Economy
South Florida buyers need to earn over $150,000 to comfortably afford a home in 2024: report
US home shoppers need to be making more than $106,000 to comfortably afford a home in 2024, while South Florida buyers need to be closer to $150,000. Read More.
Brightline station likely to increase property values in and around Stuart
Families from Palm Beach County to the Treasure Coast are getting priced out of their homes, and prices could rise again as Brightline plans to build a stop in Stuart. Read More.
Miami keeps leading the nation as the area with highest inflation rate
A new study shows that the metropolitan area that makes up Miami-Fort Lauderdale-West Palm Beach is the most affected by inflation. Read More.
Florida exceeds 25,000 manufacturers in state, TaxWatch report finds
While Florida ranked 12th in the U.S. for manufacturing GDP, the report details areas that still need improvement. Read More.
Florida receives strong January jobs report, hospitality grows in face of E-Verify law
Florida received another strong economic report for January 2024, doubling the national private sector growth rate and remaining below the national unemployment rate for the 39th straight month. Read More.
Florida lawmakers pass Citizens Insurance changes
Continuing efforts to shrink the state's Citizens Property Insurance Corp., the Florida House on Thursday gave final approval to a bill that could lead to at least some second homes moving from Citizens into the private insurance market. Read More.
Florida passes $117B budget on final day of legislative session
Lawmakers often save the most important issue for the final day of their annual session. This year in Florida, that meant raising the age for strippers to 21. Read More.
Meat Institute argues cellular agriculture ban will hurt Florida's food economy
The nation's top meat packing association said a ban will hurt, not protect, Florida's meat market. Read More.
Florida condo market takes a tumble in past year
All of the largest Florida city markets saw a decrease in condo median prices. Read More.
Florida TaxWatch report: Average Florida rental rates fell slightly in past year
While the decrease in most rental markets in the state is welcome news, TaxWatch warned rental rates are still inordinately high. Read More.
Florida Bill Prevents China from Buying-Up Land
Last year, the Florida Legislature passed a law banning foreign investors from specific countries from purchasing land that is agricultural or near critical infrastructure like military bases. Read More.
Florida car insurance premiums expected to rise again in 2024
Rates on car insurance are expected to rise again this year, but not as dramatically as they did in 2023, according to insurance website Insurify. Read More.
Walt Disney World has raised ticket prices for 2025
Walt Disney World has put 2025 tickets on sale, and prices for many tickets have gone up from 2024 pricing. Read More.
Return of MLB spring training brings tourism boom to Arizona, Florida
Major League Baseball's spring training is underway with fans flocking to Arizona and Florida to watch their favorite teams compete in the Cactus League and Grapefruit League. Read More.
State economists: Rebooted gaming compact to give $344M boost to state coffers
Florida could net $4.4 billion over the next six years, if the courts continue to uphold the compact. Read More.
