May 13, 2024

Tuesday's Daily Pulse

What you need to know about Florida today

| 11/24/2015

Tight inventories, rising prices hurt U.S. home sales

U.S. home resales fell in October as a persistent shortage of properties limited choice for potential buyers and pushed up prices, suggesting some softening in the pace of the housing market recovery after strong gains early this year. [Source: Reuters]

See also:
» In a first for 2015, Southwest Florida home sales decline
» Home sales fall in Miami-Dade but prices rise
» US home sales slump in October; Northeast Florida sees small drop
» Home sales for Orlando and state cool
» Home sales in Tampa Bay and Florida slow down as inventory shrinks

Gas prices at 7-year lows for Thanksgiving

A worldwide glut in oil has gas prices dipping toward $2 per gallon. Even recent attacks in Paris, Beirut and other cities have not sent prices rising for oil, analysts said. [Source: South Florida Sun-Sentinel]

Social media helps drive historic Cuban exodus to U.S.

Many Cubans are afraid that the normalization of relations between the U.S. and Cuba will mean an imminent end to special immigration privileges that date to the opening of the Cold War. 2015 may witness the biggest outflow of Cubans since 1980. [Source: AP]

Stuck waiting: Ground delays at airports on the rise

According to an Associated Press analysis, airplanes spent 23 minutes and 32 seconds, on average, taxiing between gates and runways during the first nine months of the year. That's the longest it has been since the Bureau of Transportation Statistics started tracking taxi times in 1995. [Source: AP]

UF creates trees with enhanced resistance to greening

After a decade of battling the highly destructive citrus greening bacterium, researchers with the University of Florida’s Institute of Food and Agricultural Sciences have developed genetically modified citrus trees that show enhanced resistance to greening. [Source: Florida Trend]

ALSO AROUND FLORIDA:

› Florida approves 5 nurseries to grow medical marijuana
State health officials announced Monday that five Florida nurseries have been chosen to cultivate and distribute the first legal marijuana in the state, opening the door to the sale and distribution of the non-euphoric strains next year.

› Gov. Scott names new secretary for Florida Lottery
Florida Gov. Rick Scott is appointing Tom Delacenserie as the new secretary of the Florida Lottery. Scott made Delacenserie interim secretary in late August.

› Officials could further limit swimming with manatees
Federal wildlife officials could further limit the number of swimmers allowed in Crystal River's Three Sisters Springs during peak manatee season in Citrus County.

› Uber deregulation doesn't mean much for traditional Sarasota taxis
Seemingly, many of the local transportation industry rules have shifted. But at this point most of the changes appear to be more on paper than in practice for many local taxi players.

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Florida Trend Video Pick

Montverde resale store gets results for group homes
Montverde resale store gets results for group homes

Don’t call it a thrift store. This resale market prides itself on an inventory of high-end clothing and accessories. The bonus — if you shop at Fireflies Resale Marketplace in Montverde you’ll be helping support adults living in group homes.

Video Picks | Viewpoints@FloridaTrend

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