The cost of home ownership in the Keys has improved during the last year due to an organization called "Firm" and the state legislature.
"Firm" was a grass roots organization which was formed to stop the escalating cost of Windstorm Insurance. The bottom line is it took on the state run insurer of last resort for Windstorm coverage and the result was large reductions in premiums via rate roll backs. "Firm" is still actively working to prevent future out of control rate increases.
The state legislature recently took on property taxes. The results are mixed but there will be a rate reduction for Homesteaded property.
The battle isn't over regarding insurance cost or real estate taxes but the results so far are positive for homeowners and those thinking of purchasing in the Keys.
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