By In the know

June 1, 2007 6:55 PM | Link to this

These numbers are taxable values. They include the required 2.5% increase to homestead properties for the Save Our Homes Adjustment, commercial and industrial properties that actually did increase, new construction, and value added back to properties that had been damaged by past hurricanes. Factor all of this in an residential properties didn’t fare too well. Also, these numbers are as of January 1 of this year. What has happened in the market since cannot be reflected until next year. Just because taxable values went up 5% doesn’t mean everyone’s property went up 5%. It doesn’t take a rocket scientist to realize the market in some areas of the county saw values drop substantially. Other areas were flat and still a few others saw marginal increases. You can’t paint the entire county with the same brush. Remember in real estate it’s location - location - location.

By Econ 101

June 1, 2007 6:52 PM | Link to this

Paul makes some good points but is embelishing his facts. People move here at a much higher rate then they’re moving away. I called to check and I can get a U-haul tomorrow one way north.

The difference between the old reporter opinions and this artile is exactly what you point out. The facts from the appraiser.

5% growth is still higher than inflation. Real estate is a LONG TERM investment always was and always will be.

By Paul

June 1, 2007 4:46 PM | Link to this

So these boards are going to be spammed by realtors and government sympathizers, reading their playbook on how tax cuts are going to harm us.

Just do a search on “Florida Counties Playbook” and you will be find the script the government leaders are supposed to repeat to keep property taxes high. Does anyone know the link to a “Realtor’s playbook” where they declare the market is actually on fire; I must have been misinformed by my mortgage broker neighbor that the market is dead.

I didn’t know we were in a slight dip and by next year, all will be booming again! I thought someone reported yesterday that there were no U-hauls available for one-way rental north out of Florida.

After all, it is the PBC tax assessor in the article saying a housing price drop is expected next year, not the reporter.

By BobSound

June 1, 2007 4:43 PM | Link to this

Here is an example why the median is a useless statistic. Say there are 10 homes sold. Sale prices are 150,200,250,300, 350,600,650,700,750,800 thousand. The median is $475,000. Now lets say the market for $350,000 homes dries up. Now only 9 homes are sold. Same prices but no $350,000 homes. The median RISES to $600,000. It looks like home values are going up, but in fact, they are decreasing because there is no one willing to pay $350,000 for a house. This happens because in PB there are 2 real estate markets that are completely un-related. The mediam price can give a false picture of what is really going on.

By Pimping For Vultures

June 1, 2007 4:13 PM | Link to this

The Palm Beach Post is still bashing real estate and PIMPING FOR FORECLOSURE CONSULTANTS so they get plenty of business! With the dynamic duo of DOOM and GLOOM reporters who mis-report and twist everything and anything about home sales into a NEAGTIVE DISASTER in order to SCARE AWAY BUYERS for their buddy foreclosure/distressed property consultants! If you can’t sell your home or condo you can THANK THE PALM BEACH POST for their vicious attacks on real estate! The news media was the biggest cheerleader for the 1990’s stock market but has always bashed real estate!

By What media?

June 1, 2007 4:12 PM | Link to this

WHY does the SunSentinel nearly always scoop the Post with regard to POSITIVE news on issues affecting the RE market? Contrast this article with the one currently posted on Sun Sentinel’s website:

TALLAHASSEE — Touting a major breakthrough toward ending the Legislature’s stalemate on how to cut property taxes, House Speaker Marco Rubio and Senate President Ken Pruitt on Friday issued a three-page letter outlining the framework for how to cut taxes that includes both immediate and longer-term tax relief.

