New Hampshire Real Estate Transfer Tax Down 21 percent
Governments that decided to finance their bloated budgets on the back of real estate taxes are starting to feel the pain. Todays installment, New Hampshire, saw a drop of 32 million dollars in transfer tax revenue as housing slowed.
Now when homeowners in the Granite State start appealing their assessments on their property tax the state will have to start cutting back on the services they added when property values were skyrocketing.
The state real estate transfer tax revenue from January through April shows that the planned $149.6 million in the coffers for the first quarter never materialized.
The actual yield was $117.6 million, down 21 percent of anticipated and down 12 percent from the first quarter of 2006.
New Hampshire’s real estate market sales are off for the first quarter of 2007 with condo sales being particularly dismal compared to last year’s first quarter numbers. via the Union Leader
My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
Great to hear that the big boys
are predicting recovery sooner than
most think.
Thanks for the value! 
I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
I live in the Philippines and I am glad we are not on the lists... 
I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
I see the question I have, but no response. I do not have a for sale sign up ...
