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☆ Home prices are falling in parts of Florida and Texas as buyers tap out and supply outpaces demand
▼ + stars: | 2024-05-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Home prices are falling in parts of Florida and Texas even as they soar nationally. Sale prices only dropped in 15 of 221 metro areas last quarter, and five were in those states. High prices, steeper mortgage rates, and supply catching up with demand help explain the declines. AdvertisementHome prices are falling in parts of Florida and Texas as buyers tap out and supply catches up with demand. AdvertisementThe takeaway is that a combination of sky-high prices, steeper mortgage rates and other costs like insurance squeezing buyers' budgets, and supply catching up with demand has resulted in prices flatlining or falling in parts of Florida and Texas, bucking the national trend.

Persons: —, Fort Myers, Redfin, Coral Organizations: Service, National Association of Realtors, Fort, Fort Walton, Austin, Rock, NAR, Panama City, Homeowners, Federal Locations: Florida, Texas, Panama City, Crestview, Fort, San Antonio, New Braunfels, Lac , Wisconsin, Illinois, Kankakee, Rockford, Champaign, Urbana, Austin, Panama

☆ 2 states where home prices are falling because there are too many houses and not enough buyers
▼ + stars: | 2024-04-26 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Despite a US housing shortage, Florida and Texas have too much supply, Redfin said. AdvertisementA lack of US housing has fenced off most would-be buyers, but two states are dealing with the opposite problem — an overflow of homes. According to Redfin, Florida and Texas have properties stagnating on the market, as demand is shifting away from these areas. The number of homes also jumped 25% in McAllen, Texas, Redfin reported on Thursday. Of the country's top 10 metros where sellers were most likely to slash listed prices, seven are located in these two states.

Persons: Redfin, —, Eric Auciello, Auciello, isn't Organizations: Service, North Port, First Locations: Florida, Texas, Redfin , Florida, Coral, North Port , Florida, McAllen , Texas, North, North Carolina, Tennessee

☆ Florida condo owners are stuck in a 'train wreck' as prices drop and mounting insurance rates scare away buyers
▼ + stars: | 2024-03-10 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

Read previewThe Florida condo market is caught in a storm. By contrast, median condo prices nationally rose 8% over the same period, to around $340,000. A deepening insurance crisis for Florida homeownersThe rising cost of insurance has been a long-simmering problem in Florida. Recently, he walked away from buying a $300,000 condo in North Palm Beach that would have come with a $4,500 annual insurance bill. On his own single-family home in Palm Beach Gardens, Forina added, his annual insurance premium, which was $2,600 in 2017, jumped to $8,200 in 2024.

Persons: —, It's, Joe Humphfner, rusk, Florida homeownership, Holly Meyer Lucas, Meyer Lucas, Anthony Forina, Forina, Humphfner Organizations: Service, Business, Sunshine State, Farmers Insurance, Bankers Insurance, Homeowners, Wall Street Journal, Condo, Humphfner Locations: Florida, Jupiter, West Palm, Jacksonville, Miami, Coral, Florida's, South Florida, North Palm, Palm Beach

☆ A boomer moved back to Virginia after living in Florida for a decade. She said she would 'never own another home' in the Sunshine State and loves the slower pace of life.
▼ + stars: | 2024-02-19 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

Nancy, a 68-year-old retiree, moved back to Virginia from Florida due to escalating costs and the heat. “There’s so much you don’t know about living in Florida and owning a home in Florida until you’re actually living it,” Nancy said. The Census Bureau’s 2022 American Community Survey found that between 2021 and 2022, nearly 23,800 people moved from Florida to Virginia, while almost 33,000 moved from Virginia to Florida. AdvertisementNancy moved with her husband to Cape Coral 11 years ago after four of her five kids moved there. They settled on Cape Coral for the beach access and warm weather, and for the first few years, they made the most of their time there.

Persons: Nancy, —, aren’t, Virginia —, “, you’re, ” Nancy, “ I’m, isn't, ”, Hurricane Ian, Virginia Nancy, it’s Organizations: Service, Sunshine State, Virginia Tech, Bureau, Survey, Florida —, Cape Coral, Coral, Insurance Information Institute, Hurricane, Radford University Locations: Virginia, Florida, Nancy, Cape Coral, Georgia, Texas, Northern Virginia, Fairfax County, Cape, New Hampshire, Virginia Tech, Coral

☆ Here's where boomers are retiring to
▼ + stars: | 2023-11-30 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +3 min

Clearwater, Florida, topped SmartAsset's new list of where baby boomers are moving. All but two cities in the top 10 were in Florida, Arizona, or Nevada, though one was in Montana. Four of the top 10 cities — as measured by boomers who moved in 2022 as a percentage of the total population — were in Florida. Nearly 30% of Cape Coral's total population are boomers, while Clearwater is 27%. Over 28% of Scottsdale's total population are boomers.

