tag:blogger.com,1999:blog-27193163989294059012024-03-14T03:14:42.943-07:00Florida Cape Coral real estate - ImmobilienCape Coral real estate for sale reaching from foreclosure homes to short sales. We are a german speaking team and have investors from all over the country and out of state.floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.comBlogger191125tag:blogger.com,1999:blog-2719316398929405901.post-17797931750494509572016-06-20T08:12:00.000-07:002016-06-20T08:11:56.091-07:00new 40,071-square-foot conference center coming to Cape Coral<div class=WordSection1><p class=MsoNormal style='margin-bottom:3.75pt'><span style='color:#333333'> </span><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000090'>This week, Cape Coral City Council approved a number of zoning-related amendments to keep plans for a new 40,071-square-foot conference center on track to begin construction soon.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:3.75pt'><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000090'> <o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:3.75pt'><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000090'>Developers of the Westin Resort at Tarpon Point Marina are behind this $12 million project. The new center is projected to create 33 new jobs, bring in $100,000 in bed tax money and provide a total regional benefit of $33.44 million in the first three years.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:3.75pt'><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000090'> <o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:3.75pt'><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000090'>"The conference center will become an important anchor for economic development in our city," says EDO Manager Dana Brunett. "It will be exciting to see the commercial development that will arise from having a conference center in Cape Coral, and it will be nice to be able to bring in business-related visitors to our community as a result of this conference center."<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:3.75pt'><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000090'> <o:p></o:p></span></p><h1 style='mso-line-height-alt:8.8pt;background:white'><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000090'>In addition to the conference center, the hotel plans to remodel a number of two-bedroom suites into one-bedroom rooms to increase the number of rooms available. <o:p></o:p></span></h1><h1 style='mso-line-height-alt:8.8pt;background:white'><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000090'><o:p> </o:p></span></h1><h1 style='mso-line-height-alt:8.8pt;background:white'><span style='font-size:12.0pt;color:windowtext'><o:p> </o:p></span></h1><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>Provided by <a href="http://www.floridacapecoral.info/">floridacapecoral</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-71906510949787519762016-01-20T08:40:00.001-08:002016-01-20T08:40:10.710-08:00Foreign sellers? FIRPTA withholding increases to 15%<div class=WordSection1><h1 style='mso-line-height-alt:8.8pt;background:white'><span style='font-size:11.0pt;color:#333333'> </span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#61980A'>Foreign sellers? FIRPTA withholding increases to 15%<o:p></o:p></span></h1><p class=MsoNormal style='background:white'><span style='font-size:7.5pt;color:#333333'> </span><span style='font-size:7.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:4.0pt;margin-right:0in;margin-bottom:4.0pt;margin-left:0in;mso-line-height-alt:5.6pt;background:white'><span style='font-size:7.5pt;color:#333333'>WASHINGTON – Jan. 19, 2016 – Congress recently made changes to the U.S. Foreign Investment in Real Property Tax Act of 1980 (FIRPTA). While two changes should benefit the real estate community, a third will impact foreign sellers of certain properties.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:4.0pt;margin-right:0in;margin-bottom:4.0pt;margin-left:0in;mso-line-height-alt:5.6pt;background:white'><span style='font-size:7.5pt;color:#333333'>On the positive side, new FIRPTA rules will make U.S. commercial property more attractive to foreign investors, according to Ralph W. Holmen, associate general counsel for the National Association of Realtors</span><sup><span style='font-size:6.0pt;color:#333333'>®</span></sup><span style='font-size:7.5pt;color:#333333'> (NAR). The law doubles the maximum amount of stock ownership a foreign investor may have in a U.S. publicly-traded real estate investment trust (REIT), bumping it up from the current 5 percent to 10 percent. It also permits certain foreign pension funds to invest in real estate investment trusts (REITs) without having FIRPTA treatment apply.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:4.0pt;margin-right:0in;margin-bottom:4.0pt;margin-left:0in;mso-line-height-alt:5.6pt;background:white'><span style='font-size:7.5pt;color:#333333'>On the other hand, the new FIRPTA rules increase the withholding tax paid by foreign sellers of certain properties effective Feb. 17, 2016.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:4.0pt;margin-right:0in;margin-bottom:4.0pt;margin-left:0in;mso-line-height-alt:5.6pt;background:white'><span style='font-size:7.5pt;color:#333333'>"The recently enacted Protecting American Taxpayers from Tax Hikes (PATH) Act (H.R. 2029) includes two very positive FIRPTA provisions that are conservatively estimated to boost foreign investment in U.S. commercial real estate by $20-$30 billion per year," writes Holmen. "However, as part of a package of tax changes to 'pay for' the two provisions, Congress also included an increase in the FIRPTA withholding rate from 10 percent to 15 percent."<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:4.0pt;margin-right:0in;margin-bottom:4.0pt;margin-left:0in;mso-line-height-alt:5.6pt;background:white'><strong><span style='font-size:7.5pt;font-family:"Calibri","sans-serif";color:#333333'>How new withholding works</span></strong><span style='font-size:7.5pt;color:#333333'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:4.0pt;margin-right:0in;margin-bottom:4.0pt;margin-left:0in;mso-line-height-alt:5.6pt;background:white'><span style='font-size:7.5pt;color:#333333'>The law considers three levels of property purchases: A personal residence of $300,000 or less; a personal residence worth more than $300,000 but less than $1 million; and properties valued at $1 million or more:<o:p></o:p></span></p><ul type=disc><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l0 level1 lfo1'><span style='font-size:7.5pt'>$300,000: Foreign sellers currently pay no FIRPTA tax, and this doesn't change under the new rule, providing the property will be used as a residence<o:p></o:p></span></li><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l0 level1 lfo1'><span style='font-size:7.5pt'>$300,000-$1 million: The current 10 percent FIRPTA tax does not change under the new rule, providing the property will be used as a residence<o:p></o:p></span></li><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l0 level1 lfo1'><span style='font-size:7.5pt'>$1 million-plus: The FIRPTA tax goes up from the current 10 percent to 15 percent after Feb. 16. In this $1 million-plus category, it doesn't matter whether the property will be used as a residence or not<o:p></o:p></span></li></ul><p class=MsoNormal style='mso-margin-top-alt:4.0pt;margin-right:0in;margin-bottom:4.0pt;margin-left:0in;mso-line-height-alt:5.6pt;background:white'><strong><span style='font-size:7.5pt;font-family:"Calibri","sans-serif";color:#333333'>What is FIRPTA?</span></strong><span style='font-size:7.5pt;color:#333333'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:4.0pt;margin-right:0in;margin-bottom:4.0pt;margin-left:0in;mso-line-height-alt:5.6pt;background:white'><span style='font-size:7.5pt;color:#333333'>Congress created FIRPTA based on reports that foreign investors were purchasing U.S. real estate and then selling it at a profit without paying any U.S. taxes. Consequently, FIRPTA created a requirement forcing buyers to withhold 10 percent of the purchase price and remit it to the Internal Revenue Service at the time of closing, subject to a few exceptions.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:4.0pt;margin-right:0in;margin-bottom:4.0pt;margin-left:0in;mso-line-height-alt:5.6pt;background:white'><span style='font-size:7.5pt;color:#333333'>"Usually, the settlement agent is the party that withholds and remits the funds to the IRS, but the buyer is legally responsible," writes Holmen. "In certain circumstances, the buyer's agent can also be held liable."<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:4.0pt;margin-right:0in;margin-bottom:4.0pt;margin-left:0in;mso-line-height-alt:5.6pt;background:white'><strong><span style='font-size:7.5pt;font-family:"Calibri","sans-serif";color:#333333'>Florida Realtors contracts</span></strong><span style='font-size:7.5pt;color:#333333'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:4.0pt;margin-right:0in;margin-bottom:4.0pt;margin-left:0in;mso-line-height-alt:5.6pt;background:white'><span style='font-size:7.5pt;color:#333333'>The current version of Florida Realtors/Florida Bar forms and the CRSP-14a FIRPTA addendum contain language that refers to a 10 percent withholding. Since that 10 percent requirement changes for some transactions after Feb. 16, 2016, the association is currently working on changes that reflect the higher 15 percent for $1 million-plus property purchases.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:4.0pt;margin-right:0in;margin-bottom:4.0pt;margin-left:0in;mso-line-height-alt:5.6pt;background:white'><span style='font-size:7.5pt;color:#333333'>Once forms have been updated, a notice will run in <em><span style='font-family:"Calibri","sans-serif"'>Florida Realtors News</span></em> announcing the changes.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><span style='font-size:7.5pt;color:#333333'>© 2016 Florida Realtors® </span><span style='font-size:18.0pt;color:red'><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>Provided by <a href="http://www.floridacapecoral.info/">floridacapecoral</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-56435755086353235522015-12-23T07:07:00.001-08:002015-12-23T07:07:09.260-08:00Economic Development News Cape Coral<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><span style='font-size:8.5pt;color:#333333'> </span><span style='font-size:12.0pt;color:red'><o:p></o:p></span></p><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%'><tr><td style='padding:3.75pt 3.75pt 3.75pt 3.75pt'><p style='margin:0in;margin-bottom:.0001pt'><strong><span style='font-size:18.0pt;font-family:"Verdana","sans-serif";color:#23408E'>Economic Development News</span></strong><span style='font-size:18.0pt;color:#23408E'><o:p></o:p></span></p></td></tr></table><p class=MsoNormal><span style='display:none'><o:p> </o:p></span></p><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;background:#B6BFC9'><tr style='height:.75pt'><td style='padding:0in 0in 0in 0in;height:.75pt'></td></tr></table><p class=MsoNormal><span style='display:none'><o:p> </o:p></span></p><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%' id="content_LETTER.BLOCK13"><tr><td style='padding:3.75pt 3.75pt 3.75pt 3.75pt'><p class=MsoNormal><b><span style='font-size:18.0pt;color:#23408E'>Message From Your EDO Manager</span></b><span style='font-size:18.0pt;color:black'><o:p></o:p></span></p><p class=MsoNormal><b><i><span style='font-family:"Verdana","sans-serif";color:#23408E'>It's All in the Numbers</span></i></b><span style='font-size:12.0pt;color:black'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000090'><o:p> </o:p></span></p><p class=MsoNormal><!--[if gte vml 1]><v:shapetype id="_x0000_t75" coordsize="21600,21600" o:spt="75" o:preferrelative="t" path="m@4@5l@4@11@9@11@9@5xe" filled="f" stroked="f"> <v:stroke joinstyle="miter" /> <v:formulas> <v:f eqn="if lineDrawn pixelLineWidth 0" /> <v:f eqn="sum @0 1 0" /> <v:f eqn="sum 0 0 @1" /> <v:f eqn="prod @2 1 2" /> <v:f eqn="prod @3 21600 pixelWidth" /> <v:f eqn="prod @3 21600 pixelHeight" /> <v:f eqn="sum @0 0 1" /> <v:f eqn="prod @6 1 2" /> <v:f eqn="prod @7 21600 pixelWidth" /> <v:f eqn="sum @8 21600 0" /> <v:f eqn="prod @7 21600 pixelHeight" /> <v:f eqn="sum @10 21600 0" /> </v:formulas> <v:path o:extrusionok="f" gradientshapeok="t" o:connecttype="rect" /> <o:lock v:ext="edit" aspectratio="t" /> </v:shapetype><v:shape id="Picture_x0020_2" o:spid="_x0000_s1028" type="#_x0000_t75" alt="http://files.ctctcdn.com/a7165bdd001/1cd39762-132f-4965-a1ea-8bb7c365f7bc.jpg" style='position:absolute;margin-left:117.55pt;margin-top:0;width:168.75pt;height:168.75pt;z-index:1;visibility:visible;mso-wrap-style:square;mso-wrap-distance-left:3.75pt;mso-wrap-distance-top:3.75pt;mso-wrap-distance-right:3.75pt;mso-wrap-distance-bottom:3.75pt;mso-position-horizontal:right;mso-position-horizontal-relative:text;mso-position-vertical:absolute;mso-position-vertical-relative:line' o:allowoverlap="f"> <v:imagedata src="http://files.ctctcdn.com/a7165bdd001/1cd39762-132f-4965-a1ea-8bb7c365f7bc.jpg" /> <w:wrap type="square" anchory="line"/> </v:shape><![endif]--><![if !vml]><img width=225 height=225 src="http://files.ctctcdn.com/a7165bdd001/1cd39762-132f-4965-a1ea-8bb7c365f7bc.jpg" align=right hspace=5 vspace=5 alt="http://files.ctctcdn.com/a7165bdd001/1cd39762-132f-4965-a1ea-8bb7c365f7bc.jpg" v:shapes="Picture_x0020_2"><![endif]><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>What's going on in the Cape? Seems like you can't turn a corner around here without seeing new construction. New housing and commercial development is on the rise.