Florida Ranks in Top 10 Housing Markets for Investors

Three Florida cities: Ft. Lauderdale, Tampa and Orlando ranked in the top 10 housing markets for investors in rental property according to HomeVestors of America and Local Market Monitor.

This is a result of home prices falling substantially, potential home price appreciation and current high rent rates, all good news for investors looking to get the best returns on rental properties.

Florida Loses $2.4 Billion for High-Speed Trains

The Obama Administration took back $2.4 Billion allotted to Florida for a high-speed train planned to run from Orlando to Tampa.

Florida Governor Rick Scott rejected the high-speed rail proposal because of high operating costs, despite a study done by the Florida Department of Transportation (FDOT) which concluded the rail would have an operating surplus in its first year of operation.

There are split opinions on the rejection of the project, which would have created jobs for the high number of unemployed Floridians. What do you think of Rick Scott's decision? Let us know in the comments!

Legoland Florida Theme Park to Open October 2011

Legoland is the newest addition to the endless list of attractions Florida has to offer tourists and residents. The new theme park, located in Winter Haven, Florida, will open in October 2011 and will feature over 50 rides.

Winter Haven is located about 40 miles from Disney World and is easily accessable from both Orlando and Tampa.

Legoland Florida will offer a much needed boost to Florida's economy with increased tourism and may help stabilize Florida's economy.