Nicole Friedman
Appearances
WSJ What’s News
Why Florida Is Considering Getting Rid of Property Tax
A few years ago, when rates shot up from 3% to higher than 6%, that really, really shocked the market. And buyers couldn't let go of what they could have afforded with 3% rates compared to what they could afford with rates at 6% or 7%. It was such a dramatic increase. that really spooked people. But now it's been a couple of years and rates have been hovering in this 6% to 7% range.
WSJ What’s News
Why Florida Is Considering Getting Rid of Property Tax
And so a lot more buyers have just realized this is the reality right now. And because they have their own life situations, their own needs to move, some people are just saying, well, that's where mortgage rates are and I have to bite the bullet and make a purchase anyway.