Florida’s three largest counties, Miami-Dade, Broward and Palm Beach, are reporting their first annual increase in taxable property values since 2007.

“Though modest, these gains are a credit-positive indicator for local governments in a state that has been plagued by precipitous declines in property values over the last four years,” Moody’s Investors Service analyst Dora Lee said in a special report last week.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.