The developer of a new subdivision on prime Estate Section land has announced the prices for the four vacant lots being marketed for sale on the former estate of the late billionaire John W. Kluge. The remaining lot is already under contract, the Town Council learned earlier this summer before the landlocked subdivision’s plat won approval in July. The 3.4-acre property is owned by a development company controlled by Sir Peter Wood, a seasonal Palm Beacher. The subdivision is... [read more]

  Real estate insiders expect 2016 to be a strong year for South Florida despite slowing sales and price gains in the condo market, according to a survey conducted by Berger Singerman. The law firm polled about 100 top developers, Realtors, investors, lenders and contractors for their take on the new year. “The overall consensus is that things are going to continue in a similar direction,” said Jeffrey Margolis, a partner at the firm. “2016’s going to look... [read more]

With April 18th a month away, now’s as good a time as any to start thinking about filing your taxes if you haven't already. You're not alone if you haven't gotten around to it yet — Americans are filing taxes slower this year, according to the IRS. The average U.S. household pays more than $5,700 in federal taxes, according to the Bureau of Labor Statistics, but state tax burdens vary greatly. Taxpayers in states that are the most tax-expensive pay three times... [read more]

  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]

  Source: WalletHub We all know that a good chunk of our income goes to Uncle Sam and the state, but how much return are we getting on our tax investment? That's the subject of a new WalletHub report, which breaks down the "Taxpayer ROI" for all 50 states and Washington, D.C. And for those of us living in Florida, the outlook on returns is pretty sunny. The state ranks close to the top of the list overall for taxpayer ROI. To compile the report, the Washington,... [read more]