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Denver’s $150M affordable housing plan highlights stepped-up strategy
Source: The Denver Post The urgency of Denver’s affordable housing problem has become all but impossible for Joe Vostrejs and many other employers to ignore. The downtown real estate and restaurant investor sees service employees with families struggle to afford apartments or homes on salaries of $30,000 to $40,000 a year. Read more…
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Editorial: For economy’s sake, address ‘workforce housing’ issue now
Source: Palm Beach Post By nearly every measure that counts, Palm Beach County’s economy is bouncing back quite well from the real estate-fueled downturn of the past few years. Read more…
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Companies need affordable workers, but workers need affordable rent
Source: South Florida Business Journal Without housing options it can afford, South Florida’s workforce has no room to grow. Read more…
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Average rentals top $1,200 in Broward, Palm Beach
Source: The Real Deal Average rental apartment rates increased in Broward and Palm Beach counties in the second quarter and may keep rising into next year. Read more…
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Palm Beach County home prices reach post-crash high
Source: Palm Beach Post Palm Beach County’s median home price rose to $305,000 in June, the highest level in the post-crash recovery, the Realtors Association of the Palm Beaches said Wednesday. Read more…
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Data Dive: A look at the houses owned by Palm Beach County’s largest landlord
Source: Palm Beach Post Talk about a buying binge. From January 2013 through last month, Invitation Homes snapped up 1,296 properties from Jupiter to Boca at a cost of $324.2 million. That’s according to an analysis by the Palm Beach County Property Appraiser for the Palm Beach Post. Read more…
