School Property Taxes Expected to Increase

School property taxes in Florida are expected to increase 1.3% by next year, signaling an increase in property values. This is one of the most promising signs of recovery in the Florida housing market.

Property appraisers and real estate agents are already seeing signs of improvement in the housing market. Appraisers for the downtown Miami area have seen property values increase over 12% this year over last year and higher income neighborhoods like Coral Gables are already seeing higher property taxes.