Posts with tag property taxes

With home values nosediving in many areas of the country, why are so many markets facing huge surges in property taxes? Charles Hughes Smith at our sister site, DailyFinance, takes an in-depth look at this seemingly backward phenomenon and explains why this paradox is unsustainable in today's housing market. Common sense... Continue Reading »

U.S. home sales are sagging -- but not with Australians, mate. "For the cost of a new car in Australia, you could own a home in the U.S.A," says Australian real estate agent Vincent Selleck (pictured left), who is on a campaign to recruit buyers from his country to invest in American homes that they can open up as... Continue Reading »

New York and New Jersey are the states with the highest-taxed counties, but upstate New York has it the worst. Counties in upstate New York put a proportionally higher tax burden on homeowners, despite lower home values there, so their tax rates are effectively higher, reports the nonpartisan tax research group The Tax... Continue Reading »

Key Video Takeaways Evan, who hopes to buy a home one day, is getting conflicting information about how much of a down payment he'll need. Whether or not he has enough money might have an effect on when he'll be ready to purchase a home. He's heard that down payments can range from 5 percent to 20... Continue Reading »

Joel Strasser likes to write from his Brick, N.J. home office while his wife takes golf lessons on the green behind their two-bedroom home. What Strasser doesn't like is when his property taxes go up at the same time his home value goes down. He says a year ago the value of his one-story home in the couple's... Continue Reading »