Persons: —, SmartAsset, Xers Organizations: Service, Survey, Cape Coral, Oceanside —, U.S . News Locations: Clearwater , Florida, Florida , Arizona, Nevada, Montana, Florida, Arizona, Nevada , Montana, North Carolina, Orlando, Cape, St . Petersburg, Coral's, Clearwater, Mesa, Scottsdale, Reno , Nevada, Lake Tahoe, California, Santa Rosa, Billings , Montana, South, Billings, Montana's, America, Pennsylvania, Harrisburg, Reading, Lancaster, U.S, Surprise, Fort Lauderdale

☆ Wall Street and money moved into South Florida, driving up prices. Now some residents want to move out.
▼ + stars: | 2023-10-22 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +10 min

They're looking to nearby smaller cities in South Carolina, North Carolina, Georgia, and Tennessee. They're picking places like Knoxville, Tennessee; Greenville, South Carolina; Huntsville, Alabama; and Asheville, North Carolina; which she collectively refers to as "the Villes." AdvertisementAdvertisementWhy CEOs moved their lives — and their businesses — to FloridaWall Street moved to South Florida in droves in 2020 and 2021. Billionaire hedge-fund CEOs — like Citadel's Ken Griffin — paid record-shattering amounts for South Florida homes , added offices, and moved their businesses there entirely from New York, Chicago, and Silicon Valley. They bought a 2,400-square-foot, four-bedroom home on an acre of land for the same price in Greenville, South Carolina.

Persons: —, There's, Nicole Panesso, Holly Meyer Lucas, Meyer Lucas, Ken Griffin —, Brian Guzman, Guzman, Jonathan Miller, Ken Griffin, PATRICK T, FALLON, It's, Larry Ellison, Miller, Michael Bordenaro, Greg May, Marcia Straub, Keller Williams, Jill Cody, she's, Ryan Wilson, Jami, Alexander Spatari, Jami Wilson Organizations: Service, Sunshine State, Census Bureau, Orlando, Coral, Fort Myers, Florida Wall, Billionaire, Guzman Advisory Partners, Getty, West Palm Beach, Florida Atlantic University, Silicon, Oracle, South, South Florida metros, Fortune, Miami, Homes, Army Locations: Florida, Greenville, Knoxville, South Florida, Chattanooga , Tennessee, South Carolina, North Carolina , Georgia, Tennessee, Knoxville , Tennessee, Greenville , South Carolina, Huntsville , Alabama, Asheville , North Carolina, Realtor.com, Asheville, Miami, Gulf Coast, New York, Chicago, Silicon, West Palm, Fort Lauderdale, Palm Beach, Texas, North Carolina, Greensboro, Fort

☆ How Florida became America's 2nd-most-valuable housing market
▼ + stars: | 2023-10-01 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

Florida beat out New York to become the country's second-most-valuable housing market, Zillow said. Of the top six markets that gained the most value since the onset of COVID-19, four are in Florida. The market boom is driven by an influx in new residents putting more demand on the housing stock. Florida welcomed 655,000 new residents since the start of the pandemic, according to Census estimates reported by Insider in March. Stefanie Mortenson traded her life in Virginia for a $159,000 tiny home near Tampa, Florida.

Persons: Zillow, —, Stefanie Mortensen, Stefanie Mortenson, Noelle Lane, Nicole Panesso, There's, David Triana Organizations: Florida, Service, Sunshine, Bloomberg, Florida Atlantic University, Florida International University, Tampa, North, Coral, Lakeland, Cape Coral, Joint Center for Housing Studies, Harvard University Locations: New York, Florida, California, Tampa, Miami, Jacksonville, Orlando, Virginia, Tampa , Florida, North Port, Palm, Gulf Coast, Naples, Cape, Georgia, Tennessee, Nicole Panesso South Florida, Fort Lauderdale, Chattanooga , Tennessee, Clermont , Florida

