Housing buyers await tax rollback
Saturday, May 5th, 2007Real estate agents across South Florida kept pointing to this week, hoping state legislators would revive the housing market with a bold plan to fix the property tax crunch.
But now that legislators have pushed off the tax talk until June, dispirited agents say they have little hope of salvaging the spring selling season as they face at least another month of soft sales.
“It’s just terrible what they did,” said Bob Melzer, an agent for Prudential Florida WCI Realty in Boca Raton.
Melzer said he lost a deal Friday when a potential buyer decided to wait until the property tax issue is settled. Similar stories are common throughout the region.
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