#property-tax-increases

[ follow ]
#housing-market
Real estate
fromFast Company
14 hours ago

20 major housing markets with enough inventory to create homebuyer deals later this year

Most regional housing markets have rising listings but remain below pre-pandemic inventory levels, affecting home price growth differently across regions.
fromFortune
14 hours ago
SF real estate

The 'affordability economy' has created a housing market nobody predicted: Prices collapsing in the Sun Belt, soaring in the Rust Belt | Fortune

Real estate
fromFast Company
2 days ago

This might be the best time to buy a home in years, depending on where you live

America's housing market is shifting towards favoring buyers, with two-thirds of major markets now classified as balanced or buyer-friendly.
Real estate
fromFast Company
2 days ago

States with the most-and least-housing market inventory heading into the core spring selling season

Monitoring active listings and months of supply is crucial for assessing home price momentum and market dynamics.
Real estate
fromFast Company
14 hours ago

20 major housing markets with enough inventory to create homebuyer deals later this year

Most regional housing markets have rising listings but remain below pre-pandemic inventory levels, affecting home price growth differently across regions.
SF real estate
fromFortune
14 hours ago

The 'affordability economy' has created a housing market nobody predicted: Prices collapsing in the Sun Belt, soaring in the Rust Belt | Fortune

U.S. housing market is experiencing a significant decline in prices after a post-pandemic boom, with projections for continued decreases.
SF real estate
fromwww.housingwire.com
1 week ago

How the ROAD to Housing Act could improve home affordability

COVID-19 and Federal Reserve actions led to a housing market frenzy, but rising mortgage rates and inflation have since decimated affordability.
Real estate
fromFast Company
2 days ago

This might be the best time to buy a home in years, depending on where you live

America's housing market is shifting towards favoring buyers, with two-thirds of major markets now classified as balanced or buyer-friendly.
Real estate
fromFast Company
2 days ago

States with the most-and least-housing market inventory heading into the core spring selling season

Monitoring active listings and months of supply is crucial for assessing home price momentum and market dynamics.
LA real estate
fromtherealdeal.com
8 hours ago

It's a dance to price resi in wildfire-ravaged Altadena

Altadena's real estate market shows signs of recovery, but skepticism is warranted due to fluctuating prices and market instability.
US politics
fromKqed
5 days ago

Grass Is Really Greener for Many Californians Leaving the State | KQED

Trump endorsed Steve Hilton for California governor, claiming he can improve the state plagued by high taxes.
#real-estate
Real estate
fromwww.housingwire.com
1 day ago

Top Century 21 firm expands into Michigan

Century 21 Circle expands into Michigan by partnering with Kelley Real Estate Group to enhance its Midwest presence and support cross-state client movement.
Real estate
fromwww.housingwire.com
2 days ago

Why real estate investors are done waiting

In competitive real estate markets, speed and certainty are prioritized over lower rates by investors seeking to secure deals quickly.
NYC real estate
fromBrownstoner
10 hours ago

Brooklyn News: Brownsville Housing Lottery Launches

Bay Ridge and Park Slope feature notable real estate listings, including affordable housing options and stylish renovations.
SF real estate
fromwww.housingwire.com
3 days ago

Nearly 1 in 2 home listings cut prices in Florida, Arizona

Arizona and Florida lead in home price reductions, reflecting significant market adjustments with over $119 billion in affected inventory.
NYC real estate
fromtherealdeal.com
2 days ago

New York latest state to consider law on private listings

New York's proposed bill aims to regulate private listings, requiring seller agreements and faster public listing timelines to enhance market transparency.
Real estate
fromwww.housingwire.com
1 day ago

Top Century 21 firm expands into Michigan

Century 21 Circle expands into Michigan by partnering with Kelley Real Estate Group to enhance its Midwest presence and support cross-state client movement.
Real estate
fromwww.housingwire.com
2 days ago

Why real estate investors are done waiting

In competitive real estate markets, speed and certainty are prioritized over lower rates by investors seeking to secure deals quickly.
fromPadailypost
2 days ago

Health care sales tax campaign under investigation

The FPPC wants to know if county government funds were used on Measure A campaign mailers, following complaints from the Silicon Valley Taxpayers Association and Libertarian Party of Santa Clara County.
SF politics
Mission District
fromLos Angeles Times
12 hours ago

Commentary: On the blight side, a stroll around City Hall provokes the question: Can't we do better?

