Florida’s economy a little above average compared to the rest of the U.S., study shows

Tuesday Jun 6th, 2017


Source: WalletHub   If you wonder how Florida's economy compares with the rest of the U.S., a new WalletHub study sheds some light on how well we're doing. After assessing 27 key economic indicators of strength and performance, Wallethub ranked Florida’s economy No. 22 compared to the rest of the United States and the District of Columbia. WalletHub analyzed data ranging from economic activity and economic health, to innovation potential. Here's how Florida... [read more]

United Airlines reveals 10 key operational changes after man dragged off plane

Thursday Apr 27th, 2017


United Airlines today said it will implement 10 changes to its operational rules. The changes are being made in the wake of the forcible eviction of David Dao from United Express Flight 3411 on April 9. The specific changes and their expected implementation date are listed below:   United will limit use of law enforcement to safety and security issues only. (Implemented on April 12) United will not require customers already seated on the plane to give up their seats... [read more]

US mortgage rate drop could cause spike in home sales

Wednesday Apr 26th, 2017


U.S. mortgage rates fell below 4 percent last week, which may encourage a rush of home buyers. Last week, the average rate on a 30-year fixed-rate mortgage was 3.9 percent, the Wall Street Journal reported, citing data released by Freddie Mac. It’s the first time rates have dropped below 4 percent since November. A week earlier, the rate was 4.08 percent and in mid-March it was 4.3 percent, according to the Journal. Mortgage rates jumped following Donald Trump’s... [read more]

Underwater mortgages drop in South Florida

Thursday Mar 30th, 2017


Thanks to steadily increasing home prices, fewer South Florida owners are weighed down by “underwater” mortgages, two recent reports show. At the end of last year, 30,442 Palm Beach County homeowners with a mortgage, or 10.6 percent, owed more than the property is worth, down from 41,046 people, or 14.2 percent in the same period of 2015, according to the CoreLogic research firm. In Broward County, 46,443 homeowners, or 12.6 percent, were under water, compared with 63,782,... [read more]

Florida leads nation for construction jobs added in February

Monday Mar 27th, 2017


  Forty-three states added construction jobs year-over-year in February, with Florida leading the pack, according to an analysis by the Associated General Contractors of America of Labor Department data.   Florida added 34,700 jobs, a 7.5% increase year-over-year in February, followed by California (16,500 jobs, 2.2%); Texas (14,200 jobs, 2%); and Louisiana (13,500 jobs, 9.6%). Rhode Island added the highest percentage of new construction jobs during the past year... [read more]