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Tuesday's Daily Pulse
What you need to know about Florida today
Is Florida in another real estate bubble?
We all remember those heady days in 2006, when it felt like the real estate market would continue to soar. Until it didn’t, when values plummeted in 2007. Now, homes in Florida are reaching record highs and we’re in the middle of a six-year boom in real estate prices. That has some experts worried. [Source: Sarasota Magazine]
See also:
» Realtors® chief economist Lawrence Yun reflects on past recession, what's ahead for housing
Florida Trend Exclusive
Droning on: Commercial use of drones skyrockets
Florida companies, entrepreneurs and schools are all-in as commercial use of drones skyrockets. Nationally, the number of drones registered with the FAA more than doubled during 2016-2017. There will be more than 600,000 registered drones by 2022. Today, drones are being widely used by many industries in Florida, including real estate, agriculture, energy and construction. In Daytona Beach, Embry-Riddle Aeronautical University became one of the first in the U.S. to offer a bachelor’s degree in unmanned aircraft systems. Full story here.
» Coming tomorrow in Research Florida: Harris Corp. plays to its strengths
Florida candidates push for pot-banking changes
Democratic agriculture-commissioner candidate Nikki Fried and other state Cabinet candidates from both parties want to see federal banking changes that could lead to Florida financial institutions being open to people and businesses with ties to the medical-marijuana industry. More from the Gainesville Sun and the Orlando Sentinel.
Florida bar exam pass rate plummets again
The number of first-time Florida bar exam takers who pass has slipped 4 percent from last year, to 67.2 percent from 71.3 percent, according to the state’s Board of Bar Examiners. Results for the July 24-25 examination were released Monday. See the latest bar scores by school here (PDF) and also read more at Florida Politics.
Citrus aid money moves a step closer
As a new citrus growing season gets underway, federal assistance tied to the hurricane-ravaged 2017-2018 harvest is finally moving into the application phase. The state Division of Emergency Management announced it has secured a $343 million block grant that was part of a wider disaster-relief package signed into law in February by President Donald Trump. [Source: WUSF]
ALSO AROUND FLORIDA:
› Self-driving trucks have a bright future in Florida
According to a new report, the state is home to two of the five best autonomous trucking routes in the US. While self-driving trucks aren’t making many deliveries just yet, the technology is improving and has the potential to make a major impact on work for truckers.
› Red Tide endangers more than sea life. Birds are latest victims
Amid all the talk of the wildlife killed by Red Tide this year — eels, snook, dolphins, manatees and sea turtles — seabirds and shore birds are frequently left out. But they’re suffering as well, to the point that wildlife rehabilitation experts are on the lookout for ailing birds. They are particularly searching for the ones that are supposed to be protected by state and federal law.
› Epcot's IllumiNations is ending in 2019, Disney says
Epcot’s IllumiNations — the longtime fireworks show has entertained millions of visitors since 1999 — will end in the second half of 2019, Disney announced Monday. More in this news release from Disney.
› Orlando aircraft maintenance company looks to move to Titusville
An Orlando aircraft maintenance and repair company is considering moving to Titusville, bringing 50 jobs to the Space Coast. Details of the company's plans were disclosed at a meeting of the North Brevard Economic Development Zone board, which approved up to $50,000 in financial incentives to the company.
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