost revenue. Balancing government needs and voter support remains challenging.
A survey reveals most homeowners prioritize strong insurance coverage but often fail to review their policies regularly. This gap between valuing protection and managing insurance
Private core real estate in the U.S. posted a 4.9% trailing four-quarter total return, driven mainly by income, with stable capital values. All major property
New Florida condo laws added reserve and assessment requirements, pushing some South Florida owners to sell units carrying major repair and maintenance costs. A market
Compare listings
Compare
