Saturday, July 7, 2012

NAHB: Property Taxes Remain Constant While Housing Values Decline

Despite claims from local governments to the contrary, an NAHB study has found that even while housing prices have fallen, and continue to fall in some areas, property tax revenue to governments has remained constant.  As a result, property taxes have become an increasing burden on homeowners who have hung onto their homes over the last several years.

Read the entire report at Eye on Housing by clicking here.

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