Spotlight on Alexandria, VA: 55% of Revenue Comes from Real Estate Taxes, Mayor Forced to Hike Up Property Taxes; How to Fight the Hike – Examine Worksheets or File an Appeal

WSJ’s Sudeep Reddy talks with Tim Hanrahan about October data showing the decline in U.S. home prices is intensifying and how consumer sentiment may change in the coming months.


Inside Look: Home Price Index Falls 18%

Category: Real Estate, Video

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2 Responses to “Home Prices Continue Free-Fall”

  1. Texican says:

    This mayor is cutting his own throat. He is increasing the cost of living in an asset that is declining in value. This will lead to more defaults and less taxes for his city. He’s going to have to be more creative than this.

  2. JohnnyVee says:

    Hey Mr. Mayor. How about cutting city services, medical and retirement benefits?