Author: Hester Mercado

Rentcafe report: Orlando tops Florida for rising apartment rates – Orlando Business Journal

Apartment renters may be seeing sticker shock when they see the rates in Orlando compared to a year ago.

That’s according to RENTCafe’s February 2018 Apartment Market Report, which showed the Orlando region saw the highest year-over-year increase in average rental rates among Florida metro areas, as well as the 11th highest increase among the 250 U.S. cities included in the study.

Orlando notched a 7.8 percent increase in average rents coming in at an average monthly rate of $1,332, the report showed.

See the photo gallery to see Florida cities ranked by one-year increase in average rents.

Apartment market statistics have a huge impact on the business community, since nearly 40 percent of Central Florida’s residents live in apartments — including lawyers, restaurant owners, hotel owners, bankers and their employees, experts previously told Orlando Business Journal. And the dominant demographic in the workforce — millennials — also lean towards apartment rentals, which means the market’s health means a lot to employers seeking top talent as well as the region’s economy as a whole.

But as expensive as renting an apartment seems in Orlando, our metro area ranked No. 93 among the the 250 cities when it comes to price. In fact, renters in Manhattan pay about three times as much at $4,063 per month, which was the nation’s highest average rent. That was followed by San Francisco at $3,428 and Boston at $3,221. When looking at percentage increase, however, two Texas cities, Odessa and Midland, had the biggest increase at 38.9 and 35.7 percent, respectively.

Meanwhile, RENTCafe in a separate report ranked Florida as one of the least renter-friendly states in the country. RENTCafe determined the rankings by looking at laws related to 10 different aspects of renting, including rent increase notices, eviction policies and landlord’s access to properties.

Florida ranked 40th in the country for renter-friendly states, the report showed. Among the factors cited are a three-day termination notice for nonpayment of rent, a seven-day termination notice for lease violations, and the fact that there are no existing statutes regarding maximum security deposit or for rent increase notices for month-to-month renters.

Largest Construction Projects Underway

Ranked by Total square feet of project under way

Rank Total square feet of project under way Project 1 2.2 million Orlando International Airport South Terminal C Phase I 2 1.24 million Orange County Convention Center West Concourse roof replacement 3 925,000 JW Marriott at Bonnet Creek View This List

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Florida’s Tampa and Orlando Housing Markets Ranked First and Fourth Best U.S. Cities for First-time Buyers

According to Zillow’s 2018 Best Markets for First-Time Buyers Analysis, first-time buyers in the U.S. looking for an affordable home without much competition may have the best luck in the State of Florida, with both Tampa and Orlando ranked high in the Top 10 best cities for first-time home buyers in 2018. Texas also had 3 cities ranked high on the same list.

Zillow ranked the 35 largest U.S. housing markets based on where first-time buyers have the best chance to find an affordable home with little buyer competition and strong forecasted home value appreciation. First-time buyers make up 42 percent of all buyers, according to the 2017 Zillow Group Report on Consumer Housing Trends.

The U.S. housing market is competitive for all buyers, as there are not enough homes for sale to meet today’s strong buyer demand. In January, inventory of the least expensive homes was down 17.1 percent annually, compared to a 9.7 percent decrease for all homes. In 2017, nearly a quarter of home sales were above the listed price. This puts first-time buyers at a disadvantage this home shopping season because they won’t have the capital from a previous home sale to help fund a down payment or keep up with bidding wars. Saving up for a down payment is the most commonly cited barrier to homeownership.

New buyers will have it easiest in the Southeast, especially Texas and Florida. Five of the top 10 markets for first-time buyers are in those two states. Homes in those markets require a smaller down payment, and buyers are more likely to encounter price cuts.

First-time buyers are likely to face the most difficulty in pricy West Coast markets, especially California metros. Not only are homes expensive, but inventory is especially limited, and it takes longer to break even on a home purchase.

Ten Best Markets for First-Time Homebuyers in 2018

1. Tampa, FL
2. Indianapolis, IN
3. Houston, TX
4. Orlando, FL
5. San Antonio, TX
6. Saint Louis, MO
7. Philadelphia, PA
8. Atlanta, GA
9. Las Vegas, NV
10. Dallas, TX

"More and more millennials are reaching the point in their lives where they are ready to buy a home, but they are entering a highly competitive housing market that has been plagued by low inventory, especially among entry-level homes," said Zillow Senior Economist Aaron Terrazas. "Southeastern markets will be easiest for new buyers, where homes are more affordable and there’s less competition. People planning to buy for the first time in some of the tougher markets should be prepared to face a more competitive environment, but that doesn’t mean they should count out buying entirely."

