If you’re living in Florida, you probably already know how great it is.
Real estate attorney Justin Clark agrees. And while prices for homes are soaring across the nation, Florida remains in a great spot.
Clark named just two of many reasons Florida is a great spot to live:
- There are no state income taxes.
- Average property taxes are somewhere right in the middle, in relation to the nation. And they’re much less than some states that also have a state income tax.
“Yes, prices have gone up, but if you look at the national average, Florida is 24th -- right in the middle. Yet, we have beaches, we have beautiful weather,” Clark said.
And while all of that is great, he acknowledges that for average working-class Americans, it’s not necessarily the total dollar amount for a home that is a deciding factor -- it’s what that monthly payment comes down to.
In the video above, Clark explains how you can save money on your monthly mortgage payment.