Skip to main content

Posts

Showing posts from 2023

Uvalde property taxes are based on the market value

  Uvalde Property Taxes Uvalde property taxes are based on the market value of the property as of January 1 of each year. The above graph documents what annual property taxes would be based on the average/median Uvalde home price for December 2020 to October 2022. UVALDE PROPERTY TAX / HOME PRICE TAKEAWAYS Uvalde property taxes for the average-priced home were on a trajectory for huge increases from December 2020 through May 2022. The trendline for Uvalde property taxes peaked in May 2022 and has been on a downtrend since. Uvalde's 2023 property taxes for houses are likely to be similar to the 2022 tax year based on current trends in Uvalde home sales. The average/median home price estimated for January 2023 will be similar to the price in January 2022. UVALDE HOME PRICE TAKEAWAYS Uvalde home prices were rocketing upward at 4% per month during 2021 and the first 6 months of 2022. Uvalde home prices peaked in May 2022 and have been declining at 2% per month through November. Uvalde ...

Houston Property Taxes

  Houston property taxes are based on the market value of property as of January 1 of each year.  The above graph documents what annual property taxes would be based on the average / median Houston home price for December 2020 to October 2022. HOUSTON PROPERTY TAX / HOME PRICE TAKEAWAYS Houston property taxes for average priced home were on a trajectory for huge increases from December 2020 through June 2022. The trendline for Houston property taxes peaked in June 2022 and have been on a downtrend since. Houston 2023 property taxes for houses are likely to be similar to 2022 tax year based on current trends in Houston home sales. The average / median home price estimated for January 2023 will be similar to the price in January 2022. HOUSTON HOME PRICE TAKEAWAYS Houston home prices were rocketing upward at 2% per month during 2021 and the first 5 months of 2022. Houston home prices peaked in May 2022 and have been declining at 2% per month through October. Houston home prices a...