☆ The vicious cycle of homeowners insurance: It's increasingly expensive to protect homes in the disaster-prone areas that need it most
▼ + stars: | 2023-09-20 | by ( Dan Latu | ) www.businessinsider.com time to read: +6 min

Earlier this year, Allstate joined State Farm in no longer offering new home insurance in California over climate risk. Across the country, 83% of prospective homebuyers said climate risk factored into where they are shopping for homes, according to a recent Zillow study. Danny Collins of Hobe Sound, Florida, told Insider in July how the bank holding his mortgage raised his monthly rate by $1,000, citing increased flood insurance. Matheus told Insider. Have you moved or are you considering a move because of climate risk and extreme weather events?

Persons: Carolyn Kousky, Berkshire Hathaway, Vox, Dave Jones, they'll, Danny Collins, Collins, Bob Stephens, Stephens, Martha Flanagan, Jason Beury, Charles Matheus, Kelly Roberge, Matheus, Dan Latu Organizations: Service, The Washington Post, Environmental Defense Fund, Allstate, Berkshire, Nationwide, National Association of Insurance, . Erie Insurance Group, Washington Post, State Farm, Farmers Insurance, Insurance, Wall Street, Journal, Hobe, Marathon Locations: Florida, Kansas, New York, California, Louisiana, United States, Coral, Florida's, Hobe Sound, Arizona, Brooklyn , New York, Kansas City , Kansas, Utica , New York, dlatu@insider.com

Ian killed 75 people in Lee County, nearly half of the statewide death toll of 149, officials said. At that point, the National Hurricane Center flagged the possibility of a storm surge covering much of Cape Coral and Fort Myers. Parts of Fort Myers Beach had a 40 percent chance of a six-foot-high storm surge, according to the surge forecasts. In Lee County officials said they were waiting to make an assessment the next morning. Officials expanded their evacuation order later in the morning, and by the middle of the afternoon, Lee County officials were more urgent in their recommendation.

Persons: Ian, Lee County, Ron DeSantis, Lee, Fort Myers, ” Organizations: National Hurricane Service, National Hurricane Center, Fort Myers, Facebook Locations: Florida, Tampa, Fort Myers, Lee County, Fort Myers Beach, Sanibel, State, Coral, Fort, Cape Coral, Neighboring Pinellas, Hillsborough, Manatee, Charlotte, Sarasota County, Lee

☆ Idalia is expected to rapidly intensify in the extremely warm Gulf of Mexico. Here’s what that means
▼ + stars: | 2023-08-28 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +17 min

Mike Lang/USA Today Network Workers and residents clear debris from a destroyed bar in Fort Myers on Saturday, October 1. Thomas Cordy/The Palm Beach Post/USA Today Network This aerial photo shows damaged homes and debris in Fort Myers Beach on Thursday. Wilfredo Lee/AP Jake Moses and Heather Jones explore a section of destroyed businesses in Fort Myers Beach, Florida, on Thursday. Alexandre Meneghini/Reuters Frederic and Mary Herodet board up their Gulf Bistro restaurant in St. Pete Beach, Florida, on Tuesday. Martha Asencio-Rhine/Tampa Bay Times via ZUMA Press Wire Sarah Peterson fills sandbags in Fort Myers Beach on September 24.