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>Commercial Building Permits in 2015 were up 13 percent over last year and 183 percent over 2013. New housing starts have increased by over 58 percent since last year and are up 108 percent over 2013.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>The U.S. Census Population estimates that Cape Coral's population is more than 169,854, which is 10 percent higher than our 2010 population of 154,301 (U.S. Census, December 2015). As we all know, during the winter season, it is estimated that our population climbs even higher.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>With the population growing, Cape Coral as a market becomes a more desirable location for new commercial development, just as the current numbers bear out. Additionally, Cape Coral is working to create new large-scale development opportunities with Bimini Basin, Seven Islands and Academic Village. These projects have the potential to add substantially to our commercial tax base and create thousands of new jobs.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>Additionally, there are two new apartment developments coming: 312 units on Pine Island Road and another 90 units on Veterans Parkway. This type of workforce housing is desperately needed in the Cape as we grow our commercial base.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>Manpower has ranked the Cape Coral-Fort Myers MSA as the No. 1 location in the U.S. for job growth in the first quarter of 2016. A net amount of 37 percent of businesses surveyed said they will be adding jobs, as opposed to only 18 percent projecting job expansion a year ago.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>We will continue to work with existing businesses and recruit new businesses to the Cape to ensure that the numbers keep adding up. Looking forward to an even more productive 2016. Have a wonderful holiday season!</span><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#001A81'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#23408E'>Sincerely,</span></b><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#23408E'><o:p></o:p></span></p><p class=MsoNormal><span style='color:#23408E'> </span><span style='font-size:12.0pt;font-family:"Times New Roman","serif";color:#23408E'><o:p></o:p></span></p><p class=MsoNormal><b><i><span style='color:#23408E'>Dana Brunett</span></i></b><span style='color:#23408E'><o:p></o:p></span></p><p class=MsoNormal><b><i><span style='color:#23408E'> </span></i></b><span style='color:#23408E'><o:p></o:p></span></p><p class=MsoNormal><b><span style='color:#23408E'>City of Cape Coral </span></b><span style='color:#23408E'><o:p></o:p></span></p><p class=MsoNormal><b><span style='color:#23408E'>Economic Development Manager</span></b><span style='font-size:12.0pt;color:#23408E'><o:p></o:p></span></p></td></tr></table><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><span style='font-size:12.0pt;color:red'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>Provided by <a href="http://www.floridacapecoral.info/">floridacapecoral</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-91505833641916455082015-12-19T08:56:00.001-08:002015-12-19T08:56:17.004-08:00Economic Development News Cape Coral<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><span style='font-size:8.5pt;color:#333333'> </span><span style='font-size:12.0pt;color:red'><o:p></o:p></span></p><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%'><tr><td style='padding:3.75pt 3.75pt 3.75pt 3.75pt'><p style='margin:0in;margin-bottom:.0001pt'><strong><span style='font-size:18.0pt;font-family:"Verdana","sans-serif";color:#23408E'>Economic Development News</span></strong><span style='font-size:18.0pt;color:#23408E'><o:p></o:p></span></p></td></tr></table><p class=MsoNormal><span style='display:none'><o:p> </o:p></span></p><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%;background:#B6BFC9'><tr style='height:.75pt'><td style='padding:0in 0in 0in 0in;height:.75pt'></td></tr></table><p class=MsoNormal><span style='display:none'><o:p> </o:p></span></p><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%' id="content_LETTER.BLOCK13"><tr><td style='padding:3.75pt 3.75pt 3.75pt 3.75pt'><p class=MsoNormal><b><span style='font-size:18.0pt;color:#23408E'>Message From Your EDO Manager</span></b><span style='font-size:18.0pt;color:black'><o:p></o:p></span></p><p class=MsoNormal><b><i><span style='font-family:"Verdana","sans-serif";color:#23408E'>It's All in the Numbers</span></i></b><span style='font-size:12.0pt;color:black'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000090'><o:p> </o:p></span></p><p class=MsoNormal><!--[if gte vml 1]><v:shapetype id="_x0000_t75" coordsize="21600,21600" o:spt="75" o:preferrelative="t" path="m@4@5l@4@11@9@11@9@5xe" filled="f" stroked="f"> <v:stroke joinstyle="miter" /> <v:formulas> <v:f eqn="if lineDrawn pixelLineWidth 0" /> <v:f eqn="sum @0 1 0" /> <v:f eqn="sum 0 0 @1" /> <v:f eqn="prod @2 1 2" /> <v:f eqn="prod @3 21600 pixelWidth" /> <v:f eqn="prod @3 21600 pixelHeight" /> <v:f eqn="sum @0 0 1" /> <v:f eqn="prod @6 1 2" /> <v:f eqn="prod @7 21600 pixelWidth" /> <v:f eqn="sum @8 21600 0" /> <v:f eqn="prod @7 21600 pixelHeight" /> <v:f eqn="sum @10 21600 0" /> </v:formulas> <v:path o:extrusionok="f" gradientshapeok="t" o:connecttype="rect" /> <o:lock v:ext="edit" aspectratio="t" /> </v:shapetype><v:shape id="Picture_x0020_2" o:spid="_x0000_s1027" type="#_x0000_t75" alt="http://files.ctctcdn.com/a7165bdd001/1cd39762-132f-4965-a1ea-8bb7c365f7bc.jpg" style='position:absolute;margin-left:117.55pt;margin-top:0;width:168.75pt;height:168.75pt;z-index:1;visibility:visible;mso-wrap-style:square;mso-wrap-distance-left:3.75pt;mso-wrap-distance-top:3.75pt;mso-wrap-distance-right:3.75pt;mso-wrap-distance-bottom:3.75pt;mso-position-horizontal:right;mso-position-horizontal-relative:text;mso-position-vertical:absolute;mso-position-vertical-relative:line' o:allowoverlap="f"> <v:imagedata src="http://files.ctctcdn.com/a7165bdd001/1cd39762-132f-4965-a1ea-8bb7c365f7bc.jpg" /> <w:wrap type="square" anchory="line"/> </v:shape><![endif]--><![if !vml]><img width=225 height=225 src="http://files.ctctcdn.com/a7165bdd001/1cd39762-132f-4965-a1ea-8bb7c365f7bc.jpg" align=right hspace=5 vspace=5 alt="http://files.ctctcdn.com/a7165bdd001/1cd39762-132f-4965-a1ea-8bb7c365f7bc.jpg" v:shapes="Picture_x0020_2"><![endif]><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>What's going on in the Cape? Seems like you can't turn a corner around here without seeing new construction. New housing and commercial development is on the rise.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>Commercial Building Permits in 2015 were up 13 percent over last year and 183 percent over 2013. New housing starts have increased by over 58 percent since last year and are up 108 percent over 2013.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>The U.S. Census Population estimates that Cape Coral's population is more than 169,854, which is 10 percent higher than our 2010 population of 154,301 (U.S. Census, December 2015). As we all know, during the winter season, it is estimated that our population climbs even higher.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>With the population growing, Cape Coral as a market becomes a more desirable location for new commercial development, just as the current numbers bear out. Additionally, Cape Coral is working to create new large-scale development opportunities with Bimini Basin, Seven Islands and Academic Village. These projects have the potential to add substantially to our commercial tax base and create thousands of new jobs.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>Additionally, there are two new apartment developments coming: 312 units on Pine Island Road and another 90 units on Veterans Parkway. This type of workforce housing is desperately needed in the Cape as we grow our commercial base.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>Manpower has ranked the Cape Coral-Fort Myers MSA as the No. 1 location in the U.S. for job growth in the first quarter of 2016. A net amount of 37 percent of businesses surveyed said they will be adding jobs, as opposed to only 18 percent projecting job expansion a year ago.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'>We will continue to work with existing businesses and recruit new businesses to the Cape to ensure that the numbers keep adding up. Looking forward to an even more productive 2016. Have a wonderful holiday season!</span><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#001A81'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#001A81'> <o:p></o:p></span></p><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#23408E'>Sincerely,</span></b><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#23408E'><o:p></o:p></span></p><p class=MsoNormal><span style='color:#23408E'> </span><span style='font-size:12.0pt;font-family:"Times New Roman","serif";color:#23408E'><o:p></o:p></span></p><p class=MsoNormal><b><i><span style='color:#23408E'>Dana Brunett</span></i></b><span style='color:#23408E'><o:p></o:p></span></p><p class=MsoNormal><b><i><span style='color:#23408E'> </span></i></b><span style='color:#23408E'><o:p></o:p></span></p><p class=MsoNormal><b><span style='color:#23408E'>City of Cape Coral </span></b><span style='color:#23408E'><o:p></o:p></span></p><p class=MsoNormal><b><span style='color:#23408E'>Economic Development Manager</span></b><span style='font-size:12.0pt;color:#23408E'><o:p></o:p></span></p></td></tr></table><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><span style='font-size:12.0pt;color:red'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>Provided by <a href="http://www.floridacapecoral.info/">floridacapecoral</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-12966470576429572922015-07-05T01:49:00.000-07:002015-07-05T01:50:14.632-07:00Economists predict rising home prices, rents<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><span style='font-size:8.5pt;color:#333333'> </span><b><span style='font-size:13.0pt;font-family:"Georgia","serif";color:#61980A'>Economists predict rising home prices, rents<o:p></o:p></span></b></p><p class=MsoNormal style='background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>MIAMI – June 29, 2015 – Spurred by tight supply, both home prices and rents will pick up this year and next, a panel of economists predicted Friday.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>By the end of 2017, national home prices should match the levels they reached at the peak of the housing boom in 2006, CoreLogic chief economist Frank Nothaft said at the 49th National Association of Real Estate Editors conference in Miami.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>"Consumer confidence is at the highest level it's been in eight years – that's a proxy for financial security," he said.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>Nevertheless, when prices do reach past peak levels, they'll still be about 20 percent below that level in inflation-adjusted terms, he said.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>Lawrence Yun, chief economist of the National Association of Realtors, expects median home prices to grow 7 percent this year and 4 percent the next.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>Still, supply remains tight across the country, Yun said, partly because investors have bought up houses and have not released them into the market, and partly because builders have not created supply quickly enough to meet demand.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>However, he projected housing starts would rise from 1.1 million this year to 1.4 million in 2016.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>Other panelists said supply also has been constrained by homeowners who are reluctant to move, either because they refinanced at a low rate or haven't found a suitable replacement home.