The 13th annual Race for the Arts 5K and 2nd annual Color Me 4k run/walk will be held Saturday, March 1st, at Dreher Park. The money raised will be used to support arts programs in Palm Beach County Schools. There will be music, dancing, student art work, raffles, and games before and after the race.
photo by Brian Tietz
On Wednesday, February 26th, from 6:00 to 8:00 PM, the Palm Beach Post will be hosting an evening of cocktails, hors d’oeuvres, and great discussion about conservation. Mr. Syd Kitson, President and CEO of Kitson & Partners and former NFL player, will be speaking to attendees about his plan to build a solar-powered city, Babcock Ranch, in Southwest Florida.
At 7 PM on Friday, February 28th, the Palm Beach Zoo will be showing the movie ‘Rio 3D’ for its first ever ‘ZOOvies’ presentation. This event will be the first ever outdoor 3D movie event in Florida and it’s happening right here in the Southend. You won’t want to miss this!
Today in Soso News we have an interview with neighborhood blogger Aaron Wormus. Aaron’s blog, aGuyOnClematis, is dedicated to all things ‘West Palm Beach’ and was voted the ‘Best Overall Blog’ in the Sun Sentinel, 2011. Continue reading
The FHA, Federal Housing Administration, recently raised the required down payment on a home in order to qualify for an FHA loan from 3.5% to 5%. Now, homeowners will need to be able to pay a down payment of at least 5% of the cost of a home in order to qualify for an FHA mortgage.
As a result, these changes will affect the price of house buyers can purchase in the Southend. The maximum loan amount has been reduced from $423,000 to $345,000, around an $80,000 difference.
With an estimated median home value of $149,280 in the Southend, buyers interested in purchasing a home around this price range will now need to be able to pay a down payment of around $7,464, as compared to the previous $5,225, in order to secure a loan from the FHA.
SoSo News 