Posted by John Brusniak | Mar 27, 2024 |
Harris County passes property tax exemption for child care providersHouston Public MediaHundreds of child care facilities throughout Harris County will now be exempt from paying local property taxes. Harris County Commissioners Court on Tuesday unanimously passed a 100% property tax exemption for...
Posted by John Brusniak | Mar 26, 2024 |
Tarrant Co. Appraisal District ransomware attackers demanding $700KYahooThe Tarrant Appraisal District board held an emergency meeting on Monday to discuss the impact of a recent ransomware attack. The ransomware attackers who took control of the appraisal district's systems are demanding $700,00...
Posted by John Brusniak | Mar 25, 2024 |
Ransomware attack shuts down Tarrant County tax appraisal websiteNBC 5 Dallas-Fort WorthThe Tarrant Appraisal District says a network disruption on Thursday resulted from a criminal ransomware attack. The TAD said in a statement Friday that after learning of the network disruption they took steps...
Posted by John Brusniak | Mar 22, 2024 |
Tarrant Appraisal District website down againNBC 5A week after launching a new website designed for the public to be easier to use, the Tarrant Appraisal District's website is once again offline due to an unspecified issue. The Tarrant Appraisal District assigns property values for ad valorem tax...
Posted by John Brusniak | Mar 20, 2024 |
Once America's Hottest Housing Market, Austin Is Running in ReverseWSJThe Sunbelt city that came to symbolize the pandemic housing boom is now leading a national property cool-down. Home prices and apartment rents in Austin, Texas, have fallen more than anywhere else in the country, after a perio...
Posted by John Brusniak | Mar 19, 2024 |
Texas' poorest renters face a shortage of 679,000 rental homes they can actually affordKERA NewsThe National Low-Income Housing Coalition's annual report on the nation's affordable housing shortage found that the nearly 907,000 renter households making less than 30% of their area's median income ...
Posted by John Brusniak | Mar 18, 2024 |
Despite rising appraisals, property value loss threatens Montgomery County budgetsCommunity ImpactMontgomery County taxing entities lost over $8.4 billion in property value in fiscal year 2022-23 following a backlog of homestead exemptions and record-setting levels of protest filings. The loss se...
Posted by John Brusniak | Mar 13, 2024 |
APPRAISAL DISTRICT PUSHED TO INCREASE COLEMAN VALUESColeman TodayThe Property Value Study conducted by the State Comptroller on all school district property values recently released its report for Coleman ISD and the results are estimated to cost the school district $500,000 in lost revenue for 2...
Posted by John Brusniak | Mar 12, 2024 |
Some Dallas area child care centers won't have to pay county property taxKERADallas County commissioners unanimously decided to give them 100% property tax exemptions from January 2024 through September 2026. The commissioners agreed to allow the exemption, but only after candid discussion about ...
Posted by John Brusniak | Mar 11, 2024 |
Rebound for Multifamily Rents on the Horizon in Dallas-Fort WorthCoStar NewsThe latest monthly rent growth results show early improvement in Dallas-Fort Worth with two months of essentially flat results. That's a stark change from six consecutive monthly rent cuts reported last year. Annually, re...
Posted by John Brusniak | Mar 07, 2024 |
Texas Republicans Want to Eliminate Property TaxesNewsWeekRepublicans in Texas sent a message to their party that they want to remove property taxes in the state, after a vast majority voted yes to a proposition during Tuesday's primary on whether the state "should eliminate all property taxes wi...
Posted by John Brusniak | Mar 05, 2024 |
How 3 Texas Cities Came To Lead The Nation In Empty Offices — And Why There May Be Further To FallBisNowVestiges of the pandemic continue to grip the office market, and four years later, hopes are fading for a return to normal. In a state where higher-than-average vacancy rates are accepted as th...
Posted by John Brusniak | Mar 04, 2024 |
Stringer Still Delinquent On Property TaxesOdessa HeadlinesDespite drawing a taxpayer funded salary of $102,539 per year including benefits and reimbursements, just days before the March 5th primary election County Commissioner Don Stringer continues to owe thousands of dollars in unpaid and deli...
Posted by John Brusniak | Feb 29, 2024 |
Political attack in tax assessor-collector race echoes Republican divide statewideFort Worth ReportAn increasingly contentious Republican primary for a lesser-known Tarrant County position is highlighting dueling factions of the state's Republican Party. Incumbent Tax Assessor-Collector Wendy Bur...
Posted by John Brusniak | Feb 28, 2024 |
Austin has 27% vacant office space but leasing could fill up in 2024
Statesman
Every office market in the country now has way more office space than it needs. So pronounced Austin-area real estate expert Eldon Rude, as part of his 21st annual forecast event last week sponsored by the Home Build...
Posted by John Brusniak | Feb 27, 2024 |
Lenders Foreclose On Historic Office Building In Downtown Fort Worth
BisNow
A historic building in Fort Worth has joined a growing number of troubled office properties taken back by lenders. Legacy Bank & Trust has assumed ownership of the 167K SF Oil & Gas/Star-Telegram building on West 7th St...
Posted by John Brusniak | Feb 23, 2024 |
Texas Landfill Seeks High Court Support of Lower Tax Appraisal
Bloomberg Tax
A Texas sanitation company asked the state supreme court to take a narrow view in a dispute over whether a trial court can evaluate an appraiser's challenge of a separate ruling that reduced the tax assessment of a lan...
Posted by John Brusniak | Feb 19, 2024 |
Texas Supreme Court to Decide Oncor-Mills Central Appraisal District Tax Dispute
BNN Breaking
In a significant legal battle that could influence the financial landscape of utility companies and tax authorities alike, the Texas Supreme Court has decided to take up a case that pits Oncor Electric...
Posted by John Brusniak | Feb 16, 2024 |
Improving daycare availability is the goal of two Dallas City Council measures approved Wednesday
NBC DFW
Daycare received two boosts from the Dallas City Council Wednesday including a property tax abatement and some zoning changes. Childcare facilities will now receive a big tax break with a 1...
Posted by John Brusniak | Feb 14, 2024 |
Dallas-Fort Worth tops U.S. in construction job growth
Dallas Morning News
With all the construction cranes on the skyline, it shouldn't be a surprise that the Dallas area saw more construction job growth last year than any other U.S. metro area. The Dallas area added 12,300 building sector job...
Posted by John Brusniak | Feb 13, 2024 |
Inaugural Appraisal District Board election lacking candidates
thefacts.com
The Texas Legislature answered the call to give property owners direct representation on county appraisal boards, but so far, no one in Brazoria County has answered the call to seek election to its board. Three seats wi...
Posted by John Brusniak | Feb 13, 2024 |
Posted by John Brusniak | Feb 12, 2024 |
Depreciating Commercial Assets Spell Tax Dip
Dallas Express
Plummeting values across North Texas' commercial real estate sector could spell trouble for the jurisdictions depending on the collection of property taxes from those entities. Policy firming by the Federal Reserve and declining demand...
Posted by John Brusniak | Feb 09, 2024 |
Texas Apartment Markets Could Be Courting Disaster As Oversupply Fuels Rent Declines
BisNow
Pricing power across apartment markets in Texas has slipped just as thousands of new units are coming online, sparking concerns that conditions are ripe for an onslaught of distress. Markets with the big...
Posted by John Brusniak | Feb 08, 2024 |
No takers for Appraisal District Board election
kiiitv.com
With the passage of Proposition 4 last November, Texas voters overwhelmingly granted themselves an $18 billion property tax cut. Although it took more than six months to accomplish and required a regular legislative session and two spec...