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>David Crowe, senior economist at the National Association of Home Builders, said that reluctance to sell an existing home has had an impact on builders.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>"New home sales come primarily from existing home sellers," Crowe said.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>He expects single-family starts rising from 726,000 this year to 935,000 in 2016.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>But builders are still recovering from the recession, and are being further squeezed by higher labor and land costs. Plus, some small and regional builders are having a tough time getting credit through small community banks.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>All this means higher prices for homebuyers. But renters have been hit by big price bumps, too.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>Stan Humphries, chief economist at Zillow, quoted May statistics that showed rents rising 4.3 percent year over year, while home prices rose only 3.3 percent.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>Millennials just leaving their parents' basements, former homeowners who lost their homes to foreclosure, and slow wage growth are all fueling the demand for rentals, he said.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>But many are renters out of necessity, not choice, he added, and are giving up basics like trips to the doctor and dentist just to keep up with their rising rents."<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>"The popular belief is that millennials don't want to buy homes, but our research shows the opposite," he said. "They're more like the silent generation. Their biggest problem is down payments, but since rents are so high, it's hard for them to save up."<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:12.0pt;color:red'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>Provided by <a href="http://www.floridacapecoral.info/">floridacapecoral</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-57358745245981984002015-05-12T12:05:00.000-07:002015-05-12T12:07:29.148-07:00Home prices starting to rise quickly again<div class=WordSection1><p class=MsoNormal style='background:white'><span style='font-size:8.5pt;color:#333333'> </span><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>WASHINGTON – May 12, 2015 – The number of metro areas with double-digit price appreciation doubled in the first quarter of this year compared to the quarter before, according to the National Association of Realtors</span><sup><span style='font-size:6.0pt;color:#333333'>®</span></sup><span style='font-size:8.5pt;color:#333333'>' latest quarterly housing report.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>Strong demand and a tight inventory of for-sale homes for-sale pushed up nationwide home prices. The first-quarter median existing single-family home price rose in 148 out of 174 metro areas tracked by NAR. Only 25 areas recorded lower median prices compared to a year earlier, while 51 metros saw double-digit increases – a sharp increase from the 24 metro areas in the fourth quarter of 2014.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>By the end of 2014, home prices had generally moderated to a healthy, more sustainable level of growth – but prices are now picking up again, says Lawrence Yun, NAR's chief economist.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>"Sales activity … was notably higher than a year ago, as steady hiring and low interest rates encouraged more buyers to enter the market," Yun says. "However, stronger demand without increasing supply led to faster price growth in many markets. Sales could soften slightly in some of these markets seeing sharp price appreciation unless housing supply markedly improves and tempers its unhealthy level of growth."<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>The median existing single-family home price in the first quarter was $205,200 nationwide, up 7.4 percent from the first quarter of 2014. Meanwhile, total existing-home sales decreased 1.8 percent to a seasonally adjusted annual rate of 4.97 million over the same timeframe.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>Inventories remain tight. By the end of the first quarter, 2 million existing homes were available for sale, with the average supply during the first quarter at 4.6 months – a decline from 4.9 months a year earlier. Most economists consider a 6- to 7-month supply to be a healthy balance between buyers and sellers.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>"Homeowners (have accumulated) household wealth through the steady rise in home values in the past few years," Yun says. "However, some homeowners are hesitant to move up and sell, because they aren't confident they'll find another home to buy. This trend – in addition to subpar homebuilding activity – is leading to the ongoing inventory shortages and subsequent run-up in prices seen in many markets."<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>Source: National Association of Realtors®<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;color:red'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>Provided by <a href="http://www.floridacapecoral.info/">floridacapecoral</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-35479809892170328782015-04-19T04:26:00.000-07:002015-04-19T04:28:22.094-07:00Cape Coral positive outlook<div class=WordSection1><p class=MsoNormal style='margin-bottom:3.75pt'><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:red'>Cape Coral recently received strong ratings and a positive outlook, including an A+ from both Standard & Poor's (S&P) and Fitch, and an Aa3 rating by Moody's. These positive rating changes were impacted by the city's strong fiscal management, growth outlook and low unemployment rate which is currently at 4.8%-well below the national and state levels of 5.4 percent.<o:p></o:p></span></p><p style='margin:0in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:red'> <o:p></o:p></span></p><p style='margin:0in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:red'>Staff from the Cape Coral Economic Development Office participated in the meetings with the bond rating agencies. EDO staff was able to share details and data about the rapid growth going on citywide, including an increase in commercial permits, up 30% from the previous year. <o:p></o:p></span></p><p style='margin:0in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:red'> <o:p></o:p></span></p><p style='margin:0in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:red'>Without a doubt, the city is experiencing excellent growth right now and is expected to continue posting strong returns in the value of residential and commercial properties. As these realities take shape in the marketplace, additional construction opportunities and growth is expected to take place throughout the city. It truly is a great time to be living in paradise!<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;color:red'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;color:red'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>Provided by <a href="http://www.floridacapecoral.info/">floridacapecoral</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com1tag:blogger.com,1999:blog-2719316398929405901.post-73497639292654007432015-03-27T12:23:00.000-07:002015-03-27T12:25:07.016-07:00Florida has fastest growing U.S. city<div class=WordSection1><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><b><span style='font-size:13.0pt;font-family:"Georgia","serif";color:#61980A'>Census Bureau: Fla. has fastest growing U.S. city<o:p></o:p></span></b></p><p class=MsoNormal style='background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>THE VILLAGES, Fla. – March 27, 2015 – The Villages, located to the west of the Orlando metro area, grew by 5.4 percent between July 1, 2013, and July 1, 2014, and now has a population of about 114,000. That makes it the fastest growing U.S. city, according to Census Bureau information released yesterday.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>Overall, Florida has seven metro areas in the U.S. top 50 for growth over that timeframe.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>The Census Bureau released information in December that found Florida had become the nation's third most populous state. The latest demographic info shows how growth in individual metro areas contributed to that expansion.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><b><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>Florida metro growth</span></b><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>The seven Florida cities in the top 50 for new residents accounted for more than three-quarters of the state's total population gain over the time period:<o:p></o:p></span></p><ul type=disc><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l1 level1 lfo1'><span style='font-size:8.5pt;font-family:"Times New Roman","serif"'>Miami-Fort Lauderdale-West Palm Beach (with a one-year gain of about 66,000)<o:p></o:p></span></li><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l1 level1 lfo1'><span style='font-size:8.5pt;font-family:"Times New Roman","serif"'>Orlando-Kissimmee-Sanford (about 50,000)<o:p></o:p></span></li><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l1 level1 lfo1'><span style='font-size:8.5pt;font-family:"Times New Roman","serif"'>Tampa-St. Petersburg-Clearwater (about 41,000)<o:p></o:p></span></li><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l1 level1 lfo1'><span style='font-size:8.5pt;font-family:"Times New Roman","serif"'>Jacksonville (about 23,000)<o:p></o:p></span></li><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l1 level1 lfo1'><span style='font-size:8.5pt;font-family:"Times New Roman","serif"'>Cape Coral-Fort Myers (about 18,000)<o:p></o:p></span></li><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l1 level1 lfo1'><span style='font-size:8.5pt;font-family:"Times New Roman","serif"'>North Port-Sarasota-Bradenton (about 16,000)<o:p></o:p></span></li><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l1 level1 lfo1'><span style='font-size:8.5pt;font-family:"Times New Roman","serif"'>Lakeland-Winter Haven (about 11,000)<o:p></o:p></span></li></ul><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><b><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>County growth</span></b><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>In addition, eight counties within these Florida metro areas were among 50 counties nationwide that gained the most population between 2013 and 2014.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>Collectively, these counties accounted for more than half of the state's population gain over the period:<o:p></o:p></span></p><ul type=disc><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l0 level1 lfo2'><span style='font-size:8.5pt;font-family:"Times New Roman","serif"'>South Florida: Broward (with a population gain of about 24,000 over the period), Palm Beach (about 22,000) and Miami-Dade (about 21,000)<o:p></o:p></span></li><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l0 level1 lfo2'><span style='font-size:8.5pt;font-family:"Times New Roman","serif"'>Central Florida: Orange (about 26,000) and Osceola (about 11,000)<o:p></o:p></span></li><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l0 level1 lfo2'><span style='font-size:8.5pt;font-family:"Times New Roman","serif"'>West Central Florida: Hillsborough (about 22,000)<o:p></o:p></span></li><li class=MsoNormal style='color:#333333;mso-margin-top-alt:auto;margin-bottom:4.8pt;mso-list:l0 level1 lfo2'><span style='font-size:8.5pt;font-family:"Times New Roman","serif"'>Southwest Florida: Lee (18,000) and Polk (11,000)<o:p></o:p></span></li></ul><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><b><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>City growth by percentage</span></b><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>When looking at percentage of growth rather than raw numbers of new immigrants, six Florida metro areas land on the Census Bureau's top 20 list.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>Furthermore, six metro areas in Florida were among the 20 fastest growing in the nation between 2013 and 2014. In addition to The Villages, they were Cape Coral-Fort Myers (sixth), Naples- Immokalee-Marco Island (10th), Orlando-Kissimmee-Sanford (16th), North Port-Sarasota- Bradenton (18th) and Panama City (19th).