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As home prices rise, many people can’t find a place they can afford
Source: Palm Beach Post Palm Beach County’s home price rebound is putting the squeeze on affordability. Just 57.7 percent of homes sold in Palm Beach County in the second quarter were affordable to a median-income family, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. That was the lowest level since 2008.…
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Why I’m Leaving Teaching: A Wellington teacher’s painful decision
Source: Palm Beach Post Heartbreaking – it’s the only word that can describe how it feels to walk away from something that was once your dream. The one job you always wanted to do, the person you wanted to become. For the first time in 10 years, I am not anxiously preparing my classroom, anticipating…
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Housing bubble crisis: A decade later, where are we now?
Source: Palm Beach Post First came the dizzying boom, a bubble that bestowed overnight riches on anyone fortunate enough to own a home in Palm Beach County. Then came the wrenching crash, a collapse that snatched back the gains and then some. Palm Beach County properties shed billions of dollars of value in a few…
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Palm Beach County No. 1 in country in housing market
Source: WPBF News Not just the temperatures are scorching this July in Palm Beach County – the housing market has just jumped to the No. 1 spot on the top 10 list by online real estate analyst Ten-X. According to the website, “Seasonally adjusted home prices are up 16.8 percent year-over-year, the highest pace in…
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Palm Beach County home prices rise to post-crash high
Source: Palm Beach Post The median price of a house sold in Palm Beach County last month rose to $311,000, the highest level since 2008. The typical sale price was up from April’s median of $307,125, the Realtors Association of the Palm Beaches said Wednesday. Read more…
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Letters: Housing roundtable shows county progress
Source: Palm Beach Post Palm Beach County, the Housing Leadership Council and Palm Beach State College should be commended for hosting an Affordable Housing Roundtable at the Lake Worth campus of PBSC for stakeholders. An overflowing room of private developers, real estate professionals, funders, nonprofit service providers and public officials received alarming data concerning the…
