February 27, 2015

Thursday's Daily Pulse

What you need to know about Florida today

| 11/8/2012

› Million-dollar residences selling faster
The resale market of residential properties priced $1 million and over is steadily growing, with prices on the rise due to decreased inventory and an increase in buyers.

› Bloomin' Brands, Outback parent, reports loss due to IPO costs
Tampa's Bloomin' Brands Inc, parent of Outback Steakhouse, Carrabba's Italian Grill and three other restaurant chains, reported improved revenues of just under $953 million in the quarter ended Sept. 30. But the company also posted a nearly $36 million loss in net income.

› How Hispanic American museums stay afloat during hard times
Museums that curate and showcase the cultural and artistic contributions of the Hispanic American community were not impervious to the financial meltdown of 2008, but three museums that specialize in Latino culture have managed to stay afloat thanks to hard work and creative financing.

› Miami-Dade vote totals won’t be tallied until Thursday
Don’t expect election results from Miami-Dade County anytime soon. The county’s beleaguered elections supervisor told reporters Wednesday night that her employees, still processing thousands of absentee ballots, won’t finish until Thursday.

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Rising Rents
Rising Rents

A new report from Zillow shows that rents across the U.S. are increasing, and not just in the expected regions of New York City, San Francisco and Boston. 

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Gov Scott has proposed to increase funding to education, and half of those monies will come from property taxes. The debate is: A) is Scott's proposal a tax? Or, B) is Scott just using new monies that would come in because property values are increasing?

  • A) It's a tax
  • B) It's not a tax - only tapping natural increases in revenue

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