Good deals to be had in Nevada?
February 16, 2007 by admin · Leave a Comment
Good news for boomers thinking of moving to Vegas or other parts of Nevada. Sounds like there might be some great deals right now and for the foreseeable future.
Read:
Nevada Shows Biggest Drop in National Housing Slump - KRNV-TV - MSNBC.com
Baby Boomer Home @ International Builders’ Show (IBS)
But today, I want to share with you the IBS Show Village “Baby Boomer” home, built by Nationwide Custom Homes.
From the show brochure:” About 78 million Baby Boomers looking for value along with luxury, space and comfort may find it the the likes of this home by Nationwide Custom Homes. This 4,568 Square foot beauty showcases a first-floor master suite with double spa tub and a second-floor family space built around a game room, office and home theater.”
Looking at it, and even standing in it, you’d never guess that this was a modular home built primarily in a factory and assembled on site. It was very impressive.
I’ll add interior pictures to this post when they are available. For more info: http://www.housingzone.com/index.asp?layout=noclamp&articleid=CA6334780
Florida Real Estate Taxes: Help on the way?
February 7, 2007 by admin · Leave a Comment
Boomers who are thinking of moving to Florida but have hesitated because of the rising price of property and subsequently the higher real estate taxes, may get some much needed relief soon. Governor Charlie Christ recently announced several proposals for Florida property tax reform. Among them:
• Doubling the Homestead Exemption from $25,000 to $50,000.
• Make the Save Our Homes cap portable statewide, meaning that Florida homeowners can take their current tax rate with them when they move.
• Place a cap on property taxes for businesses and landlords of the lesser of three percent or the rate of inflation. This is similar to how the Save Our Homes legislation currently protects homeowners.
• Exempting small businesses from tangible personal property taxes.
Most impacted by these proposals are local governments who would have to trim the fat and possibly a whole lot more from their budgets because of a lower property tax increase each year. Their budget will still grow, just not any faster than three percent per year. For some local governments this may not be enough to keep up with rapid growth.
We will all have to stay tuned to see whether Florida voters approve these proposals in a special election in 2007. Then, it will probably take a couple of years before we are able to determine how exactly these measures are impacting Florida property owners and local governments.
You can keep your eye on major developments of this issue by visiting the “Florida Resources” page at floridaforboomers.com
