A recent article by CNBC.com provides an excellent overview of the details that report a historic increase in existing home sales in June over May. The key points they present include respected sources like the National Association of Realtors:
What makes a residential property interesting to you may be quite different than what makes a property interesting to your friends, family, neighbor or co-worker. We aren’t talking about your typical home, we’re talking about uniquely interesting homes. Maybe who owns it or owned it makes it interesting, like the homes of the rich and famous. Maybe the original architect is notorious. Or maybe there is some other surprise that makes a home unique.
The Joy of Home Ownership is certainly one of life’s great highlights, but the joy becomes mixed with questions and concerns when the property tax bill arrives in the mailbox. Homeowner’s understand property taxes provide needed funding for schools, libraries, police & fire departments, road improvements & other infrastructure.
However, what many homeowners do not understand are the factors that may cause their property taxes to increase. If your property tax bill reflects an increase over last year, here are the most common reasons that may be the cause: