homeowners
The full Florida legislature is about to vote on PASSING Gov. Ron DeSantis’ abolishment of property taxes for most primary homeowners
🚨 JUST IN: The full Florida legislature is about to vote on PASSING Gov. Ron DeSantis' abolishment of property taxes for most primary homeowners The homestead exemption is SWIFTLY raised to $250,000 and scheduled for full termination 🔥 DeSantis says …
Massive delayed maintenance nightmare incoming — Homeowners skipped roof, HVAC, and foundation repairs for years, now six figure repair bills are hitting.
via mattjouff I will preface this by saying: I have absolutely no data on this, I am simply going on logic on anecdotes, but I am interested to see if anyone else has stories or experiences that corroborate this. Here …
Housing freezing like 2008–2009, homeowners concentrated ~90% of net worth in housing with ~30:1 leverage, while prices remain constrained by wage growth, not credit expansion
Housing markets don't all of a sudden crash.First they freeze. No one buying, more and more sellers slowly piling up.Why does this take place? Because home owners are broke morons with 90% of their net worth in something they didn't …
Florida House votes 80 to 30 to abolish all non school property taxes for homeowners, measure heads toward 2026 ballot if Senate signs off
🚨 BREAKING: The Florida State House just voted for a constitutional amendment ABOLISHING all non-school property taxes for Florida homeowners It would be placed on the ballot for Florida voters in 2026 if approved by the Senate. Vote: 80-30 pic.twitter.com/BbtX71Kzfs …
False Claim: New York now forces homeowners to offer their homes to the government or NGOs before selling.
The claim that “New York now forces homeowners to offer their property to the government or NGOs before selling” isn’t true. The new rule only applies to certain distressed rental buildings in New York City, not regular private homes. Owners …
Life in This Economy is Hard – People are Struggling to Survive in this Economy; Homeowners Are Going Broke
You WILL OWN NOTHING, and BE HAPPY. https://www.youtube.com/watch?v=tf20qYPoXtE
MILLIONS of Homeowners ARE LOSING MONEY NOW…
Mortgage rate buy downs were the preferred method of home builders to offer incentives and discounts on properties over the past few years to get them sold without actually lowering the price. However, fast-forward to today, not only are home …
Lawmaker proposes ban on HOAs as scandal grows: ‘Failed experiment’ (HOA fees are taking on huge costs for homeowners)
A Florida lawmaker is pushing to eliminate homeowners associations in the state after calling them a ‘failed experiment’. HOAs have been stirring up controversy in Florida, where residents are becoming frustrated with steep fees, strict rules and rigorous enforcement. As …
Is Homeowners Insurance Understated in the CPI? Shop Around!
Authored by Mike Shedlock via mishtalk, Our Insurance went up by $2,000. Then another $2,000. Here’s our story. Fire and Flood Insurance Is Missing, Not Just Understated Is home fire insurance a part of the CPI? This index includes contents …
California’s $100 HOA fine cap blindsides homeowners. Lawmakers gut enforcement. Loopholes spark backlash and legal fights while HOAs turn small fines into big headaches.
California just pulled the rug out from under HOAs. What used to be $500 fines a day for something like the wrong door now tops out at $100. Late fees and interest? Dead. Homeowners got a power shot with new …
Mortgage rates drop but housing market crash creeps in quietly, desperate homeowners tap equity for survival
Mortgage rates are falling. Home price growth is slowing. But the market is not recovering. It is unraveling. “The median U.S. asking price rose just 2.3% year over year… one of the smallest increases in two years.” https://www.redfin.com/news/housing-market-update-mortgage-rates-fall-price-growth-slow/ “Zillow anticipates …
Trump pushes to kill capital gains tax on home sales, homeowners stand to cash in big from proposal, renters and taxpayers left holding the bag
Trump made a bold tax pitch during a meeting with the Philippine president. He proposed no federal tax on profits from selling a primary residence. The idea mirrors a bill introduced by Rep. Marjorie Taylor Greene called the No Tax …
Homeowners forced to pay thousands a year just to stay in houses they already paid off
It doesn’t matter if your mortgage is gone. You’re still not free. If you own a home, you’re still on the hook for a bill that never stops growing. You may think you’ve paid off your house, but the government …
Florida city targets homeowners with excessive fines, forcing property forfeitures
Lauderdale Lakes residents are facing an alarming financial burden, with homeowners slapped with staggering liens over minor code violations. Reports indicate that the city has dramatically increased fines, leading to six-figure debts for property owners. This is not just about …
Many can’t afford their mortgage but deny it, trapped by $3,000 payments, a ticking time bomb.
If your mortgage payment is over $3,000 a month, odds are you can’t actually afford the house. Yeah, you can fake it for a few years: stretch the budget, shift some expenses, maybe dip into savings when things get tight. …
Homeowners neglecting mortgage payments
A rising number of homeowners, particularly first-time home buyers and military members and veterans, are missing their monthly mortgage payments and the number of people who are 90 days delinquent is climbing fast. The housing market is seeing a big …
“Locked-in” Homeowners Nevertheless Pay Off Below-4% Mortgages: their Share of All Mortgages Outstanding Drops to 55%, Lowest since Q1 2021
The share of mortgages outstanding with rates below 3% – as close to free money as regular folks could get – has been declining slowly but steadily to 21.3% of all mortgages outstanding at the end of Q3 2024, from …
36% of homeowners feel trapped; rising to 50% for under-50 buyers. No sign of a soft landing in the real estate data. Its getting feel like 2007
These buyers made a huge financial mistake and eventually they face a choice: Either suck it up and keep paying the mortgage for 30 years, get foreclosed on, or just decide to walk away from the house. People bought houses …
Homeowners all deciding to sell at the same time
Homeowners all deciding to sell at the same time pic.twitter.com/56afqLYSfE — Darth Powell (@VladTheInflator) September 23, 2024 Blackstone taking a $75,000 loss on a house they bought in 2022. Original purchase: $490kCurrent List Price: $415k 15% haircut in two years. …
Riverside deputy pushes through door, claims he “owns” homeowner’s house during noise complaint.
Original call that had cops show up was a noise complaint from a neighbor. Listen to this POS cop tell the woman as he is standing in her house, that he is not in her house, and he goes on …
Homeowners across Maine left shocked at sudden property tax spike
Municipalities break down the changes as several towns adjust outdated property tax rates and rising town budgets.
Rick Scott introduces bill to give homeowners tax deduction on insurance premiums
TAMPA, Fla. (WFLA) — Sen. Rick Scott (R-Fla.) introduced a bill Wednesday that would provide homeowners a tax deduction on home insurance premiums. Scott said the Homeowners Premium Tax Reduction Act would provide a tax deduction of up to $10,000 …
Allstate seeks 34% rate hike for California homeowners; State Farm threatens to exit without price increases.
Allstate is seeking an increase in its California homeowners insurance premiums by an average of 34%. According to the California Department of Insurance, the Allstate homeowners filing was received by the Department on April 14, 2023. The initial rate request …