Did You Acquire Property in 2022?

You may be eligible for Tax Reduction Benefits!

Homestead Exemption:

You may qualify for substantial tax savings with the homestead exemption if you are a permanent Florida resident. This exemption is not automatically applied to your new home. As the new owner, you must apply for the exemption with the Property Appraiser’s office.

Homestead exemption could save you $500 - $1,000 each year. You can't rely on current taxes as an estimate following a change in ownership as these represented the seller’s taxes. The Assessed Value of your home resets to full Market Value in the year after you acquire the property, which could result in much higher taxes. Make sure to connect with a trusted real estate professional…

919 Views, 0 Comments

There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key variables now compared to the last housing cycle, there are significant differences.

In the latest Real Estate Forecast Summit, Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), drew the comparisons below between today’s housing market and the previous cycle:

There’s Opportunity in Real Estate Today And in today’s market, with inventory rising and less competition from other buyers, there’s opportunity right now.…

763 Views, 0 Comments


Sandestin.floridaFlorida Still No. 1 for International Buyers!

About one in four (24%) international buyers opt for a home in Florida, finds Coldwell Banker study, compared to No. 2 California (11%) and No. 3 Texas (8%).  According to the Coldwell Banker International Buyers Guide, about one in fourof international buyers purchase a home in Florida. Percent of international buyers by state Florida: 24% California: 11% Texas 8% Arizona: 7% New York: 4% In 2022, the highest dollar volume among international buyers in the United States came from China, followed by Canada, India, Mexico, Brazil and Colombia. “Florida and Arizona tend to attract buyers from Latin America, Europe and Canada, who are looking to purchase properties in warm climates for vacation purposes,”…

791 Views, 0 Comments