January 29, 2008, produced a milestone for property tax reform in Florida. In a “four-down series”, we just had a huge gain on second down! Amendment 1 passed as a referendum on the ballot during the presidential primary. Although it mostly affects primary homes, all property owners receive some form of benefit. Please call me for details.
In case you haven’t noticed, interest rates are plummeting. The Federal Reserve cut a key short-term interest rate by a half-percentage point today, its second significant cut in just over a week, as the central bank tries to combat the growing risk of a U.S. recession.
Regardless of your political views, most believe that interest rates will start to tick up again after the upcoming November election.
Therefore, if you are interested in finding your piece of paradise in Southwest Florida, please don’t wait any longer. Our inventory has grown again to confirm this is a Buyer’s Market.
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