Dear Neighbors, If you took ownership of your property last year, you may have questions about your property taxes and homestead exemption. In Broward County, property taxes are paid in arrears, which means you pay your annual property taxes at the end of the tax year. For example, property taxes for 2023 are paid in…
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Dear Neighbors, As of the date of this writing, all homeowners should have received a “Notice of Proposed Taxes”, also called a TRIM Notice. This notice includes both the market and the assessed values of your property for the current and the prior year. The Notice also contains instructions on how to appeal your assessment…
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Dear Neighbors, Although television stations and newspapers are reporting that existing-home sales are sliding nation-wide, “Florida Realtor Sun Stats” paints a very different picture for our local market. When comparing sales data for single-family homes, townhouses, and condominiums from March 2022 to March 2023, the average home price continues to increase. The average sales price…
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Dear Neighbors, The Florida Realtors Sun Stat data this month reveals that inventory for condominiums and townhouses has increase d 218% and inventory of single-family homes has increased 269% over the February 2022 inventory. Although this is a huge increase, the condominium and townhouse markets still have only 3.5 months of inventory compared to 1.1…
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