are real estate taxes too high: ARE HIGH REAL ESTATE TAXES IN YOUR MARKET AREA AFFECTING PRICES? - 12/08/12 02:17 AM
How high is too high? If real estate taxes in your market were 2-3% of market value, would that keep a lid on real estate prices, sales, or market demand?
Are real estate prices in your market area being affected by high real estate taxes?
We know the affordability of owning a home today is the best it's ever been with low interest rates and lower prices. But, how much of the improved affordabillity has been offset by higher real estate taxes?
If this is not an issue now in your market area, it will likely be soon!
(4 comments)

 
Jim Holder, REALTOR EMERITUS, ABR,ePRO,CNC,SFR, (HomeSmart Connect)

Jim Holder

REALTOR EMERITUS, ABR,ePRO,CNC,SFR,

Arlington Heights, IL

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HomeSmart Connect

Address: 3030 Salt Creek Lane, Suite #145, Arlington Heights, IL, 60005

Office: (847) 495-5000

Mobile: (847) 217-4426

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