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South Florida home prices rise again in August
Source: Miami Herald South Florida home prices rose in August, continuing a trend of slow and steady growth that suggests an overheated market is cooling down. Read more…
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Lake Worth CRA & Community Land Trust Win Statewide Award
Source: Lake Worth CRA The Lake Worth Community Redevelopment Agency (CRA) and the Community Land Trust of Palm Beach County have recently been acknowledged by a prestigious statewide organization due to their efforts to provide quality workforce housing in the City of Lake Worth. Read more…
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Florida’s rental crunch
Source: Make Room For 30% of renters in Florida, their rent check eats up more than half their monthly income – making it the most rent-burdened state in the country. Read more…
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Renters in South Florida spend too much on housing
Source: Miami Herald Renting a home in South Florida will eat away at your wallet. One in three South Florida renters spend at least half of their income on housing, making them “severely cost-burdened,” according to a study released Thursday. Read more…
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Housing is a Growing Source of Instability
Source: Bipartisan Policy Center As someone who has worked in the housing industry for more than four decades, I have never seen housing in such desperate shape. Yet, for the majority of Americans who today live in safe and affordable homes and communities, concerns about housing may seem abstract and distant. “Why should I care?”…
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U.S. Rental Housing Crisis Projected to Grow with Households Paying More than 50 Percent of Income on Rent Topping 13 Million by 2025
Source: Global Newswire COLUMBIA, Md., Sept. 21, 2015 (GLOBE NEWSWIRE) — The number of households spending more than 50 percent of their income on rent is expected to rise at least 11 percent from 11.8 million to 13.1 million by 2025, according to new research by Harvard University’s Joint Center for Housing Studies (JCHS) and…