Persons: Ian —, Idalia, ” Brian McNoldy, Allison Wing, Florida State University . Hurricane Franklin, ”, Wing, ” McNoldy, Andrew Kruczkiewicz, Kruczkiewicz, Ricardo Arduengo, Joe Biden, Jill Biden, Hurricane, Evan Vucci, Greg Guidi, Thomas Bostic, Joe Raedle, Win McNamee, Stephanie Fopiano, Kenya Taylor, Mike Lang, Giorgio Viera, Jonathan Drake, Candy Miller, Ana Kapel, Amy Beth Bennett, Meg Kinnard, Shannon Stapleton, Steve Helber, Joe Burbank, Orlando Sentintel, Alex Brandon, Jim Watson, Eva Marie Uzcategui, Bob Levitt, Thomas Cordy, Wilfredo Lee, Jake Moses, Heather Jones, Douglas R, Clifford, Tom, Jonathan Strong, Kylie Dodd, Brenda Brennan, Sean Rayford, John Raoux, Stefanie Karas, ZUMA, Ian, Marco Bello, Ben Hendren, Pedro, Reuters Melvin Phillips, Crystal Vander, Bryan R, Smith, Hurricane Ian, Greg Lovett, Stephen M, Dowell, Zuram Rodriguez, Joe Cavaretta, Crews, Ramon Espinosa, Yamil Lage, Chris O'Meara, Maria Llonch, Willie J, Allen Jr, Alexandre Meneghini, Reuters Frederic, Mary Herodet, Pete, Adalberto Roque, Phelan M, Ryan Copenhaver, Siesta, Gregg Newton, Cathie Perkins, Martha Asencio, Sarah Peterson, Andrew West, ” Kruczkiewicz, McNoldy, you’re Organizations: CNN, National Hurricane Center, University of Miami, “, National Oceanic, Atmospheric Administration, Florida State University . Hurricane, Columbia Climate School, Columbia University, Getty, Fort Myers, Venice High, USA Today Network Workers, Reuters, South Florida Sun, AP, US Army National Guard, AP University of Central, Bloomberg, Texas, Force, USA, Tampa Bay Times, Zuma Workers, Orange County Government, An, AP Vehicles, NOAA, NASA, City, Naples Police, Anadolu Agency, Punta Gorda, El, El Nuevo Herald, TNS, Officials, Orlando Sentinel, AP Highways, Wednesday, Sentinel, AP People, Southwest, Tampa International Airport, Bistro, Vehicle, Kennedy Space Center, International, Costco, ZUMA Press, Hurricanes Locations: Gulf of Mexico, Florida, Matlacha , Florida, AFP, Fort Myers , Florida, Island , Florida, Fort, Fort Myers Beach, Kenya, North Port, Venice , Florida, Fort Myers, Myrtle Beach , South Carolina, South Florida, Quarterman, North Charleston , South Carolina, North Port , Florida, Sanibel, AP University of Central Florida, Orlando , Florida, Orlando, Charleston , South Carolina, New Smyrna Beach , Florida, Cape Coral , Florida, Palm Beach County , Florida, Fort Myers Beach , Florida, Naples , Florida, Orange County , Florida, Orange County, Punta Gorda , Florida, Punta Gorda, Port Charlotte , Florida, Captiva, Port Charlotte, Iona , Florida, Bonita Springs , Florida, An Orlando, Sanibel , Florida, Tampa , Florida, Punta, Tampa, Roberts, El Nuevo, Stuart , Florida, Tampa Bay, Delray Beach , Florida, The, Hurricane, Pembroke Pines , Florida, Davie , Florida, Havana, Cuba, Batabano, Pinar del Rio, St, Pete Beach , Florida, Cape Canaveral , Florida, Cuban, Fanguito, Sarasota , Florida, Havana Bay, Kissimmee, Pinellas County , Florida, Augusta , Georgia, Columbia, South Carolina

☆ Rapid intensification, explained
▼ + stars: | 2023-08-17 | by ( Jennifer Gray | ) edition.cnn.com time to read: +14 min

So as the climate crisis forces up ocean temperatures, rapid intensification becomes more likely, pushing storms to explode at a rapid pace into deadly hurricanes, scientists say. Mike Lang/USA Today Network Workers and residents clear debris from a destroyed bar in Fort Myers on Saturday, October 1. Thomas Cordy/The Palm Beach Post/USA Today Network This aerial photo shows damaged homes and debris in Fort Myers Beach on Thursday. Wilfredo Lee/AP Jake Moses and Heather Jones explore a section of destroyed businesses in Fort Myers Beach, Florida, on Thursday. Martha Asencio-Rhine/Tampa Bay Times via ZUMA Press Wire Sarah Peterson fills sandbags in Fort Myers Beach on September 24.

