A rise in property taxes and insurance premiums spells trouble for homeowners throughout the U.S.
Homeowners throughout the country are feeling the squeeze due to rising property taxes and insurance costs, new polling indicates.Polling conducted by Redfield & Wilton Strategies exclusively for Newsweek found that most homeowners have seen either their property taxes or insurance costs rise within the past year. Surveying 1,500 eligible voters across the U.S.
Batista Engineering & Construction, said, 'Many regions have seen significant increases in home values, especially in states like Colorado, Georgia and Utah.' Bautista added that a wider demand for 'public services, such as schooling, policing, and public infrastructure' has led to local governments requiring more revenue to cover costs, which 'often leads to higher property taxes.
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