DELRAY BEACH — It’s back to the budgetary drawing board for Delray Beach. Delray Beach city commissioners Tuesday evening killed a proposed fire service fee needed to fill a $3.2 million hole in the municipal budget. City residents and business owners who packed commission chambers in opposition to the fee, cheered the 3-1vote. READ MORE.
DELRAY BEACH — The Delray Beach Public Library hosted the Delray Beach Chamber of Commerce's first Cocktails and Contacts, the newly rebranded monthly business card exchange, Thursday evening. READ MORE.
DELRAY BEACH — Wall Street’s major finished mixed Friday, while South Florida stocks finished modestly higher. The Dow Jones industrial average fell 74.17 points, or 0.58 percent, to 12,660.46; the Nasdaq composite index gained 11.27 points, or 0.40 percent, to 2,816.55; the S&P 500 fell 2.1 points, or 0.16 percent, to 1,316.33.
DELRAY BEACH — Mortgage rates shot up over the past week but continue to hover near historic lows. The 30-year fixed-rate mortgage now averages 3.98 percent with 0.7 point, up from 3.88 percent a week ago, according to Freddie Mac’s Primary Mortgage Market Survey.
DELRAY BEACH — Stocks continued to push higher, as the three major Wall Street indices all posted solid gains. South Florida stocks fell in line with the market as a whole. The Dow Jones industrial average gained 81.21 points, or 0.64 percent, to 12,756.96; the Nasdaq composite index gained 31.67 points, or 1.04 percent, to 2,818.31; the S&P 500 picked up 11.41 points, or 0.87 percent, to 1,326.06.
DELRAY BEACH — Stocks moved little Tuesday as Wall Street’s major indices closed mixed. South Florida stocks posted moderate gains. The Dow fell 33.07 points, or 0.26 percnet, to 12,675.75; the Nasdaq composite gained 2.47 points, or 0.09 percent, to 2,786.64; the S&P 500 fell 1.37 points, or 0.10 percent, to 1,314.63.
FORT LAUDERDALE — A Delray Beach man who masterminded a $2.5 million reverse mortgage scam aimed at the elderly poor has been sentenced to 70 months in federal prison.
DELRAY BEACH — Stocks as a whole inched a bit higher Monday, but local stocks went a tad south. The Dow Jones industrial average fell 11.66 points, or 0.09 percent, to 12,708.82; the Nasdaq composite index fell 2.53 points, or 0.09 percent, to 2,784.17; the S&P 500 gained 0.62 point, or 0.05 percent, to 1,316.00.
DELRAY BEACH — Well what do you know? Used-home prices last month actually rose in Florida, albeit barely. In Palm Beach County, however, it was more of the same.Florida’s Realtors on Friday reported that the median statewide price for a used home sold in December rose to $134,3000 compared to $133,000 a year earlier.
