Many homeowners have witnessed considerable increases in property value over the past few years. According to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, home prices increased by 18.9% in 2021.
Along with the meteoric increases in home prices, property tax bills have shot through the roof, with an average increase of 18%, according to a report from home service provider research company House Method.
But according to the National Taxpayers Union Foundation, just 5% of assessed taxpayers ever initiate an appeal.
What Is a Property Tax Assessment?
- by: Josephine Nesbit
- 09-19-2022
- Source:
US News
- 09/20/2022
Home by Tierra Mallorca is licensed under Unsplash unsplash.com
Home by Tierra Mallorca is licensed under Unsplash unsplash.com
Help FAIRtax Become The Number One Issue in 2024
Enacting the FAIRtax must be a prominent topic in these times. We did it before, we can do it again, but we need your help!