TALLAHASSEE, Fla. – Oct. 30, 2007 – It’s voters’ turn: The Florida Legislature passed property tax reform and a proposed amendment will appear on the January ballot. The amendment offers moderate relief for homeowners and slight relief for commercial property, but it does not go as far as an earlier House proposal. To become law, the proposal must still receive 60 percent of the votes in the Jan. 29, 2008, election.The vote went down to the wire. Had the House and Senate not agreed by today, it would have been too late to get it on the January ballot, postponing any kind of tax relief.“We are pleased the Legislature understood that missing the deadline for a January vote of the people was not an option,” says the Florida Association of Realtors (FAR) President Nancy Riley. “Tax reform is necessary to stimulate our economy. To put tax relief off to November 2008 would have been devastating to our state.”The discussion included a number of considerations and not all made it into the final version. A complete breakdown of the individual considerations and how they fared in the final tax proposal is available in chart format at www.floridarelators.org under “What’s New.” Highlights of the passed legislation include:• Double the homestead exemption, but only for homes valued at more than $75,000 and not for school taxes• Allow owners of homestead property to transfer up to $500,000 in Save Our Homes benefits, including school taxes, to a new home• Impose a 10 percent assessment cap on non-homestead property for the next 10 years. The cap does not apply to school taxes. After 10 years, voters will have the option to restore the 10 percent cap• Allow businesses to exempt $25,000 in taxes paid on computers, office equipment and other personal propertyWith the deadline at hand, lawmakers had to quickly agree, and the final package represents a product that everyone could accept. The House, however, emphasized repeatedly that it would continue to work on property tax reform during the Legislature’s regular session next year, an opinion echoed by FAR.While in favor of portability, FAR worries about including a portability provision without also adding some kind of relief for first-time homebuyers, a move promoted heavily but one that did not make it into the final version. Without any kind of first-time homebuyer protection, the U.S. constitution’s “right to travel” provision could be the basis of a court challenge.© 2007
FLORIDA ASSOCIATION OF REALTORS®
Wednesday, October 31, 2007
Proposed Tax Relief
Monday, September 24, 2007
Current Listing Report
There are currently 21 homes for sale here in The Shores with 1 under contract priced from $295,000 to $500,000. At this current rate we have a 3 year supply of Homes.
There are 14 Condominiums for sale and 1 under contract in The Preserve priced from $214,000 to $399,000. At this current sales rate we have a 2 year supply of Condominiums.
Average sales price of a Condominium in The Preserve has dropped from a high in 2006 of $311,000 to a low of $225,000 in 2007.
Average sale price of a home in The Shores has dropped from a high in 2006 of $438,000 to a
low of $322,000 in 2007.
BERNIE EAST
AMERIVEST REALTY
239-248-1966
YEAR ROUND RESIDENT IN THE SHORES
Thursday, September 6, 2007
Open House Sunday 9th September
7552 Berkshire Pines Drive Attached Villa open Sunday 1.00pm to 4.00pm
PRICE REDUCED VERY MOTIVATED OWNER WANT'S IT SOLD WILL ENTERTAIN ALL OFFERS
This Lovely 2+Den 2 Bath Attached Villa with extended Lania, nicely decorated throughout with nice decorator touches both inside and also on the Lania. This home has lots of upgrades Refrigerator, Range, Kitchen and Bathroom cabinets, nine Ceiling fans, Screened front entry door, Humidistat and upgraded R-30 insulation for lower utility costs, the home is complete with storm shutters. This home is situated in a very peacefull and quite part of the Shores.The Gate on Santa Barbara will be open this Sunday Sept 9th 2007
Call Bernie East Amerivest Realty 239.248.1966
Year to date Sales Numbers
Single Family Homes sold by Month in The Shores
January 1 sold - Sale price $335,000
February 2 sold -Sale price $340,000 & $340,000
March 2 sold - Sale Price $409,500 $357,500
April 2 sold - Sale price $250,000 $259,000
May n0ne sold
June 1 sold - Sale price $292,300
July 1 sold - Sale price $350,000
August 1 sold - Sales price $295,000
This is a total of Ten sold 2007 year to date
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2007 Sales Report for The Preserve
January none sold
February 1 sold - Sale price 245,000
March none sold
April none sold
May 1 sold - Sale price $250,000
June 1 sold - Sale price $220,000
July 1 sold - Sale price $225,000
August 2 Sold Sale Price $222,000 $225,000
This is a total of 6 Sold with 1 under contract 2007 year to date
Friday, August 24, 2007
OPEN HOUSE SUNDAY 1.00PM TO 4.00PM
7552 BERKSHIRE PINES DRIVE NAPLES FL 34104
Lovely 2+Den 2 Bath attached villa with extended lanai, very quiet location, lots of upgrades including 9 ceiling fans, upgraded refridgerator ,range, and bathroom cabinets, complete with storm shutters, humidistat, upgraded R-30 insulation for lower utility costs, screened front entry door.
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Bernie East Realtor®
Amerivest Realty
239-248-1966 cell
www.berniesellsnaples.com-
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Wednesday, August 1, 2007
YEAR TO DATE SALE REPORT 2007
2007 Sales of homes and Condo's in The Shores
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Single Family Homes sold by Month in The Shores
January 1 sold - Sale price $335,000
February 2 sold -Sale price $340,000 & $340,000
March 2 sold - Sale Price $409,500 $357,500
April 2 sold - Sale price $250,000 $259,000
May n0ne sold
June 1 sold - Sale price $292,300
July 1 sold - Sale price $350,000
This is a total of nine sold and one under contract 2007 year to date
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2007 Sales Report for The Preserve
January none sold
February 1 sold - Sale price 245,000
March none sold
April none sold
May 1 sold - Sale price $250,000
June 1 sold - Sale price $220,000
July 1 sold - Sale price $225,000
This is a total of 4 Sold with 3 under contract 2007 year to date
For any Questions please call
Bernie East 239-248-1966
Amerivest Realty
Friday, July 27, 2007
OPEN HOUSE SUNDAY JULY 29th 1.00-4.00pm
PRICE REDUCED VERY MOTIVATED OWNER WILL ENTERTAIN ALL OFFERS
This Lovely 2+Den 2 Bath Attached Villa with extended Lania, nicely decorated throughout with nice decorator touches both inside and also on the Lania. This home has lots of upgrades Refrigerator, Range, Kitchen and Bathroom cabinets, nine Ceiling fans, Screened front entry door, Humidistat and upgraded R-30 insulation for lower utility costs, the home is complete with storm shutters. This home is situated in a very peacefull and quite part of The Shores.Bernie East Realtor®
239-248-1966
Amerivest Realty
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