Caribbean National Weekly

CNW90: 1in 4 Miami-Dade homes still underwater

By Andrew Karim··1 min read
CNW90: 1in 4 Miami-Dade homes still underwater
Key Points(5)
  • A look at some of the top stories making the news today, September 17, across your Caribbean-American community in South Florida.
  • Miami-Dade commissioners have rescinded their vote to rename a street after Cuban-American real estate tycoon Jose Milton.
  • The vote came just days after news leaked of another lawsuit against the Milton Corporation for racial discrimination, accusing the company of blocking black renters from their properties.
  • A new report shows that 23 percent of Miami-Dade and 19 percent of Broward homeowners still owe more on their mortgages than the value of their homes.
  • The new number of homeowners underwater however marked a decline, vastly improving from the 50 percent of underwater South Florida homeowners in 2010.

A look at some of the top stories making the news today, September 17, across your Caribbean-American community in South Florida.

Miami-Dade commissioners have rescinded their vote to rename a street after Cuban-American real estate tycoon Jose Milton. The vote came just days after news leaked of another lawsuit against the Milton Corporation for racial discrimination, accusing the company of blocking black renters from their properties.

A new report shows that 23 percent of Miami-Dade and 19 percent of Broward homeowners still owe more on their mortgages than the value of their homes. The new number of homeowners underwater however marked a decline, vastly improving from the 50 percent of underwater South Florida homeowners in 2010.

Celebrating the 32nd independence anniversary of St. Kitts and Nevis, the St. Kitts and Nevis Association of Florida will be hosting their 17th annual Dinner and Ball, set for this Saturday, September 19th, starting 6:30 pm at the Howard Johnson Plaza Hotel. The event will feature their signature cultural showcases and performances.

In sports, South Florida-based Jamaican swimmer Alia Atkinson has been confirmed as one of the stars competing at the upcoming FINA Swimming World Cup in Dubai come November. This will be a homecoming for Atkinson, who earned her first world record at another international competition in Dubai last year.

What’s trending:
Jamaican writer Marlon James has made history by becoming the first ever Jamaican novelist
shortlisted for the UK’s Man Booker Prize, for his book, “The History of Seven Killings.”
For more on what’s trending, follow us on Facebook and Instagram at Caribbean National
Weekly, and on Twitter at National Weekly.

For Today’s Weather Forecast:
Thunderstorms in Broward County with a high of 84 and a low of 75. For Miami-Dade, thunderstorms with a high of 84 and a low of 75.
For more information on these and other stories, visit cnweeklynews.com.

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