Lendingtree.com: In 2016, new residents brought $30.2 billion into Fla., with about 72% of that increased income coming from new residents age 55 and over. NEW YORK – Using IRS data from 2016, LendingTree found Florida the most popular place to move. New residents that year bought in a combined adjusted gross income of $30.2 billion. According to the study, the age 55 and up demographic Continue Reading
Florida Faces Apartment Shortage
The state needs to add more than 600K new apartments by 2030 to keep up with the state’s growing population and demand for rentals, according to the Florida Apartment Association. TAMPA, Fla. – A growing number of residents in Florida are turning to renting instead of homeownership, spurring a shortage of apartments. Data from the Florida Apartment Association indicates that the state would Continue Reading
More Lakewood Ranch Development Coming Near Waterside Place
By Laura Finaldi, Staff Writer, Bradenton Herald Tribune, published September 11, 2019 A new 50-acre mixed-use development called Center Point is planned for a parcel on the south side of University Parkway, according to plans. More retail is coming to Lakewood Ranch, near the massive Waterside development designed to transform the area south of University Parkway and east of Interstate Continue Reading
FLORIDA IS NOT PREPARED FOR A CATEGORY 5 HURRICANE
Florida has hardened building codes and has the toughest storm-resistant homes in the U.S. But they still can’t endure Cat 4 or 5 hurricane winds and storm surge. WEST PALM BEACH, Fla. – Since Hurricane Andrew targeted South Florida in the early 1990s, the state has consistently adjusted its statewide codes and systems to account for an increasing intensity of hurricanes. The Continue Reading
Florida to see population boom over coming years as SALT deductions remain capped. Source Brittany De Lea, Fox Business News, 8/13/2019
Florida - already the recipient of the largest number of out-of-state movers in the country - is likely to see its population boom while temporary provisions of the Tax Cuts and Jobs Act remain in effect. According to upwardly revised population estimates from The Demographic Estimating Conference, growth in the Sunshine State will spike over the coming years. A number of the tax law's Continue Reading
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