A plan to exempt homeowners over 60 from property taxes could result in billions in costs for local governments.
Kumar’s Property Tax Proposal Faces Challenges When Rishi Kumar, a former Saratoga City Councilman, ran for the position of Santa Clara County Assessor last year, he pledged to exempt homeowners aged 60 and older from property taxes. After a substantial loss in the runoff election to Neysa Frigor, he shifted his focus to a statewide […]
Discover which counties and states have the highest property taxes for U.S. homeowners.
Property Tax Discussions Intensify Amid Budget Constraints Property taxes have long been a contentious topic across the U.S., as political leaders try to strike a balance between necessary funding and the risk of upsetting homeowners and businesses. Recently, New York City Mayor Zoran Mamdani stirred controversy with a proposal that would significantly raise property taxes […]
8 tax breaks for homeowners under the OBBB
You don’t purchase a home primarily for the tax benefits. Those deductions can be nice perks, especially when you factor in the various costs that come with owning a home. Here are eight tax relief tips that every homeowner should keep in mind. These have been updated for the 2026 tax year following changes in […]
STEVE FORBES: Avoid using homeowners to balance New York City’s budget
New York City’s Budget Dilemma New York City finds itself at a critical junction, both politically and financially. Mayor Zoran Mamdani has unveiled a preliminary budget of $127 billion for fiscal year 2027, but he warns of a looming $5.4 billion shortfall. He suggests that without new revenue options from the state government, the city […]
Zillow images may create significant security concerns for homeowners.
The case involving Nancy Guthrie has attracted significant national interest. Personally, when the kidnapping charges surfaced, I found myself wondering about how easy it is to locate someone’s home address or cell phone number using a people search site. Turns out, it takes about 30 seconds. After that, I decided to check out her home […]
Homeowners in the US reach a record for remaining in their homes as the ‘lock-in’ effect drives up prices.
Homeownership Trends in the U.S. American homeowners are now staying in their residences for the longest time in at least 25 years. This ongoing trend is leading to a “lock-in” effect that is limiting the housing supply and driving prices higher. As of late 2025, data indicates sellers had owned their homes for an average […]
Baltimore to implement changes to property taxes that may reduce costs for homeowners
Baltimore Mayor’s Upcoming Tax Plan Announcement Baltimore’s Mayor, Brandon Scott, is set to present a plan on Monday aimed at lowering property taxes for certain city residents. This will involve modifications to existing tax credit programs. Scott will detail this strategy during a morning press conference, which includes several key components designed to alleviate the […]
How Climate Concerns May Be Increasing Homeowners’ Insurance Costs
Some experts are suggesting that the expanding climate-industrial complex is pushing up insurance premiums, which is, in turn, affecting consumers’ finances significantly. Recent studies indicate that homeowners insurance has surged notably in price over recent years. Prominent politicians, such as Rhode Island Senator Sheldon Whitehouse and House Minority Leader Hakeem Jeffries, have pointed to climate […]
These states are thinking about removing property taxes for homeowners.
State Efforts to Repeal Property Taxes Florida Governor Ron DeSantis recently appeared on a program discussing topics including property tax repeal, state AI legislation, and the upcoming midterm elections. Taxpayers across America might soon see relief: at least five states are examining the potential for completely eliminating property taxes. This move could force state and […]
Property tax surprise: Colorado homeowners may face increases of up to 40%
Tax Hikes Leave Colorado Homeowners Shocked Mike Fitts, a 76-year-old resident of Centennial, has owned his home since 2001. Two years ago, he paid $3,876.98 in property taxes to Arapahoe County. Recently, he discovered that his tax bill for 2026 had surged to $5,435.47, even after applying a $750 discount from the Senior Homestead Exemption. […]