Boomers are reaching a boiling point over their property taxes. Although property tax rates vary between jurisdictions, they’ve been climbing following the 2020 housing boom. Median home prices in America jumped 33% between Q1 2020 and Q1 2025, according to Federal Reserve data, and total property taxes grew from $10.5 billion in 2020 to $12.9 billion in 2025. Because many older homeowners live on fixed incomes, it’s understandable why more baby boomers are calling for the abolition of property taxes. M ...

Home prices have risen quite a bit over the past few years, so it's critical to prepare financially if you’re planning to buy a home soon. You should have a good idea of what you can afford each month, as well as what mortgage payment you might face at various price points. This will help you steer your home search toward the best options for your budget. To help you get started, here’s what you can expect to pay on a home priced around $400,000. Learn more: What is the monthly mortgage payment on $400, ...