State of Texas: Tax relief on the ballot as homeowners see skyrocketing appraisals

The latest report from the Texas Real Estate Research Center at Texas A&M shows that the median home price in the state reached $300,000 in 2021, which is a record. The report found that values are growing at a rate of 15.6% annually. Some metro areas are seeing even faster growth. It’s 18.8% in Fort Worth and 30.8% in Austin.


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