BIG DATA SANDBOX
Prospective home buyers who want to pay the lowest possible property taxes should purchase an investment property in Alabama in a congressional district with a Republican representative, according to an ATTOM Data Solutions analysis of property tax data for more than 84 million single family homes nationwide. The older property, the better, and it also helps if the owner is unmarried and holds on to the property for more than 20 years. While most buyers won’t have (or want) full control over many of these factors, property taxes are the second biggest cost of homeownership after the mortgage, and they should be carefully factored into any potential property purchase.
ATTOM Data Solutions • P14
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