Well it looks like those of us with Citizens Property Insurance in the South Florida area might see up to a 10% increase in rates, while at the same time those individuals in other counties might actually see a decrease. Citizens Insurance Board approved on a 5 to 3 vote a 10% increase in rates for many...
A small trend is forming in existing home sales in Florida. We have reached the eighth consecutive month where sales activity have increased year over year. In April we saw the following for Florida Existing Single Family Home Sales 18% increase (yoy) Existing Condo Sales 21% increase (yoy) On the alternative side we continue to...
The Florida Senate is considering joint resolution Bill # 532 related to among other things the reduction in the maximum increase in tax assessment for commerical or residential rental property to no more than 5% or the average annual percentage growth in revenue derived from the property for the preceding 3 years. This would be...
