Florida
‘Living and working in Florida is like being in a toxic relationship,’ but the Northeast shows jarring differences, real estate founder says | Fortune
In a candid interview, top real estate agent and founder of SYKES Properties, Erin Sykes, got real about the state of the Florida real estate market. “Living and working in Florida is like being in a toxic relationship,” she said at the ResiDay conference in an interview with ResiClub editor Meghan Malas.
Now, Skykes, whose firm showcases multimillion-dollar deals in both Florida and the Northeast, said she’s watching two Americas diverge in real time. In the Northeast, she’s seeing bidding wars have returned in commuter suburbs like Monmouth County, N.J., and mid-Long Island, where buyers still fight for an acre and an elite school district. In Florida, by contrast, she described a market in withdrawal, nursing a hangover after a flurry of activity. “Just a couple years ago, we were being love-bombed and told how great we were,” she said, citing Florida’s burgeoning status as “Wall Street South,” a new finance hub. Now, things are “flat” or even heading downward.
Home prices in Florida have fallen 5.4% year-over-year, dragged down by a glut of aging condos facing six-figure special assessments and post-Surfside safety mandates. Single-family homes, meanwhile, remain relatively resilient, she noted. She characterized the Sunshine State’s housing scene as a cycle of boom, bust, and burnout. She’s always fueled by the belief that somehow, the next round will be different.
“Now we’re being told, ‘Oh, you’re too expensive,’ and kind of being discarded,” Sykes said. “You know, the conversation changes by the day, really.”
Noting that Florida has always been a boom-or-bust state, she said she sees signs of moderation rather than collapse. “Rather than being the boom up here and the bust way down here like we saw in 2008 and 2009, the waves are becoming flatter,” she said. While there may be a pullback in prices, “really, a 5% pullback is nothing when your house has appreciated 25%.”
For Florida, Sykes argued, even a flat market signals stability after years of breakneck appreciation—especially in Palm Beach, where home values have jumped as much as 200% in the past few years.
The challenge of dual market personalities
Sykes described jarring regional differences. In Florida as an agent, you’re “just trying to really push and pull and drag deals together, you’re getting discounts of 5%, 10%, 20% off list price,” but then in the Northeast you find yourself going into a bidding war. “It’s like having a multiple personality disorder.”
That volatility, she noted, reflects a broader split between regions that overheated during the pandemic and those returning to normal. The migration wave that sent high earners south may have turbocharged Florida’s boom but also exposed its fragility. Now, Sykes said, agents and homeowners alike are navigating two competing realities: the Northeast’s cautious recovery and the Southeast’s cooling after years of mania.
She also outlined a bifurcation within the Florida housing market: while single-family homes remain robust thanks to demand for space among incoming families, condos face mounting challenges. That’s difficult because they are “really what has been driving down the Florida market,” and they are facing new challenges from special assessments, strengthened structural regulations, and fallout from incidents like the Surfside collapse. Pre-selling of new-construction condos continues apace, she said, with West Palm Beach alone seeing many significant developments underway.
Sykes described a bifurcation between single-family homes and condos in Florida, since its exploding population is full of people who left Manhattan or Chicago and “wanted their own space.” She said single-family homes are doing well, and then “We’re seeing condos bifurcated, and then within that bifurcation of condos, a secondary bifurcation.”
“Florida,” she concluded, “you have to always take with a grain of salt.”
Florida
Ball scores 19 points as No. 5 UConn beats No. 18 Florida 77-73 in Jimmy V Classic – WTOP News
NEW YORK (AP) — Solo Ball scored 19 points and No. 5 UConn earned its fourth victory over a ranked…
NEW YORK (AP) — Solo Ball scored 19 points and No. 5 UConn earned its fourth victory over a ranked opponent already this season, beating No. 18 Florida 77-73 on Tuesday night in the Jimmy V Classic.
Alex Karaban added 13 points and Tarris Reed Jr. had 12 points and five rebounds in his return from a lingering ankle injury that caused him to miss the previous two games. Malachi Smith handed out nine assists as the Huskies (9-1) shot 50%, including 59.3% in the first half while building a seven-point halftime lead.
Ball went 6 of 14 from the field and drained a trio of 3-pointers in a matchup of power programs that have combined to win the past three NCAA titles.
Xaivian Lee led the defending champion Gators (5-4) with 19 points but shot 5 of 14 and missed six of seven 3-point tries. Thomas Haugh added 18 and Alex Condon finished with 14 points and nine rebounds.
Florida shot 42.4% in a rematch of last season’s second-round NCAA Tournament game that ended UConn’s hopes for a third consecutive national championship.
The Huskies won their fifth straight game since a 71-67 home loss Nov. 19 to then-No. 4 Arizona, now the top-ranked team in the country. UConn also has wins over Top 25 opponents BYU, Illinois and Kansas.
The Huskies won for the 11th time in their past 13 games at Madison Square Garden.
The Gators held a 55-54 lead after a difficult layup by Haugh with 8:02 left, but Connecticut took the lead for good on the next possession on a jumper by Braylon Mullins. Karaban followed with a 3 after blocking Lee’s layup attempt.
Ball made a 3 and then a layup by Smith opened a 66-58 lead with 4:31 remaining.
Still, the Gators had a chance to tie it after Boogie Fland’s layup with 13 seconds to go and a turnover by UConn on the inbounds play. Florida was called for a five-second violation, however, and Ball hit a free throw to seal it.
Up next
Florida: Hosts George Washington on Saturday.
