Candidates Back Plans To Corral 'Moving Tax' (CBS 4 Miami) South Florida homeowners who took advantage of high real estate prices to sell their home and trade up, or sell their home and cash out, discovered the downside of the hot real estate market; shockingly high taxes on their new homes. Now, two candidates for Governor are proposing a way to help.
S. Florida, kiss the seller's market goodbye (Miami Herald) January existing-home sales plunged in South Florida as the real estate market continued to shift from go-go to so-so. Real estate agents sold 36 percent fewer Broward County houses than they did a year ago, and year-over-year sales dropped 28 percent in Miami-Dade, according to the Florida Association of Realtors.