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3 To Know: Cities have the fastest-rising home prices; jobs up, more

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3 To Know: Cities have the fastest-rising home prices; jobs up, more

1. REAL ESTATE: What cities have the fastest-rising home prices? There’s one in Southwest Florida

According to new data from AgentAdvice, Florida is dominating the top 10 metro areas with the fastest-rising home prices in America.

Think you know where Naples ranks?

Here’s the cities with the fastest-rising property prices across the country.

What Florida cities are experiencing the fastest rise in home prices? Naples, Ocala, Tampa,

Port St. Lucie, North Port and Miami.

The study found the median listing price for several metro areas in 2019 and compared it to the 2024 median listing price. The percentage difference between the two was the number used to rank the areas against each other.

Naples landed the second spot in the ranking of metro areas with the fastest-rising home prices.

The median listing price of homes in Naples was $612,038 in May of this year. Five years ago, the media listing price was $349,393.

All data was sourced from Zillow. – Kendall Little/USA TODAY Network-Florida

2. JOBS: June see seasonal increase

Unemployment edged up across Southwest Florida in June. It’s typical, with the usual downward shift to the slower season.

In four of five counties in the region, jobless rates rose by a few tenths of a percentage point over the year, according to a monthly report released by FloridaCommerce.

Here’s a look at the rates for June, compared to the same month last year, by county:

  • Charlotte: 3.9%, up from 3.5%
  • Collier: 3.3%, up from 3.1%
  • Glades: 4.6%, up from 4%
  • Hendry: 5.6%, down from 5.8%
  • Lee: 3.6%, up from 3.3%

Economists consider a jobless rate of 4% to 5% “full employment,” as there are always workers between jobs and businesses in flux.

So overall the job market remains strong in Southwest Florida. – Laura Layden/USA TODAY Network-Florida

3. TRIBUTE: Charlotte commissioners vote to rename portion of I-75 after fallen deputy

Seven months after a bill proposed the renaming of a portion of Interstate 75 after a fallen Charlotte County deputy, killed on the job last year by a convicted drunken driver, Charlotte County commissioners voted unanimously to approve it.

Charlotte County Sheriff’s Deputy Christopher Taylor, 23, died the evening of Nov. 22, 2022.

Florida House Bill 389 was drafted by Florida Rep. Spencer Roach, a Republican representing District 76 at the Florida House of Representatives.

Roach represents DeSoto County, as well as parts of Charlotte and Lee counties.

The bill sought the implementation of markers along Interstate 75 denoting the portion between the intersection of U.S. 17 and Duncan Road, in Punta Gorda, through Harbor View Road, as “Deputy Christopher Taylor Highway.”

A Charlotte County jury on Dec. 15 convicted Cassandra Smith, 31, who hit and killed Taylor on Interstate 75. – Tomas Rodriguez/USA TODAY Network-Florida

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