USA Property

This week, Texas lawmakers approved a $338 billion two-year budget that prioritizes property tax relief. TEXAS, USA — Property owners across Texas can expect to see significant changes on their tax bills this fall, thanks to a sweeping property tax relief package passed by lawmakers during the 2023 legislative session. Billy White, chief appraiser for the Bell County Appraisal District, said homeowners could see lower school district taxes this year as a result of a proposed increase to the homestead exemption — from $100,000 to $140,000 — pending final voter...

Habitat for Humanity of Collier County progresses on new Naples communityScenes from Habitat for Humanity of Collier County's Majestic Place community. When construction is complete, it will have 109 single-family homes.Collier County's preliminary property values increased by roughly 3% to $229.3 billion in 2025.Taxable property values saw a larger increase of 8.2%, reaching $164.5 billion, largely due to new construction.While market value growth slowed, new construction added $4.18 billion to the tax rolls.The final tax roll will be submitted to the state on July 1st, with TRIM notices sent to...

BENGALURU, June 3 (Reuters) - U.S. home prices will rise steadily over coming years on an expected further decline in mortgage rates, according to property experts in a Reuters survey who expressed a near-unanimous view President Donald Trump's tariffs would hinder affordable home construction.The same analysts had said three months ago that affordability and turnover in the market would improve, an upbeat outlook hinging on expectations the Federal Reserve will resume cutting interest rates after staying on the sidelines all year. Sign up here.That optimism has since been tempered with...

US green cardholders may be prohibited from buying land and owning properties in some parts of Ohio. Legislators in Ohio are debating a bill that would forbid foreign nationals and some green card holders from buying land in sizable areas of the state, reports Newsweek. This legislation proposes limiting foreign entities’ purchases of certain properties, notably agricultural land and land within 25 miles of military sites and essential infrastructure facilities. The bill is part of a larger national effort to address concerns about foreign land ownership and national security. Representative...

Australian real estate website Domain will be sold to US real estate giant CoStar in a deal worth almost $3 billion.Nine, the publisher of this website, owns 60 per cent of Domain and will receive around $1.4 billion if the deal is approved.In a statement to shareholders this morning, Domain said it had entered into a scheme implementation deed with CoStar for it to acquire 100 per cent of the company at $4.43 a share.Australian property website Domain will be sold to CoStar in a deal worth $2.8 billion. (Domain.com.au)CoStar...

Sales and rental segments of the American housing market are stabilizing, with moderation in price growth signaling broader market adjustment driven by persistently elevated mortgage rates and cautious buyer behavior against the background of heightened macroeconomic uncertainty. This extended overview from Global Property Guide covers key aspects of the US housing market and takes a closer look at its most recent developments and long-term trends. Table of Contents Housing Market Snapshot US home prices are beginning to stabilize, signaling a broader market adjustment shaped by persistently high mortgage rates and...

Property taxes are not a punishment for homeownership. They are an essential investment in the community that makes homeownership worthwhile.Study eyed for Florida property tax changesExpect an economic impact study as a first step as discussions ramp up about the future of property taxes in Florida.Fox - 35 OrlandoGov. Ron DeSantis recently asked the disingenuously rhetorical question: “Do you ever own your own home?”It’s a provocative statement meant to stir resentment over property taxes as part of a larger pitch to either eliminate or drastically reduce them. But, while such...

Bahrain’s Investcorp Capital has exited 12 residential multiple-occupancy real estate assets across five states in the United States for an approximate value of US$550 million. Despite a tempered multifamily (multiple-occupancy real estate assets) market, Investcorp said in a filing with the Abu Dhabi Securities Exchange (ADX) that the exit was secured at a premium. The 12 residential buildings have an average occupancy of 94 per cent and are situated in desirable rental markets in Atlanta, Georgia; Philadelphia, Pennsylvania; Raleigh, North Carolina; St Louis, Missouri; and Tampa and Orlando in Florida. Mohamed...