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Stock impact report

Property Taxes Have Surged Nearly 60% in Tampa and Jacksonville Since 2019, Exacerbating Florida’s Housing Affordability Crisis

Redfin Corporation (RDFN) 
Last redfin corporation earnings: 2/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.redfin.com/investor-relations
Company Research Source: Business Wire
Redfin reports property tax bills have increased since 2019 in nearly every major U.S. metro. Florida is home to three of the five metros with the biggest hikes due to the pandemic-driven homebuying boom and the increasing intensity of climate disasters. SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Florida is home to three of the five major U.S. metros where property tax bills have increased most since before the pandemic, exacerbating the difficulty of affording a home in the Sunshine State. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.The median monthly property tax bill has risen most over that period in Indianapolis, where the typical homebuyer pays 66.7% more today than they would have in 2019, bringing their monthly tax bill to $205. Atlanta comes in second, with a 65.8% increase to $239. Next come three Florida metros: Jacksonville, where property taxes have increased 59.6% to $228 since 2019, Tampa (56.7% to $250) and Show less Read more
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