housing market

Flagler Village To Grow With Affordable Housing For Seniors

By LISA J. HURIASH • Sep 4, 2019

Fort Lauderdale’s trendy Flagler Village could be getting more affordable — at least for seniors.

A new affordable housing project for families with at least one resident older than 55 and seniors is planned for the neighborhood. Pending building permits, Village View is expected to break ground in December at 640 N. Andrews Ave.

Developer Housing Trust Group was spurred by the success of its similar Village Place, built nearby in 2015.

New Affordable Housing Report Shows Scope Of Broward County's Crisis

By Caitie Switalski • Jun 2, 2019

The number of people spending more money than they should on housing in Broward County, keeps going up.

The Sunshine Economy: Jorge Pérez On Housing, Sea Level Rise and Pres. Trump

By Tom Hudson • Oct 9, 2018

Andrew Milne / courtesy of The Related Group

Jorge Pérez has built hundreds of condominiums in South Florida since the last housing market collapse. In fact, he has built thousands of condos in his career. They have fueled a multi-billion dollar fortune for him and reshaped the region’s skyline.

His company, The Related Group, is not putting shovels in the ground right now though. He thinks real estate in South Florida is coming in for a soft landing, but not because the American economy is softening.

The Florida Roundup: Zika Infects Local Politics, A Tale of Two Solar Amendments & Real Estate

By Bridget O'Brien • Aug 28, 2016

This week on The Florida Roundup...

We bring you the latest information on the developing weather in the Caribbean with Meteorologist Jeff Huffman.

Next, a week after Miami Beach is declared a Zika zone, the virus has infected local politics as new cases are found along the Gulf Coast of Florida. Who exactly is in-charge of getting timely information out to the public? Is it the Governor? Is it the Department of Health? WLRN's Sammy Mack and Jenny Staletovich with the Miami Herald join for this segment.

Listen here:

Miami Real Estate May Slow in 2016

By Luis Hernandez • Feb 5, 2016

Condominium and luxury real estate sales may slow down in Miami this year. That's due in large part to the fact that economies in Brazil, Argentina and Venezuela are collapsing. And billions in real estate purchases in Miami comes from South America. But not all real estate will be in bad shape in the coming year. Nick Nehamas of the Miami Herald wrote about real estate and other economic predictions for 2016. This is actually looking pretty bad for Latin America.

Sunny Future, Difficult Past For South Florida Foreclosures

By Wilson Sayre • Sep 17, 2015

The South Florida housing market is on the mend, according to the latest foreclosure numbers from RealtyTrac. The numbers paint a bright road for future homeowners, but don't mean much for those under foreclosure now.

Miami saw the second highest foreclosure rate among the 20 largest metro areas in August, averaging one foreclosure filing for every 568 housing units.

Check Out The Median Rent In Your Miami Neighborhood

By Eleonora Edreva • Jul 15, 2015

Rental start-up Zumper has released a map (scroll below) of the median rents across Miami neighborhoods, and concludes the Miami rental market has become the sixth most expensive in the country.

According to Zumper, the median price of a one-bedroom rental in the city — including apartments, condos, and rentals — $1,880.

Here's A Map Of Affordable Housing In Miami-Dade

By Wilson Sayre • May 28, 2015

A new map created by the the University of Miami's Office of Civic and Community Engagement hopes not only to show where affordable housing is located but also some of the different demographic information that may be driving its placement.

Fannie Mae Accused Of Neglecting Properties In Black and Hispanic Neighborhoods

By Nadege Green • May 13, 2015

A South Florida watchdog group is filing a complaint against the federal housing agency known as Fannie Mae. HOPE Inc. says Fannie Mae neglected foreclosed properties in predominantly black and Hispanic communities but kept up homes in white neighborhoods.

Wednesday, HOPE and 18 other fair housing groups from across the country held a national press conference to call attention to Fannie Mae’s alleged racial discrimination in how it maintained foreclosed properties nationwide. Fannie Mae has denied the accusation.

Miami-Dade Housing Summit Looks Into Mixed-Income Housing

By Wilson Sayre • May 6, 2015

After plans were announced to raze the Liberty Square housing projects in Miami's Liberty City, residents and housing advocates were concerned about where the projects' inhabitants would move to as low-income housing in the city dwindles.

Despite Recovery, Many Find Home Loans Still Hard To Get

By Chris Arnold • Feb 17, 2015

It's been seven years since the housing crash. The housing market and the economy are both recovering. But housing advocates say you still have to have a near perfect credit score to get a loan from a major bank.

At first look, it seems like the trouble in the housing market has quieted down. There are fewer foreclosures. Home prices have stabilized and risen. But, as any parent with young kids will tell you, when things get too quiet that can be a bad sign.

Mike Calhoun, the president of the Center for Responsible Lending, says that's basically what's going on here.

Refinancing For Underwater Homes Ends Next Year

By Jessica Meszaros • Dec 7, 2014

The Home Affordable Refinance Program, HARP, is rolling into its last year.

The program run by the Federal Housing Finance Agency is a critical help for some South Florida homeowners.