The Republican leaders said there is “excellent progress” over how to make the cuts, which will be based on a formula tied to the amount of tax increases in each city and county over the last five years, along with a cap on future tax income tied to personal income growth.

ww.sun-sentinel.com/news/legislature/sfl-0601propertytax,0,6566678.story?coll=sfla-home-headlines

By tb

June 1, 2007 3:55 PM | Link to this

Well well well. So property values have rien only by a small amount, and in many cases not at all…. people remember you voted these crooks as you call them into office.. Impeach the world it doesnt matter the reality is… Property values were grossly overated in PBC, and in the rest of florida. Why…. Because the demand was there… So why not now.. well look… High taxes are not attractive… high insurance… hig gas prices. Basically the cost of living in PBC is too high for many. Furthermore… all yo usee on the news constantly is the drought and water restrictions in PBC. This is made worse by selfish people complaining that they cant water their lawns. What image does PBC have… Well.. one of selfish people and corrupt Govt. Thats all you see and hear on the news.. PBC Image has got to change. We moved out because of the way in which people treat each other. PBC is not friendly … HOA’s are not family friendly they are tinpot dictatorships.. Also did you know mortgage companies are looking to stop funding homes where their are HOA’s .. A vast are of PBC… Because of the friviolous law suits and rules inplemented by HOA people who have nothing better to do than to make rules up about lenght of grass.

PBC is a laughing stock .. I have Friends around the country and they cannot believe the crime, the negativitity, the power of the HOAs and other dictatorships in PBC… They laugh when they here how good a job Jeb Bush did in florida… they saw it from the out side… and I hear many atime now the only reason to visit florida is the theme parks and whats the best things to come out of PBC… the turpike and I95

By Jim

June 1, 2007 3:53 PM | Link to this

Crazy. There is no way property values went up 5% in 2006. I have had my house on the market for a year at 25,000 under last years assesed value and it’s still for sale. I’m petitioning my tax bill next year for sure.

By Jim

June 1, 2007 3:52 PM | Link to this

Crazy. There is no way property values went up 5% in 2006. I have had my house on the market for a year at 25,000 under last years assesed value and it’s still for sale. I’m petitioning my tax bill next year for sure.

By Jim

June 1, 2007 3:52 PM | Link to this

Crazy. There is no way property values went up 5% in 2006. I have had my house on the market for a year at 25,000 under last years assesed value and it’s still for sale. I’m petitioning my tax bill next year for sure.

By norman

June 1, 2007 3:24 PM | Link to this

i am RE professsional in the Acreage and almost out of business, i have not sold a house in 6 months, will be moving soon

By Bobby Mac

June 1, 2007 3:08 PM | Link to this

I do not believe there could have been an increase of 5 percent form 12-31-05 to 12-31-06.

I think the property appraiser should look again. I for one will appeal my appraised value if it increased. We all should!!!

By You are right

June 1, 2007 2:56 PM | Link to this

I couldn’t agreed more with you

By Property Priest

June 1, 2007 2:51 PM | Link to this

AMEN ! Impeach Bush ! Impeach Nickolits ! BLINKING IDIOTS WITH AGENDAS !!

By What Greed...

June 1, 2007 2:38 PM | Link to this

The officials who impose our taxes and decide how to spend them are like a bunch of greedy self centered first graders. It makes me sick ! IT IS HIGH TIME TO HOLD ALL OF OUR GREEDY AND SELF-SERVING GOVERNMENT OFFICIALS ACCOUNTABLE FOR INCOMPETENCE, SHORT- SIGHTEDNESS, AND CORUPTION. IMPEACHMENT IS A CIVIL RIGHT THAT NEEDS TO BE CALLED INTO ACTION FROM THE VERY TOP ON DOWN ! CAN I GET AN AMEN…

By Karen

June 1, 2007 2:30 PM | Link to this

Divosta closed its doors because they got bought out a few months ago.

By Karen

June 1, 2007 2:30 PM | Link to this

Divosta closed its doors because they got bought out a few months ago.

