USA Property

USA Property

Washington Democrats abandon property tax hike

The property tax battle of 2025 is over in the Washington state Legislature. Democrats are ending their bid to repeal a voter-approved limit on property tax growth, excising one of the most controversial revenue-raising ideas they’ve pursued this session. The proposal, embedded in House Bill 2049, seeks to allow an increase in the growth factor from the current 1% cap to the combined rate of population growth plus inflation within a taxing district, not to exceed 3%. This would apply to the state’s common schools levy and for cities and...
USA Property

Here’s what you need to know about property taxes and inflation rates

Ty Tagami  |  Capitol Beat News ServiceHow do billionaires avoid paying taxes? Here's what we know now.The super wealthy can afford to avoid paying taxes, but how? Here's what we know now.Georgia voters approved a constitutional amendment to curb property tax increases by tying them to inflation.Most cities and counties adopted the amendment, but the majority of school districts, which receive the largest share of property taxes, opted out.A new law gives local governments until the end of April to reconsider, but school districts face challenges due to rising education...
USA Property

Nashville’s property values see a startling, record-high 45% jump

How can Nashville area balance low taxes, growth and quality services?The 14-county region in the Nashville area grew by more than 3,000 people a month from 2010 to 2020. This growth brings opportunities and challenges.WochitThe average is the result of the latest four-year reappraisal cycle.This is the second time since 2017 that Nashville has set a record-high increase in property values.From here, Nashvillians will wait for the state to establish the certified tax rate and for the Metro Nashville Council to set the local property tax rate to determine their...
USA Property

US homes are selling at their slowest pace in 6 years

A chill has fallen over the US housing market. The typical American home is selling at its slowest pace in six years, according to a new Redfin report. Competition between buyers declined as the supply of homes hit a five-year high. The fresh data, first reported by Mansion Global, reveals that the post-2020 heyday of multiple offers, bidding wars and hair-trigger buyers is well and truly over. Homes haven’t spent this long on the market since 2019. moodboard – stock.adobe.com Inventory has been piling up this year amid uncertainty and...
USA Property

Blocksquare and Vera Capital Are Set to Tokenize $1 Billion in United States Real Estate

Miami, Florida, April 18th, 2025, ChainwireBlocksquare, a leading infrastructure provider for real estate tokenization, and Vera Capital announced a $1 billion deal to tokenize USA real estate. This collaboration will bring a substantial portfolio of commercial and multifamily real estate assets across the United States on-chain, leveraging Blocksquare’s regulatory-compliant and scalable tokenization infrastructure.Vera Capital will launch its own dedicated digital marketplace powered by Blocksquare’s white-label technology, offering global investors direct access to institutional-grade USA properties via tokenized ownership. The first asset to be tokenized was a $5.4 million commercial property...
USA Property

What They Mean for Property Buyers and Sellers in Singapore

On 9 April 2025, the United States announced a 10% blanket tariff on imports from countries — including Singapore — that haven’t retaliated against earlier US trade actions. There's also a 90-day pause on further tariff escalation, set to end on 8 July 2025.The introduction of these new tariffs and its impact on trade and the global economy could influence investor confidence, household sentiment, and ultimately, the property market here in Singapore. We've broken down how this could happen through 3 potential scenarios: if tariffs hold steady, escalate, or shift toward specific...
USA Property

Tallahassee officials watching Florida bills targeting revenue sources

City Hall is keeping a close watch on its neighbors across the street as several bills this legislative session threaten to deplete Tallahassee's breadwinning source of revenue.Commissioners and staff are scheduled to meet for a budget hearing this week, and on the docket to discuss are five bills that could limit "the local government's ability to generate revenue to fund critical services."With Gov. Ron DeSantis focused on eliminating property taxes in the state of Florida, the City of Tallahassee could be facing a budget overhaul in the years to come,...
USA Property

Texas plans to spend $51 billion on property tax cuts

Joshua Fechter and Jasper Scherer, The Texas Tribune  |  Wichita Falls Times Record NewsProperty tax cuts aren’t free. In fact, they’re costing Texas a fortune.The Texas House is considering a budget that would shell out $51 billion — 15% of the state's total two-year spending plan — to maintain and provide new property tax cuts. That number, more than the state allocates to transportation or higher education, is making even some Republicans nervous about the state’s ability to afford the tax relief if there’s an economic downturn.If it were its...
USA Property

Zillow takes a stand as real estate listings become more private

Some industry participants call this the policy that the National Association of Realtors should have put out.Protect yourself from these common real estate scamsReal estate scams are on the rise. Here’s how to protect your home and your wallet from the most common cons.A battle over how homeowners list their properties for sale is shaking up the housing industry, with big implications for sellers and buyers.On April 10, the massive real estate company Zillow announced it would not accept any listings that have been previously offered for sale in a...
USA Property

Video shows woman charged with assault holding teens at gunpoint

Donna Marie Elkins, 59, was charged with assault and imprisonment after drawing a weapon on teens she said were fishing on her Florida property. The incident raised questions about property rights.Melbourne woman charged with holding teens at gunpointBrevard County Sheriff's deputies say Donna Marie Elkins, 59, drew a weapon on two teens she believed were fishing on her property.It was a sight that left Mike Jones sick to his stomach.There, live on his phone, was his son lying in the grass as a woman clutching a long pellet gun screamed,...
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