Zillow’s list of the best markets for first-time buyers is based on five metrics:

Low median home value that requires a smaller down payment
Strong forecasted home value appreciation
High inventory-to-household ratio, to indicate available supply
Short Breakeven Horizon, which is the time it takes for buying to be financially advantageous compared to renting
High share of listings with a price cut

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Categories: Uncategorized

A Bad Obama Labor Rule, Resurrected

The National Labor Relations Board dealt small businesses a blow on Monday when it brought back an Obama -era definition of what constitutes an employer. The reversal means that more companies will be classified as “joint employers” of their franchisees’ workers and contract staff, subjecting these businesses to greater risk and stricter regulations. Congress should end this bureaucratic meddling by passing the Save Local Businesses Act, which would provide clarity to small businesses by reinstating the old standard.

Before the Obama administration, the NLRB had long upheld a common-sense definition of who is an employer. For a “joint employer” relationship to exist, both companies needed to “meaningfully affect” the workers by participating in processes such as hiring, firing, discipline and supervision.

In 2015 an activist NLRB, dominated by President Obama’s appointees, overturned this precedent in its Browning-Ferris decision. This ruling expanded the definition of an employer to include entities with “indirect” control over job conditions. This broad standard threatened to upend the entire franchise business model, as well as all other forms of contracting.

Photo: iStock/Getty Images

New NLRB members appointed by President Trump reversed this overreach last December with the Hy-Brand ruling. But two Democratic senators, Patty Murray and Elizabeth Warren, convinced the NLRB’s inspector general that the board member who cast the deciding vote had a conflict of interest, because he had previously worked at the law firm that represented the defendant in Browning-Ferris. So now the Obama-era standard prevails once more.

The definition of “employer” isn’t a mere semantic question. The NLRB’s decision to revert to the 2015 definition puts hundreds of thousands of small businesses and millions of jobs at risk. As the former chief executive of CKE Restaurants, which owns Carl’s Jr. and Hardee’s, I saw firsthand how the franchise model empowers entrepreneurs, often from humble backgrounds, to achieve the American dream by becoming small-business owners.

I also saw how a broad joint-employer standard would disrupt this model by making franchisers liable for the countless managerial decisions their franchisees make each day. If a manager at one franchised McDonald’s location in Chattanooga commits a labor violation, the franchiser could be sued even though executives at McDonald’s headquarters don’t decide which workers mop the floors in each restaurant or how they’re compensated.

To protect themselves from lawsuits, franchisers would be forced to increase their control over every piddling labor decision. Franchisees would become owners in name only, unable to negotiate even their employees’ pay. Who would risk time and money investing in a business they were unable to manage? Discussing the Hy-Brand decision on Wednesday, White House budget director and former restaurant franchisee Mick Mulvaney noted “the joint-employer rule could be the . . . end of the franchising business as we know it.”

Left standing, this threat to the franchise system could also seriously damage the U.S. economy. A recent report by the International Franchise Association and PricewaterhouseCoopers states that as of 2016 franchise businesses helped produce 10.1% percent of all private nonfarm jobs and 7.4% of all private nonfarm gross domestic product. That’s huge.

The good news is that the Save Local Businesses Act would provide a legislative fix by pre-empting the NLRB. This is a bill that even today’s polarized Congress can pass; in fact, it passed the House last November. In the Senate, the bill’s job-creating potential should attract at least the nine Democratic votes needed to overcome a filibuster.

Although Americans often have little recourse to dispute a decision made by unelected bureaucrats, this harmful employment standard is one that lawmakers actually have a shot at fixing. Congress can protect small businesses and demonstrate its effectiveness in the process. But it must act fast before too many minds drift from policy to politics.

Mr. Puzder is a board member of the Job Creators Network and author of “The Capitalist Comeback: The Trump Boom and the Left’s Plot to Stop It,” forthcoming in April.

Appeared in the March 2, 2018, print edition.

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Categories: Uncategorized

Orlando International Airport Considers Replacing TSA with Privatized Airport Security

Airport

ORLANDO, Fla. (FOX 35 WOFL) – The fight over airport security is heating up at the Orlando International Airport.

The Orange County government is looking to get rid of the TSA and hire private contractors to operate the airport’s security measures. The TSA will still oversee the security of the airport, but the actual agents and screeners will be private contractors if the vote goes through.

