ATTOM, Irvine, Calif., released an analysis of property taxes across the U.S., finding that there was a 6.9% increase in overall property taxes levied in 2023 from 2022.
Tag: Property Taxes
Homeowners Average Almost $18,000 Per Year on Non-Mortgage Expenses
The average homeowner spends $17,958 on non-mortgage expenses, a recent study found, listing categories such as maintenance, improvements, utilities, property taxes and insurance.
ATTOM: 2020 Single-Family Property Taxes Rise 5.4% to $323B
Single-family homeowners saw their property taxes rise on average by 5.4 percent in 2020, to a nationwide total of $323 billion, reported ATTOM Data Solutions, Irvine, Calif.
Jessica Longman: Education is Key–Reduce Homeowner Frustration Regarding Property Taxes
Some of the most common questions that servicers receive from customers revolve around property taxes. An important aspect to providing an excellent experience for your customers includes educating them on the critical pieces they need to know about their loan; in turn this will reduce call volume relating to property tax questions and reduce overall homeowner frustration about taxes and payments.
Fitch: Mortgage Delinquencies Won’t Affect Property Tax Payments
Fitch Ratings, New York, does not expect fiscal 2021 property tax collections to be meaningfully affected by mortgage forbearance programs or delinquencies, but potential for timing delays is “elevated.”
ATTOM: 2019 Property Taxes Rise to $306 Billion
ATTOM Data Solutions, Irvine, Calif., reported property taxes levied on more than 86 million single-family homes in 2019 totaled $306.4 billion, up 1 percent from $304.6 billion in 2018—the smallest increase in three years.