Dallas Property Taxes
As if the doom and gloom from the almost-over election isn’t bad enough, the city of Dallas has an economic crisis brewing that will most likely mean higher property taxes in the future. How would that affect our local real estate market? I was speaking to a prominent agent last week about the sticker shock…
Read MoreThe next time you walk into Lowe’s and they ask if they can help you, you might say, “Yeah, pay your fair share.” Big-box retailers are trying a new-fangled strategy to lower their property taxes, and in some states, it is working. It’s called the “dark-store” strategy, borrowing a commercial real estate term that means…
Read MoreSince I write for a real estate publication, I get the, uh, benefit of hearing a lot about property taxes and how people feel about them. It’s because of that I can feel pretty confident when I say that this may not have been the year to try a 13-cent property tax increase, even if…
Read MoreOn Thursday, Dallas County Judge Clay Jenkins sent out an email announcing two public hearings to discuss lowering the tax rate in Dallas County down to 22.638 per $100 valuation from 24.31. He says that, because the county is flush with cash from all our increased property values, this can be done and still generate…
Read MoreWhen it comes to real estate, I am the nosiest. Especially on Dallas County property taxes. Last week, we looked at Dallas County Tax Assessor John Ames. I noticed he had a dramatically lowered value on his DeSoto home. He had, of course, a perfectly good (really, a terrible) excuse for having that lower value:…
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