<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>"Florida's ascension, revealed when the 2014 state population estimates were released last December, was a significant demographic milestone for our country," Census Bureau Director John H. Thompson said. "These county and metro area estimates provide a more detailed picture of how this happened, showing growth in areas such as central and southern Florida."<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>Migration to Florida from other states and abroad was heavy enough to overcome the fact that in about half the state's counties, there were more deaths than births over the 2013 to 2014 period.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>© 2015 Florida Realtors®<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>Provided by <a href="http://www.floridacapecoral.info/">floridacapecoral</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-36539085022975251132015-03-08T11:09:00.000-07:002015-03-08T11:10:41.173-07:00US Immobilienmarkt so gut wie lange nicht mehr<div class=WordSection1><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><a href="http://www.floridasunmagazine.com/artikel/immobilien-investments/us-immobilienmarkt-verkaufszahlen-so-gut-wie-lange-nicht-mehr.html">http://www.floridasunmagazine.com/artikel/immobilien-investments/us-immobilienmarkt-verkaufszahlen-so-gut-wie-lange-nicht-mehr.html</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>Provided by <a href="http://www.floridacapecoral.info/">floridacapecoral</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-23607660518772435592015-03-08T11:08:00.000-07:002015-03-08T11:09:45.222-07:00pending home sales rise in Jan to highest level in 18 month<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 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href="http://www.realtor.org/news-releases/2015/02/pending-home-sales-rise-in-january-to-highest-level-in-18-months">http://www.realtor.org/news-releases/2015/02/pending-home-sales-rise-in-january-to-highest-level-in-18-months</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>Provided by <a href="http://www.floridacapecoral.info/">floridacapecoral</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span 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</o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-80035373658249755532015-01-14T05:58:00.001-08:002015-01-14T05:58:46.958-08:00South Florida called "one of greatest stories" in economic recovery<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span 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class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-13687086687806970092015-01-09T14:53:00.000-08:002015-01-09T14:54:25.039-08:00Interest-only loans return: Is that good or bad?<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><h1 style='background:white'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><a name=link1></a><span style='font-size:13.0pt;font-family:"Georgia","serif";color:#61980A'>Interest-only loans return: Is that good or bad?<o:p></o:p></span></h1><p class=MsoNormal style='background:white'><span style='font-size:8.5pt;color:#333333'> </span><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>NEW YORK – Jan. 9, 3015 – Interest-only loans, once blamed for the subprime mortgage crisis, are gradually re-emerging. But the product has changed a bit, which may ease some industry fears about their comeback.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>As home values rise, borrowers and lenders' confidence in interest-only products has grown once again, Guy D. Cecala, CEO and publisher of Inside Mortgage Finance, told The Wall Street Journal.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>With interest-only loans, borrowers make monthly interest payments but pay nothing toward the principal for a set period of time. The majority of interest-only loans today are geared toward wealthy borrowers and centered at the jumbo-mortgage level. Jumbo loans exceed limits of $417,000 in most areas or $625,000 in high-price areas.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>"Most lenders think interest-only mortgages are very safe because the borrowers have strong credit profiles and generally put down large downpayments," Cecala told the Journal.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>Banks are more stringent when qualifying borrowers for an interest-only loan. For example, at Jacksonville, Fla.-based EverBank, a borrower needs a credit score of 740 or higher, a downpayment of at least 35 percent, and a debt-to-income ratio of 43 percent to qualify for their interest-only jumbo product.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>Prior to the housing crisis, lenders mostly qualified borrowers for interest-only loans based only on their expected interest payments. However, lenders today qualify borrowers based on their ability to pay both interest and principal, says John Walsh, president of Total Mortgage Services, based in Milford, Conn.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>Walsh says that on a $1 million, seven-year ARM with an interest rate of 3 percent, the monthly payment for the first seven years would be $2,500. However, the lender would calculate the borrower's debt-to-income ratio using a $5,020 monthly payment of interest and principal at the starting rate.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>Mortgage rates stayed low in 2014, even inching below 4 percent for the 30-year fixed-rate mortgage, but rates are anticipated to rise this year. If landlords raise rents, interest-only loans likely will grow as a more desirable option to homebuyers, says Cecala.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>The lower monthly payments from interest-only loans may be particularly appealing to borrowers who have shifts in seasonal incomes or who plan to sell other property or want to keep cash in higher yield investments, says David Adamo, CEO of Stamford, Conn.-based Luxury Mortgage.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>Source: "Interest-Only Loans Set the Bar High," The Wall Street Journal (Jan. 6, 2015)<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;color:#333333'>© Copyright 2015 INFORMATION, INC. Bethesda, MD (301) 215-4688<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=4&id=317653<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>Provided by <a href="http://www.floridacapecoral.info/">floridacapecoral</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-40893087437448626332014-12-29T18:04:00.001-08:002014-12-29T18:04:46.430-08:00Miami - 'The Most Exciting City in the World'<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=overline style='mso-margin-top-alt:3.0pt;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt;line-height:18.0pt'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><a name=link1></a><span style='font-family:"Georgia","serif"'>Floridian of the Year<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:3.75pt;margin-left:.25in;line-height:20.25pt'><b><span style='font-size:19.0pt;font-family:"Arial","sans-serif"'>Miami - 'The Most Exciting City in the World'<o:p></o:p></span></b></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:12.0pt;margin-left:.25in;line-height:15.0pt'><b><span style='font-size:13.5pt;font-family:"Arial","sans-serif";color:#777777'>The city of Miami was at the forefront of every trend in 2014.<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.25in;line-height:18.0pt'><span style='font-size:10.0pt;font-family:"Georgia","serif"'><a href="http://www.floridatrend.com/people/mike-vogel">Mike Vogel</a> | 12/26/2014<o:p></o:p></span></p><p style='margin-left:.25in;line-height:18.0pt'><span style='font-size:10.0pt;font-family:"Georgia","serif"'>Our Floridian of the Year, the city of Miami, captured the trends — and then some — that drove Florida in 2014. Tourism increased, with records set on all fronts. Real estate continued a strong recovery, with 11 straight quarters of price appreciation. Unemployment fell and construction employment increased. The county school district won national recognition for its improvement. The vibrant downtown-living scene rose to new heights, evidenced by chic nighttime crowds dining in Brickell, runners sweating along the bayfront, crowds in the aisles at the downtown Publix supermarkets and workers installing the sign for the new Whole Foods. Find out what's behind all these trends and more, in the full article.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>Source: Florida Trend<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'>Provided by <a href="http://www.floridacapecoral.info/">floridacapecoral</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-12266595220527513672014-11-03T05:51:00.001-08:002014-11-03T05:51:57.385-08:00FLorida jobs are growing again<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><a name=link1></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";background:white'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'>onstruction jobs in Florida should grow faster than other fields through 2017, according to a forecast released Friday.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'>University of Central Florida economist Sean Snaith expects construction jobs to grow 10.4 percent over threee yeras. Jobs in trade, transportation and utilities — which includes retail — are expected to grow 3.8 percent; professional and business services, 3.6 percent; education and health services, 2.2 percent; and leisure and hospitality, 2 percent.<o:p></o:p></span></p><p class=MsoNormal style='background:white;vertical-align:top'><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'><a href="http://www.sun-sentinel.com/business/careers/fl-snaith-forecast-fourth-quarter-20141031-story.html"><span style='font-family:trb_Icons'>l</span>Related </a><o:p></o:p></span></p><p class=MsoNormal style='line-height:12.0pt;background:white;vertical-align:top'><b><span style='font-size:9.0pt;font-family:"Georgia","serif";color:#D80000;text-transform:uppercase'><a href="http://www.sun-sentinel.com/business/realestate/fl-metropolitan-wilton-manors-20141029-story.html"><span style='font-size:8.5pt;color:#D80000'>Real Estate News</span></a><o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.5in;background:white;vertical-align:top'><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'><a href="http://www.sun-sentinel.com/business/realestate/fl-metropolitan-wilton-manors-20141029-story.html"><span style='font-size:10.0pt;font-family:"Georgia","serif";color:black'>Metropolitan apartments planned for Wilton Manors</span></a><o:p></o:p></span></p><p class=MsoNormal style='background:white;vertical-align:top'><b><span style='font-size:7.5pt;font-family:"Arial","sans-serif";color:#333333;text-transform:uppercase'><a href="http://www.sun-sentinel.com/business/careers/fl-snaith-forecast-fourth-quarter-20141031-story.html">See all related</a></span></b><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p><p class=MsoNormal style='background:white;vertical-align:middle'><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'><a href="http://www.sun-sentinel.com/business/careers/fl-snaith-forecast-fourth-quarter-20141031-story.html">8</a><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'>"Bottom line is Florida's economy is improving and finally hitting its stride," Snaith said. <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'>While the economy and jobs have been central to the campaign for Florida governor, Snaith said a governor "can't be held solely responsible for how the economy has done." A governor has no control over a national recession or measures implemented by the Federal Reserve Bank, he said.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'>Payrolls should grow 2.9 percent in the fourth quarter over the same period last year, Snaith said. But the economist expects payroll growth to slow to 2.3 percent in 2015, 2.1 percent in 2016 and 1.9 percent in 2017.<o:p></o:p></span></p><p class=MsoNormal style='background:white;vertical-align:top'><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'><a href="http://www.sun-sentinel.com/business/careers/fl-snaith-forecast-fourth-quarter-20141031-story.html"><span style='font-family:trb_Icons'>c</span>Comments</a> <o:p></o:p></span></p><p class=MsoNormal style='background:white;vertical-align:top'><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'><a href="http://www.sun-sentinel.com/business/careers/fl-snaith-forecast-fourth-quarter-20141031-story.html">Got something to say? Start the conversation and be the first to comment.