
Lawmakers to begin special session on property taxes
Florida lawmakers begin a special session today to consider Gov. Ron DeSantis' proposal to expand the homestead exemption and establish a path toward eliminating property taxes on primary residences. If approved by lawmakers, the constitutional amendment would go before voters for consideration.
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Tax planning can play a bigger role in long-term wealth building than many realize
Tax planning is often treated as an annual, or quarterly, task tied to filing deadlines, but financial experts say it can have a much larger influence on long-term wealth building if it’s approached as an ongoing financial strategy rather than a last-minute exercise.
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NAR Backs Contractor Classification Changes
A proposed federal rule could reshape how independent contractors are classified under labor law, a change real estate leaders say would provide more clarity and consistency for brokers and agents.
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Mortgage rates rise to highest level in nine months
The average 30-year fixed rate rose to 6.53% this week from 6.51%, while the 15-year fixed rate increased to 5.66% from 5.65%, according to Freddie Mac. Rising borrowing costs continue putting pressure on affordability and monthly payment calculations for buyers heading into summer.
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