Persons: ”, Phil Klotzbach, Klotzbach, ” Klotzbach, Ricardo Arduengo, Joe Biden, Jill Biden, Hurricane, Evan Vucci, Greg Guidi, Thomas Bostic, Joe Raedle, Win McNamee, Stephanie Fopiano, Kenya Taylor, Mike Lang, Giorgio Viera, Jonathan Drake, Candy Miller, Ana Kapel, Amy Beth Bennett, Meg Kinnard, Shannon Stapleton, Steve Helber, Joe Burbank, Orlando Sentintel, Alex Brandon, Jim Watson, Eva Marie Uzcategui, Bob Levitt, Thomas Cordy, Wilfredo Lee, Jake Moses, Heather Jones, Douglas R, Clifford, Tom, Jonathan Strong, Kylie Dodd, Brenda Brennan, Sean Rayford, John Raoux, Stefanie Karas, ZUMA, Ian, Marco Bello, Ben Hendren, Pedro, Reuters Melvin Phillips, Crystal Vander, Bryan R, Smith, Hurricane Ian, Greg Lovett, Stephen M, Dowell, Zuram Rodriguez, Joe Cavaretta, Crews, Ramon Espinosa, Yamil Lage, Chris O'Meara, Maria Llonch, Willie J, Allen Jr, Alexandre Meneghini, Reuters Frederic, Mary Herodet, Pete, Adalberto Roque, Phelan M, Ryan Copenhaver, Siesta, Gregg Newton, Cathie Perkins, Martha Asencio, Sarah Peterson, Andrew West, Ida, Laura, Hurricane Dorian Organizations: CNN, of Atmospheric Science, Colorado State University, North Atlantic, Getty, Fort Myers, Venice High, USA Today Network Workers, Reuters, South Florida Sun, AP, US Army National Guard, AP University of Central, Bloomberg, Texas, Force, USA, Tampa Bay Times, Zuma Workers, Orange County Government, An, AP Vehicles, NOAA, NASA, City, Naples Police, Anadolu Agency, Punta Gorda, El, El Nuevo Herald, TNS, Officials, Orlando Sentinel, AP Highways, Wednesday, Sentinel, AP People, Southwest, Tampa International Airport, Bistro, Vehicle, Kennedy Space Center, International, Costco, ZUMA Press, Louisiana, Simpson Locations: North, Matlacha , Florida, AFP, Fort Myers , Florida, Island , Florida, Fort, Fort Myers Beach, Kenya, North Port, Venice , Florida, Fort Myers, Myrtle Beach , South Carolina, South Florida, Quarterman, North Charleston , South Carolina, North Port , Florida, Sanibel, Florida, AP University of Central Florida, Orlando , Florida, Orlando, Charleston , South Carolina, New Smyrna Beach , Florida, Cape Coral , Florida, Palm Beach County , Florida, Fort Myers Beach , Florida, Naples , Florida, Orange County , Florida, Orange County, Punta Gorda , Florida, Punta Gorda, Port Charlotte , Florida, Captiva, Port Charlotte, Iona , Florida, Bonita Springs , Florida, An Orlando, Sanibel , Florida, Tampa , Florida, Punta, Tampa, Roberts, El Nuevo, Stuart , Florida, Tampa Bay, Delray Beach , Florida, The, Hurricane, Pembroke Pines , Florida, Davie , Florida, Havana, Cuba, Batabano, Pinar del Rio, St, Pete Beach , Florida, Cape Canaveral , Florida, Cuban, Fanguito, Sarasota , Florida, Havana Bay, Kissimmee, Pinellas County , Florida, Bahamas

☆ The 10 hottest cities for people who want a new hometown
▼ + stars: | 2023-08-01 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

More affordable cities such as Las Vegas topped Redfin's list for the first time ever. Major cities including San Francisco, New York, and Los Angeles saw the biggest outflow while Las Vegas topped Redfin's list for the first time ever. Like Las Vegas, both cities are relatively affordable in comparison to Los Angeles or San Francisco. The average Las Vegas home costs less than half as much as buying one in the major California cities, according to Redfin. Many of the popular cities boasted warm climates and low house prices — five of the 10 most popular destinations on Redfin's list were in Florida.

Persons: Redfin, keener, Terry Vine, Gregg Newton Organizations: Vegas, Service, Bank of America, Red Museum, Getty, Orlando , Florida Walt Disney Locations: San Francisco , New York, Los Angeles, Wall, Silicon, Vegas, Phoenix, Tampa, Las Vegas, San Francisco, California, Florida, Houston , Texas, Houston, Miami , Florida Miami , Florida, Dallas , Texas, Coral , Florida, Cape Coral , Florida, North Port, Sarasota , Florida, Sacramento , California, Orlando , Florida, AFP, Tampa , Florida Tampa , Florida, Phoenix , Arizona, Las Vegas , Nevada

☆ 1 in 4 U.S. homebuyers want to move to a different city—here's the No. 1 place they're looking
▼ + stars: | 2023-07-30 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

Homeownership costs seem to be driving the trend, as the majority of homebuyers are from cities with some of the highest home prices in the country, such as New York or Los Angeles. Net inflow is the number of people looking to move into a city minus the number of people looking to leave. This makes sense, as those are some of the cities where the most homebuyers seemingly want to leave. For instance, most out-of-town buyers looking for properties in Las Vegas are from Los Angeles. The median cost of a home in Las Vegas is $412,500 as of June, nearly half the $975,000 median cost for homes in Los Angeles, according to Redfin's data.

