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Palm Beach County launches coronavirus rental assistance program
Renters who have taken a financial hit because of the novel coronavirus have a new source of help. Palm Beach County’s Community Services Department on June 5 launched the Coronavirus Aid, Relief, and Economic Security (CARES) Act Coronavirus Relief Fund Rent and Utilities Assistance Program. The fund offers one-time rental and/or utility help for eligible…
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AFFORDABLE HOUSING CRISIS: PALM BEACH COUNTY BOND ISSUE
AFFORDABLE HOUSING CRISIS: PALM BEACH COUNTY BOND ISSUECounty can no longer wait on state lawmakers for housing funds By Jack Weir, Posted March 1, 2020 https://www.palmbeachpost.com/opinion/20200301/weir-palm-beach-county-can-no-longer-wait-on-state-for-housing-funds It’s time for Palm Beach County, the third largest county in Florida with a population greater than that of 11 states, to stop waiting for the state to act…
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Home prices reach post-crash high, reverse months of tepid growth
By Jeff Ostrowski Posted Jun 21, 2019 at 9:43 AM Updated Jun 21, 2019 at 4:26 PM The median price of houses sold by Realtors jumped to $364,900. And the number of houses sold rose to 1,871, up 8.7 percent from May 2018, Realtors said Friday Click Here to Read More…
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A decade in the making, residents starting to buy from affordable housing stock
By Hannah Morse Posted May 31, 2019 at 2:07 PM Updated May 31, 2019 at 2:07 PM WEST PALM BEACH — A county program began in 2006 with the goal of providing workforce housing units in new residential developments, but only recently have qualified residents been able to purchase these units. Click Here to Read More…
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Affordable Housing in Palm Beach County Continues to be Out of Reach for Many
By Robert S Weinroth One of the few things I remember from my college economics classes, over 40 years ago, is the law of supply and demand, considered one of the fundamental principles governing an economy. It is described as the state where as supply increases the price will tend to drop or vice versa,…
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Palm Beach County home prices bounce back in December
Source: Palm Beach Post After a November slump, Palm Beach County home prices bounced back in December. The median price of houses sold this past month was $315,000, up from $300,000 in November, the Realtors Association of the Palm Beaches said Tuesday. The median price was up 5 percent from a year ago, although values…