Today it was predicted, that nationwide home prices are expected to dip in 2013 and 2014, however in some markets prices are expected to increase due to the shrinking supply of homes. But what about the assessed value of homes and property taxes? With the last chance to appeal the assessed value of your home quickly approaching, we wanted to share our infographic that compares state-by-state property taxes, which is one of the largest home related expenses we pay and is hands down a significant revenue source for state and local governments.
How does your state’s property tax fare? Well, at least property taxes are tax deductible.