Real Estate

Thursday’s Afternoon Update – Florida Trend


Jobless claims slowing after Ian bump

Unemployment claims in Florida continued to slow last week, but applications still rolled in at a higher pace than before Hurricane Ian hit the state Sept. 28. The U.S. Department of Labor released a report Thursday that said an estimated 7,086 initial jobless claims were filed in Florida during the week that ended Nov. 5, down from a revised count of 7,803 during the week that ended Oct. 29. Last week’s total was the lowest weekly number since the Category 4 hurricane made landfall in Southwest Florida and swept across the state. More from the News Service of Florida.

Sprawling Tropical Storm Nicole drenching Florida, Georgia

Nicole remains a sprawling tropical storm, covering nearly the entire weather-weary state of Florida Thursday while also reaching into Georgia and the Carolinas. Damaging winds extended as far as 450 miles (720 kilometers) from the center in some directions as Nicole turned northward over central Florida Thursday morning. More from the AP.

15th annual Lawfest to offer free legal services in St. Petersburg

It started as a two-person effort at a St. Petersburg diner in the early 2000s. Grassroots organizer Theresa “Momma Tee” Lassiter saw a need for legal services in her community. So she recruited the help of attorney and then-city council member Bill Foster. From there, Lassiter launched an annual Lawfest, bringing together dozens of attorneys to help those in need sort through legal affairs, get their records expunged or have their rights restored. More from the Tampa Bay Times.

Orlando home sellers get frustrated as market hits the brakes

Real estate agent Kimberly Ann Zeidner says she understands the frustration of her clients trying to sell homes. One house, purchased last year as an investment property, has sat on the market for four months. “[Appraisers] say it’s priced correctly,” Zeidner said. “But the buyers’ market is saying otherwise.” Orlando homes were selling nearly as fast as sellers could list them during the hot housing market of the past two years. But as interest rates have risen and investors have pulled back, listings are starting to pile up, and experts say sellers need to start upping their game. More from the Orlando Sentinel.

Miami-Dade seeks new ways to retain vital beach sand

As sand renourishment continues in an 830,000-cubic yard project in Miami Beach, the county has acquired consultation for alternative ways to retain sand along county-managed beaches. Miami-Dade County’s Division of Environmental Resources Management has hired coastal engineering firm GHD Services Inc. to consider alternative ways to retain sand along county-managed beaches and to reevaluate the performance of such existing structures as breakwaters at Miami Beach’s 29th to 32nd streets and recommend on sand retention there. More from Miami Today.

Trend Mention

2022 FAV Summit

The Florida Automated Vehicles Summit is the premier space to address Florida’s most challenging and revolutionary ideas in the space of automated, electric, connected, and shared vehicles. Register now to connect with policymakers and industry leaders and get a glimpse into the future of transportation.

Entertainment
Wrestler ‘The Bunny’ just shot a Lifetime movie around Tampa Bay

Professional wrestler and social media influencer Laura Dennis is not only considered a star of “Bad Tenant,” the new Lifetime movie shot in the Tampa Bay area from late October through early November. The Buffalo resident is also a star in the local film commissions’ plans to promote the area through film.

» More from the Tampa Bay Times.

 

Profile
Lissette Calderon

During a break in the closing for a $57.5-million construction loan for her latest residential tower, Miami’s Lissette Calderon reflects on her past. In what other city, she asks, could a first-generation Cuban- American woman break ground on her first high-rise at age 28? Calderon, now 48, was closing that loan for a 14-story, 237-unit apartment project called Fourteen Allapattah Residences, her third in the once down-at-the heels neighborhood northwest of downtown.

» Read more from Florida Trend.

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Daily Pulse, Afternoon Pulse

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