Put lower property tax rates on the local government agenda in Maryland

Over the last three years, the value of real estate in Maryland has risen a hefty 20.6%. At some level, that’s good news for existing homeowners and commercial property owners alike, as it means as it means a home or business space they may have purchased several years ago for $100,000 is likely worth about $120,000 today. A rise in equity is what has long made such investments appealing. For many, it’s one of the best they’ll make, often a key steppingstone toward retirement savings.