The Frank Putnam Flint fountain symbolizes neglect and failed leadership in Los Angeles, raising concerns about city maintenance and public space care.
East Bay (California)
fromwww.berkeleyside.org
1 day ago

For dozens displaced by West Berkeley apartment fire, it's been a week of loss and stress

Residents displaced by a fire in West Berkeley face deep loss, anxiety, and the challenge of rebuilding their lives amidst ongoing responsibilities.
Public health
fromCity Limits
1 day ago

Opinion: Excise Taxes Can Help Fund Needed Addiction Treatment in NY

New York's alcohol sales generate $12 billion annually but do not address related health issues.
California
fromABC7 San Francisco
1 day ago

CA lawmakers considering bill that could slash PG&E rates by 30%, pay out wildfire victims

State lawmakers are considering a bill to reduce PG&E bills by 30% and ensure fire survivors receive full settlements.
New York City
fromwww.amny.com
1 day ago

I love this place': Jimmy's Corner supporters rally for commercial rent stabilization bills | amNewYork

Jimmy's Corner, a beloved Times Square dive bar, faces eviction, prompting owner Adam Glenn to rally for legislation to protect small businesses.
NYC parents
fromCity Limits
1 day ago

Report Finds Homeless Students Miss More School, And What Else Happened This Week in Housing

Over half of students in the shelter system were chronically absent, highlighting the need for increased support from city and state authorities.
NYC politics
fromStreetsblog Empire State
2 days ago

POL PLOT: Hochul's Insurance Plan Is A Statewide Head-Scratcher - Streetsblog Empire State

Lawmakers are skeptical of Gov. Hochul's car insurance reform proposal, fearing it compromises crash victims' rights for minimal savings.
Silicon Valley real estate
fromsfist.com
2 days ago

Supes Reject Appeal to Legalize North Beach Mansion Illegally Converted From Four Units

The SF Board of Supervisors rejected an appeal to legalize an illegally converted single-family home from four rent-controlled units.
Boston
fromBoston.com
3 days ago

Wu releases $4.9 billion budget proposal amid 'difficult moment' for city's finances

Boston's proposed budget for fiscal year 2027 is $4.9 billion with a 2.1% spending increase, the smallest since 2009.
UK politics
fromwww.bbc.com
2 days ago

Greens launch local election campaign with focus on housing

Green Party leader Zack Polanski criticizes the government for failing to build affordable housing and calls for rent controls in London.
Chicago
fromThe Center Square
4 days ago

Chicago office vacancy rates worsen, card swipe numbers offer hope

Chicago's downtown office vacancy rate has reached 28.6%, impacting residential property taxes and highlighting the need for civic reforms.
#housing
Alternative transportation
fromKqed
5 days ago

The Great Squeeze: Bay Area Residents Downsize and Adapt to Rising Costs | KQED

Living in smaller spaces has led to increased self-reliance and community support among families.
East Bay real estate
fromGothamist
5 days ago

Mamdani administration eyes new effort to steer sale of NYC rent-stabilized apartments

Mayor Mamdani aims to influence the sale of rent-stabilized apartments in East Harlem to protect tenants' rights and stabilize housing.
from48 hills
3 days ago
LA real estate

Supes reject illegal conversion that turned four rental units into one mansion - 48 hills

Alternative transportation
fromKqed
5 days ago

The Great Squeeze: Bay Area Residents Downsize and Adapt to Rising Costs | KQED

Living in smaller spaces has led to increased self-reliance and community support among families.
East Bay real estate
fromGothamist
5 days ago

