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US Homeowners Face $21K Hidden Costs, Rising Taxes, Insurance

6/28/2026

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Story summary
  • Homeowners in U.S. confront higher taxes and insurance; 76% of 2,500 owners say taxes exceed budgets, 10 points higher than last year, and Bankrate’s 2025 study puts hidden home costs at $21,000 annually with $8,808 for maintenance.
  • Insurify projects premiums to $3,057 by end-2026 after a 12% rise in 2025 and 4% increase.
  • Compass principal agent Kori Sassower and agent Miltiadis Kastanis warn buyers overlook taxes, maintenance and condo fees.