Categories: Uncategorized

Florida Gov. Ron DeSantis Unveils His Plan To Eliminate Property Taxes

Florida plans to reform property taxes by raising the homestead exemption from $50,000 to $250,000, potentially eliminating taxes for 60% of homeowners and aiming for eventual full exemption. New residents may pay taxes for up to five years to prevent migration surges. Local governments could face revenue losses, with concerns about funding essential services. Property values may rise, impacting affordability for first-time buyers.

Continue to full article

Karen

Recent Posts

Happy Father’s Day

Approximately 2.5 billion Father's Day cards are sent each year. Neckties have become a popular…

1 day ago

Best New Luxury Developments Delivering 2027 to 2030 in South Florida

South Florida's luxury pre-construction residences have estimated deliveries from 2027 to 2030+, with timing crucial…

1 day ago

Florida manufactured home market holds steady as inventory tightens

Florida's manufactured housing market shows steady demand with closed sales and pending sales nearly unchanged…

2 days ago

Mortgage Rates Outlook Through Early-Q3 2026

Mortgage rates are expected to remain stable between 6.2% and 6.5% through July 2026, with…

3 days ago

First-Time Buyers Stay Flexible and Optimistic

Many first-time buyers still plan to purchase, even with affordability pressure, by adjusting expectations around…

4 days ago

Florida Home Sales and Prices Rise

Florida closed 24.1K existing single-family sales statewide in Early-Q2, ↑2.4% yearly, with median price ↑1.8%…

6 days ago