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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...

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...

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,...

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,...

SANTA CLARA — A tech campus in Santa Clara has landed a new owner in a property purchase that suggests office market values are continuing to wobble at the start of 2025.Four Corners Properties, a Los Altos-based real estate investment firm headed up by Bruce Burkard, bought the office hub on Jay Street through an all-cash deal for just under $21.2 million, a Santa Clara County Recorder’s Office grant deed shows.Street-level view of a two-building office campus at 3250 through 3270 Jay Street in Santa Clara. (Google Maps)The price was one-fourth...

Share your view by emailing htrnews@htrnews.com or breid@gannett.com.Manitowoc Herald Times ReporterHere are this week’s letters to the editor of the Herald Times Reporter. See our letters policy below for details about how to share your views.Read more in Opinion: Click here for the latest Opinion headlinesWe’re not achieving our federal objectivesWeeks into the Trump/Vance term, presidential election signs are still widely displayed.Obvious federal objectives include a strong national economy, education, consistent laws with fair enforcement, an efficient military and domestic operations, and friendships with other countries.We are not achieving these goals...

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This week, we’re in Chiswick, West London (Picture: David Sandison) Welcome back to What I Own – Metro’s property series where we speak to homeowners about getting on the ladder. This week, we’re in Chiswick, West London having a nose around Lexie Carducci’s two-bedroom flat. She bought the £442,000 home at just 24, having saved a 20% deposit. She’s made a career out of the property world too, having ‘fallen’ into the industry after she started dating an estate agent when she first moved to London at 18. Now, 15 years on, she describes...