Tax

Unimproved parcels such as empty lots, parking spaces and even driveway lots that are not given a property address are often missed in tax line setups, particularly if the tax service is using technology that speeds up the process, writes the senior vice president of LERETA.

The credit could cover the minimum down payment for the average Federal Housing Administration-insured mortgage in most large metropolitan areas.

About 140 tracts grew in size by at least 5%, according to census data analyzed by Bloomberg News. Thirty-six expanded by 20% or more.

Median home prices rose annually in 74% of Opportunity Zones across the country in the third quarter, with 53% growing by 10% or more, according to Attom Data Solutions.

Plans for a first-time homebuyer tax credit and expanded affordable housing opportunities may be attractive to lenders, but they’re wary of increased regulation.

U.K. house prices rose by the most in four years in August as buyers rushed to take advantage of a tax cut that is helping to bolster a post-lockdown spurt in property transactions.

Florida’s favorable tax laws have long been a draw for high-net-worth individuals, but the pandemic’s disruptions — to work, school, public safety and northern states’ budgets — have increased the allure, pushing many of the wealthiest to finally make good on aspirations to relocate.

By providing flexibility for property tax payments localities can help keep local businesses going and maintain their tax base for the future.

From what it takes to accommodate remote notarization to figuring out how to process an influx of forbearance requests through limited communication channels, here are five takeaways from coronavirus-related work restrictions.

In nearly half of Opportunity Zones across the country, median home prices rose annually by more than the national average of 9.4% in the fourth quarter, according to Attom Data Solutions.

Massachusetts cities and towns would have new options for funding local affordable housing under a proposal rolled out on Jan. 8: a fee of up to 2% on real estate sales above the statewide median sales price, and a higher fee on certain "speculative" property sales.

The city of Detroit is expanding property tax exemptions for homeowners to help more residents avoid foreclosure, officials announced Wednesday.

Ramsey County, Minn. officials agreed to sell Wesely Pettiford's house back to his family, but obtaining financing to make badly needed repairs has been difficult.

A group of Massachusetts lawmakers, local elected officials and housing advocates plan to launch a new coalition next week to advocate for real estate transfer fee legislation.

The proposed changes laid out by banking regulators would clear up confusion about what qualifies for CRA credit within so-called Opportunity Zones. But not all community development advocates are convinced that the changes are for the better.

Last month, brokers anticipated local residential markets swinging, if ever so slightly, to give buyers more bargaining power.

Median home prices rose annually by more than the national average of 8.3% in nearly half of low-income areas with certain tax advantages, according to Attom Data Solutions.

Months after a citywide reassessment caused property values to shoot up across New Orleans, its likely impact on taxpayers' wallets is becoming clearer.

It's the season when estimated property tax bills for 2020 show up in the mail, and the numbers could be eye-opening for some Minnesota homeowners.

Next week's $500 million taxable revenue bond deal is backed by a 1% surcharge on annual incomes higher than $1 million.