Residential Real Estate Tax Rates

Two things jump out at me in this graphic on real estate tax rates.

Texas. I’m a lot less interested in investing in Texas. Now you can see one reason why Texas real estate is “cheap.”

California. Help me out here but I believe California property taxes are very high for newcomers. When you buy a home, your property taxes are very high at first but are locked-in from then on. Which means if you are considering moving to California, your tax rate would be much higher than suggested by this graphic.

June 5, 2007 by Realtor John Wake

About The Author

John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

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