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Tuesday's Afternoon Update
What you need to know about Florida today
Home prices rise by most in 7 years
U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening. Real estate data provider CoreLogic said Tuesday that home prices rose from a year ago in 48 states. They fell only in Delaware and Alabama. And all but three of the 100 largest cities reported price gains. More at the AP.
See also:
» New crop of First Coast Realtors learn lessons from housing crash to forge new careers
» New real estate laws kick in that could help the industry
Boynton could raise business fees
Running a business may soon cost a little more in Boynton Beach. On Tuesday, the city will hear the final reading of an ordinance that would raise fees for people opening, expanding or relocating a business. More at the South Florida Sun-Sentinel.
“Megadeals” for Scripps, Max Planck among richest in U.S. history
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Sneak Peek Legoland Florida's new World of Chima
Translation: The World of Chima (pronounced Chee-mah), based on a new line of Lego toys and a Cartoon Network show, is coming to life very soon. It is set to open July 3 in Legoland Florida and will be the only place in the world where guests can enter this whimsical land. |
Palm Beach County is home to two of the richest incentive “megadeals” in U.S. history, according to a report released last week by Good Jobs First. The organization looked at “megadeals” — incentive packages worth $75 million or more — nationwide and came away unimpressed with the results. More at the Palm Beach Post.
Businesses building again in Cape Coral
Dirt is moving once again in Cape Coral and with it national franchises are breaking ground and looking to establish themselves. Michael Quaintance, president and CEO of the Chamber of Commerce of Cape Coral, said he’s seeing a lot of retail businesses coming to the area. More at the Fort Myers News-Press.
Fourth of July ushers in summer travel season
Sure, the snowbirds have flocked back north to more temperate climes and the moneyed Art Basel crowds won’t return for months. But despite economic or political instability in their home countries, visitors from Southern Europe and South America flock to Miami-Dade and Broward counties in the summer to shop and hit the beach. More at the Miami Herald.
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