Florida Realtors has launched a campaign urging voters to approve a proposed constitutional amendment that would change how property taxes are calculated for homeowners and other property owners.

The Florida Realtors trade group is getting behind Amendment 3, the major property tax cut on the November ballot, putting $10 million to support the measure.

“This Week in Jacksonville: Business Edition” host Kent Justice recently spoke with Tim Weisheyer, president of Florida Realtors, the largest realtor association in the United States. He offered a nuanced perspective on what homebuyers and sellers can expect.

After spending more than $2.7 million on a petition drive to create more affordable housing, Florida Realtors are dropping the effort.

Florida Realtors are backing a plan to change the state’s constitution to guarantee more money goes into affordable housing.