Field Guide to Impacts of Property Taxes on Real Estate
(Updated May 2015)
Americans love to hate property taxes despite the fact that local governments depend upon this levy to provide services and programs to local residents. Learn more about property tax basics and the impact on property values. (A. Siudzinski, Senior Library Information Specialist)
Q - ProQuest articles available for NAR members only. Password can be found on the ProQuest/Find Articles page.
Source: 2015’s States with the Highest and Lowest Property Taxes (WalletHub, Apr. 2015)
Understanding Property Taxes
Learn to love the property tax—it’s not so bad, (Forbes, May 11, 2015).
8 reasons your property taxes are so damn high, (Money, Apr. 20, 2015).
A guide to understanding your property tax, (Huffington Post, Apr. 8, 2015).
Save thousands of dollars every year by appealing your property taxes, (Lifehacker, June 19, 2014).
Property Taxes Annual Report, (National Association of REALTORS®). Click "Access State Issues Tracker," then select "Property Taxes" from the menu on the left.
50-State Property Tax Comparison Study, (Lincoln Institute of Land Policy, Mar. 2014).
Property tax fundamentals, (Lincoln Institute of Land Policy, 2014).
Residential property taxes in the United States, (Tax Policy Center, Nov. 2013).
Residential Property Taxes in the United States, (Urban-Brookings Tax Policy Center, Nov. 18, 2013).
Property tax basics, (US Tax Center/Internal Revenue Service, Oct. 8, 2013).
Impact on Property Values
Birmingham struggles to cure 50 years of urban decay, (AL.com, May 18, 2015).
Homeowners see property values, taxes rise, (KSAT, Apr. 16, 2015).
As California property values rise, owners see big tax bill, (The Sacramento Bee, May 5, 2014).
The effect of property taxes on home values (Journal of Real Estate Literature, Vol. 8, No. 2, 2000). Q
The connection between house price appreciation and property tax revenues (National Tax Journal, Sept. 2008). Q
Are property taxes capitalized into housing prices in Savannah, Georgia? An investigation of the market mechanism, (Journal of Housing Research, Vol. 18, No. 1, 2008). Q
Homeowners, renters, and the political economy of property taxation, (University of Connecticut - Department of Economics Working Paper Series, Oct. 2013).
Greening the property tax, (OECD Working Papers on Fiscal Federalism, 2014).
Challenging Your Property Tax Bill
How to Reduce Your Property Taxes, (Kiplinger, Mar. 2014).
How to Lower Your Property Taxes, and When Not to Try It, (Huffington Post, Dec. 12, 2013).
How to Cut Your Property Taxes, (Credit.com, Oct. 8, 2013).
Appraisal Institute Provides Homeowners With Property Tax Appeal Tips, (The Appraisal Institute, Mar. 21, 2013).
Significant Features of the Property Tax, (Lincoln Institute of Land Policy).
Property Tax Data by County, (Tax Foundation).
Quarterly Summary of State & Local Tax Revenue, (U. S. Census Bureau).
eBooks & Other Resources
The following eBooks and digital audiobooks are available to NAR members:
How to Invest In Offshore Real Estate and Pay Little or No Taxes (Adobe PDF eBook )
Make Money in Real Estate Tax Liens (Kindle Book; Adobe PDF eBook)
Real Estate Advantages (Overdrive WMA Audiobook)
Books, Videos, Research Reports & More
The resources below are available for loan through Information Central. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Information Central at 800-874-6500 for assistance.
Property Taxes in Illinois—What is the effect of rapid increases and large drops in house prices on property taxes?, (University of Illinois, 2011). [pdf link]
Challenging the conventional wisdom of the property tax, (Hollis, NH: Puritan Press, 2010). HJ 4120 B14
How to reduce your property taxes, (Genesis Press, 1995). HJ 3241 Ad5
Reduce your property taxes, (Crisp Publications, 1992). HJ 4120 T97
The Worst Tax? A History of the Property Tax in America, (University of Kansas Press, 1996). HJ 4120 F57
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