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
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 .
Florida home sales continue torrid pace - South Florida Sun-Sentinel sun-sentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sun-sentinel.com Daily Mail and Mail on Sunday newspapers.
HOT HOUSING MARKET: Low inventory, high prices creating perfect storm for sellers
Home prices surge in Central Florida
Home prices are surging across Central Florida and the inventory is low. Real estate agents say this housing market is nowhere near slowing down.
BREVARD COUNTY, Fla. - Gloria Chlebanowski got two offers on her Palm Bay home in less than 24 hours, one of them about $5,000 more than the asking price. At 3:30 on a Monday afternoon, she called to let me know the listing had gone up and 10 minutes to five she called to let me know we had our first showing the next day. That was really, very quick, Chlebanowski said.
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Lawmakers are considering sweeping funds away from affordable housing programs and using those dollars to support environmental initiatives outlined by Governor Ron DeSantis. That includes wastewater improvement projects and helping communities deal with the impacts of sea level rise and flooding
Lawmakers are considering a proposal to take money from an affordable housing trust fund to put toward environmental initiatives. But housing advocates and environmentalists say that takes away money from housing programs desperately needed in Florida.
The documentary stamp tax helps fund many different things, from land acquisition to state transportation. It also gives money to state and local government housing, which supports programs that develop and preserve affordable housing and assist people with down payments and financing. But lawmakers are seeking to reduce the money these programs get from the documentary stamp tax from about 24% to roughl