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FBC Markets Now July 17, 2013

The economy which had been most impacted by Monetary Policy are housing and autos and those are two areas which are leading our recovery and evidently low Mortgage Rates have contributed, household formation and other factors have also contributed to the housing sector is an important component of the economy at this point and housing prices going up are not only beneficial in terms of stimulating more construction. Construction. It will make them more confident, more willing to spend on other business services. You are not concerned. Well, the Mortgage Rates remain relatively low. We do have to monitor or that. They are inching up. We will see where housing prices go from here. Do you believe the labor market reflects a new normal, as some have suggested question what is a sustainable rate of unemployment in your view ....

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10,000 home development slated for critical habitat for Florida panther

10,000 home development slated for critical habitat for Florida panther
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Developer seeking to build 10,000 homes in habitat critical to Florida panther in eastern Lee County

The public has one more week to weigh in on a plan that essentially creates a city with critical panther habitat. ....

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Army engineers open flood gates after storm brings heavy rain

The U.S. Army Corps of Engineers told Local 10 News Thursday that they have opened two flood gates due to excessive rain and flooding in the Everglades. ....

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Everglades flooding has wildlife running out of dry ground

Wildlife in Florida’s Everglades are running out of dry ground thanks to high water levels, according to experts. ....

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