Persons: Redfin, they've Organizations: Las Vegas, Port Locations: South, New York, Los Angeles, Las Vegas, Tampa , Florida, Orlando, Florida, Sacramento , California, Sarasota , Florida, Coral , Florida, Dallas, Miami, Houston, Seattle , New York, Chicago, San Francisco, York City, Angeles, Washington, Boston, Seattle, Hartford , Connecticut, Denver, Detroit

☆ Homebuyers flocking to Florida have driven cities in the state to become the most overvalued in the US
▼ + stars: | 2023-07-06 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Florida now contains five of the 10 most overvalued cities in the US, thanks to hoards of newcomers in recent years. Tampa, Florida is now the third most overvalued housing market in the country, with buyers paying a 43% premium. Of the top 10 most overvalued housing markets in the US, five are now located in Florida, according to a recent study from Florida Atlantic University and Florida International University. That's a big jump from August 2021, when Florida had zero cities that cracked the top 10. High mortgage rates have driven up borrowing costs for buyers, while limited housing supply has pushed prices higher.

Persons: —, That's, Ken Johnson, Johnson Organizations: Service, Florida Atlantic University, Florida International University, North, Coral, Lakeland, FAU, Sun, Sunshine State Locations: Florida, Tampa , Florida, America, North Port, Palm, Mississippi, Miami

☆ The Places Most Affected by Remote Workers’ Moves Around the Country
▼ + stars: | 2023-06-17 | by ( ) www.nytimes.com time to read: +11 min

Source: American Community SurveyThis rising mobility was driven by remote workers who sought new housing in their same metro areas, but also by a wave of remote workers decamping to other parts of the country. The rise of remote work meant that many such workers moved into these places, too. But for New York, San Francisco, Washington and Los Angeles, significantly more remote workers left than arrived. New York Metro Area Net domestic migration of workers Prepandemic 2018-19 Pandemic 2020-21 In-person workers Remote The N.Y.C. The remote workers identified this way may range from hybrid workers who primarily work from home to permanent remote workers and self-employed people who have no nearby office to visit.

Persons: ”, Hans Johnson, Johnson, Nicholas Bloom, Mr, Bloom, Adam Ozimek, Ozimek, Eric Carlson, It’s, “ Organizations: San, Major Metros, metros, York, Angeles, Washington, Seattle, Raleigh, Diego, Dallas, Sacramento, Hartford, American, Survey, San Jose metros, New York Metro Area Net, Public, Institute of California, Remote Workers, American Community Survey, Stanford, Economic Locations: San Francisco, New York, San Francisco , Washington, Los Angeles, Austin, Denver, Dallas, Nashville, Jose, Calif, Austin , Texas, N.C, Portland, Ore, Va, Conn, California, Bay Area, Washington, Ocean City, N.J, Cape Cod, Salisbury, Md, Maryland, Delaware, Fla, Stroudsburg, Pa, S.C, Panama City, Duluth, Minn

☆ These are the top 10 cities where Americans are overpaying for houses
▼ + stars: | 2023-06-15 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

The housing market remains tight, and some US cities are seeing homes that are listed more than 40% above their historical value. New data from Florida Atlantic University broke down the most overpriced housing markets in the country. Five of the 10 most overpriced cities are located in Florida. FAU researchers compiled current home price data and compared it to historical trends to find which places Americans were overpaying the most. Below are the 10 most overpriced US cities, with the percentage signifying the premium between current prices and long-term pricing trend.

Persons: —, Ken H, Johnson Organizations: Florida Atlantic University, Service, Florida Atlantic University . Atlanta, FAU Locations: Florida, Atlanta , Georgia, Detroit , Michigan, Tampa , Florida, North Port , Florida, Coral , Florida, Memphis , Tennessee, Lakeland , Florida, Charlotte , North Carolina, Palm Bay , Florida, Winston , North Carolina

☆ What It’s Like to Be a Queer Teenager in America Today
▼ + stars: | 2023-06-03 | by ( ) www.nytimes.com time to read: +16 min

teenagers, high school is a much more accepting place than even a decade ago. Their experiences highlight a “paradoxical finding,” as researchers have described it: Even as social inclusion for young L.G.B.T.Q. To better understand, we took a national poll and talked to two dozen high school students in five states. It’s a different world from when his older sister, Brianna Henderson, attended just seven years ago, when there were very few openly gay students. His home state has passed laws related to restroom use and sports participation for young transgender people.

