April 2, 2015

Friday's Daily Pulse

What you need to know about Florida today

| 2/21/2014

Affordable homes becoming out of reach for many

A trio of reports released this week say the cost of real estate is drifting further out of reach for potential buyers earning median salaries — with general housing expenses rising well beyond stagnant worker wages. Economists warn the trend could eventually shut out an entire generation of young Americans and disrupt a cycle of move-up purchases that the housing industry depends on for growth. [Source: Sarasota Herald-Tribune]

U.S. factory growth climbs to 4-year high

Michael Sobolewski, president of Conelec Electronic Manufacturing in DeLand, said his company has seen an uptick in orders in recent weeks. “We’re seeing an increased demand as we look towards the second quarter,” he said. He’s not alone. [Source: Daytona Beach News-Journal]

The spies among us: Cell phone tracking is big business

You carry it with you everywhere you go, but did you know your cell phone could be tracking your every move? Corporations are cashing in by knowing your whereabouts. [Source: WINK]

Telemedicine Ready for Legislative Reboot

Technology that didn't exist a few years ago is changing how Americans are dealing with chronic conditions and acute disease. It's eliminating the burden of hours-long drives for patients, doctors, or both. And the tools bring experts to facilities that can't afford a full-time specialist. And Florida’s legislature loves this idea. [Source: Health News Florida]

Foreclosure Starts Fall To Pre-Crisis Levels

The rate of new foreclosures in the U.S. dropped to the lowest level in eight years as rising property prices erased negative equity and allowed more of the nation's delinquent homeowners to sell without losing money. [Source: Bloomberg News]


› Floating an idea to keep beaches from eroding
Two part-time Sarasota County residents think they may have devised a better way to keep beaches from eroding — and potentially saving governments millions in resanding costs.

› Former EA executive seeks to create tech hub
A group of entrepreneurs led by a former Electronic Arts executive has thrown its clout behind creating a high-tech startup hub in downtown Orlando's Church Street Exchange building.

› Fort Myers-based NeoGenomics profits higher
Efficiency and gains in market share have boosted profits for Fort Myers-based NeoGenomics Laboratories Inc., but executives said that ever-changing Medicare billing rules threaten those gains.

› Cruise lines boost Port Canaveral presence
Norwegian and Royal Caribbean cruise lines have reached deals to expand their operations at Port Canaveral. The deals will boost Brevard County’s seaport in its effort to become the world’s busiest, based on the number of cruise passengers, ahead of the Port of Miami and Port Everglades near Fort Lauderdale.

Go to page 2 for more stories ...

Tags: Daily Pulse

In case you missed it:

Digital Access

Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

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


Florida Trend Video Pick

Santa Fe College
Santa Fe College

Santa Fe College is the winner of the prestigious 2015 Aspen Prize for Community College Excellence and moves up to the top spot as the number one community college in the nation. Read the official announcement.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Do you support the U.S. entering a nuclear deal with Iran?

  • Yes - Iran is only seeking energy
  • Yes - I don't trust Iran, but a deal is preferable to more involved middle-east intervention
  • No - keep or expand the sanctions; if Iran walks, it's on them...
  • No - We need an immediate, direct, military solution to settle this

See Results

Ballot Box