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Property News

Property tax assessments could plunge across California, worsening fiscal crisis (San Jose Mercury News)

California's plunging property values have already clobbered homeowners, but now the trend is promising pain for struggling counties, cities and schools that rely upon property taxes. 'It's the first time since the Great Depression that we've had a negative growth in property taxes that are the heart and soul of local government services,' said the head of the California State Association of ...

Aussies prefer to invest in property (The Age)

Australians are more confident investing in property than in shares during 2009, a survey says.

Big shift in Nebraska property taxes proposed (AP via Yahoo! Finance)

A lawmaker is proposing a massive shift in how Nebraska delivers property tax relief, saying the current system benefits corporations and even out-of-state landowners.

Property beats shares as investment option, survey shows (The West Australian)

Australians are more confident investing in property than in shares during 2009, a survey says. Forty per cent of respondents said their priority in 2009 is to buy property, an online survey by mortg

Property market low until 2010 (Irish Examiner)

IRELAND?S commercial-property market won?t recover until 2010 at the earliest as the economic slump and tight credit conditions deter investors, according to a report by real estate broker CB Richard Ellis Group.

New figures: property tax caps have lighter impact (The Times of Northwest Indiana)

INDIANAPOLIS | New estimates show that Indiana's limits on property tax bills will have less of an impact on taxpayers and local governments than previously thought.

Second Man Arrested In Stolen Property Probe (KHBS - KHOG Fort Smith - Fayetteville)

Police have arrested a second man in connection with a stolen property investigation.

Livingston property values could drop (The Advocate)

Homeowners in Livingston Parish could see lower properly values by the end of the year, but that does not necessarily mean lower property taxes. As News 2's Lori Steele explains, millages could keep you paying more.

Educators say caps on St. Clair property taxes would harm schools (Belleville News-Democrat)

A state law that caps yearly county property tax increases at 5 percent could severely hurt school finances, according to educators who spoke Thursday before a special St. Clair County panel set up to examine ways of slowing property tax growth.

Pure Industrial Real Estate Trust sells Saskatoon property for $625,000 (Canadian Business)

VANCOUVER, B.C. - Pure Industrial Real Estate Trust (TSXV:AAR.UN), a Vancouver-based property owner, has sold an industrial building in Saskatoon

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