Almost All US Metropolitan Areas Saw Property Taxes Skyrocket. However, There Is A Wide Variation By Location Homeowners in major metropolitan area have seen property taxes skyrocket by an average of 10.4% between 2021 and 2023. This is adding pressure to homeowners already grappling with high interest rates and housing costs. Lending Tree examined the […]
Property Taxes Skyrocket Across US Cities Read Post »
Wells Fargo Economists Warns Homeowners To Be Prepared. Pending Housing Recession Could Be Worse Than The 1980s! Wells Fargo economists have issued a warning. They are warning that the pending housing recession could be worse than the Reagan Recession of the early 1980s. Why? Well, for starters, they say the Federal Reserve’s aggressive rate hiking
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Negative Equity Alert As US Homeowners Lose $108.4 BILLION In Equity This Year Alone. 200,000 Homeowners At Risk Of Going ‘Underwater’ MFI-Miami has issued a Negative Equity Alert! Why? Homeowners are sitting on a negative equity timebomb. US home values have dropped a whopping $108.4 billion in 2023 alone. The average borrower saw their home
Negative Equity Alert! Homeowners Have Lost $108.4 Billion Read Post »
American Homeowners Lost $1.3 Trillion Of Equity In Their Homes In The 3rd Quarter Of 2022 American Homeowners saw their home values peak in the second quarter of this year. Unfortunately, it was short lived. American homeowners lost nearly $1.3 Trillion in equity from July through September. The value contraction is a record according to
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Local Property Tax Increases Are Causing Mortgage And Tax Foreclosures To Skyrocket Homeownership platform Knock has found that the nation’s double-digit home value appreciation is a double edge sword. It has pushed homeowner’s equity to record highs. However, homeowners are now seeing local property tax increases. The recent rapid appreciation of home values has boosted
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