A slump could come when people realize that the world has had 8 years of increasing warming (heat) and they begin to realize that Florida is too hot in the summer and has stronger hurricanes. Then they move to the Carolinas.

The Carolinas! Not the coast… for two decades my family vacationed near Cape Hatteras and without fail we’d be driven 100 miles inland (evacuation order) to escape the hurricanes every year. Never had to that here in TV yet.

Good thing the hurricanes never hit the Carolinas...

No local area is immune to a deep recession. (if it happens)

The summer heat in TV Land is the consistent problem. Hurricanes will affect the Florida coast more than here. But, remember our property insurance will go up as the coasts get hit by hurricanes. We here will have stronger thunderstorms, more lightning, and more humidity in the summer. Just miserable weather even IF we do NOT get hit by hurricanes.

your statement is irrelevant to my post.

I was explaining to the poster...... it doesn't matter if the assessed value goes down or not (more or less)........the county calculates the tax revenue need and will tax properties accordingly.........no matter what the assessed value is currently.

Um ya, but assessed value had nothing to do with the actual lowering of the tax mileage rate. Sumter County lowered the millage rate from 6.7000 to 6.4309, a savings of $39 for a home with a taxable value of $145,000, Hey that was almost 500 bucks back in the pocket with the tax cuts. It will pay for a dinner at La Cuisine or Stirrups.

Has nothing to do with my post.

:loco::loco:

Lol, you would argue with a wall if you could. Enjoy your evening, I know I will. Peace out dude.

Based upon original purchase price of your home. On bright side, if you have a homestead rate of increase is capped.

Florida is hot in the Summer?

Wow! I'd never though of that!

Relative to economists at Moody's Analytics (which expects national home prices to fall 4.2% in 2023) and Fannie Mae (which expects national home prices to fall 1.2% in 2023).

Among the 400 largest regional housing markets tracked by Zillow, 182 remain below their 2022 peak price, while 218 markets, as of March 2023, are back to (or above) their 2022 peak price.

Among the down markets, the majority are located in the Western half of the country.

I was hoping for that new UF training hospital they were building south of 44 but put it on hold. Apparently doctors don’t want to train in “certain states” now.

As someone who was born and raised here in Leesburg. The temperature is most definitely hotter now than it was.

News at 11.