Redfin reports demand slips, pushing more sellers to drop asking prices

Early indicators of homebuyer activity falter further as mortgage rates shoot up. by Tim Ellis for Redfin Early-stage homebuying demand continues to falter this spring as new listings fell 7% from a year earlier, according to a new¬†report¬†from Redfin (redfin.com), the technology-powered real estate brokerage. At the same time, the average 30-year fixed mortgage rate … Continue reading Redfin reports demand slips, pushing more sellers to drop asking prices

Property taxes on single-family homes rise across U.S. in 2021, to $328 billion

Average property tax also up 2 percent, to $3,785 as effective rate declines slightly; Highest effective tax rates in Illinois, New Jersey, Connecticut, Vermont, Pennsylvania ATTOM, a leading curator of real estate data nationwide for land and property data, today released its 2021 property tax analysis for almost 87 million U.S. single family homes, which shows that $328 … Continue reading Property taxes on single-family homes rise across U.S. in 2021, to $328 billion