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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2026 Housing Market Predictions: What Buyers and Sellers Should Expect Nationwide

Housing Market Outlook for 2026

The U.S. housing market has spent the last several years navigating an unusually turbulent cycle—historic low mortgage rates, rapid price appreciation, supply shortages, and then a significant cooldown as borrowing costs spiked. As we look ahead to 2026, the industry is entering a different phase: a slow return to normalcy.

Instead of sharp swings, the coming year is expected to deliver gradual adjustments, modest improvements, and a more predictable environment for buyers and sellers.

This comprehensive outlook outlines the key predictions shaping the 2026 housing market, what they mean for consumers, and how real estate professionals can position themselves for success.

Overview — A Market Moving Toward…

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2025 South Florida Real Estate Market: Expectations and Predictions

As we step into 2025, the South Florida real estate market continues to stand out as a dynamic and highly desirable region for homebuyers, investors, and sellers alike. Cities like Boca Raton and Delray Beach remain at the forefront of the market, with their luxurious properties, vibrant communities, and year-round sunshine attracting buyers from across the country. This blog explores what to expect from the 2025 real estate market in South Florida, including market trends, investment opportunities, and expert predictions.

Overview of the South Florida Real Estate Market in 2024

The South Florida market, encompassing Boca Raton real estate, Delray Beach real estate, and neighboring areas like Fort Lauderdale and Palm Beach, demonstrated resilience…

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Best South Florida Real Estate Markets for Investors

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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An Overview of the Palm Beach County Real Estate Market: Q1 2023

Palm Beach County Real Estate Market

Palm Beach County, one of the most picturesque regions of Florida, is known for its year-round warm weather, beautiful beaches, upscale shopping districts, and dynamic real estate market. But how did the Palm Beach County real estate market fare in the first quarter of 2023? Let's take a deep dive to understand the trends, forces, and numbers that have shaped this market segment.

A Dynamic Start to the Year

Despite the turbulence experienced in the real estate market in 2022 due to global economic uncertainties, the Palm Beach County market showed remarkable resilience. Entering 2023, the market showed a robust start with median home prices and sales volumes continuing their upward trajectory.

The first…

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Palm Beach County Has Become The New Hub for 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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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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Will Florida's Housing Market Cool Down or Crash?

Florida seemingly continues to operate in its own world—at least when it comes to real estate. While signs indicating slowing momentum are popping up more and more throughout the nation, six of the top 25 overvalued home markets are right in our backyard, and several new studies indicate a prolonged period of unaffordability.

Florida Atlantic University, Florida International University, and the University of Alabama found that the current combination of high demand and low inventory that began at the start of the pandemic is likely to continue thanks in part to future population growth projections.

Which Florida Communities Are The Most Overvalued?

Of the six Sunshine State metro areas identified, Fort Myers topped the list. Typical buyers…

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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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