Hundreds of new apartments rise as housing market tries to meet demand

Apartment construction is still thriving across South Florida, with hundreds of new units now rising in northern Broward. Deerfield Beach recently gave the green light to building more than 300 apartments — while Coconut Creek and Pompano Beach have projects underway that range from 111 to 296 units. It’s a trend that’s happening across the region as homeownership rates have yet to rebound from the real estate meltdown that left many people owing more on their houses than they were worth.

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Source: SunSentinel