Mamdani administration eyes new effort to steer sale of NYC rent-stabilized apartments

Mayor Mamdani aims to influence the sale of rent-stabilized apartments in East Harlem to protect tenants' rights and stabilize housing.
from48 hills
3 days ago
LA real estate

Supes reject illegal conversion that turned four rental units into one mansion - 48 hills

LA real estate
fromtherealdeal.com
1 day ago

ULA data breakdown: Mansion Tax hits commercial sector hardest

Measure ULA, a mansion tax, primarily generates revenue from commercial real estate transactions in Los Angeles, accounting for 55.5% of total revenue.
Real estate
fromFast Company
1 day ago

This $3B builder moves from California to Arizona-signaling something about the housing market's next decade

KB Home will relocate its headquarters to Tempe, Arizona, in 2027, reflecting a shift in the U.S. homebuilding landscape and cost-saving measures.
#rent-stabilization
NYC real estate
fromwww.amny.com
2 days ago

New Rent Guidelines Board reports fuel competing cases for and against a rent freeze | amNewYork

Rent increases for stabilized apartments have sparked conflict between tenant activists and landlords amid rising operating costs.
NYC real estate
fromtherealdeal.com
2 days ago

FARE Act adding to landlord strangulation, one owner says

Tenants are moving more frequently and becoming pickier, making it harder for landlords to fill rent-stabilized apartments near market rates.
NYC real estate
fromwww.amny.com
2 days ago

New Rent Guidelines Board reports fuel competing cases for and against a rent freeze | amNewYork

Rent increases for stabilized apartments have sparked conflict between tenant activists and landlords amid rising operating costs.
NYC real estate
fromtherealdeal.com
2 days ago

FARE Act adding to landlord strangulation, one owner says

Tenants are moving more frequently and becoming pickier, making it harder for landlords to fill rent-stabilized apartments near market rates.
fromThe Nation
1 day ago

In Princeton, a Housing Plan Sparks a Neighborhood War

One resident of Princeton's Western Section told the room, 'Those of us who own historic homes are subsidizing the community' - and was met with applause.
East Bay real estate
fromThe Oaklandside
1 day ago

Sunday parking is no longer free in Oakland. Tickets starting at $64 begin this weekend

"Our business community will also benefit from Sunday metering because it encourages parking turnover, allowing more customers to visit these establishments," said Josh Rowan, the transportation director, in a city press release.
East Bay (California)
Public health
fromsfist.com
1 day ago

SF Supervisor Says Drug-Free Supportive Housing Would Allow Relapses If They Don't Disrupt Others' Sobriety

Dorsey proposes drug-free supportive housing to reduce overdose deaths, despite skepticism from advocates about potential eviction policies.
California
fromPadailypost
2 days ago

Palo Alto planning to raise utility rates $174/month over five years

Palo Alto plans to raise utility rates by $174 per month over five years, with significant increases in gas, electricity, water, and sewer rates.
SF real estate
fromSFGATE
2 days ago

Mortgage Rates Move Lower as Economic Outlook Worsens

Mortgage interest rates have slightly improved, but the economic outlook remains negative, indicating deeper financial concerns for consumers and businesses.
NYC politics
fromwww.amny.com
2 days ago

Debate over last-mile delivery bill heats up in first City Council hearing | amNewYork

Intro 518 aims to regulate last-mile delivery facilities for worker safety but faces opposition due to potential job losses.
Mission District
fromSan Jose Spotlight
2 days ago

Divided San Jose council approves police housing preference - San Jose Spotlight

San Jose Police Department personnel will receive priority in a new housing program, despite criticism regarding fairness to other city workers.
fromwww.bxtimes.com
2 days ago

Governor Hochul announces congestion pricing is funding air quality improvements at Hunts Point Market Bronx Times

