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According to a new report from Redfin, Miami, West Palm Beach and Jacksonville metro areas continue to dominate the country in cash-heavy transactions, even as high mortgage rates begin to stabilize.
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With shovels in hand, city and county officials pressed their spades into the sandy soil of Allapattah on Friday afternoon, marking the start of construction for a mixed-income workforce and affordable housing community rising just west of downtown Miami.
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Faith leaders across the county, led by BOLD Justice, held a news conference Tuesday morning in downtown Fort Lauderdale to raise awareness of the countywide affordable housing shortage. They say only one in four families in Broward County can afford a place to live.
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Shared homeownership isn’t new, but who’s doing it, is. As prices surge, more first-time buyers are turning to friends to afford a home.
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Peter Gutierrez, 21, has lived in Cutler Bay for much of his life, but when he reached adulthood, he began to question whether Miami was where he wanted to settle down.
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Florida’s cost of living hit record highs in 2024, and young adults are feeling it the most. Rent keeps going up, wages aren’t keeping pace, and affordable options are hard to find. For many, living at home isn’t about a lack of ambition, it’s simply the only thing that makes financial sense.
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On "The Florida Roundup," an FSU director describes how Florida's housing has become "increasingly unaffordable," why the issue is more complex than it seems and more.
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Michael Henry, born and raised in Miami-Dade County, has received a competitive salary and benefits for his work as a South Broward firefighter for the past two years. However, he must live more than 100 miles away from the place he commutes to every day to save lives.
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16 Corner redevelopment offers rent-stabilized units for as low as $537 in Miami’s historic neighborhood
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Miami’s mayoralty is officially a nonpartisan position. And as the saying goes, there are no Democratic or Republican potholes; they are all of local concern.
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The data shows Miami at the bottom of the list when examining the share of available homes that are affordable to a typical household earning the median income. By contrast, Pittsburgh was cited as the metro area where affordable homes are the easiest to find.
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Over the last year, around 900 families have been forced to move out of Sweetwater's Li'l Abner, one of the last remaining mobile home parks in a region that is increasingly unaffordable for many. Roughly 200 families who had stayed put had been given until Tuesday to move out, as demolitions continued in the neighborhood.