Cranbury Forum | Bulletin | Info Sharing
[Click here to bookmark this page: http://cranbury.info]
▪
Cranbury School
▪
Cranbury Township
▪
Cranbury Library
▪
Cranbury.org
▪
Cranburyhistory.org
(Press Ctrl and = keys to increase font size)
Search
Register (optional)
Log in to check your private messages
Log in
[http://cranbury.info]
->
Financial | Stocks | Mutual Funds
Post a reply
Username
Subject
Message body
Emoticons
Font colour:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
White
Black
Font size:
Tiny
Small
Normal
Large
Huge
Close Tags
Options
HTML is
ON
BBCode
is
ON
Smilies are
ON
Disable HTML in this post
Disable BBCode in this post
Disable Smilies in this post
All times are GMT - 4 Hours
Jump to:
Select a forum
Topics
----------------
News | Events
School | Parenting
Blogs by Cranbury Residents
Shopping | Good Deals | Price Talk
Home Sweet Home
House For Sale
Home Sales Pricing Records
Financial | Stocks | Mutual Funds
Cool Bytes & Bits
Garage Sale | ForSale Ads | Things to Trade
Tech Related (PC, Internet, HDTV, etc.)
Interesing and Fun Stuff to Share
What's Your Favorite?
Interests | Hobbies
Cranbury History
Radom Thoughts | Sports | Kitchen Sink
Amazon Deals
Local Business Info
----------------
Local Business Ads (FREE)
Support
----------------
Daily Sponsored Message & Amazon Ads
About Us | Your Privacy | Suggestion | Sponsored
Test Area (Practice your posting skills here)
Topic review
<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>Kiplinger's</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sat, Aug 4 2007, 11:02 pm EDT<span class="gen"> </span> Post subject: The Squeeze on Homeowners</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">The Squeeze on Homeowners <br /> <br />Feel backed into a corner by property taxes that are rising even as home prices fall? If you think your assessment is unfair, appeal it. <br /> <br />By Anne Kates Smith <br />From Kiplinger's Personal Finance magazine, August 2007 <br /> <br /> <br />According to legend, tax assessors in ancient Egypt were valued so highly for their skill with hieroglyphics and their ability to collect revenues that when a Pharaoh died, they were the only servants not killed and buried along with him. Today, sentiment has shifted, to say the least. Rarely have people been so up in arms about rising property taxes, which continue to climb dramatically even as home prices fall. <br /> <br />The most recent data show that from 2000 to 2005, property-tax revenues rose 35%, second only to cigarette taxes. The fuel, of course, has been rising home prices, which soared nearly 50% over the same period. During much of the economic boom of the 1990s, property taxes were relatively constrained, and the growth in personal income outstripped the increase in our property-tax IOUs. But since 2002, it's been the other way around. Adding insult to injury, home prices have started to slip. The National Association of Realtors expects existing home prices to fall 1.3% this year and predicts new-home markdowns of 2.3%. <br /> <br />Unfortunately for many homeowners, the squeeze is only going to tighten. Many states limit the amount that property taxes can increase in any one year. For instance, California caps increases in property-value assessments at two percentage points a year, but property values there have been rising at double-digit rates for most of the decade. "It may be you're behind and have to play catch-up," says Gerald Prante, an economist with the Tax Foundation, a research group. <br />... <br /><a href="http://www.kiplinger.com/magazine/archives/2007/08/assessment.html" target="_blank">http://www.kiplinger.com/magazine/archives/2007/08/assessment.html</a></span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
Search
Register (optional)
Log in to check your private messages
Log in
Search
Register (optional)
Log in to check your private messages
Log in