Persons: ”, Reese Whisnant, They’re, Stephen T, Russell, It’s, Brianna Henderson, Reese Whisnant Barrett Emke, Henderson, Reese, shouldn’t, Gen, Jareth Leiker, Jareth, Ricardo Nagaoka, “, ” Jerry Strohecker, it’s, ” Adrian Soriano, Kansas Barrett Emke, “ Will, Grace ”, Jason Collins, Caitlyn Jenner, Kardashian, Matthew Rivas, Younger, nonbinary, “ You’re, Jeff Jones, “ It’s, I’m, ’ ”, Athena Stiles, Athena Stiles Barrett Emke, I’ve, Shaggy Sargent, Willow Menashe, Eleanor Woosley, Mr, Rivas, Koehl, GLSEN, ” Logan Hortenstine, ” Jayden, Florida Ricardo Nagaoka, ” Isaac Siegel, Wilson, Shelley L, Craig, “ They’re Organizations: Topeka, Republican, University of Texas, Austin, ”, The New York Times, Gallup, United States, Supreme, North, University of Illinois, New York Times, Social Survey, Topeka High, ” Pew Research Center, Centers for Disease Control, Research, American Academy of Pediatrics, American Medical Association, University of Toronto Locations: Topeka High, Kansas, Florida , Kansas, Iowa, Oregon, United, Portland ,, ” Jerry Strohecker , Oregon, Cape Coral, Fla, Shaggy Sargent , Iowa, Willow Menashe , Oregon, Southern, West, United States, Europe, ” Logan Hortenstine , Kansas, ” Jayden D’Onofrio, Florida, Portland, Wilson , Oregon, Canada, Beeville , Texas, ”

☆ Activists gather for Earth Day, urge action to avoid 'dystopian' future
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +3 min

"Climate impacts are here," Areeba Hamid, co-executive director of Greenpeace UK, said on Friday as climate change activists walked down the street outside parliament, some dressed in green costumes and green paint. Activists led by the Extinction Rebellion group have gathered in London to kick off a four-day action, billed "The Big One", to coincide with Earth Day. [1/5] Peru's shamans perform a traditional ritual and make an offer to "Pachamama" (Mother Earth) on the eve of "Earth Day", in Lima, Peru April 21, 2023. In Peru, shamans on Friday made an offering to the "Pachamama", or Mother Earth. Holding yellow flowers and rattles, the shamans walked around a papier-mache globe as they performed a cleansing ritual.

Trump won 76% of the white evangelical vote in 2020, down from 80% in 2016, according to Edison Research exit polls. In a March poll, Trump edged DeSantis among evangelicals in a two-way matchup 51% to 42%, a nine-point improvement for Trump from the month before. The gathering is traditionally an important stop for Republican presidential candidates, although this year DeSantis, who was invited, will not be going. Vander Plaats said evangelicals will consider whether Trump can prevail next year after losing the 2020 election to President Joe Biden. “I don’t think President Trump is a principled man -- I think he was a great president,” Ascol said.

☆ These are the 10 top cities Americans are looking to move to, according to a report — and of them 5 are in Florida
▼ + stars: | 2023-03-30 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Florida dominates the list of US cities that Americans want to relocate to, according to Redfin. Four other Florida cities, including Tampa and Orlando, made the top ten. Miami was the most popular destination for Americans looking at property listings in a different metro area to where they currently lived, the report said. Four other Florida cities – Tampa, Orlando, Cape Coral, and North Port-Sarasota – also made it to the top ten. The top ten destinations for Americans looking to relocate outside their metro area, according to Redfin, are:Miami, Florida Phoenix, Arizona Las Vegas, Nevada Sacramento, California Tampa, Florida Orlando, Florida Cape Coral, Florida, Dallas, Texas North Port-Sarasota, Florida Houston, TexasSome people, however, are bucking the trend by moving out of the Sunshine State.

