Increasing real estate property taxes
Well, if you’re a conspiracy theorist, you might recall the globalist statement that in the very near future you will own nothing and be happy. It may just be that this statement is being slowly pushed forward with our ever-increasing taxes and cost of living. The latest surprise for the middle class is that their real estate property taxes over the last two years have been increasing, and in some cases increasing dramatically.
Between 2022 and 2023 property taxes jumped up as much as 31% in some parts of the country! According to an analysis of 89 million single family homes, property taxes increased by 4.1% on average over this time frame. Yes, if you’ve been believing the government’s inflation statistics of single digits, you’re going to be in for a reality check when you get your next property tax bill. But, just hope that you don’t live in Charlotte North Carolina, where property taxes have gone up 31 and a half percent! In Denver Colorado, property taxes were up nearly 16 percent last year!
Increasing real estate property taxes
So, even though over the last 2 years home prices Nationwide have been softening. the effects of inflation on government salaries, operating expenses and cost of goods have been spiking upward.
Also, It is important to keep in mind that these numbers above represent state averages. Local U.S. jurisdictions, counties and municipalities determine and govern property taxes, so where exactly you buy a home will determine your actual rate and yearly costs.
Because so many people overpaid for homes even while loan rates were low, I believe there will be we may be on the brink of a housing foreclosure tsunami, because many newer homeowners are already deep in debt. If housing costs continue to increase, they may no longer be able to afford to live in their home. They have may end up with no equity. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses. Sure most people are aware of the everyday higher Living cost like gasoline, electric rates, food, and clothing, but look what’s happened to the cost for car insurance as well as homeowners insurance.
It should be quite evident that middle class homeowners are being squeezed like never before.
Many people are not aware of this dire situation, because the mass media is reluctant to report on it, because it reflects badly on the current administration.
I’d say, if you don’t want to see the middle class in this country wiped out, be sure to vote in November, and before you do, ask yourself this simple question: Are you better off now, than you were 4 years ago? I really think the only people who can answer this question in the affirmative are illegal aliens!
Increasing real estate property taxes
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Brokerforyou.com is for SALE
Just like most major businesses, the easiest way, and the fastest way to expand your business and influence in your particular market is through strategic acquisition. Just look at Google, they are the number one search engine in the world! Google bought Youtube in November 2006 for US$1.65 billion! YouTube now operates as one of Google’s subsidiaries.
www.brokerforyou.com is for sale and is offered with a very popular San Diego residential real estate channel with 1.16K subscribers and 114 videos!!
What’s the approximately monthly cost to host a website? With shared hosting, you’re hosting fee can break down to about 10 to $15 per month. To keep your url registered (that’s your site address), this is usually paid on a five to 10-year basis, which averages out to about just a dollar per month! Naturally, if you add direct hook-up to a MLS database, that provides lead capturing, this costs can vary greatly from provider-to-provider.
- Also available, much smaller aged websites (not just urls) for Real Estate agents and brokers in California. Yes, since I’m retired from Real Estate now I have a number of websites that are available that you can use for readings to your main site. The following real estate area sites are available but subject to prior sale, without notice: San Diego, downtown San Diego, Del Mar, Encinitas, Orange County, and Los Angeles. If you’d like to purchase any of these sites with all the content included, you can get them at a Bargain Basement price. Please contact me if you’d like further details.
- Interested, call Bob Schwartz (619) 286-5604 for additional information
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DISCLAIMER:
- Some of the links in this description and in our videos may be affiliate links, and pay a small commission if you use them, but never increase the basic cost. I really appreciate the support. The content in my Youtube videos SHALL NOT be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. I am a not financial adviser. I only express my opinions based on my experiences. Your experience may be quite different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on any investments. My produced videos are for entertainment purposes ONLY. DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer, financial advisor, or the appropriate professional for the subject you would like help with.
- Although no longer a licensed California real estate broker Bob’s 30 plus years of experience in the real estate industry with all the contacts that he has developed, he is able to provide referrals to the top real estate Professionals in any state within the United States. So, although you can’t get Bob to represent you personally, Bob can select a top real estate professional with years and years of experience to ensure that you get the best possible representation.
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