By whoRUlistening2

June 1, 2007 2:25 PM | Link to this

So you all believe our idiot property appraiser’s opinion about what property is worth ? He is responsible for our current mess. First and foremost, let’s blame the “flipper investors”, and yes ED you are right, they F*&%ed up bad, scooping up every bit of property with dopey dead end loans they knew they couldn’t afford but took anyway because they intended to sell in a year. What a bed they made… results are clear, loan market is a mess, worthless foreclosures everywhere, flooded market driving down prices, MEDIA HYPE ABOUNDS- RESULTING IN PARANOID AND VULTURE BUYERS. BUT THE PROPERTY APPRAISER IS TO BLAME for jumping on the band wagon when the realty market hit it’s obviously over-inflated peak, for raising the market values by double digits to match the sales. WELL GARY, WAKE-UP CALL TIME, THE SALES MARKET HAS ADJUSTED DOWN TO REALITY, BUT YOUR TAXES HAVE NOT. THANKS TO YOUR “QUICK TO JOIN IN THE MARKET INCREASES ATTITUDE”, YOU CAN EXPECT IT TO TAKE 10 YEARS FOR THE REAL INTRINSIC VALUES TO REFLECT YOUR TAXABLE VALUE INCREASES. That in mind, I think even a 5% increase in values is unrealistic. REMEMBER WHO’S VALUES WE ARE TALKING ABOUT IN THIS HEADLINE- THE MORON PROPERTY APPRAISER’S. OUR TAXES SHOULD BE BASED ON REALISTIC ASSESED VALUES, NOT ON OVER-INFLATED, (OR EVEN FAIR NEW), SALES PRICES. This is why residents have stopped buying homes here. I have heard it first hand from numerous Floridians intreseted in buying my home for sale, “We can’t afford to pay $8,000 a year in taxes !”
And the greedy officials who made up new spending budgets based on these over inflated new taxes are crying now they need more money ? How did we ever get by on the tax base of 2003 ? IT IS TIME TO HIT THE RESET BUTTON AND START OVER, RE-ADJUST OUR TAXES TO REFLECT A REALISTIC ASSESED VALUE, NOT THE OVER-INFLATED SALES MARKET OF 2004-05.

By Eric

June 1, 2007 2:21 PM | Link to this

“So while a day like today would usually leave government budget officials calculating numbers on what could be spent,…” …I can’t believe that nobody commented on how spending is set to maximum available collections. NOT what’s actually needed for critical services. We don’t have a tax problem, we have a spending problem!

By John

June 1, 2007 2:18 PM | Link to this

What a bunch of crock. Our properties should be going down, not up. These assessed valued are skewed by the fact only sales are considered. What about the thousands of homes that can’t sell?

Our assessed value should be much lower.

Tallahassee must stop the drunken spending of local government or there will be hell to pay.

By Me

June 1, 2007 2:00 PM | Link to this

Bob: You are right about the median being skewed by higher priced homes, etc. but the logic is off Re: Divosta. NEW home sales are NOT good now; condos, existing homes and higher priced existing homes are fairing better.

IF the Legistlature does it’s job in the next few weeks, things will improve overall, if not? TALLAHASSEE will have a LOT of protestors, and/or refugees to deal with after S.Florida’s economy implodes.

By ajd

June 1, 2007 1:53 PM | Link to this

Median is no skewed by a couple millionn dollar sales, the average price is.

By Still PIMPING for VULTURES

June 1, 2007 1:52 PM | Link to this

The Palm Beach Post is still bashing real estate and PIMPING FOR FORECLOSURE CONSULTANTS so they get plenty of business! With the dynamic duo of DOOM and GLOOM reporters who mis-report and twist everything and anything about home sales into a NEAGTIVE DISASTER in order to SCARE AWAY BUYERS for their buddy foreclosure/distressed property consultants! If you can’t sell your home or condo you can THANK THE PALM BEACH POST for their vicious attacks on real estate! The news media was the biggest cheerleader for the 1990’s stock market but has always bashed real estate!

By BobSound

June 1, 2007 1:38 PM | Link to this

Medium prices mean nothing. A couple of million dollar sales can really skew the results making it seem higher than it actually is. If sales are so good why did Divosta the home builder close it’s PB office today? They said it’s because the market is dead. Maybe they are on to something…

By Me

June 1, 2007 1:26 PM | Link to this

ED THE PALM BEACHER is a credit to his community: The community of “I’ve got mine, you get yours” snobs who lumps people who don’t agree with him into one group which he then labels MORONS…

Got a news bulletin for ya, Ed; the media IS pathetic for passing propaganda as news, real estate or otherwise, AND we have no president (it isn’t capitalized by the way) we have a RESIDENT.

