real estate

The Florida Roundup
2:06 pm
Tue November 20, 2012

Marlins Trade Away Top Players - And Fans' Trust

With the Marlins purge, does Miami have a bit of buyer's remorse over the mostly publicly-funded stadium?
Credit ItsL_E

The Marlins latest fire sale is official: Major League Baseball Commissioner Bud Selig approved the trade of 5 of the team’s top players.  

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Housing Crisis
10:56 am
Wed October 24, 2012

ProPublica: State Lawmakers Are Holding Up $300 Million Meant to Help Homeowners

Florida's is sitting on $300 million meant to help homeowners.
401(K) 2012 /Flickr

ProPublica reports that $300 million awarded to Florida through a settlement over bad mortgages and foreclosures remains untouched. 

That money is meant to help homeowners in Florida that were hurt by the state's housing crisis.

Millions of dollars were given to individuals and state governments by big banks accused of wrongful foreclosures and other mortgage servicing abuses.

Florida got the biggest sum of money-- besides California-- because the state was wracked by the housing crisis.

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Broward Ranks First Among Florida Counties
5:02 pm
Thu October 11, 2012

Florida Leads The U.S. In Foreclosures

Florida is number one when it comes to foreclosures. This is the first time since 2005 that Florida has held the top spot.

The rankings for September are based on figures released Thursday by RealtyTrac.

Within the state, Broward County has the highest percentage of homes going through the foreclosure process.

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Arts
4:48 pm
Wed October 10, 2012

The Nine Best Blocks In South Florida

Photo of Allapattah submitted by Albert Harum-Alvarez.
Credit Albert Harum-Alvarez

For the first time since the 1920’s, young people across the United States are migrating back to the urban cores, and leaving the suburbs behind, according to U.S. Census data.

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Politics
1:26 pm
Wed October 3, 2012

Citizens Hikes Rates And Jettisons Thousands Of Policyholders

Damage from Hurricane Andrew in South Miami, 1992.
HAM guy/flickr

The effort to shrink the number of homes insured by the state-backed Citizens Property Insurance is accelerating into high gear.

The Office of Insurance Regulation approved the company’s rate hike request this week.

At the same time, more than 200,000 Citizens customers are being contacted by private insurance companies that want their business.

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Real Estate
9:13 pm
Wed September 19, 2012

Palm Beach County’s Middle Class Still Waiting For Promised “Workforce Housing”

Flickr/Dean Terry

A controversial agreement between Palm Beach County and developers is finally producing reduced-price homes for low- to middle-income families.

It’s just not happening fast enough.

In 2006, at the height of South Florida’s building boom, the county decided to set aside affordable housing for its workforce.  So it struck what sounded like a sweet deal for developers: they could build more houses than usual within certain areas, provided they knock down some prices. 

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