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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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"When nearly one in five home purchases in Miami is investor-financed, it fundamentally changes market dynamics for everyday buyers,” Jake Stoddard, Owner of Reliable Cash House Buyers, said in a statement accompanying the report.
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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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On an ideal morning, Giovanna Ruiz would wake up slowly as the sun spilled across her bedroom wall. Wrapped in a lounge set with a warm cup of coffee in hand and her cat Chi Chi curled beside her, she might journal, paint or read, just because she can.
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Residents still living in cottage-style apartments as 1940s-era federal housing project in West Palm Beach transitions to modern, four-story buildings.
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Young homebuyers have been priced out of the market even more than previously, according to a report released Nov. 4 by the National Association of Realtors.
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Florida’s new law is part of a growing movement known as YIGBY — Yes in God’s Backyard. Touted by many faith leaders, lawmakers and developers, the movement imagines a connection between a religious mission to serve and the very real hurdles of building affordable housing.
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Homelessness among Florida families rose by 28% in the last three years, a report from the University of Florida found.
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As the Trump administration disbands a federal effort aimed at addressing racial bias in home appraisals, a local housing expert warns that discrimination and significant racial disparities in property values persist. The cause: historical segregation policies.
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HHHP assists first responders and essential workers with homeownership. MSFH can help existing homeowners harden their homes against storms.
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A trio of proposals headed to the City Commission Thursday could dramatically reshape development across Miami — doubling building heights and density near transit hubs and arteries, despite calls for more public input and long-term planning.
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An apartment building will rise on Australian Avenue in West Palm Beach. Agents for The Breakers Palm Beach resort have shared plans for a 155-unit, eight story apartment building across the bridge on Australian Avenue in West Palm Beach.