Thursday, May 29, 2008

2008 BEST RESTORED BEACH AWARD GOES TO BOCA RATON

One of 5 cities in the nation to win the award, The American Shore and Beach Preservation Association cited North Beach, located between Red Reef Park and Boca’s northern boundary. Successful beach renourishment projects have been completed on the central and south beaches, in 2006 and 2003 respectively. Beaches are restored for storm protection, habitat restoration and recreation. More than 370 beaches in the US have been restored along coastlines in Miami Beach, Coney Island and Venice Beach in Southern California. Three criteria are judged – economic and ecological benefits the beach brings to its community, the short and long term success of the restoration projects and the challenges each community overcame during the project. Judges commented that the North Boca Raton effort “is characterized by its longevity, environmental sensitivity and foresight. The three large Boca Raton beachfront properties are worth over $330-MM, making them the city’s most valuable asset”.

Saturday, May 24, 2008

MEMORIAL DAY OBSERVANCES

At 9:30 am on Memorial Day, Monday May 26th, join the Veterans Coalition of South Florida at Veteran’s Park for the annual Memorial Day program honoring armed services veterans. There will be a procession of colors, guest speakers and patriotic music. Bring lawn chairs. Veteran’s Park is located at 900 West Palmetto Park Road between Lyons Road and US Highway 441 in West Boca Raton.

Wednesday, May 14, 2008

MORTGAGE CRISIS AFFECTS 2 MILLION AMERICAN CHILDREN

SOMETHING TO THINK ABOUT: Analysis shows a negative impact on the health, education, and well-being of children A new report released today reveals that an estimated 2 million children will be directly impacted by the sub-prime mortgage crisis as their families lose their homes due to foreclosures. As the first comprehensive analysis of how the crisis will impact kids, the report explains that this number will rise even higher when accounting for other populations, such as children being evicted from rental units that are going into default and those children whose parents default on conventional loans. These foreclosures will happen primarily during 2008 and 2009. The report, which includes state-by-state estimates of the number of children that are directly impacted by this crisis, indicates that foreclosures often result in disruptions to a child's education, as well as issues relating to their physical and mental health. Moreover, behavioral problems are more likely to arise in children who lose their homes, as positive peer relationships disintegrate when children are forced from their neighborhoods. The report, entitled "The Impact of the Mortgage Crisis on Children" can be found at http://www.firstfocus.net/pages/3401/. In addition, the report finds that the physical and mental health of displaced children can be severely compromised, as families losing their homes are less likely to have money available for items such as health care and health insurance. Children impacted by the mortgage crisis are likely to experience excessive mobility and as a result are only half as likely to be proficient in reading as their peers. And, they are much more likely to be held back and eventually drop out of school. Children forced from their homes experience behavioral problems, such as increases in violence. Due to the increasing number of foreclosures, school districts across the country are experiencing increases in the number of homeless children entering their classrooms, many of which can be attributed to the mortgage crisis.

Sunday, May 11, 2008

JCC OFFERS SPORTS, FITNESS FOR ALL AGES AT LOWERED RATES

Fitness is for everyone, and here is a place to enjoy activities and make friends at reasonable rates. The Adolph & Rose Levis Jewish Community Center in Boca Raton has lowered its rates to make the fitness center and other programs more available to local residents. Rates differ depending on interests and ages, starting at $20/month for students and $33/month for adults. The fitness center includes cardiovascular and strength-training equipment, a double gymnasium with two basketball courts, indoor racquetball courts, outdoor tennis courts, a junior Olympic heated pool and locker room with showers and sauna. Members can join free exercise classes, enrichment classes and adult and youth sports leagues. Child-care, personal training, massages and rehabilitation therapy are also offered. The basketball league has expanded to three days a week. Included are spinning, yoga, pilates and Silver Sneakers. Moms can put their children in enrichment classes, and work out while the kids are there.

HURRICANE PREPAREDNESS SEMINAR FOR WEST BOCA

A free event sponsored by the West Boca Chamber of Commerce for business people and residents of West Boca will be held from 10 am to noon on Saturday, May 17th at Lowe’s, located at US 441 and Palmetto Park Road. Free discount coupons will be available to attendees for hurricane supplies. Reservations are a must – limit is 50 people. Email info@westbocachamber.com.

Friday, May 9, 2008

HOUSING PRICES PREDICTED TO GO UP 20-30% IN 5 YEARS

Association of Realtors Chief Economist Lawrence Yun recently said of an area that was hard hit by the housing downturn, that “the worst conditions in the Tampa market may have already passed… I think the second half of 2008 will be better. But if I look at the long-term perspective, five years from now, comfortably, one can say home prices in this region will be 20-30% higher.” He also said that while sub prime mortgages made up only 9% of all mortgages in the US, they made up 53% of US housing foreclosures, dragging down the housing market. Yun noted, “There’s a change in the mood over the last couple of weeks,” and that mortgage rates are at near historic lows, business spending is strong and corporate profits are up, all good economic signs. No doubt this is good news for Florida’s east coast too. According to an article in Realty Times, Palm Beach County buyers have purchased 30 percent more single-family homes from February to March.

Tuesday, May 6, 2008

ROYAL PALM POLO SPORTS CLUB TO CLOSE

After 49 years of polo play, Royal Palm Polo, the last polo facility in south Palm Beach County, will close on May 15th. Located on Jog Road in Boca Raton, it was one of the first polo clubs in the country to build a stadium, drawing players from the best in the world to weekend warriors. Equestrian followers can migrate to Wellington for horseshows et al.