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May 26, 2018

Wednesday's Afternoon Update

What you need to know about Florida today

| 3/20/2013

Buying beats renting in Florida, nation

Despite rising home prices recently, buying still is a better deal than renting, according to a report from real estate website While home prices plummeted during the housing bust, rental rates increased steadily, in part because of demand from former homeowners who couldn’t qualify for mortgages. More at the South Florida Sun-Sentinel.

Many teachers taking second jobs

The lingering economic downturn and stagnant or even shrinking wages have pushed a growing number of teachers to take second jobs. Some wait tables, bag groceries and tutor to make ends meet. Others sell insurance or makeup, mow yards and coach teams for extra income. More at the Sarasota Herald-Tribune.

Working mothers can be great CEOs

Business Profile

Businessman turning former studios into a trampoline palace

The large, empty warehouse space formerly occupied by Sanborn Studios could soon have people bouncing off the walls -- literally.

In June, Sarasota entrepreneur Brett Morrow will reopen Sanborn's former 27,000-square-foot building in Lakewood Ranch as Jumpin' Fun Sports, with wall-to-wall trampolines, fast food and a comfy couch area for parents to play with their iPads while their kids get their ya-yas out.

» Full story from the Sarasota Herald-Tribune

» Jumpin Fun Sports Facebook Page

Want to see what the future could look like for working mothers? Look inside a company run by one. Many female CEOs are better about giving flexibility, providing onsite childcare, allowing pets at work and offering training and opportunities to advance. That trend will be increasingly important with women-led businesses expected to generate one-third of new U.S. jobs by 2018. More at the Miami Herald.

Survey: Low-wage workers gloomy about future

America's lower-income workers have posted the biggest job gains since the deep 2007-09 recession - but few are bragging. As a workforce sector, those earning $35,000 or less annually are generally pessimistic about their finances and career prospects. More at the AP.

Tampa-based distiller eyeing state bill to boost business

Lee Nelson doesn't give tours every day at the small, licensed Tampa distillery he co-owns. There are no public tastings and bottles of his vodka are not available for purchase at the distillery. But Nelson is optimistic a new bill (SB 642) being considered by a state House committee will change all that and make it legal for him to sell on site. More at Bay News 9.

11th annual Fort Lauderdale Collector Car Auction

condoDisplays of vintage cars, collectors' items and those with a little bit of stardust — including actor Steve McQueen's 1951 Chevrolet convertible — will be up for auction this weekend in Fort Lauderdale. People will be able to purchase more than 550 offerings presented at the Fort Lauderdale Collector Car Auction, at the Broward County Convention Center. Thursday is a preview day; bidding takes place Friday through Sunday.

» Full story from the South Florida Sun-Sentinel

» Auction site

Tags: Daily Pulse

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An overview of the features and articles in this month's issue of Florida Trend.


Florida Trend Video Pick

2018 Atlantic Hurricane Season Outlook
2018 Atlantic Hurricane Season Outlook

Dr. Gerry Bell, lead seasonal hurricane forecaster at NOAA’s Climate Prediction Center, and the rest of his team NOAA, are predicting an 75 percent chance that the 2018 Atlantic hurricane season will either be near-normal or above normal.

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