Cities, counties, and school districts levy property taxes on properties within their jurisdictions, which are then used to fund services. These levies are combined to compute a region’s property taxes and the total tax rate, known as a mill rate.
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It is a written agreement between two parties to buy real estate, which is called a real estate contract. Contracts pertaining to real estate are usually bilateral. A bilateral contract is a mutual arrangement between two parties.
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According to the National Association of Home Builders, more single-family houses are being built in the United States for rent, which analysts attribute partly to the housing affordability dilemma.
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According to Citi, data centers are the one location that real estate companies are now focusing on.
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Consumers appeared underwhelmed by the latest decline in mortgage rates. Total mortgage application volume increased by only 0.9% from the previous week, as per the Mortgage Bankers Association.
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According to ATTOM’s first-quarter 2024 U.S. Home Flipping Report, 67,817 single-family homes and condominiums in the U.S. were flipped. Those transactions accounted for 8.7 percent.
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According to recent research conducted by the National Low Income Housing Coalition, 44% of American renters spend more than 30% of their income on rent. This represents a noteworthy rise from 37% in 2019. The number of tenants finding it difficult to pay their rent is on the rise for a variety of reasons. The […]
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CBRE reports that in the third quarter of 2023, the national retail vacancy rate was 5.9%. Compared to the 6.1% vacancy rate in the second quarter of 2023, this is a modest decrease. Retail vacancy rates marginally decrease: A harbinger of healing? In the past two years, the retail vacancy rates have not decreased before. […]
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The National Association of Realtors reports that the quantity of pending home sales decreased by 2.0% in September. Pending home sales have decreased for the eighth straight month. The drop in pending sales of real estate indicates a dip in demand for home purchases. This is caused by several things, one of which is the […]
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