☆ Here are the U.S. cities most vulnerable to climate change, according to Moody's
▼ + stars: | 2023-02-24 | by ( Emma Newburger | ) www.cnbc.com time to read: +1 min

People look at the Golden Gate Bridge at a vista point during a rainfall on January 15, 2023 in Sausalito, California. Climate change poses a significant threat to the economies of U.S. cities, with metro areas like San Francisco, New York City and Phoenix among the most at risk of sea-level rise, extreme heat and water stress, according to a new report by Moody's Analytics. The report, which assesses which cities are most vulnerable or resilient to climate change, calculates its forecasts based on two different risk categories — the long-term exposure to drought, extreme heat and sea-level rise, and the short-term exposure to hurricanes, wildfires and floods. "Absent policy changes, large coastal states like California, Florida and New York are especially vulnerable, while more inland northern economies will emerge only slightly worse off, with a handful of small metro areas possibly benefiting slightly," wrote Adam Kamins, senior director at Moody's and author of the report. Among the metro areas that are the worst off are San Francisco, California; Cape Coral, Florida; New York City, New York; Long Island, New York; Oakland, California; and Phoenix, Arizona, the report found.

☆ Stocks making the biggest moves midday: Home Depot, DocuSign, General Mills and more
▼ + stars: | 2023-02-21 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Home Depot also provided a muted outlook for fiscal 2023 and expects sales growth to be approximately flat due to a tougher consumer backdrop and a pivot away from goods toward services. Nordson reported sales of $610.5 million in the period and earnings per share of $1.95, excluding items. The company reported quarterly earnings of $1.30 per share, excluding items. That result beat analysts' earnings expectations of $1.07 per share, according to FactSet. The updated outlook includes organic net sales growth of about 10% and adjusted diluted per-share earnings growth of 7% to 8% in constant currency.

☆ I moved to Florida for cheaper housing and lower taxes, plus I'm avoiding downsides like traffic and crowds
▼ + stars: | 2023-01-30 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Tony Stanol moved to Sarasota, Florida from California and prefers the East Coast oasis. They sold their 3,500-square-foot home in Calabasas for $1.2 million, according to Stanol, and have been renting a 2,400-square-foot home in Sarasota, Florida for nine years. I'm from New Jersey, worked in New York for most of my career, and raised a family in Connecticut. Once my two daughters had graduated and were out of the house, my wife and I were empty nesters in Calabasas. I've been renting in Florida for nine yearsWe sold our house in Calabasas for $1.2 million.

☆ Rent prices have dropped the most in these 5 U.S. metros. Why it's cheaper to rent than buy in many markets
▼ + stars: | 2023-01-27 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +4 min

Indianapolis; Carmel, Indiana; Anderson, IndianaMedian rent at the end of 2021: $1,300Median rent at the end of 2022: $1,700Rent increase: 30.8% 2. New Haven, Connecticut; Milford, ConnecticutMedian rent at the end of 2021: $2,250Median rent at the end of 2022: $2,800Rent increase: 24.4% 4. Naples, Florida; Marco Island, FloridaMedian rent at the end of 2021: $5,200Median rent at the end of 2022: $6,448Rent increase: 24.0% 5. Memphis, TennesseeMedian rent at the end of 2021: $1,800Median rent at the end of 2022: $1,695Rent decrease: -5.8% 2. Palm Bay, Florida; Melbourne, Florida; Titusville, FloridaMedian rent at the end of 2021: $2,300Median rent at the end of 2022: $2,200Rent decrease: -4.3% 5.

☆ Florida man and Insider global editor-in-chief Nich Carlson wondered what the heck was going on in his home state. Sunshine State readers unloaded on him.
▼ + stars: | 2023-01-25 | by ( Jacob Zinkula | Kelsey Neubauer | ) www.businessinsider.com time to read: +7 min

They expressed polarizing opinions about the state's housing, taxes, weather, politics, and more. Rising housing costs and traffic, for instance, drew almost universal disdain, while opinions on the state's weather, politics, taxes, and overall cost of living were mixed and highly polarized. Insider's Global Editor-in-Chief Nicholas Carlson (left), who grew up in Tampa, at a Tampa Bay Buccaneers game in January 2022. The state's politics are unsurprisingly divisiveFlorida Governor Ron DeSantis at a press conference after Hurricane Ian passed through the Cape Coral area. Joe Raedle/Getty ImagesSome Floridians love the state's politics, some aren't fans, and some don't care all that much.

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