In a mere 12 days we will know just WHAT the legislators in Tallahassee will do with regard to offering real property relief. Even a modest proprosal provinding relief AND SOH PORTABILITY will unstop the bottleneck in real estate - so those of you waiting for the 50% further drop in prices were no more realistic than those who refused to adjust inflated prices.

And please STOP EXPECTING THE MEDIA to do any real reporting! The media is owned by a few MEGACORPORATIONS who work hand in glove with the goverment and 24/7 to KEEP Americans as ignorant as possible.

You have to THINK outside the box an that means not relying on mainstream media for your information -

By Ghost of a Chance

June 1, 2007 1:26 PM | Link to this

Sam -

What figures do you have to show prices dropping by 40% in West Boca?

You are another BS artist who pulls numbers out of his anus.

No matter how the BS artists feed off one another, intelligent people dismiss any pronouncement that has no evidence behind it.

By Meg

June 1, 2007 1:25 PM | Link to this

I think when you factor in the 5% increase this is the high priced properties. There seems to be a big difference down here between rich and middle class. Middle class being 450k-1million. This is were the price of homes are hurting. I am not seeing increases in this market. We are still in a very decreasing price market.

By sam

June 1, 2007 1:07 PM | Link to this

Prices will go down. Appraisers are afraid to use present sales for fear that prices will drop like a rock. In West Boca Houses have dropped 40% in some cases.

By Ghost of a Chance

June 1, 2007 1:04 PM | Link to this

There is no point in arguing logic with a redneck mental retard like ED THE PALM BITCHER.

For the rest of you, here are the TRUE FAR price figures for recent months:

MONTH PRICE VOL

09 06 365,500 655

10 06 365,600 618

11 06 370,400 525

12 06 368,200 607

01 07 388,000 496

02 07 374,000 560

03 07 375,100 725

04 07 376,300 665

Our median price is:

The second highest ever for an April in PBC

Higher than last September, and EVERY month has been higher than last September.

Our volume is:

The highest since last July, with the one exception of last month.

NOW: When Linda writes an article every month claiming prices plunged, what is she doing?

She is trying to treat the YOY per cent decrease as though it were new monthly activity. Hence, in every one of the above months, most of them with rising prices, Linda wrote that “Prices plunged” whatever the YOY per centage was for that month, implying that prices had just moved down in the prior month.

What do we call that? Class?

Lying! That’s right.

And that is why after 11 months of “plunging” headlines, our prices are only off 2.6% from last year, April YOY.

So, you see, if ED had a mentality greater than that of 6 year old, I would explain to him that I am NOT blaming the POS for anything that happens in the housing market. However, I could prove in court 5 days a week that they consistently lie about it.

By Emily

June 1, 2007 12:09 PM | Link to this

Ok, so houses went up 5%, or maybe didn’t at all. So what. I mean SO WHAT. If you are an investor, you’ll need to hold on for a couple more years, if you are buying it’s a great time to buy. Even if you lose a little, its YOUR HOME!!! And if you keep it for a while, it’ll go back up, so what difference does it make? If you are selling the markets soft and it’ll take a while, but you’ll get a better deal on the home you are moving to! I am not sure why buyer’s are scared. I can’t wait to buy some more property.

By Still Pimping For Vultures

June 1, 2007 12:00 PM | Link to this

The Palm Beach Post is still bashing real estate and PIMPING FOR FORECLOSURE CONSULTANTS so they get plenty of business! With the dynamic duo of DOOM and GLOOM reporters who mis-report and twist everything and anything about home sales into a NEAGTIVE DISASTER in order to SCARE AWAY BUYERS for their buddy foreclosure/distressed property consultants! If you can’t sell your home or condo you can THANK THE PALM BEACH POST for their vicious irresponsibility! In addition, the news media was the biggest cheerleader for the 1990’s stock market but has always bashed real estate.

