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Florida real estate market heats up as sales, prices increase and inventory tight

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Florida’s housing market saw more sales, an increase in median prices and a tight inventory of homes for sale in September, according to data released by Florida Realtors and reported by Legislative IQ via Lobbytools. The statewide median sale price for a single family home hit $199.900 last month, an 11.1 percent increase year over year. Townhouses and condos saw a 5.1 percent gain over last year with a median sale price of $150,000. Short sales were also down 43…

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Dept. of Health unveiling new leadership team; Alexis Lambert named chief of staff

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Starting in September, Florida’s Department of Health will be under new leadership. Surgeon General Dr. John Armstrong announced the promotion of Alexis Lambert to chief of staff, moving Jennifer Tschetter to chief operating officer, and Nathan Dunn will become chief operating officer. All three appointments begin September 11. “Leadership excellence remains a hallmark of Florida’s Department of Health,” Armstrong said in a prepared statement. “I am privileged to work with such a talented leadership group that is dedicated to improving the health of all people in Florida.” Lambert, eldest daughter…

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Senate panel restores affordable housing funds shifted by Amendment 1

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A Senate committee on Wednesday voted to restore funding for affordable housing, as a way to offset the loss of revenue because of Amendment 1. Approved overwhelmingly by voters in November, Amendment 1 provides 33 percent of documentary stamp tax revenue to water and land conservation. SB 586 seeks to redistribute the remaining $1.3 billion in documentary stamp fees for fiscal 2015-16, after $757 million is set aside for Amendment 1. The bill would have reduced the revenue going to an affordable…

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