Congestion pricing has been a once-in-a-lifetime success story, leading to cleaner air, better transit and faster and safer traffic throughout the city. We knew that to do this right, we had to bring real air quality improvements directly to parts of New York City that have been neglected for far too long.
New York City
#housing-affordability
SF politics
fromwww.housingwire.com
2 days ago

Virginia YIGBY bill puts Spanberger housing agenda on the line

A housing agenda aimed at improving affordability faced legislative challenges, but proposals for subsidies and preservation of affordable housing were passed.
NYC real estate
fromwww.businessinsider.com
3 days ago

BNY offers $6,500 for some homebuying employees, as even Wall Street workers struggle with housing costs

BNY offers $6,500 to US employees earning $100,000 or less to assist with first home purchases amid worsening housing affordability.
Silicon Valley real estate
fromKqed
4 days ago

How Skyrocketing Housing Costs and Policy Choices Reshaped the Bay Area | KQED

Investment income in Silicon Valley is highly concentrated among higher-income households, exacerbating the wealth gap and high cost of living.
Real estate
fromwww.housingwire.com
1 day ago

Why the hiring rate matters more than unemployment for the housing market

The labor market remains strong with low unemployment, impacting housing stability and reducing risks of distressed inventory.
LA real estate
fromLos Angeles Times
2 days ago

Karen Bass seeks City Council approval for $360-million affordable housing, using 'mansion tax' funding

Los Angeles plans to allocate over $360 million for affordable housing projects, funding 80 initiatives to create and repair over 4,000 housing units.
NYC real estate
fromNew York City, NY Patch
2 days ago

These NYC Neighborhoods Will See The Highest Rent Increases, Report Finds

Maintenance costs in rent-stabilized buildings exceed rental income, leading to financial distress, particularly in pre-1974 buildings and those with high stabilized units.
California
fromSFGATE
2 days ago

Nebraska woman billed $353 by California city she's never heard of

A Nebraska woman was mistakenly billed by a California fire department for emergency services she never received due to a clerical error.
Mission District
fromSan Jose Spotlight
3 days ago

Palo Alto prepares to go big on housing around San Antonio Road - San Jose Spotlight

San Antonio area is undergoing transformation with new mid-rise housing projects and relaxed building standards to encourage denser development.
#new-york-city
fromAol
2 days ago
NYC real estate

Summer heat is coming; Does your NYC landlord have to provide AC?

New York City
fromwww.amny.com
3 days ago

Editorial | NYC true cost of living' report exposes a town without equity | amNewYork

62% of New Yorkers cannot meet the true cost of living, highlighting a significant economic crisis and racial disparities.
NYC politics
fromNewsmax
5 days ago

NYC Office Real Estate Rises Under Socialist Mamdani

New York City's office market shows strength despite concerns over Mayor Mamdani's tax policies potentially driving businesses away.
NYC politics
fromwww.amny.com
5 days ago

Editorial | Building a responsible budget at City Hall | amNewYork

Mayor Mamdani and Speaker Menin present competing budget plans to address a $5.9 billion deficit in New York City.
NYC real estate
fromAol
2 days ago

Summer heat is coming; Does your NYC landlord have to provide AC?

NYC mandates landlords to provide air conditioning in rentals by summer 2030, ensuring tenant rights and safety during installation.
New York City
fromNew York Daily News
1 week ago

NYC Council budget plan averts Mamdani property tax hike, avoids tapping reserves

The City Council plans to close New York's budget gap without tax hikes or using reserves, proposing alternative funding sources instead.
#housing-crisis
from48 hills
4 days ago
East Bay (California)

In Oakland, a tiny-home community is forced back onto the streets - 48 hills

fromBuzzFeed
2 days ago
NYC real estate

A Millennial Making $113K Just Apologized To Gen Z After Realizing They Can't Afford Their '06 Apartment

Rising rents have significantly outpaced wage growth, making housing increasingly unaffordable for younger generations.
NYC real estate
fromFortune
3 days ago

