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Lynn Wilber GRI, E-PRO Naples Florida Real Estate

Two Days After Tropical Storm Fay

The day of the storm found me trying to catch up blogging and wade through my tons of paperwork. I had a contract come in on my 500 Lambiance CIR #201 the day before the storm! I did manage to get out to take this video of the storm in my community in Pelican Bay. Make sure to turn on your sound so you can hear the wind!

The day after the storm I headed to the beach at Pelican Bay. The restaurant was open and the trams were running. The beach had taken a pounding but still looked great!

Beach at Pelican Bay the day after Tropical Storm Fay

The strong waves did not deter one person from windsurfing at the beach!

Windsurfer Enjoys beach in Pelican Bay the day after Topical Storm Fay

I wish you could have seen the colors of the sail against the sky!

Pelican Bay had a number of downed palm fronds and branches but all is well after TS Fay!

Florida Property Tax Reduction Wins

The property tax cut amendment that was up for a vote yesterday passed the Naples Daily News reported in this morning's newspaper.

Homesteaded FL residents will see their $25,000.00 homestead exemption increased. Homesteaded residents will also be able to take up to $500,000 worth of Save Our Home benefits to a new residence. This feature of "portability" of the Save Our Homes benefit is what a number of current home owners have been waiting. When faced with downsizing or increasing the size of their current home, many Florida residents have put home purchases on hold waiting to see if this portability issue would pass.

Non-Homestead property owners under this new amendment will get a 10 percent annual assessment cap on their property taxes.

Will this property tax amendment help increase homes sales? I believe that there is a large segment of homesteaded owners in the Naples area that have owned for a period of time and have been waiting for this amendment to pass. These owners, I think, will now want to buy a larger or smaller residence in Naples. They understand that while they might not realize what they could have received for their homes in the heat of the market, there currently is a wide selection of homes to choose from and a number of good buys on the market today.

Sail boat in Pelican Bay