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Property Tax

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Will getting rid of property taxes make Florida more affordable?

May 29, 2026 by bp56691
Supporters argue it could ease affordability pressures while critics warn it may fuel higher home prices and reshape local tax structures.
Categories Affordability, eXp Realty, First-Time Homebuyers, Florida, Homebuyers, HWmember, Property Tax, Real Estate

Georgia LIHTC credit match stays in place for now

April 13, 2026 by bp56691
Georgia left a key construction incentive for affordable housing untouched while offering no new relief from rising property tax valuations on LIHTC-reliant projects.
Categories Affordable Housing, Georgia, HWmember, Low-Income Housing Tax Credit, Multifamily Housing, Policy, Politics, Property Tax, The Builder's Daily

New Jersey proposal could reduce senior property tax relief

March 12, 2026 by bp56691
If adopted, the proposal would lower the income cap for property tax relief eligibility to $250,000, down from the current $500,000 limit.
Categories Affordability, Aging in Place, gen x, Mortgage, New Jersey, Property Tax, Reverse, Reverse Mortgage Daily

No exodus after all? Manhattan luxury market sales accelerate under Mamdani

February 19, 2026 by bp56691
With Zohran Mamdani mayor and debate over a possible city wealth tax or property tax increase, market data shows no sign of a luxury exodus.
Categories Compass, Douglas Elliman, Home Prices, Home Sales, Housing Market, HWmember, Luxury Real Estate, Manhattan, New York City, Politics, Property Tax, Real Estate, Tax

Kentucky bill would freeze property taxes for senior homeowners

February 18, 2026 by bp56691
Senate Bill 51 would lock in the assessed value of a senior’s primary residence, preventing higher property tax bills.
Categories Affordability, Aging in Place, HWmember, Kentucky, Mortgage, Property Tax, Reverse

Property tax burdens vary widely as states debate senior relief

February 17, 2026 by bp56691
As states debate relief, the underlying data shows a common trend: residential property owners shouldering a growing share of the tax burden.
Categories Affordability, baby boomer, Florida, gen x, Housing Market, HWmember, Ohio, Property Tax, Retirement, Reverse, Tennessee, Texas

Mortgage escrow misconceptions persist as payment amounts rise

February 13, 2026 by bp56691
Most homeowners are surprised by escrow payment increases, with 62% citing higher property taxes as the cause.
Categories Homeowners insurance, HWmember, Lereta, Mortgage, Mortgage Servicing, Property Tax, Servicing

Ohio lawmakers push for senior foreclosure protection

January 15, 2026 by bp56691
Ohio ranked No. 6 among states for highest foreclosure rates in October 2025, with one in every 3,079 homes receiving a foreclosure filing.
Categories Foreclosure, Legislation, Ohio, Property Tax, Reverse, Reverse Mortgage Daily

Tennessee official floats full property tax reimbursement for seniors

January 6, 2026 by bp56691
Rob Mitchell, the property assessor for Rutherford County, said the Tennessee Golden Homeowners Tax Relief Program would cover the full amount of property taxes assessed on the primary residences of qualifying residents ages 65 and older.
Categories Foreclosure, HWmember, Legislation, Property Tax, Reverse, Reverse Mortgage Daily, Tennessee

Texas proposes property tax cuts for homeowners 55+

December 23, 2025 by bp56691
Texas Lt. Gov. Dan Patrick’s “Operation Double Nickel” proposes lowering the senior property tax benefit age to 55 and expanding exemptions.
Categories Housing Market, HWmember, Property Tax, Reverse, Texas
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