Independent thinking for complex markets and current events
Florida legislature passed bill to increase homestead exemption to 250,000 dollars. This removes property taxes on first 250,000 dollars of assessed value for primary residences. Measure goes to voters in November and needs 60 percent yes vote to pass. Higher value homes and non primary properties still pay taxes. Called one of biggest homeowner tax …
🚨 JUST IN: The full Florida legislature is about to vote on PASSING Gov. Ron DeSantis' abolishment of property taxes for most primary homeowners The homestead exemption is SWIFTLY raised to $250,000 and scheduled for full termination 🔥 DeSantis says Florida has so many funds… pic.twitter.com/q5NoBniNzj — Eric Daugherty (@EricLDaugh) June 2, 2026 What the …
via mattjouff I will preface this by saying: I have absolutely no data on this, I am simply going on logic on anecdotes, but I am interested to see if anyone else has stories or experiences that corroborate this. Here is my thesis: There is a growing silent pile of over due maintenance across US …
Housing markets don't all of a sudden crash. First they freeze. No one buying, more and more sellers slowly piling up. Why does this take place? Because home owners are broke morons with 90% of their net worth in something they didn't earn, didn't "invest" in….. They… pic.twitter.com/7lLefputWI — Darth Powell (@VladTheInflator) April 24, 2026 …
🚨 BREAKING: The Florida State House just voted for a constitutional amendment ABOLISHING all non-school property taxes for Florida homeowners It would be placed on the ballot for Florida voters in 2026 if approved by the Senate. Vote: 80-30 pic.twitter.com/BbtX71Kzfs — Eric Daugherty (@EricLDaugh) February 19, 2026 Factcheck: The Florida House of Representatives did vote …
The claim that “New York now forces homeowners to offer their property to the government or NGOs before selling” isn’t true. The new rule only applies to certain distressed rental buildings in New York City, not regular private homes. Owners still get to sell on the open market after nonprofits get a short first-look period. …
You WILL OWN NOTHING, and BE HAPPY. https://www.youtube.com/watch?v=tf20qYPoXtE
Mortgage rate buy downs were the preferred method of home builders to offer incentives and discounts on properties over the past few years to get them sold without actually lowering the price. However, fast-forward to today, not only are home builders offering mortgage rate buy downs, but they’re also offering price reductions and people who …
A Florida lawmaker is pushing to eliminate homeowners associations in the state after calling them a ‘failed experiment’. HOAs have been stirring up controversy in Florida, where residents are becoming frustrated with steep fees, strict rules and rigorous enforcement. As tensions continue to rise, State Rep. Juan Carlos Porras (R-Miami) is fighting to abolish HOAs …
Authored by Mike Shedlock via mishtalk, Our Insurance went up by $2,000. Then another $2,000. Here’s our story. Fire and Flood Insurance Is Missing, Not Just Understated Is home fire insurance a part of the CPI? This index includes contents coverage for both renters and homeowners, as offered in standardized policies. However, it’s important to note …
California just pulled the rug out from under HOAs. What used to be $500 fines a day for something like the wrong door now tops out at $100. Late fees and interest? Dead. Homeowners got a power shot with new rights to dispute violations and block punishments if they fix the problem. This isn’t a …
Mortgage rates are falling. Home price growth is slowing. But the market is not recovering. It is unraveling. “The median U.S. asking price rose just 2.3% year over year… one of the smallest increases in two years.” https://www.redfin.com/news/housing-market-update-mortgage-rates-fall-price-growth-slow/ “Zillow anticipates a nationwide housing correction of 1.0% over the next 12 months… these 20 cities will …
Trump made a bold tax pitch during a meeting with the Philippine president. He proposed no federal tax on profits from selling a primary residence. The idea mirrors a bill introduced by Rep. Marjorie Taylor Greene called the No Tax on Home Sales Act. Details are scarce but the effects are clear. Currently, single filers …
It doesn’t matter if your mortgage is gone. You’re still not free. If you own a home, you’re still on the hook for a bill that never stops growing. You may think you’ve paid off your house, but the government says otherwise. You still owe them every year just for the privilege of staying in …
Lauderdale Lakes residents are facing an alarming financial burden, with homeowners slapped with staggering liens over minor code violations. Reports indicate that the city has dramatically increased fines, leading to six-figure debts for property owners. This is not just about enforcing regulations. It is a calculated effort to boost revenue at the expense of struggling …
If your mortgage payment is over $3,000 a month, odds are you can’t actually afford the house. Yeah, you can fake it for a few years: stretch the budget, shift some expenses, maybe dip into savings when things get tight. But the walls close in eventually. The pressure builds. The monthly payment becomes a looming …
A rising number of homeowners, particularly first-time home buyers and military members and veterans, are missing their monthly mortgage payments and the number of people who are 90 days delinquent is climbing fast. The housing market is seeing a big uptick in inventory right now as well as a major slowdown in buyer demand. This …
The share of mortgages outstanding with rates below 3% – as close to free money as regular folks could get – has been declining slowly but steadily to 21.3% of all mortgages outstanding at the end of Q3 2024, from the peak in Q1 2022 (24.6%), according to the Federal Housing Finance Authority’s National Mortgage …
These buyers made a huge financial mistake and eventually they face a choice: Either suck it up and keep paying the mortgage for 30 years, get foreclosed on, or just decide to walk away from the house. People bought houses they couldn’t afford. This is how we got here. https://t.co/7xxM0rEPPp — QE Infinity (@StealthQE4) November …
Homeowners all deciding to sell at the same time pic.twitter.com/56afqLYSfE — Darth Powell (@VladTheInflator) September 23, 2024 Blackstone taking a $75,000 loss on a house they bought in 2022. Original purchase: $490kCurrent List Price: $415k 15% haircut in two years. Probably not a good sign for home values in Florida. pic.twitter.com/C49sLqFEwJ — Nick Gerli (@nickgerli1) …
Original call that had cops show up was a noise complaint from a neighbor. Listen to this POS cop tell the woman as he is standing in her house, that he is not in her house, and he goes on to tell her because he is in her house that he in fact “owns her …
Municipalities break down the changes as several towns adjust outdated property tax rates and rising town budgets.
TAMPA, Fla. (WFLA) — Sen. Rick Scott (R-Fla.) introduced a bill Wednesday that would provide homeowners a tax deduction on home insurance premiums. Scott said the Homeowners Premium Tax Reduction Act would provide a tax deduction of up to $10,000 for premiums paid annually for homeowners insurance at a primary residence. In a prepared statement, …