By Dennis

June 1, 2007 11:54 AM | Link to this

No doubt people are afraid to buy with all the negativity in the news, but those who plan to stay in their homes for the next couple of years don’t have much to worry about. In fact, now is a good time to get a great deal, a lot of inventory, and some people need to get out of their houses.

I am ready to get some more investment properties, lease them and in couple years fix them up and sell them. The population will continue to grow as baby boomers retire, the economy continues to grow locally, the land is damn near gone. Add it up yourself. SoFl has a lot going for the near future, and it is still a great deal for people coming from the Northeast.

Prices may have softened but the real hits appear to have been in places like Detroit where properties declined almost 10% (from little to begin with). Places with sour local economies, poor climates, and abundant land will continue to underperform for some time, but SoFl isn’t one of them

By ED THE PALMBEACHER

June 1, 2007 11:53 AM | Link to this

The MORONS are out in full force TODAY!!!Previous posters stating phrases like “media pathetic” “accomplished liars since third Reich” and “doomsday people” proves their lobotomys are working..Those of you who blame the Palm Beach Post for everything are the same idiots who blame the President because it rains today!!Try realtytrac.com and see the hundreds of thousands of foreclosures nationwide, palm beach county at over 11k broward and dade over 25k each and climbing..Sure the stock market climbs and falls, gold prices up and down etc, but the FACT remains the imbeciles who flunked grade school mathematics because they couldn’t figure income to expenses and terms like subprime, o interest and adjustable rate were bypassed by their own stupidity..Now terms like bankruptcy, foreclosure are now a reality..Perhaps now you will wake up morons!!!Remember one simple rule,”LIVE WITHIN YOUR MEANS, MORONS”!!! Good luck you will need it!!!!

By Terry

June 1, 2007 11:47 AM | Link to this

This is Florida and the media has not helped the situation. Florida is a great place to live we have everything anyone wanted without the overpopulation of California nor the earthquakes. So we get a hurricane every so often, who cares… We are Floridians and are used to it and prepare for what is to be expected.

The homes in Florida will continue to increase in value, because places like California with the same weather is maxed out.

By Jane Griffin

June 1, 2007 11:45 AM | Link to this

Lower taxes for SnowBirds…it is the snowbirds that want to buy now and after retirement become full time residents. They are going elsewhere. The joke is that the Homesteaders head out for the summer along with the snowbirds so are not in residence to spend any money on services. I am a snowbird in residence for 7 months a year, longer than my homesteaded neighbors. Tax Equality is essential!

By figure it out

June 1, 2007 11:43 AM | Link to this

Your right finnagan, the whole deal it crap,all this stupid information from the national associations of realtors is national stastistics , nothing to do with us…I am a Raltor and their is no fu#*#&ing way property went up 5%, somebody is smoking crack because that is NOT true at all , property droped 10-15% average but they don’t want to freak everyone out that the home they bought last year or the year before acually lost money…I have a cusumer I called after their purchase and said how is everything , the answer was besides losing 25,000 in value, its ok…..so don’t believe half this crap they are feeding you….

By Bridget

June 1, 2007 11:38 AM | Link to this

The Real Estate Boom is over for Palm Beach County. The prices of homes have been “overinflated” for a long, long time and what we are seeing now was only bound to happen. No one should be surprised. Everyone jumped on the bandwagon between 2000-2005, and now there is “record” numbers of bankruptcy’s & people that cannot afford to purchase a home, because they are “artificial” prices. There are thousands of homes, just sitting and waiting — and there are NO buyers!

