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Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aTracking $12B in out-of-state and foreign home purchases in Palm Beach CountyTracking $12B in out-of-state and foreign home purchases in Palm Beach CountyCharles Cohen’s 750 Lex value slashed by 83%, foreclosure loomsCharles Cohen’s 750 Lex value slashed by 83%, foreclosure loomsRialto slaps another Signature Bank borrower, RFR, with defaultRialto slaps another Signature Bank borrower, RFR, with default
South Florida

Palm Beach property values better than expected

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Palm Beach County’s property values are not falling as much as appraisers had expected. One appraiser projected a 7 percent drop in taxable value from last year, but a report issued today showed the decline to be about 5.5 percent, which means local governments will have some more money in next year’s budget. Palm Beach County commissioners planned to cut $47 million from the $4 billion budget proposal, and the new estimate will give them about $8 million more.