UConn: Hosts Texas on Friday in Hartford.
___
Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here and here (AP News mobile app). AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball
Copyright
© 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
Florida
Florida’s bear hunt is underway, but FWC is not actively saying how many have been killed
Florida is four days into its 2025 Black Bear Hunt, but we still don’t know how many bears have been harvested, or even if any hunters have bagged a single bear yet.
When News 6 asked the Florida Fish and Wildlife Conservation Commission for an update on the number of bears harvested on Monday, a spokesperson said we were told we needed to file a public records request for any data queries, not just the bear hunt.
News 6 has filed that request with the state and is waiting to hear back. We have also asked FWC why the agency has not posted public updates on the bear hunt yet. We are waiting to hear back.
[WATCH: Florida bear hunt begins amid controversy and protests]
FWC allocated 172 permits to allow for bear hunting for the first time in 10 years. Only one bear is allowed per permit.
In 2015, FWC allocated thousands of permits, but stopped the hunt after two days and about 300 bears killed.
Part of the reason may have to do with the difference in how the bear hunt is being run this year.
In 2015, hunters needed to bring their takings to public FWC check-in stations to be registered and weighed.
This year, hunters have 24 hours after their hunt to report their harvest to FWC, and to arrange a time and location to meet and go over their kill.
The state said it decided to conduct the hunt this way because it was more efficient, according to the FWC bear hunt website.
The state also says it released a much smaller number of permits, so hunters have more time to be selective, allowing the season to last longer.
The hunt is also controversial. People packed FWC meetings this year to fight the hunt. Activists filed suit in court.
[WATCH: Non-hunters snagged at least 44 Florida bear hunt permits, records show]
Meanwhile, groups like Bear Warriors United and the Sierra Club sponsored entries into the permit lottery for non-hunters in the hopes of reducing the number of bears killed.
Bear Warriors United also says it is offering permit holders $2,000 if they agree in writing not to hunt.
A count conducted in 2015 found approximately 4,050 bears in Florida. FWC says studies show an annual growth rate ranging from 2.2% in the central Bear Management Unit, which includes much of our area, to 15.4% in the north BMU, including the Jacksonville area west to Suwannee and Hamilton counties.
Scientists are working on a new population study, but results will not be available until 2029.
To learn details about the bear hunt, including what bears can be killed, what weapons can be used, and where hunters can hunt, check out this story on ClickOrlando.com.
Copyright 2025 by WKMG ClickOrlando – All rights reserved.
Florida
Florida to execute man convicted in 1989 home invasion killing – WTOP News
STARKE, Fla. (AP) — A man convicted of stabbing a woman to death during home invasion robbery more than 30…
STARKE, Fla. (AP) — A man convicted of stabbing a woman to death during home invasion robbery more than 30 years ago is scheduled to be executed Tuesday evening in Florida.
Mark Allen Geralds, 58, is set to receive a lethal injection starting at 6 p.m. at Florida State Prison near Starke. Geralds was convicted of murder, armed robbery, burglary and stealing a car and was sentenced to death in 1990. The Florida Supreme Court later vacated the sentence but affirmed the conviction, and Geralds was resentenced to death in 1992.
It would be Florida’s 18th death sentence carried out in 2025, further extending the state record for total executions in a single year.
According to court records, Tressa Pettibone’s 8-year-old son found his mother beaten and stabbed to death on the kitchen floor of their Panama City home in February 1989. Geralds was a carpenter who had previously done remodeling work at the home.
Geralds ran into Pettibone and her children at a shopping mall about a week before the killing, and Pettibone mentioned that her husband was away on business. Geralds later approached Pettibone’s son at the video arcade and asked when the boy’s father would return and what time he and his sister left for and returned from school each day, according to court records.
Investigators found that Geralds pawned jewelry with traces of Pettibone’s blood on it, and plastic ties used to bind Pettibone matched ties found in Geralds’ car.
After a death warrant was signed last month and his execution date set, Geralds told a judge he did not wish to pursue any further appeals. The judge signed off on that decision.
A total of 44 men have died by court-ordered execution so far this year in the U.S., and a handful of executions are scheduled for the rest of the year.
Since the U.S. Supreme Court restored the death penalty in 1976, the highest previous annual total of Florida executions was eight in 2014. Florida has executed more people than any other state this year. Another execution is planned for next week in the state under death warrants signed by Republican Gov. Ron DeSantis.
Frank Athen Walls, 58, is scheduled for Florida’s 19th execution this year on Dec. 18. He was convicted of fatally shooting a man and woman during a home invasion robbery and later confessing to three other killings.
Florida’s lethal injections are carried out with a sedative, a paralytic and a drug that stops the heart, according to the state Department of Corrections.
Copyright
© 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
-
Alaska4 days agoHowling Mat-Su winds leave thousands without power
-
Politics1 week agoTrump rips Somali community as federal agents reportedly eye Minnesota enforcement sweep
-
Ohio7 days ago
Who do the Ohio State Buckeyes hire as the next offensive coordinator?
-
News1 week agoTrump threatens strikes on any country he claims makes drugs for US
-
World1 week agoHonduras election council member accuses colleague of ‘intimidation’
-
Texas5 days agoTexas Tech football vs BYU live updates, start time, TV channel for Big 12 title
-
Iowa3 days agoMatt Campbell reportedly bringing longtime Iowa State staffer to Penn State as 1st hire
-
Miami, FL4 days agoUrban Meyer, Brady Quinn get in heated exchange during Alabama, Notre Dame, Miami CFP discussion