General World News

Property taxes have been rising. Here’s what it means for housing

In many communities, homeowners and homebuyers have been hit with eye-popping property tax increases. It is costing more for schools and governments to pay for services. And homes in many communities have shot up in value in recent years, leading to tax increases through reassessments. 

But opinions differ on how much impact higher taxes are having on local housing and mortgage markets.

“I don’t think property taxes are killing deals,” said Tay Toliver, director of community advancement for Thrive Mortgage in Georgetown, Texas. 

This northern suburb of Austin in Williamson County is typical of many details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com