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Palm Beach County may reconsider rules on workforce housing
Source: Sun Sentinel Palm Beach County may back off requirements for developers to cap the prices of new homes set aside for “workforce” housing. The County Commission Thursday lessened the number of reduced-price homes required at a development proposed west of West Palm Beach. Read more…
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Top 5 tip offs your loan modification company is a scam
Source: Palm Beach Post The Florida Office of Financial Regulation warned homeowners this week to be wary of loan modification companies that may be taking their money, but performing no legitimate service. Read more…
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Everything you need to know about President Obama lowering FHA premiums
Source: Housing Wire Speaking at a Phoenix high school Thursday morning, President Obama said he is directing the Federal Housing Administration to reduce annual mortgage insurance premiums by 50 basis points, from 1.35% to 0.85%. The move, first reported by HousingWire Wednesday, comes despite concerns from the other side of the aisle over its effectiveness…
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Rent-Burdened Nation: Housing Expert Discusses Affordable Housing Crisis
Source: National Real Estate Investor Andre Shashaty: I call the decreasing affordability of housing the silent crisis because it eats away at the wellbeing of families and, by extension, society as a whole, with little notice from policymakers or the press. Read more…
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Affordable Housing: When Working Full Time Isn’t Good Enough
When you think of the basic necessities in life, having a roof over your head is at the very top. We are not just talking about a shelter, but a home, a place that you and your family can feel safe and peaceful after a hard day’s work. Simple right? Housing for everyone should be…
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Buying more affordable than renting by astounding amount
Source: Palm Beach Post South Florida rents have increased so much since the housing bust that tenants can now expect to pay 44.5 percent of their monthly income on rent, according to a report released today by the Seattle-based research firm Zillow. Read more…