Housing is so expensive, even a $87 billion Wall Street bank is giving workers $6.5K in cash to get on the property ladder | Fortune

Many American workers have abandoned homeownership dreams due to a housing crisis, prompting BNY to offer financial assistance for first-time homebuyers.
East Bay (California)
from48 hills
4 days ago

In Oakland, a tiny-home community is forced back onto the streets - 48 hills

Eviction of the 3rd and Peralta tiny home community in Oakland leaves residents, like Dennis, without support or resources for permanent housing.
NYC real estate
fromBuzzFeed
2 days ago

A Millennial Making $113K Just Apologized To Gen Z After Realizing They Can't Afford Their '06 Apartment

Rising rents have significantly outpaced wage growth, making housing increasingly unaffordable for younger generations.
NYC real estate
fromFortune
3 days ago

Housing is so expensive, even a $87 billion Wall Street bank is giving workers $6.5K in cash to get on the property ladder | Fortune

Many American workers have abandoned homeownership dreams due to a housing crisis, prompting BNY to offer financial assistance for first-time homebuyers.
#insurance
LA real estate
fromABC7 San Francisco
2 days ago

As Bay Area homeowners face rising premiums, insurance companies demand costly home upgrades

Bay Area homeowners face rising insurance premiums and costly upgrade demands due to increased rebuilding costs and insurer requirements.
LA real estate
fromtherealdeal.com
1 week ago

Campaign promises offered as assurances on California's troubled resi insurance market

Pacific Palisades residents face a $1.5 million gap between insurance payouts and rebuilding costs after last year's fire.
LA real estate
fromABC7 San Francisco
2 days ago

As Bay Area homeowners face rising premiums, insurance companies demand costly home upgrades

Bay Area homeowners face rising insurance premiums and costly upgrade demands due to increased rebuilding costs and insurer requirements.
LA real estate
fromtherealdeal.com
1 week ago

Campaign promises offered as assurances on California's troubled resi insurance market

Pacific Palisades residents face a $1.5 million gap between insurance payouts and rebuilding costs after last year's fire.
New York City
fromQNS
3 days ago

Mamdani's push to 'tax the rich' could make sense for NYC, fiscal analysts say, despite Hochul opposition - QNS

Mayor Mamdani's proposed millionaire tax is a sound financial strategy for New York City to address budget shortfalls.
Mission District
fromMission Local
3 days ago

Tale of two neighborhoods: SoMa sales slide as Mission Bay's grow

South of Market restaurants struggle to recover post-pandemic, while Mission Bay experiences growth in sales-tax revenue.
California
fromSan Jose Inside
3 days ago

Here's a Look at the Tax Payments and Reported Incomes of Top Governor Candidates

Tom Steyer reported a total income of $39 million in 2024, surpassing all his major opponents combined.
#housing-policy
Real estate
fromCity Limits
1 day ago

100 Days In, Mamdani's Housing Chief Says City Hall Will Stand Up for Tenants-And Work With Real Estate

The administration prioritizes tenant rights while engaging with the real estate industry to address the housing affordability crisis.
SF politics
from48 hills
2 weeks ago

The false narrative about SF's real-estate tax measure starts to emerge - 48 hills

ConnectedSF supports repealing Prop. I, claiming it stalls housing projects, but financing issues and market conditions are the real barriers to development.
Real estate
fromCity Limits
1 day ago

100 Days In, Mamdani's Housing Chief Says City Hall Will Stand Up for Tenants-And Work With Real Estate

The administration prioritizes tenant rights while engaging with the real estate industry to address the housing affordability crisis.
SF politics
from48 hills
2 weeks ago

The false narrative about SF's real-estate tax measure starts to emerge - 48 hills

ConnectedSF supports repealing Prop. I, claiming it stalls housing projects, but financing issues and market conditions are the real barriers to development.
LA real estate
fromLos Angeles Times
2 days ago

Rebuilding permits in Altadena have picked up, but construction lags and financial woes loom

