According to a report by ATTOM Data Solutions, California homeowners are projected to pay an average of $2,818 in property taxes in 2024. This is a 24.2% increase from the $2,089 homeowners are projected to pay in 2020.

If you're a homeowner in California, you might want to start planning for 2024 now! California property taxes are going to be sky high in 2024, and it's not just because of the California drought. The state is facing an $8.6 billion budget shortfall, and that's going to cause taxes to go up all over the place. So if you're a homeowner in California, you may want to cash out on the equity you currently have in your home. Or if you are comfortable in your home and can afford the price increase you may want to start saving now!

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