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Wednesday's Afternoon Update
What you need to know about Florida today
Florida packinghouses struggle to maintain supplies
Stories of the fatal bacterial disease citrus greening often focus on growers, who have seen their annual harvest decline by more than 70 percent because of greening. Just as severely impacted have been Florida’s fresh citrus packinghouses. More from the Lakeland Ledger.
Florida consumer sentiment continues downward slide
Consumer sentiment among Floridians dropped in May for the second month in a row, with perceptions of one’s personal financial situation showing the biggest drop. May’s less-positive outlook was shared by all Floridians across age, gender and income groups. More from UF News and the AP.
Jacksonville home appraisals struggle to keep up with prices
Jacksonville home prices have risen so quickly that sometimes appraisals — based on past sales of similar homes — can’t keep up. Since banks lend only the appraised fair market value, the mortgage will now fall short of the higher bid for the house. More from the Jacksonville Daily Record.
Manatee Chamber names Dezelski president and CEO
Jacki Dezelski, a Manatee Chamber of Commerce veteran, has been named president and CEO of the 2,100-member business advocacy organization. Dezelski replaces Bob Bartz, who died unexpectedly this year. More from the Sarasota Herald-Tribune.
States, including Florida, offer breaks to minority marijuana entrepreneurs
Some states that have legalized marijuana are encouraging minorities to enter the growing cannabis industry after years of drug enforcement that had a disproportionate effect on black and Hispanic communities. More from the AP.
Real Estate
An Oversupply of Posh in Miami
Overbuilding in Miami’s luxury home market has created a buyer’s market. Some $1-million-plus residences now are selling for 20% to 35% less than their original asking price.
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