Property taxes rising nationwide
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The levies are squeezing the middle class and senior citizens.
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House price growth remains strong despite concerns about interest rate rises, Land Registry figures show.
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House prices grew by 0.8% in August, the Nationwide says, lifting the annual growth rate to 6.6%.
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The number of people paying their mortgages late â or not paying them at all â increased up in recent months, a trend that is expected to continue well into next year.
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Long-term mortgage rates in the United States increased sharply this week, mortgage wholesaler Freddie Mac reported Thursday in its weekly nationwide survey.
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Sales of existing homes were up both nationally and in Lee County in November, according to statistics released today. Meanwhile, the median price for a single-family home also continued to rise both locally and nationally.
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Home values across the United States soared 32 percent during the first half of this decade, according to new data released on Tuesday by the U.S. Census Bureau.
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Property repossessions rise 9% in the second half of 2006 while annual repossessions hit a six-year high.
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Business & money: Investors continue to pile into property market in spite of rising interest rates.
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Home values across the United States  soared 32 percent during the first half of this decade,  according to new data released on Tuesday by the U.S. Census  Bureau.
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House prices grew by 1.3% in September, the Nationwide says, lifting the annual growth rate to 8.2%.
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More than 2m homes are now worth more than the level at which inheritance tax is levied, a report says.
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U.S. housing starts unexpectedly  rose 4.7 percent last month to a nearly 21-year high as  single-family housing starts shot up to a record, a Commerce  Department report showed on Wednesday.
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UK house prices continue to rise in September but at a slower annual pace,  the Nationwide says - as the IMF warns high house prices threaten the economy.
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Rising homeownership and higher-income households have helped U.S. remodeling spending reach new highs, a study by Harvard University found.
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Statewide sales of single-family homes and condominiums broke another record last year, topping a strong year in 2003 as low mortgage rates and an improving economy continued to fuel residential sales. Prices also rose for the 11th year in a row. The Massachusetts Association of Realtors reported yesterday the number of detached single-family homes sold increased 8.7 percent in 2004, ...
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LOS ANGELES -- The number of foreclosure filings reported in the U.S. last month more than doubled versus August 2006 and jumped 36 percent from July, a trend that signals many homeowners are increasingly unable to make timely payments on their mortgages or sell their homes amid a national housing...