Economy
New study projects sea level rise to drain Florida’s financial future
One million Florida properties are projected to become chronically flooded: properties that today fund nearly 30% of local revenues for more than half of the state’s municipalities, according to a new study conducted by researchers at Cornell and Florida State Universities. Read More.
Is there a maximum rent increase in Florida? Which cities have the highest rent prices?
There are 3.9 million less affordable homes available to Americans now than there were 10 years ago, according to the Harvard Joint Center for Housing Studies’ latest report on the state of the country’s housing situation. Read More.
See where South Florida ranks among US cities most impacted by inflation rates
These are the five U.S. metropolitan areas with the highest inflation increases, according to WalletHub. Read More.
DeSantis planning to increase Florida sanctions on Iran
Florida Gov. Ron DeSantis (R) announced Tuesday that the state would be increasing sanctions against Iranian businesses after the country celebrated the attacks on Israel conducted by Palestinian militant group Hamas that have left more than 1,000 people dead. Read More.
Palm Beach County Clerk Abruzzo Orders $25 Million in Israel bonds
Palm Beach County is first county in the U.S. to boost financial backing as Israel declares war Read More.
Some Florida residents seeing lower insurance rates, but there may be a catch
'The caveat is that may not be the end game when they get their renewal,' Robert Norberg says Read More.
To Infinity and Beyond: How Space impacts Florida's economy
The Space Coast saw more than 50 launches this year, and is on pace to set yet another record. Read More.
Florida increasing in personal income while California declining, data shows
The Bureau of Economic Analysis’ 2022 data shows that states such as Florida, Tennessee and Texas are growing in average personal income, while places such as California, New York and Illinois are decreasing. Read More.
This week might be the best time to buy a house this year
October 1-7 is traditionally the best time to buy a house. Will that be true this year? Read More.
More bad news for Florida homeowners’ insurance market. Another company to stop renewing
Get ready for more insurance madness. Progressive is ‘rebalancing’ in Florida by non-renewing about 100,000 home policies. Read More.
Florida beats out New York on list of most valuable real-estate markets
In a report by Zillow, experts ranked the top states with the most valuable housing markets in 2022 — and Florida managed to come out just above New York. Read More.
Boosting Florida's Economic Growth Wave With “LatinTech” Founders
Florida has long been a hub of economic activity and innovation. With its diverse population and thriving tech ecosystem, the Sunshine State is primed for continued economic growth, especially in the technology sector. Read More.
Your taxes: Palm Beach County cuts tax rate cut by 4.6%, the largest since Great Recession
County commissioners Tuesday cut the tax rate by 4.6%, enough to avoid an increase in county taxes next year for most residents whose homes are homesteaded. The only larger percentage cut in the past 31 years was during the Great Recession in 2008. Read More.
Despite minimum wage increase and growing Florida economy, many workers are struggling
Experts say not all workers in the labor market are benefitting equally from high job growth and low unemployment in Florida. Read More.
Rent Growth Normalizes as Florida Faces Prolonged Affordability Crisis
Renters across Florida are faced with a prolonged affordability crisis despite rent growth having returned to normal, according to researchers at Florida Atlantic University and two other schools.
Read More.
