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Housing prices are surging: Is it too late to buy a home?
Source: Palm Beach Post Another home buying excursion last month for Riviera Beach resident Michael Lewis led him to a tidy duplex in the Turtle Cay community west of I-95. Nondescript, and probably overpriced, the gated neighborhood is not his ideal location. Read more…
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Vacant foreclosed homes highest in Florida
Source: Palm Beach Post The number of foreclosed homes that have been abandoned by their owners is by far the highest in Florida with 55,503 properties sitting empty and in some stage of a bank takeover. That’s 33 percent of the national total with Illinois coming second with 17,672 vacant and foreclosed homes. Read more…
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Florida homeowners to get foreclosure restitution checks of $1,480 this month
Source: Palm Beach Post More than 72,000 Florida borrowers whose homes were taken through foreclosure will receive reparation checks this month from the National Mortgage Settlement, which concluded the worth of each loss is $1,480. Read more…
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When a House is No Longer a Home
Source: Giving Following what’s happening with housing in Florida is like being on a hurricane watch. We listen for news of the storm’s path and the guidance offered on how to best protect our families from the full effects of the maelstrom. The advance winds of the housing collapse left behind a terrible aftermath. We…
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Affordable housing again in short supply
Source: Herald-Tribune When Mike Beller moved to Sarasota three years ago, he didn’t expect apartment hunting to be such an arduous chore. The 31-year-old had lived in Sarasota several years ago, and he grew up in Largo, just north of St. Petersburg, where rents were always relatively cheap. He expected the same here. Read more…
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Affordable housing — again
Source: Herald-Tribune Real estate bubbles come and go, but the community will always need affordable housing. There is never enough in a below-average-wage economy such as ours — so we should never give up on efforts to encourage a sustainable supply. Read more…
