Found 21 blog entries tagged as real estate.

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 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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West Palm Beach continues to reshape itself with high-end residential and commercial development, and one of the latest additions is The Estates at Nomar — a new luxury single-family home community planned for the Northwood area, just west of North Flagler Drive. The project, highlighted in reporting from Florida YIMBY, will introduce 100 newly built residences ranging from approximately 1,800 to 3,900 square feet, placing the community squarely in West Palm Beach’s growing upper-tier housing segment.

Designed as a modern enclave with a contemporary architectural aesthetic, The Estates at Nomar is positioned to appeal to buyers looking for new construction opportunities near Downtown West Palm Beach, the Intracoastal Waterway, and the emerging…

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The Federal Reserve's recent decision to cut its benchmark interest rate for the first time in nine months has significant implications for consumers, homeowners, and the housing market. While mortgage rates have already started to dip in anticipation, the full effects of this quarter-point cut will unfold gradually over the coming months.

In this article, we'll break down how the Fed's rate cut affects mortgage rates, savings accounts, auto loans, and credit card debt, while also exploring what it means for the broader economy and real estate market.

Understanding the Federal Reserve’s Role in Interest Rates

What Is the Federal Funds Rate?

The federal funds rate, set by the Federal Reserve (the Fed), is the interest rate at which banks lend…

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Which South Florida Real Estate Markets Offer the Best Investment and Protection for Investors?

South Florida boasts a rich tapestry of real estate markets, attracting local and international investors, retirees, entrepreneurs, and workers from across the U.S. This dynamic region, stretching from northern Palm Beach County to Miami Beach and Coral Gables, is a prime destination for those seeking lucrative and stable investment opportunities.

In today’s fluctuating global financial environment, savvy investors are prioritizing not just aesthetics or affordability but also wealth preservation and consistent income. With these goals in mind, here are the top South Florida neighborhoods that offer excellent protection for investors seeking long-term…

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Revamping Downtown Boca Raton: Enhancing Safety and Boosting Real Estate Value

Boca Raton’s Federal Highway is set for a transformation aimed at improving safety for pedestrians and cyclists while enhancing the overall appeal of Downtown Boca Raton. A 1.3-mile stretch from Camino Real to Northeast Mizner Boulevard will undergo significant changes, including wider sidewalks, buffered bike lanes, and a lower speed limit. These upgrades not only aim to improve pedestrian and cyclist safety but also align with the city’s "Complete Streets Policy," fostering a more walkable, bike-friendly environment in one of South Florida's most desirable urban centers.

The Florida Department of Transportation (FDOT) will oversee the project, which will see sidewalks…

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The recent settlement between the National Association of Realtors (NAR) and several plaintiffs have significantly changed real estate practices, effective August 17, 2024. These changes aim to increase transparency and reduce potential conflicts of interest, reshaping how agent compensation and buyer agreements are handled across the industry.

Key updates include:

  1. Compensation Changes: The most impactful change is the prohibition of listing brokers or sellers offering commission to buyer agents on Multiple Listing Services (MLS). This effectively ends the common practice where sellers paid both the listing agent and buyer’s agent commissions, leading to greater transaction clarity. MLS platforms will now remove any fields related to buyer-agent…

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When it comes to purchasing a home, especially in competitive markets like Boca Raton, Florida, having the right real estate agent by your side can make all the difference. An experienced agent not only helps you navigate the complexities of the home buying process but also ensures you get the best deal possible. However, not all real estate agents are created equal, and it's crucial to ask the right questions before hiring one. Here are the essential questions you should ask when hiring a real estate agent to represent you as a home buyer.

  1. How Long Have You Been Working in Real Estate?
    Experience matters in real estate. An agent with several years of experience is likely to have a deep understanding of the local market, negotiation strategies, and…

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In Delray Beach, Florida, a haven of luxury and tropical allure awaits those seeking an opulent lifestyle. This coastal gem is renowned for its mix of high-end gated communities and lavish condominiums, where amenities such as advanced fitness centers, Olympic-sized pools, saunas, private tennis courts, and beach access define everyday living. Delray Beach is not just about luxury homes; it's a culturally rich area brimming with art galleries, museums, boutique shopping, gourmet dining, and tranquil parks and beaches. It's no surprise that some of Palm Beach County's most prestigious neighborhoods are found here, offering a unique blend of beachside living and urban convenience.

Stone Creek Ranch

A pinnacle of luxury, Stone Creek Ranch sits on…

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downtown west palm beach businesses

Publix. Citrix. Office Depot. These are but a few of the largest and most recognizable companies that have called South Florida home for decades. Recently however, the corporate neighborhood has gotten a lot more crowded—and the momentum has only picked up. 

Over the past half-decade, the Palm Beach County Business Development Board has helped roll out the welcome mat to approximately 140 companies who have relocated or expanded their operations into the county. This has resulted in more than $1.12 billion in capital investment and over 13,000 direct jobs for locals.

It has also contributed to a still-booming residential and commercial market. Just over the past year, these companies have swallowed up more than 1.6 million square feet of…

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