property

Property taxes are rising faster than inflation. See what homeowners pay across the U.S.

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Property taxes across the U.S. are rising faster than inflation, with the average homeowner last year paying $4,427, up 3.7% from 2024, according to a new analysis from real estate data firm ATTOM.  By comparison, the Consumer Price Index — a basket of commonly purchased goods and services — rose 2.7% last year. Homeowners in some states have … Read more

High winds cause power outages and property destruction as wild March weather blows in

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HARRISBURG, Pa. — Hundreds of thousands of people were left without power Saturday after high winds raked eastward from the Great Lakes region, leaving trees down and substantial property damage in their wake. Nearly 600,000 customers were still affected at midday in Ohio, Pennsylvania and Michigan, according to PowerOutage.us, which tracks outages nationwide. A 66 … Read more

California is holding $15 billion in unclaimed property. Other states automatically return the money.

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California is holding roughly $15 billion in unclaimed property — one of the largest totals in the country. That’s money and valuables that legally belong to California residents, businesses and nonprofits.  A CBS News California Investigates analysis found large charities and hospitals had no idea the state was holding on to tens of thousands of … Read more

A property tax revolt spreads across states, but election-year cuts hit opposition

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ATLANTA — More and more states are examining plans to cut property taxes during what’s an election year for governors and legislators in most states. But some states’ tax-cutting zeal is hitting political resistance to slashing local government and public school funding. National experts say it’s a property tax revolt — comparing it to earlier … Read more