By Black Diamond

June 1, 2007 11:38 AM | Link to this

Palm Beach County Real Estate is over. This scam is as played out as the dot-coms of the 1990’s. What I see is homes on the market for years. I see the association placing lien after lien on houses who can’t even pay association dues. I see foreclosure after foreclosure. No real buyers exist. The only buys have been for full price — wink, wink — no money down, usually a “single women” or “single man” - not families. Can you say straw? But all the straws that broke all the camels backs in the world can help the poor suckers caught in this scheme. Most of them deserve it, anyway. The weather here sucks, nothing to do for the kids, except gang banging and drugs. No North Easterners falling for the RE traps. The only people who can save us are the illegals — go republicans! or Castro’s death — go Fidel! But you already knew that, didn’t you?

By Hello

June 1, 2007 11:21 AM | Link to this

It is unaffordable to live here long term and many people will keep leaving for years. However the home prices out there may be sluggish for a year to two and some people will have to sell for less. Hey this is Florida and homes are going to go for big money always people will always pay for the beach, etc. Sorry but the median price isn’t going to go down to 150K or 200K sure we may have some decreases for a year but the numbers will always be there.

By Bea Kenyon

June 1, 2007 11:08 AM | Link to this

Just wait! Florida IS the place to live and prices will start going up soon. We have the best weather in the world!

By Bea Kenyon

June 1, 2007 11:08 AM | Link to this

Just wait! Florida IS the place to live and prices will start going up soon. We have the best weather in the world!

By Pimping For Vultures

June 1, 2007 10:59 AM | Link to this

The Palm Beach Post is still bashing real estate and PIMPING FOR FORECLOSURE CONSULTANTS so they get plenty of business! With the dynamic duo of DOOM and GLOOM reporters who mis-report and twist everything and anything about home sales into a NEAGTIVE DISASTER in order to SCARE AWAY BUYERS for their buddy foreclosure/distressed property consultants! If you can’t sell your home or condo you can THANK THE PALM BEACH POSTfor their lack of supervision and irresponsibility!

By crazydem

June 1, 2007 10:53 AM | Link to this

Easy? Oh, Easy? Where art thou? Patiently awaiting your Post…

By Scot

June 1, 2007 10:52 AM | Link to this

Its an increase isn’t it?? The media is pathetic, all they have to do is keep saying something and they make it so.

By Nick

June 1, 2007 10:51 AM | Link to this

They should be celebrating that there was at least an increas, although I have not seen an increase in property values anywhere.

By crazydem

June 1, 2007 10:50 AM | Link to this

Trick Question:

Developer builds a house for $250k, lists the house for $550k, sells the house for $450k. Did the developer lose money?

Here’s another favorite one:

Homeowner buys house for $100k, lists house for $450k, sells house for $300k. Did the homeowner lose money?

Altogether now doomsdayers, let’s hear your answer. Maybe Linda Rawls can help you do the math.

Doomsdayers, pick one of the following scenarios for these price “reductions” and “HUGE losses” as you call them:

-armaggedeon -the great depression -Rich R’s broken keyboard -Mike Fink’s rent check bouncing -RCA’s electric company cutting power for non-payment

By Marty

June 1, 2007 10:48 AM | Link to this

Taxes don’t have as much to do with the house bust as does, out of control prices compared to income levels and out of control building that didn’t equal consumption.

By Paul

June 1, 2007 10:47 AM | Link to this

Homes in my neighborhood (older, 1965ish homes) have continued to sell pretty well and for higher and higher prices. Perhaps the disconnect is that newer homes (post 2000) have dropped while older homes have adjusted up a bit?

Prices are still very high, and I’m glad we bought 2 years before to boom peaked and while our neighborhood was still quite undervalued. What we paid $170k for is $300k+ even at todays ‘lower’ prices (if I look for something comparable via the MLS). I don’t know how new buyers can do it. My monthly payment would jump from $1700 (PITI) to over $2600 (PITI) if I just rebought my existing house.

By Ghost of a Chance

June 1, 2007 10:41 AM | Link to this

Only the Palm Beach POS can turn rising property values into a disaster.

Most areas of this country would give their heart and soul for a 5% rise in property values in any given year. Have you checked what a house costs in Akron, Ohio? Or Memphis Tennessee? Or Syracuse, New York? Or Camp Hill, Pennsylvania?

Where is the real estate decline that the Post has been decrying for a year?

