Florida Property Tax Reform 2026: New Homestead Exemption, Save Our Homes & Portability Explained

Florida Property Tax Reform 2026: What Homebuyers and Sellers Need to Know

Key Takeaways

• Historic Exemption Increases: If passed, Amendment 3 will raise the non-school homestead exemption to $150,000 in 2027 and up to $250,000 in 2028, providing significant relief for permanent residents.
• Changes for Newcomers and Investors: Out-of-state buyers relocating to Florida will face a five-year waiting period before qualifying for the full exemption, if purchasing after January 1, 2027, while non-homestead properties will see their annual assessment growth cap reduced from 10% to 5%.
• Local Impact on Services: The reform may lead to substantial budget adjustments for local governments in Palm Beach and Broward counties, potentially…

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Florida Eliminating Property Taxes? Here’s What’s Actually On the Table

Florida flirting with the idea of getting rid of property taxes is the kind of headline that makes homeowners cheer and local governments break into a cold sweat.

But “Florida is eliminating property taxes” is not a done deal today. What’s happening right now is a push in Tallahassee to put a constitutional amendment on the November 2026 ballot that would phase out most non-school property taxes on homesteaded primary residences over time.

If you own (or want to buy) in Boca Raton, Delray Beach, or Highland Beach, this matters—because property taxes are a real monthly-carry-cost driver, and any major shift can impact demand, pricing, and even what it costs to sell.

What Florida Is Proposing: Eliminating Non-School Property Taxes on Homesteads

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Interest Rate Increases And Their Effect on the South Florida Real Estate Market

The Federal Reserve intensified its fight against inflation in June by announcing the biggest interest rate increase in 28 years as the government's main lending institution tries to rein in skyrocketing consumer costs. 

The largest increase since 1994, the Fed increased its benchmark interest rate by three-quarters of a percentage point. That comes after increases of a quarter point in March and a half point in May. The increase is due to growing prices for rent, groceries, gasoline, and a variety of other goods and services. Higher interest rates will increase the cost of carrying a credit card bill, obtaining a vehicle loan, and purchasing a home.

Rate increases are anticipated to continue in the upcoming months. In general, Fed policymakers…

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Five Reasons We Won’t See A Housing Crash in 2022

It may be hard to believe, but the South Florida real estate market is quickly approaching the conclusion of its second full calendar year of record-shattering pace. Homes and condos are still selling nearly as quickly as they were at the start of the COVID-19 pandemic, and setting new highs along the way. 

With respect to Mr. Gordon Gekko, many real estate experts and economists—not to mention home buyers and sellers—aren’t convinced that all this greed is good. Headlines abound regarding a potential housing crash which would rival that of the late ‘00s. While it’s true that some cherry-picked data trends could cause concern, the fact of the matter is we find ourselves in a far different climate; one that could actually turn out positively for…

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South Florida’s Rental Market Must Be Addressed

South Florida’s rental market has long been less-than-ideal for non-homeowners.

Landlords operated happily within the free market, raising their rates and easily finding plenty of takers ready to bask in the temperate weather and vibrant culture that our region offers. Those whose bank accounts couldn’t keep up were hastily left behind.

The past year seems to have accelerated the trend even more as too few new apartments have been built, and affordable housing has become even more scarce. Renters seemingly have little to no control of the market, making Florida one of the worst locations in the country to rent in. This reality has re-started the conversation over rent control—a proposal that has always failed in the past; but with examples set…

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A Look Inside Palm Beach County's March 2020 Real Estate Market

Palm Beach County Real Estate Market Update - March 2020

Amid these unprecedented times, The Pearl Antonacci Group is endeavoring to keep you educated on the latest trends in the Palm Beach County real estate market, as we all prepare ourselves for whatever the future may bring. Whether you have already begun the process of buying or selling your home or are planning to in the near future, arming yourself with the most up to date information is more crucial than ever. See our latest Palm Beach County real estate insights for March of 2020 in the market report and graphs below.

The following analyses group single-family homes, townhouses, and condos together for the sake of efficiency, and review the recorded statistics from March 2020 and compares…

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