</a> <o:p></o:p></span></p><p class=MsoNormal style='background:white;vertical-align:top'><b><span style='font-size:7.5pt;font-family:"Arial","sans-serif";color:#333333;text-transform:uppercase'><a href="http://www.sun-sentinel.com/business/careers/fl-snaith-forecast-fourth-quarter-20141031-story.html">Add a comment</a></span></b><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'> <o:p></o:p></span></p><p class=MsoNormal style='background:white;vertical-align:middle'><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'><a href="http://www.sun-sentinel.com/business/careers/fl-snaith-forecast-fourth-quarter-20141031-story.html">0</a><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;background:white'><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'>Still, Florida unemployment will be about 6 percent by the end of 2017, Snaith said, because the labor force is growing and there is a rising participation in the workforce, with discouraged workers returning to the job market. Unemployment currently is 6.1 percent statewide, though lower in Broward at 5.2 percent in September. <a href="http://www.sun-sentinel.com/news/local/palmbeach/">Palm Beach County</a> is a 6 percent unemployment<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><a href="http://www.sun-sentinel.com/business/careers/fl-snaith-forecast-fourth-quarter-20141031-story.html">http://www.sun-sentinel.com/business/careers/fl-snaith-forecast-fourth-quarter-20141031-story.html</a><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-33148894941583057382014-11-02T12:27:00.001-08:002014-11-02T12:27:59.550-08:00CAPE CORAL FLORIDA - nice and warm<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><a name=link1></a><br><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>It is already the time of the year where a lot of people from other countries and from the Northern part of the States get "cold feet", to change that - therefore we have the nice and warm climate in Florida! SW Florida on the Gulf Coast is the place to spend the winter month. Save on heating costs, spent it to be in the sunshine and on the beaches! Better than that - make it your own - secure your place forever in the </span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Cape Coral homes for sale"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>sunshine state Florida</span></a><span class=apple-converted-space><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'> </span></span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>- imagine having your fix place or even your own home or condo for each winter time you would have icy wind around your nose and cold feet and snow shoveling on your daily schedule! Real Estate in Florida is still so affordable that you can HAVE YOUR OWN<span class=apple-converted-space> </span></span><a href="http://www.floridacapecoral.info/" target="_blank" title="Cape Coral Florida real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>PIECE OF PARADISE</span></a><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black;background:white'>!</span><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'><br><span style='background:white'>source<span class=apple-converted-space> </span></span></span><a href="http://www.floridacapecoralrealestate.com/" target="_blank" title="Florida Ft Myers real estate"><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:#0054A6;background:white;text-decoration:none'>floridacapecoralrealestate</span></a><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-58971181899539486332014-10-18T16:38:00.001-07:002014-10-18T16:38:14.199-07:00CAPE CORAL FLORIDA - ALWAYS ON THE MOVE AND WITHIN THE TOP RANKS<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p style='margin:0in;margin-bottom:.0001pt'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><a name=link1></a><b><span style='font-size:18.0pt;color:#23408E'>Message From Your EDO Director</span></b><span style='font-size:18.0pt;color:black'><o:p></o:p></span></p><p style='margin:0in;margin-bottom:.0001pt'><em><b><span style='font-family:"Verdana","sans-serif";color:#23408E'>Super Stats Help Tell Our Story</span></b></em><span style='font-family:"Verdana","sans-serif";color:#23408E'><o:p></o:p></span></p><p style='margin:0in;margin-bottom:.0001pt'><span style='font-family:"Verdana","sans-serif";color:#23408E'><br></span><span style='font-size:11.0pt;font-family:"Verdana","sans-serif";color:#23408E'>As Cape Coral continues to emerge from the recession and the associated foreclosure crises that impacted our community so hard, we can see positive signs everywhere: new construction, expansions, new restaurants and a renewed demand for housing absorbing many of the empty homes which dotted our landscape.</span><span style='font-family:"Verdana","sans-serif";color:#23408E'><o:p></o:p></span></p><p style='margin:0in;margin-bottom:.0001pt'><span style='font-size:11.0pt;font-family:"Verdana","sans-serif";color:#23408E'> </span><span style='font-family:"Verdana","sans-serif";color:#23408E'><o:p></o:p></span></p><p style='margin:0in;margin-bottom:.0001pt'><span style='font-size:11.0pt;font-family:"Verdana","sans-serif";color:#23408E'>One of the most important is the fact that entities from outside the Cape are seeing us for the market that we are. I've always said that Cape Coral is too big to be ignored, and that's certainly not happening now. Third-party recognition is a great form of free advertising, and we're certainly getting our share. Just this year, we've received the following accolades:</span><span style='font-family:"Verdana","sans-serif";color:#23408E'><o:p></o:p></span></p><ul style='margin-top:0in' type=disc><li class=MsoNormal style='color:#23408E;mso-list:l1 level1 lfo3'><span style='font-family:"Verdana","sans-serif"'>Cape Coral ranks No. 6 in the U.S. in the best cities for future job growth. (Forbes, Fall 2014)<o:p></o:p></span></li><li class=MsoNormal style='color:#23408E;mso-list:l1 level1 lfo3'><span style='font-family:"Verdana","sans-serif"'>Cape Coral is named in the top 10 best cities to start a new business. (WalletHub, March 2014)<o:p></o:p></span></li><li class=MsoNormal style='color:#23408E;mso-list:l1 level1 lfo3'><span style='font-family:"Verdana","sans-serif"'> Cape Coral ranks No. 5 on the list of top places in Florida to live after judging 100 cities and towns in Florida on a number of unique criteria such as amenities, quality of life, crime rates, tax rates, unemployment and weather. (Movoto, May 2014)<o:p></o:p></span></li><li class=MsoNormal style='color:#23408E;mso-list:l1 level1 lfo3'><span style='font-family:"Verdana","sans-serif"'> Cape Coral ranks as the safest driving city in Florida. (Allstate Insurance America's Best Driver's Report, August 2014)<o:p></o:p></span></li><li class=MsoNormal style='color:#23408E;mso-list:l1 level1 lfo3'><span style='font-family:"Verdana","sans-serif"'> Cape Coral recorded the third-highest population growth rate in the decade, according to the U.S. Census Bureau. (CNN Money, May 2013)<o:p></o:p></span></li></ul><p style='margin:0in;margin-bottom:.0001pt'><span style='font-size:11.0pt;font-family:"Verdana","sans-serif";color:#23408E'> </span><span style='font-family:"Verdana","sans-serif";color:#23408E'><o:p></o:p></span></p><p style='margin:0in;margin-bottom:.0001pt'><span style='font-size:11.0pt;font-family:"Verdana","sans-serif";color:#23408E'>This is a very impressive list, to say the least. Of course, we're still recognized as a great place to retire and we're obviously still a hot spot for vacation rentals. But many of these national accolades are related to business growth and that's what we're striving for as we move forward. Better-paying jobs and more investment are on the horizon, and your EDO office is working very hard to make that a reality.</span><span style='font-family:"Verdana","sans-serif";color:#23408E'><br> <o:p></o:p></span></p><p style='margin:0in;margin-bottom:.0001pt'><span style='color:#23408E'> <b><i> </i></b><o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:45.0pt;margin-bottom:.0001pt'><b><span style='color:#23408E'>City of Cape Coral </span></b><span style='color:#23408E'><o:p></o:p></span></p><p class=MsoNormal><b><span style='color:#23408E'>Economic Development Director </span></b><o:p></o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-18431800268298646392014-09-04T16:47:00.000-07:002014-09-04T16:48:30.697-07:00Florida a top destination for retiring baby boomers<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:.25in;background:white'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><a name=link1></a><b><span style='font-size:13.0pt;font-family:"Georgia","serif";color:#61980A'>Fla. a top destination for retiring baby boomers<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.25in;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>ORLANDO, Fla. – Sept. 4, 2014 – As the baby boomers retire, a significant number follow the same path their parents did – they move to Florida. And historic retirement sites in Southwest Florida continue to draw a significant number of older adults.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>RealtyTrac conducted a study on two ends of the age spectrum: the baby boomers and the millennials. To spot trends, RealtyTrac analyzed Census population data between 2007 and 2013 in more than 1,800 counties nationwide to identify shifts in populations, and it overlaid that data with information on median home prices, price appreciation and rental rates.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>In Florida, four counties made the top 10 list for baby boomer population growth:<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>• <b>Charlotte County</b> – Punta Gorda (32.9% were baby boomers in 2013, a 34.3% increase since 2007)<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>• <b>Citrus County</b> – Homosassa Springs (32.1% boomers, 28% growth since 2007)<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>• <b>Lee County</b> – Cape Coral-Fort Myers (28.1% boomers, 27.6% growth since 2007)<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>• <b>Lake County</b> – Orlando-Kissimmee (27% boomers, 26.5% growth since 2007)<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>No Florida county made the top 10 list for baby boomers moving out or millennials moving in; but it appears that one county, Citrus, is trading millennial residents for baby boomer. Citrus County not only made the top 10 list for baby boomers moving in, but it also made the top 10 list for millennials moving out. In 2003, 12 percent of the population was a millennial, a decline of 26.9 percent since 2007.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>While RealtyTrac's statistics don't draw a direct connection between declining baby boomer markets and those on the upswing, many new Florida residents could come from Georgia, which had four cities on the top 10 list of declining boomers: Fulton County (boomer population down 21.9% since 2007), DeKalb County (down 20.1%), Clayton County (down 15.5%) and Cobb County (down 13.7%).<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>Overall, RealtyTrac notes four trends in their tracking:<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>• The millennial generation is generally moving from lower-priced to higher-priced markets for both buying and renting, with the tradeoff being more jobs (lower unemployment) and higher median incomes in their target markets.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>• Millennials are also moving from counties with a smaller population (average 178,277) to counties with a larger population (average 587,522).<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>• The baby boomer generation is generally moving from higher-priced to lower-priced markets for both buying and renting, with the tradeoff being lower median household incomes and slower home price appreciation in their target markets.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>• Baby boomers are also moving from counties with a larger population (average 809,464) to counties with a smaller population (261,232).<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:.25in;line-height:10.5pt;background:white'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>"The above population trends are also evident within the same metropolitan area, with millennials moving from lower-populated counties to higher-populated counties within the same metro, and baby boomers doing the opposite or moving out of the area entirely," says Ginny Walker, RealtyTrac's public relations supervisor.