Not surprised at this one bit! There use to be a time when property taxes down there were more than reasonable, but not any more. Until the Walton County does something about the high tax rates, property is not going to sale. Who wants to buy property down there and get rapped over property taxes? The county needs to cut its budget by 50% and get property taxes down to sensible levels. The longer they "fiddle fart" around the worse things are going to get!
I promise I am not stalking you, as I replied to you on the Heron/Disney thread earlier. I am curious about why you keep talking about high property tax rates in FL. Property taxes in Texas are double what they are in FL. Are you comparing the rate to AL?