Navigating Florida's Property Market: Insights from Dorothy Jacks
Manage episode 436575501 series 3595700
Get ready for a deep dive into the flourishing real estate market of Palm Beach County with our esteemed guest, Dorothy Jacks, the county's Property Appraiser. Dorothy's intriguing insights into the market's performance, even amidst a global pandemic, are set to challenge the status quo. Brace yourself as we follow the market's unexpected journey, fueled by the rise of remote work, which continues to keep property values high even with decreased transactions.
In the second part of our discussion, we reveal the concealed benefits of filing for the Homestead Exemption in Palm Beach County. Discover how this often-overlooked strategy can cap your property value increase at 3% each year for tax purposes. We also journey through the world of portability benefits if you ever decide to move within Florida. So, whether you're a seasoned real estate investor or a first-time homebuyer, this episode promises a treasure trove of insights that will make you view the South Florida real estate market in a new light. Don't miss out!
Chapters
1. Property Appraiser Discusses Real Estate Market (00:00:00)
2. Real Estate Trends and Homestead Benefits (00:11:07)
3. Homestead Exemption and Portability in Florida (00:19:35)
61 episodes