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Homeowners are facing the biggest property-tax hikes in 4 years — here’s where they pay the most MarketWatch 4 hrs ago © Getty Images/iStockphoto State and local governments have faced a cash crunch as a result of the COVID-19 pandemic. And they’re passing the pain on to homeowners in the form of higher property taxes, according to a new report. A new analysis from real-estate data company Attom Data Solutions found that Americans who owned single-family homes paid $323 billion in property taxes in 2020, up more than 5% from 2019. The average property tax nationwide was $3,719 for a...

The government-sponsored enterprises’ moratoria will now continue well past inauguration day, according to the Federal Housing Finance Agency.

A total of 57,155 U.S. single-family homes and condos were flipped during the third quarter, which represented one in 20 transactions or 5.1 percent of all home sales. That number was down from 6.7 percent of all home sales during the second quarter and 5.5 percent of all home sales during the third quarter. Despite the seeming decline in popularity of house flipping, the gross profit on the typical home flip rose to its highest amount since 2000. During the third quarter, the typical gross profit reached $73,766, up from $69,000 during the second quarter and $61,800 during the third quarter ...