Paradigm Tax Group Industry News

Paradigm Tax Group Industry News

Stay informed with the most current Industry News that affects your business and impacts property taxes across the nation.

    Average U.S. Multi-Family Rent Hits All-Time High

    8 Aug, 2018

    Buoyed by strong second-quarter economic growth and healthy demand, the average monthly rent for multifamily markets across the United States rose $3 to an all-time high of $1,409 in July,...

    Alert: City of Baltimore Engaging in "Reverse Assessment Appeals"

    8 Aug, 2016

    By Paul Shoup, Senior Managing Consultant, Washington D.C.

    In the state of Maryland, properties are reassessed every three years (triennial) and assessments are phased in over the three-year cycle....

    Montgomery County Council Approves Biggest Property Tax Hike Since 2009

    26 May, 2016

    The Montgomery County (Maryland) Council gave final approval Thursday to a $5.3 billion budget that includes the biggest property tax hike in seven years. The budget, which takes effect July 1,...

    Proposed Montgomery County, MD Budget Has Biggest Property Tax Hike in Eight Years

    16 Mar, 2016

    As Montgomery County faces a fast-growing school system and lost revenue from last year’s Supreme Court ruling that Maryland’s income tax system was unconstitutional, a property tax increase has been...

    Office Investors Follow STEM Workers for Best Returns

    8 Jan, 2016

    All across the country, both companies and cities alike are competing to attract STEM-educated employees. STEM - which stands for science, technology, engineering and math - related fields are...

    Multifamily Rents Continue to Soar to New Heights

    12 Aug, 2015

    U.S. Apartment growth is not showing signs of moderating, according to the July 2015 edition of Matrix Monthly, a report on U.S. multifamily market trends in the 101 U.S. markets surveyed by real...

    Commercial Property Taxes Drive Baltimore's Largest Revenue Increase Since the Great Recession

    2 Apr, 2015

    Baltimore's rebounding economy driving rising property tax revenues has Mayor Stephanie Rawlings-Blake proposing a bigger budget for 2016. The preliminary 2016 budget calls for $1.71 billion in...

    15% Property Tax Hike Proposed for Prince George County, MD

    16 Mar, 2015

    In an effort to increase revenues for county schools, Prince George’s County Executive Rushern L. Baker III (D) proposed raising property tax rates for the first time in 35 years. He proposes raising...

    Upcoming Deadline: Maryland Commercial Property Income and Expense Report

    6 Feb, 2015

    Assessment offices across the state of Maryland will soon be sending out Commercial Property Income & Expense requests to properties whose value exceeds $5 million. Each year, one-third of the...

    Maryland Gov. Hogan Calls for Business Personal Property Tax Cut

    5 Feb, 2015

    After building his gubernatorial campaign around tax cuts and business issues, Maryland Gov. Larry Hogan used his first State of the State yesterday to address these issues, calling for millions of...