The Real Estate Bloggers

New Jersey Getting Property Tax Relief
Clintons Upgrading to New Bedford Hills New York House
George Steinbrenner’s Tampa Home – Golf View Estates

Posted: 13 Jul 2010 07:21 AM PDT

Chris_christie Governor Chris Christie has saved New Jersey homeowners some money, and if I was a real estate agent I would call him and thank him.

Property taxes in the state of New Jersey have skyrocketed as the state has increased cost of government through the roof recently. Property taxes have gone up 72 percent since 1999 and homeowners are overwhelmed with the costs.

Now government officials may have to look at the spending side of the equation instead of just raising taxes to buy votes from the public sector.

Assembly lawmakers in New Jersey, the state with the highest property taxes in the U.S., approved a plan endorsed by Governor Chris Christie to cap annual increases in real-estate levies at 2 percent.

The measure, which cleared the Democratic-controlled house 73-4 today, would lower the current restriction from 4 percent and reduce exceptions. The taxes are the prime source of funding for cities, schools and counties.

New Jersey property taxes climbed 72 percent from 1999 to 2009, to an average of $7,281. Taxpayer anger helped Christie become the first Republican elected governor in the state since 1997. Checking the increases will make the state more affordable and attractive to businesses and residents, he has said. via Bloomberg

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New Jersey Getting Property Tax Relief

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Clintons Upgrading to New Bedford Hills New York House

Posted: 13 Jul 2010 07:17 AM PDT

Clinton-Bedfordhills It looks like the residents of Chappaqua, New York are going to be able to sleep better as the Clintons are looking to move to chic Bedford Hills, New York.

The estate that the Clinton’s are looking at is a 10 year old property built by a bankrupt Wall Street tycoon, Paul Wallace of the Broadstone Group. New neighbors of the Clintons include Martha Stewart, Richard Gere, and Glenn Close.

Sources told The Post the Clintons are planning to trade their almost-modest suburban Chappaqua home for a sprawling $10.9 million estate in the bucolic Westchester town of Bedford Hills, complete with 20 acres of gorgeous land surrounded by New York’s elite.
The massive compound — sweetly named Clover Hill Farm — comes with high fences, two guesthouses and a mansion fit for Bubba’s millionaire lifestyle.
The home — found only after a long cruise down a private road — is 7,000 square feet with a large foyer, wood paneled library with fireplace, chef’s kitchen with fireplace, five bedrooms, six full bathrooms and two half bathrooms.
That means plenty of room for grandkids and the Secret Service. via the NY Post

Thanks for reading this post. If you would like to see more articles like this, please come visit The Real Estate Bloggers. where it was originally published.

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George Steinbrenner’s Tampa Home – Golf View Estates

Posted: 13 Jul 2010 07:09 AM PDT

Steinbrenner_house First of all, my condolences to the family of George Steinbrenner on his recent death.

For those who wish to leave flowers at his Tampa home, please respect his privacy. The home has a gated entrance so please leave your flowers outside the gate, someone can bring them in.

George Steinbrenner

13,480 square feet

Property value: $3.66 million

The Boss, who steered his New York Yankees back into the spotlight in the 1990s, lives in a comparatively modest home in South Tampa’s Golf View Estates. The mansion includes marble floors, seven bedrooms and 91/2 bathrooms. The twostory, 51-year-old home has a pool and spa. Steinbrenner pays about $100,000 a year in property taxes.

Thanks for reading this post. If you would like to see more articles like this, please come visit The Real Estate Bloggers. where it was originally published.

George Steinbrenner’s Tampa Home – Golf View Estates