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:8.5pt;font-family:"Times New Roman","serif";color:#333333'>© 2014 Florida Realtors®</span><span style='font-size:12.0pt'><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-32324012813940997872014-08-25T15:29:00.000-07:002014-08-25T15:30:16.996-07:00Home sales and prices continue to climb in Lee County<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><a name=link1></a><span style='font-size:21.0pt;font-family:"Arial","sans-serif";color:#333333'>July 2014 </span><span style='font-size:18.0pt;font-family:"Arial","sans-serif";color:#333333'>Press Release & Market Indicators</span><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'><o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'> <o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><strong><span style='font-size:13.5pt;font-family:"Arial","sans-serif";color:#0328AB'>Home sales and prices continue to climb in Lee County</span></strong><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'><br><strong><span style='font-family:"Arial","sans-serif"'>(Fort Myers, FL–August 22, 2014)</span></strong><o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'> <o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'> <o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'> <o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.5pt;font-family:"Arial","sans-serif";color:#333333'>In Lee County, 1,042 single family homes sales were completed in July 2014 compared to</span><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'><o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.5pt;font-family:"Arial","sans-serif";color:#333333'>1,005 in July 2013, an increase of 3.7 percent. </span><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'><o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'> <o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.5pt;font-family:"Arial","sans-serif";color:#333333'>Foreclosure sales have increased<br>slightly compared to this time last year, but still only amount to only 20 percent of<br>properties sold in July 2014.</span><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'><o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'><br></span><span style='font-size:10.5pt;font-family:"Arial","sans-serif";color:#333333'>Current inventory combined with the current pace of sales created a 4.9-­month supply<br>of single family homes in Lee County for July. There was a 5-­month supply in July 2013,<br>which indicates a sellers' market.</span><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'><br> <o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.5pt;font-family:"Arial","sans-serif";color:#333333'>"The benchmark for a balanced market (favoring neither buyer nor seller) is 5.5 months<br>of inventory",said Association President Karen Swanbeck. "If you are considering selling<br>a home in Lee County, the market indicates that now is a good time to do so".</span><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'><br> <o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.5pt;font-family:"Arial","sans-serif";color:#333333'>Lee County's housing market also showed positive year-­</span><span style='font-size:10.5pt;font-family:"Cambria Math","serif";color:#333333'>‐</span><span style='font-size:10.5pt;font-family:"Arial","sans-serif";color:#333333'>over-­</span><span style='font-size:10.5pt;font-family:"Cambria Math","serif";color:#333333'>‐</span><span style='font-size:10.5pt;font-family:"Arial","sans-serif";color:#333333'>year movement in median<br>price in July. The median price for single family homes was $179,000, an increase of<br>$16,900 or 10.4 percent compared to July 2013. </span><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'><o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'> <o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'> <o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'> <o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'> <o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt'><em><span style='font-size:8.5pt;font-family:"Arial","sans-serif";color:#333333'>The numbers reported by the Realtor® Association of Greater Fort Myers and the Beach represent all sales by members of Florida Realtors® in Lee County, FL. Statistics</span></em><i><span style='font-size:8.5pt;font-family:"Arial","sans-serif";color:#333333'><br><em><span style='font-family:"Arial","sans-serif"'>released each month may be revised in the future as new data is released.</span></em></span></i><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:#333333'><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-61783835882267848252014-06-18T17:43:00.000-07:002014-06-18T17:44:21.786-07:00Retirement moves make a comeback<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;margin-left:.25in;background:white'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><a name=link1></a><b><span style='font-size:14.0pt;font-family:"Georgia","serif";color:#61980A'>Retirement moves make a comeback<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.25in;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>ORLANDO, Fla. – June 17, 2014 – Steven Ramos, a retired letter carrier, estimated his cost of living would drop 80 percent when he moved from New York to a rental community in central Florida.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>In 12 years, Ramos saw the taxes on his modest 1,200-square-foot house in Queens rise from $1,400 a year to almost $4,000, and other bills climbed as well.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>"The increases are insane," Ramos said. "In the wintertime, we're pushing $400 to $500 a month to keep the house warm." So off to Nalcrest, Florida.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Retirement moves, which dropped sharply during the worst of the recession, are making a comeback.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Florida, the top draw for movers 55 and older, is gaining about 55,000 older movers each year, more than twice the growth it saw after the housing bubble burst in the middle of the last decade, according to a Stateline analysis of Census Bureau numbers. Florida's annual growth for this age group is 138 percent.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Arizona has seen an 18 percent increase in retiree moves and South Carolina 6 percent, as an average of annual moves in the post-recession years of 2009-2012 compared to 2006-2009.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>The 55 and older category is often used by researchers because people tend to be thinking of retirement when they make long-distance moves at that age, though they could still be moving for job transfers or other reasons.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Low cost of living and warm weather are prime draws for retirees. They tend to move from colder or high cost states such as New York, Illinois, New Jersey, Michigan and California, in search of warmer and lower cost states including Florida, Arizona, North and South Carolina and Texas. Many of the destination states also have relatively low property taxes – for instance, South Carolina's median annual property tax bill is just $769, compared to more than $7,000 in New Jersey.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Ramos and his wife, like many, put off a move because of the recession. "The bank gave us a hard time. We should have been out of here a long time ago," Ramos said.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><b><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Growth by city</span></b><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>The top five most popular cities for seniors have all seen increases since the recession ended in 2009, according to a study by William Frey, a demographer at the Brookings Institution. They are the metropolitan areas around Phoenix; Riverside, California; <b>Tampa-St. Petersburg</b>, Florida; Atlanta; and Denver.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>"An emerging senior boom is boosting not only traditional retirement destinations but also emerging ones in the Southeast, Mountain West and Texas," Frey wrote. "Florida and Arizona are coming back even bigger in the post-recession period, with some falloff for Texas."<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Some of those booming markets require caution.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>John Burns Real Estate Consulting, a prominent housing market analysis firm, notes a buying boom around the country by older Americans whose stock portfolios recovered from the 2008 crash. But the group is wary about "hockey-stick markets" like Phoenix, Las Vegas, Riverside and Tampa where prices fell drastically and "came back too far and too fast" when investors scooped up properties. (Picture the business end of a hockey stick.)<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Because of speculative price increases, "the markets there have gotten more challenging for the people who really want to live there," said Chris Porter, chief demographer at Burns.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Recreation for today's younger and healthier retirees is a big consideration – from the mountaineering and four-wheeling popular in the West to the bicycling, motorcycling and farming enjoyed by Kathy Merlino and her husband in South Carolina.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>"We moved from Michigan – high taxes, hard winters and high unemployment," said Merlino, who now blogs on retirement after a career in banking and real estate.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>"I saw people moving here from Florida in droves. I called it 'the Florida Trail' as people had retired from the north to Florida, which was the tradition, only to find they disliked the extreme heat," she said.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><b><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Moving halfway home</span></b><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>North Carolina has also become a destination for so-called "half-backers" who moved halfway back to their Northeast origins, said Rebecca Tippett, director of Carolina Demography at the University of North Carolina.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>"We have mountains and we have coasts and we have seasons," said Tippett. "The balance of amenities that the state offers with the cost of living is really nice."<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Florida, however, remains by far the destination of choice. A recent study by the University of Florida's Bureau of Economic and Business Research (BEBR) found the state's economy is becoming more dependent on tourism and retirees as agricultural lands are increasingly plowed under for housing. Service jobs for retirees have created a lower-skill job structure, the study suggests.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Moves to the state by seniors reached a low point of about 13,000 in 2007, but in 2012 rebounded to about 64,000, even higher than in 2005 when it was about 59,000, according to Stefan Rayer, BEBR's population director.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>"It is difficult for retirees to move to Florida when they can't sell their houses up north, and stricter mortgage lending rules must have played a role as well," said Rayer. "Another factor behind the recent uptick in migration may have to do with the stock market recovery, which has improved the net worth of many individuals."<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Rodney Harrell, who studies so-called livable communities for AARP, said many of the top destinations for older Americans, as noted by Frey of Brookings, are the same as those for younger people. Denver, Riverside, Austin, Portland, Oregon and others rank high with both age groups.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>"They're all seeking some of the same elements, like a walkable community and a booming economy, as well as being close to family members," said Harrell, who also pointed out that the vast majority of retirees do not move at all.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>An important consideration, whether moving or not, is to have a home that will not become burdensome later in life when mobility is reduced, Harrell said, noting a push to implement policies like one in Pima County, Arizona that requires new homes to have stair-free entrances and other amenities for the physically challenged.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>"People in general are very poor at planning for yet-unknown circumstances," said Harrell. "If I'm 75 and healthy I'm not necessarily going to plan a community where I can walk everywhere if I can still drive."<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>With that in mind AARP has embarked on a project to gauge communities for long-term livability and plans to rate areas on attributes like walkability and disabled access, and to establish a standard for "age-friendly communities."