Supports of the TSA do not want this and say that the TSA is doing a good job. Last year, the Orlando International Airport ranked seventh in the nation when it comes to guns and other

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Categories: News

The first housing complex for adults with developmental disabilities opens in Orlando

The first housing complex for adults with developmental disabilities opens in Orlando

Designed specifically for adults with developmental and intellectual disabilities, Quest Village gives its tenants a chance at autonomy.

The brainchild of Quest Inc., a nonprofit that provides aide to those with developmental or intellectual disabilities, the 40-unit housing complex is the first of its kind in Central Florida. Rents are on a fixed scale and start as low as $379 a month, plus a fee for services like housekeeping and assistance with meals, among others.

“Our hope is that [the tenants will] acquire the skills so they don’t need our help anymore,” John Gill, president and CEO of Quest Village, told WFTV. “Every individual will be reassessed every quarter, so if they developed the skills, they may not need the support anymore.”

Around 30 residents have so far been welcomed into the new $12 million village, which sits on five acres along Woodbury Road.

“There are 50,000 individuals with a developmental disability turning 18 each year,” Gill said in an interview with WKMG. “Just like typical people, they want to live on their own. But they need a little help.”

To learn more about the complex, click here.

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Categories: Housing

These Are the Best Places to Get Married in 2018 by State

Urbanites rejoice: Your big city wedding dream might not be as unrealistic as you’d think.

Though planning a wedding is incredibly challenging and costly—couples shell out an average of $35,000 for their wedding day!—picking your favorite city venue might not be out of the question.

Finance website WalletHub compared over 180 of the biggest cities in U.S. across 23 key indicators of cost-effectiveness, convenience, and enjoyment to help brides and grooms find their perfect wedding venue, and surprisingly, some of the biggest U.S. cities landed highest on the list.

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The data set ranges from average wedding cost to venues and event spaces per capita to hotel availability. So even though some of the biggest U.S. cities made the list, they take into account the amount of resources available to wedding planners and engaged couples alike.

These are the top 10 overall best cities to marry in, according to Wallet Hub:

1. Orlando, Florida

2. Las Vegas

3. Atlanta

4. Los Angeles

5. Miami

6. San Diego

7. San Fransisco

8. Chicago

9. New York City

10. Portland, Oregon

In addition, Wallet Hub rounded up the best city to wed in every state, and luckily, they’re some of the most beautiful spots in the country. Check to see if your venue’s city made the list:

Alabama: Birmingham

Alaska: Anchorage

Arizona: Tucson

Arkansas: Little Rock

California: Los Angeles

Colorado: Denver

Connecticut: New Haven

Delaware: Wilmington

Florida: Orlando

Georgia: Atlanta

Hawaii: Honolulu

Idaho: Boise City

Illinois: Chicago

Indiana: Indianapolis

Iowa: Des Moines

Kansas: Wichita

Kentucky: Louisville

Louisiana: New Orleans

Maine: Portland

Maryland: Baltimore

Massachusetts: Boston

Michigan: Detroit

Minnesota: Minneapolis

Mississippi: Jackson

Missouri: St. Louis

Montana: Billings

Nebraska: Omaha

Nevada: Las Vegas

New Hampshire: Manchester

New Jersey: Jersey City

New Mexico: Albuquerque

New York: New York City

North Carolina: Charlotte

North Dakota: Fargo

Ohio: Cincinnati

Oklahoma: Oklahoma City

Oregon: Portland

Pennsylvania: Philadelphia

Rhode Island: Providence

South Carolina: Columbia

South Dakota: Rapid City

Tennessee: Knoxville

Texas: Austin

Utah: Salt Lake City

Vermont: Burlington

Washington: Seattle

West Virginia: Charleston

Wisconsin: Milwaukee

Wyoming: Casper

You don’t need to sacrifice your dream venue for your budget— you can have your (wedding) cake and eat it too.

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Categories: News

Orlando Boy Told Don’t Touch Bat; He Died From Rabies

Orlando Boy Told Don’t Touch Bat; He Died From Rabies

ORLANDO, FL — A 6-year-old Orlando boy who was scratched or bitten by a bat and contracted rabies has died. Ryker Roque died at an Orlando hospital on Sunday, according to a post from the online fundraising website GoFundMe.

“We fought, Ryker fought very hard, he is our soldier,” the post said. “We lost our fight today, January 14, 2018. We have to lay or angel to rest now.”

Ryker’s father, Henry Roque, lost his job during the ordeal and now the family seeks donations and prayers, the post said.

The boy was bitten by a bat and became infected with the rabies virus, the post said. Two weeks later, the boy began experiencing spasms and couldn’t walk, so they rushed him to the hospital.

