Tallahassee Real Estate News
Tallahassee
Governor DeSantis Supports Ending Property Taxes in Florida
Florida Gov. Ron DeSantis recently voiced his support for eliminating property taxes in his state, a move that would make Florida the first state in the nation to do so if successful. However, critics argue that property taxes are a crucial funding source for local governments.
Multifamily Property Sector in America Rebounding
CBRE's latest research highlights a strong recovery in the U.S. multifamily market during late 2024, fueled by declining vacancy rates and robust demand.
U.S. Residential Foreclosures Dip 10 Percent Annually in 2024
According to ATTOM's Year-End 2024 U.S. Foreclosure Market Report, foreclosure filings--comprising default notices, scheduled auctions, and bank repossessions--were reported on 322,103 U.S. properties in 2024.
More Americans Opting for Renting Over Homeownership in 2024
According to new research by CBRE, the rising cost of homeownership is prompting more Americans to opt for renting. On average, monthly mortgage payments for new homes are currently 35% higher than apartment rents, creating a significant affordability gap.