<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><b><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Staying put</span></b><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>New York state may have the largest loss of older movers, about 29,000 per year, but that's a tiny fraction of the million senior citizens in New York City alone, a number projected to grow 30 percent by 2030, according to Joe Salvo, population director for the city's planning department.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>"This increase is attributable to a number of reasons: walkable neighborhoods with easy access to stores, parks, and entertainment as well as transit, existing social networks and nearby family, strong social and community services, and the list goes on," said Salvo.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Frey's study indicates that moves by older Americans have rebounded faster than those of younger millennials. The stock market recovery is uniformly cited as a factor.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>A recent Associated Press poll found that half of older workers have delayed retirement plans because of the economy.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Merlino, the South Carolina retirement blogger, said there were worrisome times during the recession when the real estate market slowed and the value of stocks fell.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:0in;margin-bottom:5.0pt;margin-left:.25in;mso-line-height-alt:7.0pt;background:white'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>"Despite the recession, we had stayed in the stock market," Merlino said. "We recouped nicely and went on with our plans."<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Times New Roman","serif";color:#333333'>Copyright © 2014 Stateline.org, Tim Henderson. Distributed by MCT Information Services.</span><span style='font-size:22.0pt'><o:p></o:p></span></p><p class=MsoListParagraph style='text-indent:-.25in;mso-list:l0 level1 lfo2'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-47807676568507855392014-05-28T17:17:00.001-07:002014-05-28T17:17:36.976-07:00sparguthaben-droht-entwertung-ezb-bereitet-inflation-vor<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><a name=link1></a><a href="http://deutsche-wirtschafts-nachrichten.de/2014/05/14/sparguthaben-droht-entwertung-ezb-bereitet-inflation-vor/">http://deutsche-wirtschafts-nachrichten.de/2014/05/14/sparguthaben-droht-entwertung-ezb-bereitet-inflation-vor/</a><o:p></o:p></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-63646192195121918062014-05-28T17:16:00.001-07:002014-05-28T17:16:45.351-07:00Adventure park being built in Charlotte County<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:7.5pt;margin-left:.25in;background:white'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><a name=link1></a><b><span style='font-size:12.0pt;font-family:"Arial","sans-serif";color:black'>Adventure park being built in Charlotte County<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.25in;background:white'><i><span style='font-size:8.0pt;font-family:"Arial","sans-serif";color:black'>Posted: Feb 06, 2014 5:49 PM EST </span></i><span style='font-size:8.0pt;font-family:"Arial","sans-serif";color:black'><o:p></o:p></span></p><p class=MsoNormal align=right style='mso-margin-top-alt:0in;margin-right:22.5pt;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt;text-align:right;background:white'><b><u><span style='font-size:7.5pt;font-family:"Arial","sans-serif";color:white'><a href="http://wbbh.images.worldnow.com/images/24657252_BG1.jpg" title=""><span style='color:white'> </span></a></span></u></b><span class=MsoHyperlink><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></span></p><p class=MsoNormal align=center style='margin-left:.25in;text-align:center;background:white'><a href="http://wbbh.images.worldnow.com/images/24657252_BG1.jpg" title=""" "><span style='color:windowtext;text-decoration:none'><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhlBNHs0SqalCoQfMyVN_4kq_JJ73uBkvKcXgZdB1OOQ8Gofd17bZhsmpOqIFzpCMPYC49gFVjKWAGST2iunrW2D4xnYTtujKzBtCSWyr8JgXWVDHef6zxFNUT97FprrOL6WxCvlO4Zifo/s1600/image001-705352.jpg"><img src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhlBNHs0SqalCoQfMyVN_4kq_JJ73uBkvKcXgZdB1OOQ8Gofd17bZhsmpOqIFzpCMPYC49gFVjKWAGST2iunrW2D4xnYTtujKzBtCSWyr8JgXWVDHef6zxFNUT97FprrOL6WxCvlO4Zifo/s320/image001-705352.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_6018634761073048898" /></a></span></a><span style='font-size:8.0pt;font-family:"Arial","sans-serif";color:black'><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in;background:white'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'>CHARLOTTE COUNTY, FL - <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:9.0pt;margin-right:0in;margin-bottom:9.0pt;margin-left:.25in;background:white'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'>One thousand acres, 26 miles of trails and 15,000 seats. Those are just a few of the specs for a new outdoor family adventure park going up in Charlotte County. <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:9.0pt;margin-right:0in;margin-bottom:9.0pt;margin-left:.25in;background:white'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'>Florida Tracks and Trails is being built right now on Bermont Road, just west of State Road 31.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:9.0pt;margin-right:0in;margin-bottom:9.0pt;margin-left:.25in;background:white'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'>Nestled behind rows of trees and brush, Florida Tracks and Trails is starting to take shape.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:9.0pt;margin-right:0in;margin-bottom:9.0pt;margin-left:.25in;background:white'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'>"It's so much land to cover and this is just a small portion of it," says Florida Tracks and Trails Spokesperson Rachael Ketterman.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:9.0pt;margin-right:0in;margin-bottom:9.0pt;margin-left:.25in;background:white'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'>1,000 acres of blank canvas will be transformed into a family friendly outdoor adventure park--complete with paintball, motocross tracks, ATV trails, two ziplines, a recreation lake, RV resort and a 15,000 seat ampitheatre.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:9.0pt;margin-right:0in;margin-bottom:9.0pt;margin-left:.25in;background:white'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'>"We're just trying to create an environment for everybody of every age to come and enjoy and feel safe," says Ketterman. <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:9.0pt;margin-right:0in;margin-bottom:9.0pt;margin-left:.25in;background:white'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'>Safety is a big concern for Charlotte County Leaders.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:9.0pt;margin-right:0in;margin-bottom:9.0pt;margin-left:.25in;background:white'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'>"We learned a lot from the Red Neck Yacht Club and they had six conditions when their special exception went through, and so we wanted to make sure we didn't have a situation like that. As you know there have been a lot of safety issues out there, they're addressing those safety issues but with a new project like that we wanted to make sure we hit them up front," Charlotte County Planning and Zoning Official Shaun Cullinan. <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:9.0pt;margin-right:0in;margin-bottom:9.0pt;margin-left:.25in;background:white'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'>The county hit Tracks and Trails with four times the requirements before they could build. The design shows a helipad and driving lanes just for emergency vehicles--and it doesn't stop there.<o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:9.0pt;margin-right:0in;margin-bottom:9.0pt;margin-left:.25in;background:white'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'>"We're going to have a cashless environment once inside the park, so everybody will be using that to purchase anything from concession to retail , it'll also serve as a safety feature for drinking and driving," says Ketterman. <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:9.0pt;margin-right:0in;margin-bottom:9.0pt;margin-left:.25in;background:white'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'>The roughly 20 million dollar project will bring in millions for Charlotte and at least 200 permanent jobs. <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:9.0pt;margin-right:0in;margin-bottom:0in;margin-left:.25in;margin-bottom:.0001pt;background:white'><span style='font-size:9.0pt;font-family:"Arial","sans-serif";color:black'>"We are catering to Southwest Florida, people will come from all over the state to enjoy this," says Ketterman<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:12.0pt'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-87908406556339857632014-05-19T05:33:00.000-07:002014-05-19T05:34:00.890-07:00Busy summer travel season expected in 2014<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=size3 style='margin-left:.25in'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><a name=link1></a><b>Busy summer travel season expected in 2014</b><span style='font-size:7.0pt'><o:p></o:p></span></p><p style='margin-left:.25in;line-height:18.0pt'><span style='font-size:6.5pt;font-family:"Georgia","serif"'>With the brutal winter now in the rear view mirror, many Americans are planning to take summer vacations, recent travel surveys show. The majority of Floridians — 81 percent — expect to take at least one summer trip of 50 miles or more away from home with an overnight stay during the next three months. [Source: <a href="http://www.sun-sentinel.com/business/fl-summer-travel-outlook-2014-20140517,0,311555.story" target="_blank">South Florida Sun-Sentinel</a>]<o:p></o:p></span></p><p style='margin-left:.25in;line-height:18.0pt'><strong><span style='font-size:6.5pt;font-family:"Georgia","serif"'>See also:</span></strong><span style='font-size:6.5pt;font-family:"Georgia","serif"'><br></span><span class=subheadred1><span style='font-size:6.5pt'>» </span></span><span style='font-size:6.5pt;font-family:"Georgia","serif"'><a href="http://www.miamitodaynews.com/2014/05/14/foreigners-70-tourist-spending/" target="_blank">Foreigners do 70% of tourist spending</a><o:p></o:p></span></p><div class=MsoNormal align=center style='margin-left:.25in;text-align:center;line-height:18.0pt'><hr size=1 width="100%" noshade style='color:gray' align=center></div><p class=size3 style='margin-left:.25in'><a name=link2 id=link2></a><b>Gov. Scott touts record Florida tourism numbers</b><span style='font-size:7.0pt'><o:p></o:p></span></p><p style='margin-left:.25in;line-height:18.0pt'><span style='font-size:6.5pt;font-family:"Georgia","serif"'>In the first three months of 2014, the governor said Florida had a record 26.7 million visitors, an increase of 2 percent compared to the first quarter of 2013. It was the best quarter in terms of visitors in state history. [Source: <a href="http://www.tampabay.com/news/business/economicdevelopment/gov-scott-touts-record-tourism-numbers/2179947" target="_blank">Tampa Bay Times</a>]<o:p></o:p></span></p><p style='margin-left:.25in;line-height:18.0pt'><strong><span style='font-size:6.5pt;font-family:"Georgia","serif"'>See also:</span></strong><span style='font-size:6.5pt;font-family:"Georgia","serif"'><br></span><span class=subheadred1><span style='font-size:6.5pt'>» </span></span><span style='font-size:6.5pt;font-family:"Georgia","serif"'><a href="http://www.wtsp.com/story/news/2014/05/15/number-of-tourists-coming-to-florida-keeps-growing/9114599/" target="_blank">Florida tourism hits a record, but what's next?</a><br></span><span class=subheadred1><span style='font-size:6.5pt'>» </span></span><span style='font-size:6.5pt;font-family:"Georgia","serif"'><a href="http://watchdog.org/144553/florida-tourism/" target="_blank">Florida ready to spend $74 million on tourism</a><o:p></o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-41698264641569778862014-05-05T06:40:00.001-07:002014-05-05T06:40:53.876-07:00New college grads see more job opportunities<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoListParagraph style='text-indent:-.25in;mso-list:l0 level1 lfo2;background:white'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:#292727'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-size:7.5pt;font-family:"Georgia","serif";color:#292727'>By Marcia Heroux Pounds, Sun Sentinel<o:p></o:p></span></p><p class=MsoListParagraph style='margin-top:1.0pt;mso-margin-bottom-alt:auto;text-indent:-.25in;line-height:14.4pt;mso-list:l0 level1 lfo2;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:#757575'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><i><span style='font-size:6.0pt;font-family:"Arial","sans-serif";color:#757575'>May 4, 2014<o:p></o:p></span></i></p><p class=MsoListParagraph style='margin-top:5.0pt;mso-margin-bottom-alt:auto;text-indent:-.25in;line-height:18.0pt;mso-list:l0 level1 lfo2;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:#292727'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-size:7.5pt;font-family:"Georgia","serif";color:#292727'>As they don their caps and gowns, college graduates this spring are finding more reason to celebrate: It's the best job market since the Great Recession.