a City Neighborhood with 14,691 households
house depreciates 13.7% in the last 12 months
there are 1147 homes for sale, including 761 foreclosures .
Now why are the few anonymous enemies of Lake Osborne Heights and all those who have been fighting to save this neighborhood as well as other single family neighborhoods in Lake Worth for nearly four years, wanting MORE empty units sitting on a 4.02 parcel of land that never should have been promised a different zoning when it was annexed...a zoning that was ILLEGAL?
They ask why would we not want $600,000 townhomes on this property? No one is buying right now especially high end properties in Lake Worth unless on the IntraCoastal Waterway or Golfcourse and that amount might be one or two, or haven't you noticed all the For Sale signs all over town? What we don't want is the neighborhood changing; townhouses that can't sell and turning into rentals and then slum and blight.
Remember Florida Hometown Democracy in 2010.
