Category: Uncategorized
-
No more property taxes? Governor Ron DeSantis throws support behind the idea
Governor Ron DeSantis has suggested a potential constitutional amendment to eliminate or reform property taxes in Florida, which are currently local taxes. While some residents support this idea, experts warn that removing property taxes could lead to a significant loss of revenue for public services like schools and infrastructure. If property taxes were eliminated, the…
-
Why Florida? Top Reasons to Move | Brought to you by The Cantrell Team
Florida's year-round warm climate supports outdoor activities like swimming, fishing, boating, hiking, and golfing.Florida’s lack of state income tax allows residents to save significantly compared to other states.
-
Florida Condos: Rising Costs, New Law Impact | Brought to you by The Cantrell Team
Florida's condo market faces a crisis due to new laws and rising fees following the Surfside collapse. Senate Bill 4D mandates structural integrity studies, increasing repair costs for condo owners across the state.
-
Happy Mardi Gras | Brought to you by The Cantrell Team
-
New Florida housing bill to target out-of-state housing investors
A newly filed House Bill 401 in Florida aims to protect the housing market from multinational investment companies purchasing large numbers of homes to convert into permanent rentals. The bill would allow local governments to zone land for single-family housing, potentially preventing future price spikes. However, the National Rental Home Council opposes the bill, arguing…
-
Florida Housing Market Faces 2025 Struggles | Brought to you by The Cantrell Team
Florida home prices may drop up to 10% in 2025 due to rising inventory and reduced demand, especially outside Miami.The homeowners' insurance crisis, driven by severe weather and rising premiums, is destabilizing Florida’s housing market.
-
Florida in 2025: Resilience & Opportunity | Brought to you by The Cantrell Team
Home values in Florida are expected to increase by 3%-5% annually in 2025, after a potential 10%-15% price correction early in the year.A housing crash is unlikely, the market’s strong demographic growth and economic stability point to continued resilience.
-
Florida Taxes: What Floridians Pay, What They Don’t, & Why Property Taxes Are High
Florida is known for its lack of a state income tax, but residents face significant property taxes and other levies. The state ranks 43rd in overall tax burden, with a 6% sales tax and an average property tax rate of 0.91%. High property taxes stem from reliance on local revenue, a tourism-driven economy, and rising…
-
Florida first-time homebuyer guide 2025
Florida's real estate market in October 2024 shows 144,730 listings, a 45% increase from 2023, with a median home price of $434,995, down 6.9% from the previous year. Homeowners insurance is costly, averaging $5,527 annually, and property taxes vary, averaging 0.91%. Various mortgage options are available, including low down payment programs for first-time buyers. Assistance…
-
Florida Home Insurance Stabilizing: When Savings Begin | Brought to you by The Cantrell Team
Florida home insurance rates are stabilizing, but homeowners may wonder when their bills will decrease. State leaders are optimistic, with lower catastrophic claims and new companies entering the market.