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USA Property

Heartland city emerges as top U.S. market where you can save $200K

The top housing market in the U.S. this spring season is a heartland hub where the typical home costs an impressive $200,000 less than the national median. Toledo, OH, a city of 265,000 people situated on the western tip of Lake Erie, claimed the No. 1 spot in the latest Wall Street Journal/Realtor.com® Housing Market Ranking through a winning combination of strong demand, quick market pace, and impressive price growth compared with a year ago.   Although a midsized city, Toledo—located about 60 miles from Detroit—attracted outsized attention from homebuyers during the first three months...
UK Property

The UK towns and cities with the highest property price increases outside London revealed 

The 10 UK towns and cities that have experienced the highest property price increases outside of London have been named. Analysis of median house prices showed that increases were highest in towns in Surrey Heath, Solihull and Leicester.  1 Surrey Heath  The study carried out by Online Marketing Surgery and BLG Development Finance, as reported by the Daily Express, showed that Camberley Town had the highest percentage increase outside of London with a 75.8 per cent jump.  A typical property in Camberley Town in March 2023 would have cost a homeowner £347,750...
USA Property

Top 1% of Americans have enough money to buy 99% of US homes

As the saying goes, a rich man is nothing but a poor man with money — and real estate.  More than 13% of the country’s real estate assets are owned by the wealthiest 1% of Americans — a circumstance that significantly enriched the well-heeled over the past two years of sky-high rates and housing shortages. The 1% has been so enriched, a recent Redfin analysis revealed, that their combined wealth could now feasibly purchase almost every home in the nation. The analysis further concluded that the top 0.1% alone could purchase...
USA Property

See which states has the highest property tax rates, lowest in the US

Seattle named 9th most expensive city in U.S.According to a report from Oxford Economics, it takes a household income of $200,000 to afford a new home in Seattle, including property taxes and insurance costs.Fox - SeattleProperty taxes are a thorn in the side of homeowners. While many of us wish we didn't have to pay them, we don't have a choice. Just how much you pay depends on where you live, as taxes fluctuate from state to state and from town to town.In New Jersey, property taxes are significantly higher...
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...
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