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Property values rising in St Lucie County Port St Lucie sees largest spike

That growth in Tradition was a factor as to why the largest increase was in Port St. Lucie where property values rose by 11.25% to an estimated $13.1 billion, according to preliminary estimate.  Port St. Lucie has more room to grow with all of the available vacant land, Franklin said. The county has vacant land, too, but it s sometimes reserved for agricultural use. Echoing Franklin, Port St. Lucie City Manager Russ Blackburn said the booming business of home construction has contributed to rising property values.   Permits for new homes have been seeing monthly record increases, and the city expects more than 3,000 single-family homes will have received certificates of occupancy by the end of the year, Blackburn said.  Based on those factors, the city was anticipating a 10% increase in property values, he added.

New Florida residents should know their hurricane evacuation zone

Thursday s Daily Pulse

Thursday s Daily Pulse | 5/27/2021 Florida-Seminole pact hinges on federal approval of ‘new business model’ The compact faces two immediate challenges – a likely lawsuit claiming it violates 2018’s Amendment 3 and uncertainty in how federal regulators will view “a new business model” that forges a “hub-and-spoke” partnership between remote servers on tribal lands and pari-mutuel operators.  Under the agreement, the Seminoles can contract with other operators to manage the three new casinos, including, conceivably, international casino corporations that have enviously eyed access to Florida for decades. [Source: The Center Square] By the numbers: South Florida’s torrid housing market New data shows just how tough it is to buy a home in South Florida. The region has fewer homes for sale than anytime in the past three years; the median price has increased steadily for a year; and the houses are disappearing faster than anyone can remember, according to data fro

By the numbers: South Florida s torrid housing market

New data shows just how tough it is to buy a home in South Florida. The region has fewer homes for sale than anytime in the past three years; the median price has increased steadily for a year; and the houses are disappearing faster than anyone can remember, according to data from the Florida Realtors Association. “There is zero supply, making it challenging for buyers and for sellers who want .

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