Multiple media outlets reported that Ryker’s father found a bat and placed it into a bucket. Henry Roque told the boy not to touch it, he said, but Ryker reached in and touched the animal anyway. Henry said the bat scratched his son.

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He told NBC News that he frantically Google searched what to do, so he washed his son’s hands with soap and hot water for several minutes. The boy was scared of getting a rabies shot though, so he didn’t receive treatment soon enough.

Later, Ryker started experiencing finger numbness and a headache.

According to Today.com, Henry Roque said: “They went frantically looking for the other doctors to tell them that it was a bat and how severe it was. And then they all came in. We had a conference and they explained to me that it’s almost always lethal.”

He was put into a medically induced coma and underwent a treatment known as the “Milwaukee Protocol” in hopes of saving his life. The treatment has saved the lives of two other children in America.

Photo of Ryker via GoFundMe

According to the Mayo Clinic, rabies is a deadly virus that spreads to people from the saliva of infected animals and is usually transmitted through a bite. Bats are among the animals most likely to transmit rabies in America. Once symptoms of rabies begin to show, the disease is nearly always fatal, the organization said.

Symptoms include: fever, headache, nausea, vomiting, agitation, anxiety, confusion, hyperactivity, excessive salivation, hallucinations, insomnia and partial paralysis.

Rabies kills more than 59,000 people every year, mostly children in Africa and Asia, according to the Centers for Disease Control and Prevention.

Photo credit: Ian Waldie/Getty Images

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Categories: Affordable Apartments

Best Ways To Get Affordable Apartments In Orlando Florida

Best Ways To Get Affordable Apartments In Orlando Florida

Have you recently taken a position in Orlando Florida, prompting you to look for a new place to live? You may be transitioning from an apartment that you are renting somewhere else in Florida to this new location. Finding an apartment can be very easy if you are in a larger city because of how many are actually available. There are a couple of different strategies that you can use to get very affordable rentals, specifically apartments in Orlando Florida that will be exactly what you are looking for. Read More

Apartments In Orlando

Apartments In Orlando

Anyone who finds an article like this is looking for their ideal apartment in Orlando. If you know anything about Orlando you know that the rental market is becoming very competitive. In general, America is becoming a country of renters. More people are renting homes than they are buying. It isn’t just the economy but it is how work in the job market are. People are moving around a lot more to find employment. People are encouraged to leave their job to find a better one and not to stick around. Read More

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Finding The Best Rental Apartments Orlando

Finding the best rental apartments Orlando can be a daunting task if you are a first-time renter or even a seasoned house hunter. To ensure that you find the best apartment for you there are a number of steps that you should consider. These steps help you find the best apartment not only in terms of price but size and location.

Look At Your Budget

Before you start looking through apartment listings you need to know how much you are able to spend. It is recommended by the U.S Census Bureau that your monthly rent does not exceed 20% to 30% of your monthly income. To determine what this amounts to in dollars per month you need to consider you budget.

Looking at your incomes and expenditures allows you to see just how much you are able to spend on rent. You will also be able to determine if there are any areas where you can save money in order to afford a pricier apartment.

Additional Costs To Consider

When looking at apartments Orlando many people assume that the amount they pay in rent is simply what the apartment is advertised for. While this is a logical assumption there are additional costs that you should consider. These costs are not technically part of the rental price, but, do make up your monthly housing budget.

The points you should consider are transport costs and renters insurance. If you are looking outside the urban areas you need to factor in how much it will cost you to get to work and stores. Renters insurance may be something the landlord covers, but it is best to consider it when looking.

What To Look For In An Apartment

Once you have your budget ready, you can start looking at apartment listings. It is important that price is not the only factor that you consider when doing this. It is also important that you allow yourself enough time to properly look for a rental property and not leave this until the last minute.

While price is not the only factor to look at, for most people it is the most important. When looking at listings ensure that they are within your budget and that there are no additional costs that you have not already taken into account. Do not look at apartments that are outside your budget as the landlords are unlikely to negotiate a lower rental price.

Location is another major factor to consider when looking at apartments. There is no point in being in an apartment in an area that has nothing you need. Ensure that the area fits around your lifestyle to guarantee you make the most of the location.

You should also consider the safety of the apartment. This does not just include it being in a safe area, but that the landlord has made an effort to ensure their tenants safety. This includes good locks on doors and windows as well as private entrances.

Once you have considered all of these factors you can look to sign the paperwork for the apartment. It is important that you read the lease before signing to ensure there is nothing strange hidden inside. When looking for rental apartments Orlando, it is important that you consider the price, safety, and location before signing anything.