Property Tax Relief

Property Tax relief has been a huge issue, and we expect as Florida citizens a significant break in property taxes for 2007. I am hoping they will heed the advice of most realtors, and that is not eliminate property taxes for primary residents, but roll them back to 2001 or reduce the mileage rate to 1%. I guess it remains to be seen, but we have to do something or more people are going to leave for places like Georgia and North Carolina where the taxes are more like 1/2 of a percent. I also believe this will help with the inventory and the Palm Beach Homes market. I guess we will see.