<o:p></o:p></span></p><p class=MsoListParagraph style='margin-top:5.0pt;mso-margin-bottom-alt:auto;text-indent:-.25in;line-height:18.0pt;mso-list:l0 level1 lfo2;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:#292727'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-size:7.5pt;font-family:"Georgia","serif";color:#292727'>New graduates are fielding more job opportunities than last year or even last fall, college career counselors said.<o:p></o:p></span></p><p class=MsoListParagraph style='margin-top:5.0pt;mso-margin-bottom-alt:auto;text-indent:-.25in;line-height:18.0pt;mso-list:l0 level1 lfo2;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:#292727'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-size:7.5pt;font-family:"Georgia","serif";color:#292727'>"Students are much more confident, much more optimistic about their opportunities for employment at graduation," said Sandra Jakubow, director of the career development center at <a href="http://www.sun-sentinel.com/topic/education/colleges-universities/florida-atlantic-university-OREDU0000109.topic" title="Florida Atlantic University"><b><span style='color:#333333;text-decoration:none'>Florida Atlantic University</span></b></a> in <a href="http://www.sun-sentinel.com/community/news/bocaraton?track=tax-bocaraton"><b><span style='color:#333333;text-decoration:none'>Boca Raton</span></b></a>.<o:p></o:p></span></p><p class=MsoListParagraph style='margin-top:5.0pt;mso-margin-bottom-alt:auto;text-indent:-.25in;line-height:18.0pt;mso-list:l0 level1 lfo2;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:#292727'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-size:7.5pt;font-family:"Georgia","serif";color:#292727'>Nationally, employers say they plan to hire 8.6 percent more Class of 2014 graduates than they hired from the Class of 2013, according to a new survey from the National Association of Colleges and Employers.<o:p></o:p></span></p><p class=MsoListParagraph style='margin-top:5.0pt;mso-margin-bottom-alt:auto;text-indent:-.25in;line-height:18.0pt;mso-list:l0 level1 lfo2;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:#292727'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-size:7.5pt;font-family:"Georgia","serif";color:#292727'>In South Florida, unemployment is the lowest in five years — 6.4 percent in the Palm Beach, Broward and <a href="http://www.sun-sentinel.com/topic/us/florida/miami-dade-county/miami-%28miami-dade-florida%29-PLGEO100100408120000.topic" title="Miami (Miami-Dade, Florida)"><b><span style='color:#333333;text-decoration:none'>Miami</span></b></a>-Dade metro area — and new jobs are being created across most industries.<o:p></o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com1tag:blogger.com,1999:blog-2719316398929405901.post-81437218029319518232014-05-01T14:07:00.001-07:002014-05-01T14:07:29.711-07:00Florida Vacation Rental Bill-SB 356 just passed the Senate with compromise language<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p style='margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:#000001'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><strong><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000001'>Dear Owners:</span></strong><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000001'><br><br>The Florida Vacation Rental Bill-SB 356 just passed the Senate with compromise language. It will now go to Governor Scott.<br><br><strong><span style='font-family:"Verdana","sans-serif"'>(b) A local law, ordinance, or regulation may not prohibit vacation rentals, or regulate the duration or frequency of rental of vacation rentals. This paragraph does not apply to any local law, ordinance, or regulation adopted on or before June 1, 2011.</span></strong></span><br><br><br><strong><span style='font-family:"Verdana","sans-serif";color:#000001'>Bill Grants Local Governments Limited Control Over Rentals</span></strong><br><br><strong><i><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000001'>The legislation would ban some types of short-term housing.</span></i></strong><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000001'><o:p></o:p></span></p><div class=MsoListParagraph align=center style='text-align:center;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:#000001'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><hr size=2 width="100%" noshade style='color:#CCCCCC' align=center></div><p class=MsoListParagraph style='text-indent:-.25in;mso-list:l0 level1 lfo2'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><strong><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000001'>By ZAC ANDERSON</span></strong><b><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000001'><br><strong><span style='font-family:"Verdana","sans-serif"'>HALIFAX MEDIA SERVICES</span></strong></span></b><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#000001'><br><em><span style='font-family:"Verdana","sans-serif"'>Published: Wednesday, April 30, 2014 at 12:01 a.m.</span></em><i><br><em><span style='font-family:"Verdana","sans-serif"'>Last Modified: Thursday, May 1, 2014 at 12:36 a.m.</span></em></i></span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p><div class=MsoListParagraph align=center style='text-align:center;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><hr size=2 width="100%" noshade style='color:#CCCCCC' align=center></div><p class=Default style='margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo2'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:#245B88'><span style='mso-list:Ignore'>·<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><br><span style='font-size:10.5pt;font-family:"Georgia","serif";color:#000001'>Vacation rental owners appear to have fought off efforts to allow cities and counties in Florida once again to ban some types of short-term rentals.<br><br>The Florida House of Representatives passed a bill Wednesday that gives local governments limited control over rentals but not the regulatory power many were seeking.<br><br>City and county officials have supported a Senate version that would give local governments greater latitude to crack down on the rentals. But the House bill seems likely to win out in the final two days of the legislative session.<br><br>Nightly and weekly vacation home and condominium rentals have been a hot-button issue in some Southwest Florida beach communities, including Venice, Anna Maria and Holmes Beach. Full-time residents often complain about trash, noise and parking problems.<br><br>But many House members staunchly opposed restoring the ability of local governments to impose minimum-stay requirements or ban short-term rentals altogether, an authority that was revoked by the Legislature in 2011 after rental owners raised concerns about the increasing number of local regulations.<br><br>Even the watered-down House version of the rental oversight bill continued to draw criticism Wednesday, although it cleared the chamber by a comfortable 90-27 margin. The legislation allows local governments to adopt ordinances targeted specifically at rental properties, such as an inspection program or trash rules.<br><br>But unlike the Senate bill — which was amended to protect weekly rentals while allowing prohibitions on nightly or weekend rentals — no minimum-stay requirement could be imposed under the House legislation. That was enough to win over some property rights advocates.<br><br>Rep. Mike La Rosa, R-St. Cloud, said he was originally a strong opponent of the legislation but believes the House bill eventually found the "right balance."<br><br>Another bill supporter, Sarasota Republican Rep. Ray Pilon, said if local governments go too far with rental restrictions residents can vote them out, but "this is a case where we should not be preempting those locals who are responsible to their local citizens. Government closest to the people is the best."<br><br>City and county officials have been working to repeal the 2011 law that banned all local vacation rental regulations since it was enacted, but the effort gained a powerful ally this year in Sen. John Thrasher, a St. Augustine Republican.<br><br>He represents a community where rentals have been particularly controversial.<br><br>While the Florida League of Cities prefers Thrasher's bill, lobbyist Casey Cook said the House legislation is a step in the right direction.<br><br>"We are happy that the Legislature has acknowledged that vacation rentals are causing problems for cities in Florida and has given us back the authority to regulate these properties," Cook wrote in an email.<br><br>Holmes Beach City Commissioner Jean Peelen also expressed qualified support for the House bill. Peelen wanted lawmakers to completely repeal the 2011 law, but she said the House bill is better than nothing.<br><br>"At least some regulation of vacation rentals has been returned to the cities," she said.<br><br>Cook predicted that Thrasher would support the House bill to get something passed this session. The senator could not be reached for comment Wednesday.<br><br>The Florida Vacation Rental Managers Association also backs the House bill.<br><br>"Today's vote in the House looks to be a fair compromise for all property owners," association president Paul Hayes said in a statement. "This approach strikes a needed balance that we hope will protect Florida's vital, $31 billion-per-year vacation rental economy."</span><span style='font-size:11.5pt;color:#245B88'><o:p></o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0tag:blogger.com,1999:blog-2719316398929405901.post-16790137719585227732014-04-30T19:50:00.001-07:002014-04-30T19:50:59.638-07:00Cape Coral ranked among the best places to live in Florida<div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:7.5pt;margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l0 level1 lfo2;display:none;background:white'><![if !supportLists]><span style='font-size:10.0pt;font-family:Symbol;color:black;display:none'><span style='mso-list:Ignore'>·</span></span><![endif]><span style='color:black;display:none'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><a name="CP_JUMP_283571"></a><a name=custom283571></a><a name="CP_JUMP_283570"></a><a name=customcf283570></a><span style='font-size:12.0pt'>Cape Coral ranked among the best places to live in Florida. Cape Coral is an opportune city to thrive both personally and professionally. In recent years, its tremendous growth has placed it as a top contender for corporate relocations and business expansions for companies worldwide. Great opportunities are waiting for you as a new business or established business.<o:p></o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'><o:p> </o:p></span></p><p class=Default style='margin-left:.25in'><span style='font-size:11.5pt;color:#245B88'>Provided by <a href="http://www.floridacapecoralrealestate.com/">floridacapecoralrealestate</a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:5.75pt;margin-right:0in;margin-bottom:5.75pt;margin-left:.25in;line-height:8.05pt;background:white'><span style='font-size:6.5pt;font-family:"Times New Roman","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>There are still plenty of </span><span class=apple-converted-space><u><span style='font-size:10.0pt;font-family:"Georgia","serif";color:blue'>Florida <a href="http://www.book-a-vacation.com/">Vacation</a> Homes </span></u></span><span class=apple-converted-space><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'> </span></span><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'>in Cape Coral for great rates available compared to other cities in SW Florida. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.25in'><span style='font-size:10.0pt;font-family:"Georgia","serif";color:#333333'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:141.0pt;margin-left:.25in;line-height:18.0pt'><o:p> </o:p></p><p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:2.5pt;margin-left:.25in;line-height:13.5pt'><o:p> </o:p></p></div>floridacapecoral.infohttp://www.blogger.com/profile/13923469649019546827noreply@blogger.com0