City living costs $9k a year more than the suburbs



Nationally, families spend an average of $9,073 more per year to cover basic housing and child care costs in the city than in the suburbs

New Report Looks at Property Tax Rates



An article in RisMedia has looked at RealtyTrac’s Property Tax Rates Report for last year, the first the company has produced. This shows the effective property tax rates for single family homes and covers over 1,000 counties throughout the country. The report shows the average property taxes paid last year and the effective property taxes. […]

Tax Lien Investing Pros and Cons



Tax lien investing has long been a popular method of investing in real estate but it should not be taken lightly. Although potential returns are huge, so are the risks. Approximately $425 billion in state and local real estate property taxes are owed across the U.S. each year. Of that, about $6 billion goes delinquent. […]

What’s Ahead for Real Estate in 2014



January 1 is only a date on the calendar. It’s come and gone. It’s not a milestone that causes everything in the market to change. Yes, lots of statistics and predictions will come out around that date. However, the fact is the real estate market typically evolves rather than goes through major revolutions. If you […]

A Peek Inside The Real American Economy – Trickle Down And Trickle Up Economics



In all of the media wrangling over the fiscal cliff, the tax increases, phony spending cuts, “trickle down economics” and all the rest, I think the media and the federal government have lost all sense of the realities of day to day life for the typical small business owner.

Georgia Shoots To Number One In Foreclosures Nationwide In May



Georgia, a state that has long held a spot in the top ten for foreclosure activity, has now hit a new record level of foreclosure filings for May of 2012. The state has worked it’s way up from number eight back in 2010, number five in 2011, number three earlier this year, and now, it has exclusive bragging rights for the number one spot

Tax Lien Errors – How You Could Lose Your Home Even If It’s Paid For



Rita James, a 76-year old from Atlanta, GA, had no idea 18 years ago that the Fulton county tax commissioners office had made a mistake on her property tax bill. As reported in the Atlanta Journal – Constitution, Ms. James spent years trying to save the home she had owned since 1963. A home which she apparently owned free and clear, except for those yearly property tax payments.

Edmonton Property Taxes Rise, Assessments Mailed this Week



Today, the city of Edmonton, AB sent out property tax assessments to homeowners. For many in the capital of the western Canadian province, the assessments for 2012 will be surprising. Like many areas of the country and around the world, Edmonton’s property values have declined, but despite this, property taxes will still rise. Those homeowners who were […]

Cities Expect More Budget Cuts as Home Values Continue to Fall



The writing has been on the wall for years, but the moment when cities will have to make serious cuts to deal with falling housing prices may come in 2012. Part of the real estate market collapse that rarely gets attention is the effect it has on property taxes. Cities use those taxes to pay […]

Canada’s Real Estate Now More Affordable, Study Says



Homes in Canada became a bit more affordable in the third quarter of 2011, according to a new report by RBC. Most parts of Canada saw a decrease in housing costs, with Vancouver being the one exception. The index RBC uses calculates the affordability of housing at a given time. The lower the index, the […]

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