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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

Does New Jersey still have the nation’s highest property tax rates?

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 - SeattleIllinois has the second-highest property tax rate in the country with Connecticut coming in third place.Property 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...
Upcoming Investments

PropNex Unveils a Bold New Brand Identity and Appoints Key Strategic Leaders; Launches New Property Investment Book

SINGAPORE, March 10, 2025 /PRNewswire/ -- Singapore's largest real estate agency, PropNex Limited, has unveiled a refreshed brand logo after 25 years, signaling a new phase of growth and strategic direction. This marks its first major rebrand since its founding in 2000. PropNex celebrates its 25th Anniversary this year, on 15 July 2025. The news was announced at the annual PropNex Sales Summit, where more than 4,000 salespersons and guests were in attendance. The rebranding, which extends across Singapore and regional markets, reflects the agency's evolving identity and commitment to...
USA Property

Florida ‘Fallen Tree Act’ puts liability on tree owner for damages

Aerial video shows tornado damage amid Hurricane Milton aftermathMultiple tornadoes ripped through Florida ahead of Hurricane Milton, causing significant damage to buildings, trees and power lines.Florida lawmakers are considering a bill that would make property owners liable for damage caused by trees on their property, even if the tree falls on a neighbor's property.The proposed Fallen Tree Act would shift responsibility for tree maintenance and damage from the property owner where the tree falls to the property owner where the tree is rooted.The bill would also allow property owners to...
UK Property

The UK seaside town so cheap you can buy a house right now for £10k | UK | News

A once-booming village in the north of England that fell into decline following the closure of its local mine in the late 80s has houses nearby on sale at auction for as little as £10,000.Horden, in Durham, had been a mining community prior to the closure of Horden Colliery in 1987 and the collapse of the industry.By the 1930s, Horden Colliery had been known as the "jewel in the crown" of the region and was Britain's largest-producing coal mine in Britain.Since the closure the area has struggled economically and suffered...
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

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

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,...
Upcoming Investments

Empty tech campus in Santa Clara lands buyer for huge price discount

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...
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