And how is it that after 11 straight months of Post headlines that claim “Prices Plunged This Month,” our median sales price on a single family home in PBC for April is 2.6% less than last April YOY? Where did all that plunging go?

You people are the most accomplished liars since the Third Reich.

There is truly something sick about the whole lot of you.

By steve cassendra

June 1, 2007 10:38 AM | Link to this

up 5% - gotta keep stealing the peoples money, the guberment knows what is best and how to properly spend YOUR money.

lets see, my builder was selling a model for 550,000 in the summer of 2006, today he is listing the price for 420,000 that is more like a 25% REDUCTION !!

By Wallace

June 1, 2007 10:38 AM | Link to this

Why did property values rise at all?

By Rianna

June 1, 2007 10:30 AM | Link to this

Surprise, surprise!

Why do some insist that it won’t get worse??? WORKING people cannot afford the mortgages for these homes, if the prices don’t go down…who will by the homes? Property values went WAY to high…people are too greedy. Forget it…it’s over…if you want to sell your home, lower the price!!!

It’s not rocket science…

By Rianna

June 1, 2007 10:29 AM | Link to this

Surprise, surprise!

Why do some insist that it won’t get worse??? WORKING people cannot afford the mortgages for these homes, if the prices don’t go down…who will by the homes? Property values went WAY to high…people are too greedy. Forget it…it’s over…if you want to sell your home, lower the price!!!

It’s not rocket science…

By PBC Voter

June 1, 2007 10:23 AM | Link to this

The 5.1% increase is “lower than what many predicted”?!?

Where have those “many” been living?

Heck, it may not be long before property values go back to 2003 numbers on their own.

What will it take to get city and county leadership to accept reality and comprehend that the days of spending taxpayer money like druken sailors are over?

By MikeG

June 1, 2007 10:11 AM | Link to this

It’s funny to here all the suckers out there buying into the politicians ploy of “tax relief”, when in fact it is only going to save the average home owner a mere $200. Hope that is worth closing county and city parks as well as laying off Firefighters and EMT and not hiring anymore deputies for our gang filled streets. But as long as it makes ole Chain gang Charlie look good and doesn’t move his hair all is good!

By NoWay

June 1, 2007 10:08 AM | Link to this

No Way… Property Values actuallywent up? What gives? I thought the everyone (including the Post) said the sky was falling… Oh no, my rent is due… Gotta go.

By Unbelievable

June 1, 2007 10:05 AM | Link to this

Even positive growth news getts slanted negatively by the Post. Its going to be interesting to see how the Post is going to squirm out of their dooms day predictions when housing values actually don’t show a decline but mere modest increses of 5-8% as a normal RE market is poised to do… I hope all you negative dooms day people that are hoping to bring the market down so you can get out of your mobile homes learn something… Pathetic.

By dareg

June 1, 2007 10:04 AM | Link to this

What do you mean “a mere 5%???” Properties on Singer Island, have seen recent sales DROP by about 10%; how can the property taxes rise against this situation? Gov. Crist: Get to work and get us real property tax relief….NOW!

By dareg

June 1, 2007 10:04 AM | Link to this

What do you mean “a mere 5%???” Properties on Singer Island, have seen recent sales DROP by about 10%; how can the property taxes rise against this situation? Gov. Crist: Get to work and get us real property tax relief….NOW!

By PBC Resident

June 1, 2007 10:00 AM | Link to this

WOW. Prices are up 5%? Then why is inventory at a record high? Why can’t people sell their houses at prices 10% less than last year?

What a slap in the faces of residents. Their home prices are crashing down and their taxes are crashing higher.

By jay finnegan

June 1, 2007 9:58 AM | Link to this

This is article is just crap……i don’t know anyone who’s property value didn’t drop at least 5%-10%….the county and cities will use this to justify not lower the assessed values of all properties….

By John D.Grossi

June 1, 2007 9:55 AM | Link to this

What a surprise!Property values are in a slump.Do ya think it has anything to do with outrageous taxes?