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Florida Homeowners: What to Expect When You Live in a Tourist Hotspot

Lamacchia Realty

Also, property taxes can spike as municipalities capitalize on the booming local economy. In addition, the influence of local community features on property values can’t be overstated. Living near popular attractions can raise your home’s market value , making it a profitable asset if you decide to sell.

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

If this latest turn of events plays out as written, we'll be able to look back at this era as a milestone where the supertanker began to turn in the wrong direction for the new development multi-family industry. Hit a declining market with more than 6 years of excess supply with a new high tax out of the blue and watch what happens.