Property taxes saw a significant increase in the year 2023, with rates rising at nearly double the pace of the previous year. This data was revealed in a recent analysis conducted by data provider Attom, shedding light on the impact of rising property taxes on homeowners.
Key points from the analysis by Attom include:
– Property taxes rose at a rapid rate in 2023
– The increase was almost twice as fast as the prior year
– Homeowners are facing the financial burden of higher property taxes
– The data from Attom highlights the growing concern over rising property tax rates and their impact on the housing market.
Overall, the findings from Attom’s analysis emphasize the need for homeowners to stay informed about changes in property tax rates and plan accordingly for potential financial adjustments.
You can read this full article at: https://www.housingwire.com/articles/u-s-property-taxes-increased-twice-as-fast-in-2023-compared-to-prior-year/(subscription required)
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