Florida Window and Door Expanding to a New Facility; Renovating a Building in Downtown Lake Worth

LAKE WORTH, Fla. — Florida Window and Door, the leader in the installation of hurricane impact windows and doors for residential, commercial and condominiums, is set to relocate their corporate office to Lake Worth in October of 2016, to a renovated 18,000 sq. foot building which will house their new showroom and distribution facility. “Our…

CITIZENS SAY IT AINT SO!

Citizens Property Insurance has proposed raising property insurance rates by an average of 25 percent for residential polices and at least 12 percent for policies that cover only windstorm damage. This latest increase request was for rates covering 2012 and was sent to state regulators this week for approval. This latest request by Citizens comes…

MORE RATE INCREASES

Insurance regulators held a hearing last week on Allstate’s request for an increase in property insurance between 31.2 percent and 35.7 percent statewide. At the same time, requesting an even higher rate for homes located in South Florida. While that request was being considered, Citizens Insurance Corp was in the process of shedding 500,000 to…

NATION’S BUILDING NEWS

According to the National Association of Home Builders housing activity is predicted to pick up for the balance of the year and a real recovery will start sometime during 2012. But home prices nationally are just about back to where they should be relative to income following explosive growth during the boom. Mortgage rates will…

Remodeling Rebound

While the housing market remains sluggish the remodeling market is experiencing a rebound. A recent report by the Joint Center for Housing Studies at Harvard University predicted that remodeling would rebound strongly this year after a three-year downturn. The center estimated growth over 9 percent for the first quarter and over 12 percent for the…