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Why a severe housing shortage means reduced wages for workers
Source: PBS According to a new report, more than 40 million American households are spending a third of their income on rent, and housing shortages in major cities such as […]
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Housing affordability improves, but trend to reverse as rates rise
Source: Palm Beach Post After the surprise Brexit vote this summer, mortgage rates fell below their already rock-bottom levels. Following Donald Trump’s unexpected victory on Nov. 8, mortgage rates jumped. […]
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In Palm Beach County, buying beats renting by a wide margin, Trulia finds
Source: Palm Beach Post For Palm Beach County renters, Trulia chief economist Ralph McLaughlin has some simple advice: Buy a house now. Palm Beach County ranks No. 2 on Trulia’s […]
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10% rise in home prices points to seller’s market — but for how long?
Source: Palm Beach Post Palm Beach County’s housing market remains skewed in favor of sellers, although the seller’s market might be easing ever so slightly. The median price of a […]
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As home prices rise, many people can’t find a place they can afford
Source: Palm Beach Post Palm Beach County’s home price rebound is putting the squeeze on affordability. Just 57.7 percent of homes sold in Palm Beach County in the second quarter […]
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Why I’m Leaving Teaching: A Wellington teacher’s painful decision
Source: Palm Beach Post Heartbreaking – it’s the only word that can describe how it feels to walk away from something that was once your dream. The one job you […]