Page 16 - Palm City Spotlight - February '22

Page 16, Palm City Spotlight

real estate

Treasure Coast Real Estate income tax savings by being a Florida resident. people. Arizona picked up 93,026. Idaho had the fastest
Report While showing another California client a home, annual population increase in the nation.
Thinking back to my California and New York clients
he commented that he couldn’t wait to get out of San
Francisco. He lamented that the major cities in California over the past year, only one seemed to be on the far right
Are People Fleeing “Liberal” High Tax States have become cesspools and that he was tired of the liberal as far as politics. Everyone else, myself included, is pretty
Feeding The Real Estate Frenzy In Florida? governments that made them that way. much middle of the road.
Are people really fleeing the so-called Blue States for What does this trend mean for sellers? Unless there is
By Jim Weix the commonly called Red States? It would seem so. a dramatic shift in politics, Florida will remain attractive
Being from Wisconsin, I I didn’t think much of it, until I started researching it. to a certain segment of the population for something other
just assumed people moved Between July 2020 and July 2021, approximately 352,198 than sunshine and no state income taxes.
to Florida for the warm residents of New York State migrated for warmer winters, However, I would still advise putting the MAGA hats
winters. lower taxes, and apparently a less liberal government. The and Biden posters in a closet when putting your home on
No longer having to pay District of Columbia lost 2.9 percent of its population and the market.
state income taxes is also an California lost 367,299 people. Illinois, another liberal Jim Weix is a broker associate with The Keyes
attraction for many buyers. state, saw an out-migration of 122,460 people. Company. Jim has 24 years of experience selling real
Along with the common Many of these people are moving to more politically estate full time. If you have questions or want the services
“up north” buyers, on the conservative states. Texas picked up 170,307 Americans of an experienced expert, you can reach Jim at (772)
Treasure Coast we have migrating from other areas. Florida picked up 220,890 341-2941 or jimweix@jimweix.com.
always had the migration
of people from Miami, Fort Lauderdale, and West Palm art Happenings
Beach. In most cases they are trying to escape high crime
rates and traffic congestion. The fact that they could buy
a home in St. Lucie County for half the price of one down
there didn’t hurt either. Women Supporting The Arts contributions go directly to the pool available for grants. All
It wasn’t until I sold a home to a California buyer, that decisions about allocations are made by WSA members.
I realized we have another class of buyer. These are the Award 2021/22 Grants The recipients and amount of grants received were:
buyers trying to escape the liberal political environment • Atlantic Classical Orchestra – $ 2,000
and resulting high taxes. One wealthy California client By Jackie Holfelder • Jane Lawton Baldridge for Glimmer: Immersive
told me that he would pay for his million-dollar Martin Women Supporting the Arts Illumination – $ 1,315
County riverfront home in five years with just the state (WSA), a giving circle of MartinArts, • Florida Arts and Dance – $ 2,375
recently announced the
• Martin Artisans Guild – $ 2,000
Your ad names of its 2021/22 grant • Creek Arts District – $ 1,515
• ACT Studio – $ 1,225
recipients.
could be here! The mission of the nonprofit is to build a community of • Treasure Coast Classical Guitar Society – $ 1,550
• Treasure Coast Community Singers – $ 2,000
philanthropists who inspire, educate and encourage women
• Treasure Coast Music Teachers Association – $1,800
to strengthen the arts and cultural environment in Martin
Call County. • Treasure Coast Youth Symphony – $ 2,500
Some grants support initiatives that spur artists to
Chair of Women Supporting the Arts is Linda Prange and
561-746-3244 follow their dreams while others provide the seeds to chair of the Grants Committee is Kimberly Perron.
For more information, visit www.martinarts.org/support_
present programs of the highest quality to residents in our
community.
Photo provided by MartinArts
Each year, 90 percent of funds generated by dues and other us/women-supporting-the-arts.