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16 states and the District of Columbia offer property tax exemptions for qualifying seniors. Another 17 states provide tax credits, and five have implemented property tax freezes to stabilize costs year to year: https://rltor.cm/m5yq1l
Wyoming has long been a magnet for the ultrawealthy with its ski resorts and views of snowcapped mountains—but it also offers significant tax benefits. It is one of nine states with no state income tax, making it a tax shelter. Furthermore, Wyoming’s Dynasty Trusts allow ultrawealthy families to pass down generational wealth while avoiding state income, estate, and inheritance taxes: https://rltor.cm/9vmc1d
There are 14.9 million vacant homes nationwide, according to a new LendingTree study that identifies the highest vacancy rates. The number of vacancies, or vacant homes, varies depending on the part of the country and the population. Two out of the top three leading the list of vacant-home states can be found in New England: https://rltor.cm/xt3vu4
Last year, 13% of homes bought were purchased by an investor. Despite the rise of interest rates and prices, slightly more investors bought properties last year than in 2023: https://rltor.cm/lt2gyi
So, is it a buyer’s market? Not everywhere, and not for everyone. But the signs are pointing to a more buyer-friendly market. Here's how to read the market and how to navigate it, whether you're buying, selling, or just watching and waiting: https://rltor.cm/51ccd2
In recent years, the supply of rental properties in suburbs surrounding many major metros has surged, driven by both new construction and changes in tenure—meaning that homes once occupied by owners are being rented out to tenants: https://rltor.cm/krlbar
California buyers have flocked to Montana in recent years, snapping up vacation homes and mountain retreats across Big Sky Country. Today, they collectively own more than $9.5 billion in Montana residential property—more than 5% of the state’s taxable real estate market. But their tax contributions haven’t kept pace. In the most recent tax year, Californians accounted for just 3.54% of the state’s residential property tax revenue. That imbalance is now at the heart of one of the most sweeping property tax reforms in Montana history. A new law aims to ease the burden on full-time residents by shifting more of the tax load onto second-home owners—especially those with high-value properties: https://rltor.cm/cogxr5
The passing of the law raises the possibility that, come next year, Floridians would be able to use gold or silver coins for a down payment on a home, or even conduct the entire homebuying transaction with bullion, or at least with its value. So, how much gold and silver would it take to purchase the typical single-family abode in Florida, and how would it work in practice? Full story: https://rltor.cm/73wu49
"Turns out, the building isn’t as old as they thought it was, making it not 'technically' protected by the historic board rules," says Ruelens. "But that wasn’t exposed during the court cases." After this discovery, Ruelens believed she had a case to appeal her property taxes. How her annual tax bill went from $13,000 to $8,500: https://rltor.cm/05azre
Mortgage applications have decreased for the third consecutive week, dropping 3.9% from a week earlier, according to the Mortgage Bankers Association. The slide comes as mortgage rates saw another increase to 6.89% for the week ending May 29, according to Freddie Mac. The increase was fueled by rising 10-year Treasury yields after President Donald Trump supported a proposal to list the government-backed Freddie Mac and Fannie Mae on the stock exchange. Full story: https://www.realtor.com/news/real-estate-news/mortgage-applications-apply-for-loan-june-4-2025/