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How to find a home to buy in a tight market
By David Lyons | South Florida Sun Sentinel Mar 07, 2021 Buying a home in South Florida is starting to look like an impossible proposition. Shoppers are swarming open houses and sparking bidding wars that drive prices out of sight. Thousands of potential buyers are growing frustrated as they watch homes vanish from the market…
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HLC selected to participate in the 2021 Great Charity Challenge!
Wellington, FL – January 22, 2021 – Scheduled to take place on Saturday, February 6, 2021 at the Palm Beach International Equestrian Center (PBIEC), the 2021 Great Charity Challenge (GCC) presented by Fidelity Investments® plans to distribute an additional $1 million to local nonprofit organizations with the Housing Leadership Council of Palm Beach County being…
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COVID – 19 Relief Bill – A Review of the Housing Provisions
The Covid-19 relief bill was just posted and includes the following provisions that will impact housing: Emergency Rental Assistance – There is $25B for rental costs including back rent, forward rent (limited to 3 months at a time), utility and other qualifying housing expenses. This will be targeted to 80% Area Median Income and below…
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FHFA Extends Foreclosure Moratorium Through January
The Federal Housing Finance Agency has announced that single-family homeowners with mortgages backed by Fannie Mae and Freddie Mac will be protected from foreclosure for at least another month. The moratorium, previously set to expire on December 31, will instead last through January 31, if not later. The moratorium also applies to evictions. “This extension…
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How to solve Florida’s large-scale affordable housing crisis
By Mike Vogel | Florida Trend | 9/25/2020 … Affordable housing means different things — market rate vs. subsidized, for example — to different people. At a housing forum in February, Suzanne Cabrera, CEO of the Housing Leadership Council of Palm Beach County, remarked that a manufacturer paying starting engineers $85,000 a year had trouble…
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Florida foreclosure filings trend up as some fear a fall wave awaits
By John Haughey | The Center Square | 9/20/2020 Gov. Ron DeSantis extended Florida’s eviction and foreclosure moratorium until Oct. 1 last month, delaying what some fear will be a wave of foreclosures across the state once the ban is lifted. Those fears are justified if trends documented by mortgage date firm ATTOM Data Solutions…
