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South Florida’s high rents called ‘troubling’
Source: Sun Sentinel South Florida is the least affordable place in the nation for renters, a situation that a new study calls “troubling.” In 2014, the median gross rent in Palm Beach, Broward and Miami-Dade counties was $1,150, compared with an average of $970 for other metropolitan areas, according to a study by Capital One…
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HLC Executive Chair Patti Fitzgerald Appointed to Florida Real Estate Commission
For Immediate ReleaseFebruary 29, 2016 Jupiter Broker Patti Fitzgerald Appointed to Florida Real Estate Commission CONTACT:Suzanne Cabrera, President & CEO (561) 653-4107 or scabrera@hlcpbc.org West Palm Beach — The Housing Leadership Council is honored to have their Executive Chair, Patti Fitzgerald, named to the Florida Real Estate Commission, which administers and enforces real estate license…
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HUD Invests Further in Housing Counseling
Source: DSNews.com HUD announced on Friday it will be further investing in housing counseling by making $40 million in grants available to hundreds of housing counseling organizations nationwide. The housing counseling organizations use the grant money to assist families who are buying their first home, attempting to locate affordable rental housing, or trying to avoid…
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Many Floridians living paycheck to paycheck, study finds
Source: Palm Beach Post With its low incomes and comparatively high cost of living, Florida ranks No. 5 on a list of states whose residents are most likely to live paycheck to paycheck. Read more…
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U.S. Apartment Rents Leap at Fastest Pace Since Crisis
Source: Wall Street Journal Apartment rents increased faster last year than at any time since 2007, a boon for landlords but one that has stoked concerns about housing affordability for renters. Read more…
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Renters Across the Country Are Spending Over 30 Percent of Income on Housing Costs
Source: JCHS In 2014, just under half (49.3 percent) of American renters were housing cost burdened, spending more than 30 percent of income on housing costs. Read more…