Recovery for fire survivors in Altadena is progressing, but many remain uncertain and have not yet started rebuilding.
#new-york
New York City
fromwww.amny.com
3 days ago

Op-Ed | It's time to modernize SEQRA to ensure responsible development

Vacant office spaces in Midtown could be transformed into thousands of apartments, addressing housing shortages and environmental concerns.
NYC real estate
fromtherealdeal.com
1 week ago

Help for rent-stabilized landlords appears unlikely as Mamdani's board kicks off

Data on rent increases in New York reveals conflicting interpretations between tenant advocates and landlord groups regarding financial realities.
Mission District
fromSan Jose Spotlight
4 days ago

Cupertino council declines to reconsider housing project - San Jose Spotlight

Cupertino officials rejected a request to reconsider an affordable housing project amid a lawsuit claiming rushed approvals and environmental review bypass.
NYC real estate
fromwww.amny.com
3 days ago

Housing groups push to ensure new tenant harassment penalties get in state budget | amNewYork

New legislation aims to impose criminal penalties for systemic harassment of rent-regulated tenants in New York City.
LA real estate
fromwww.housingwire.com
4 days ago

California steps up reform to join the single-stair bandwagon

California proposes legislation to allow mid-rise apartment buildings with a single staircase to increase housing supply and affordability.
LA real estate
fromtherealdeal.com
4 days ago

Like playing monopoly: Time ticking in Altadena rebuild as market limps along

The Eaton fire significantly impacted homeowners, causing property value loss and insurance claim struggles, delaying recovery in Altadena's real estate market.
fromBrownstoner
2 days ago

Turn Monthly Rent and Mortgage Payments Into Value With Bilt

Bilt allows users to earn points on both rent and mortgage payments, which can be redeemed for travel, dining, and local business benefits, making housing costs more manageable.
Real estate
LA real estate
fromwww.housingwire.com
1 week ago

What Washington state agents are seeing with new 'millionaires tax'

High-net-worth clients are adapting to new tax implications, with some accelerating plans to relocate due to financial considerations.
US news
fromwww.npr.org
1 month ago

America has a housing affordability crisis. Building houses for rent can help

Build-to-rent single-family homes are rapidly expanding, with 7% of new single-family houses now built for rent rather than sale, offering an alternative to both apartment living and homeownership.
California
fromKqed
3 weeks ago

How Federal Housing Reform Could Impact Californians | KQED

Congress is finalizing significant federal housing reform bills inspired by California laws, targeting housing shortages through construction innovation, streamlined programs, and increased local housing planning.
Real estate
fromBoston.com
1 month ago

For Sale by Owner: Should you attempt to sell your own house?

Selling a home without an agent can save money, but it's complex and often results in lower sale prices compared to agent-assisted sales.
Real estate
fromwww.housingwire.com
2 weeks ago

Insurance is having a growing impact on condo affordability

Fannie Mae and Freddie Mac revised condo project approval requirements, enhancing affordability but eliminating limited reviews, impacting mortgage access for buyers.
fromCbsnews
1 month ago

See where U.S. homeowners pay the highest property taxes by county and state

Property taxes around the U.S. have long been a lightning rod for debate, with political leaders perpetually balancing the need to fund their budget priorities against the risk of alienating homeowners and businesses. This week, for example, New York City Mayor Zohran Mamdani sparked an uproar by proposing to close a budget hole by sharply raising property taxes.
US politics
Real estate
fromwww.housingwire.com
3 weeks ago

Housing muni market swells amid affordability policy debate

Municipal bonds have become a critical financing tool for affordable housing, growing 198% since 2016 and now representing 7% of the $4.4 trillion municipal bond market.
Real estate
fromwww.housingwire.com
1 month ago

Property tax, insurance accounts for 21% of mortgage payments

Taxes and insurance can comprise over one-third of monthly mortgage payments in many markets, significantly impacting affordability beyond the base loan cost.
[ Load more ]