real estate

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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