USA Property

USA Property

What properties might Trump administration sell in Nebraska?

'Just getting started': Trump speech on DOGE, budget and borderPresident Donald Trump used his remarks before a joint session of Congress to spell out his vision for the next four years.One building in Nebraska is listed among the hundreds of "underutilized" federal properties that could be sold by President Donald Trump’s administration.In a statement released Tuesday, the U.S. General Services Administration announced that it would consider selling more than 440 federal properties, which it calls "non-core assets," saying many are "functionally obsolete and unsuitable for use by our federal workforce."A list of the...
USA Property

Older Americans are moving out of these states as property taxes soar

Sky-high property taxes in large metros like New York City, Philadelphia, and Chicago are driving retirees out and fueling an internal migration to places where owning a home won’t land you in the poorhouse, a new analysis has found. John Burns Real Estate Consulting has shared a map on LinkedIn showing which U.S. regions have the highest and lowest median property tax rates, based on the most recently available data from the U.S. Census Bureau’s American Community Survey. The dark red areas on the map show cities and counties with property taxes that amount to over...
USA Property

Property taxes unfair. Can Florida afford to drop them?

One top GOP lawmaker said, 'I think we should caution our members as to the outcomes' if Florida axes property taxes.How well will the Florida Legislature work with Gov. Ron DeSantis?FLORIDA TODAY's John Torres discusses the 2025 legislative session with reporters James Call and John Kennedy in this excerpt fro the Florida Pulse.Florida Republicans are considering phasing out property taxes, a move championed by Gov. Ron DeSantis.The proposal faces a significant hurdle: Replacing the $50 billion in revenue property taxes generate for essential services like schools and law enforcement.Critics argue...
USA Property

Three US Army soldiers arrested in bribery and theft of defense intelligence case: Kash Patel

The FBI, in coordination with interagency partners led by former Florida Attorney General Pam Bondi, has arrested two active-duty US Army soldiers and one former soldier on charges of theft of government property and involvement in a bribery scheme.Kash Patel, in a post on X, confirmed the arrests and said, " I can now report that today the FBI, along with our interagency partners led by Attorney General Pam Bondi, arrested two active-duty US Army soldiers and one former US Army soldier for theft of government property and a bribery...
USA Property

Lancashire expects less property cat reinsurance rate softening after LA wildfires: CUO Gregory

Paul Gregory, Chief Underwriting Officer (CUO) of re/insurance company Lancashire Holdings Limited, expects there to be less property catastrophe reinsurance rate softening than initially anticipated for the remainder of 2025, following the impacts of the costly January wildfires in Southern California. Industry losses for the January 2025 Los Angeles wildfires are coalescing around the $40 billion mark, although some have suggested the total loss could be as high as $50 billion, while economic losses are expected to exceed $250 billion by some margin. For Lancashire, the fires are expected to...
USA Property

Oshkosh property revaluations prompt council resolution to legislature

Oshkosh's commercial properties were significantly undervalued, leaving residents with 'an inequitable share' of the 2025 property tax pie.OSHKOSH – Common council is trying to avoid a repeat of the situation that led to this year’s spike in property taxes.Oshkosh is requesting the state legislature allow the city and other municipalities to revert to previous property valuations in cases where revaluations result in huge disparities between commercial and residential property values.City council unanimously passed the resolution during the Feb. 25 common council meeting after the city’s commercial properties were significantly undervalued,...
USA Property

Ramaswamy will rid Ohio of all property taxes as governor

"Vivek opened his campaign with a bold vision to eliminate property tax." We already have the legislators in place, but we need a governor leading the charge to make that dream a reality.Ron Ferguson  |  Columbus DispatchWatch: Ramaswamy holds gubernatorial campaign rally in New AlbanyVivek Ramaswamy holds a campaign rally in New Albany after announcing his run for Ohio Governor on Feb. 24, 2025.State Representative Ron Ferguson, R-Wintersville, is serving his third term in the Ohio House of Representatives. He is chair of the Freedom Caucus, a Club for Growth Fellow and...
USA Property

Historic 1903 farmhouse in Newberry lists for $2.288 million | Columbia Business

It was built in 1903, and still features some original elements like its heart-of-pine floors and tongue-and-groove ceilings. Now, the historic farmhouse and the expansive property that surrounds it also has a list price — $2.288 million.That’s the price for Martin Farm, a 181-acre property in the Midlands town of Newberry with an expanded five-bedroom home as its centerpiece. The property located at 8660 S.C. Highway 395, roughly 40 miles northwest of Columbia, is also equestrian-ready with fenced pastures and a barn with a hayloft, according to the listing from...
USA Property

These are sprouting up in every rich neighborhood in America. I had to find out why.

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. For years, the house next door to ours was condemned. The retired federal employee who owned it lived elsewhere and seemed mostly to use the property to store a whole bunch of his junk. I would sometimes see him puttering around the library in our part of Arlington, Virginia. Though I would have preferred a neighbor who was friendly and present, I was grateful that for some unfathomable reason he never...
USA Property

Trump plans to slash fed bloat with massive 443-property fire sale across US

President Donald Trump is swinging the axe at government waste, eyeing a blockbuster sell-off of 443 federal properties spanning 47 states, DC and Puerto Rico. The move, aimed at gutting the bloated federal workforce and the pricey buildings they occupy, could dump nearly 80 million square feet of commercial space — 12 times the Pentagon’s footprint — onto the market. The General Services Administration (GSA) dropped the staggering list of “non-core” assets on Tuesday, spotlighting a haul that could save taxpayers a cool $430 million a year in upkeep costs,...
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