housing

Wilson Sayre

Surrounded by a backhoe and excavators, more than 250 people celebrated the groundbreaking of a new housing development project in Miami’s West Grove neighborhood Monday morning.

Gibson Plaza is designed to be a mixed-use, mixed-income housing development offering affordable housing to the elderly. This development is the first project of its kind in over 50 years.

The project is a product of a public-private partnership between Miami-Dade County, two development groups, a private foundation, and Miami-Dade College.

$30 Million To Miami-Dade Homeless Programs

Apr 15, 2014
Creative Commons via WikiCommons

The U.S. Department of Housing and Urban Development (HUD) has released its list of organizations that will receive funding through the Continuum of Care Program this year. But this year programs are getting 5 percent less money than usual.

The Continuum of Care Program gives money to homeless assistance programs like housing and counseling services. It also funds emergency services to keep people off the street in the first place.

The budget squeezing that happened last year is now coming down the pipe into communities this year.

North Miami Bands Together For Housing Sweeps

Mar 27, 2014
City of North Miami

The North Miami Police Department, code enforcement teams and even parks and recreation are joining forces in what are being called “building inspection sweeps.” The city says going in together as a team helps streamline code enforcement.

Three months ago, the roof of an apartment building in North Miami collapsed, displacing over 250 people from their homes. Though that was not the impetus for creating this coalition, city representatives said they learned from the accident.

Want To Buy A Prison? You're In Luck

Mar 14, 2014
Creative Commons via WikiCommons / Illustration by Wilson Sayre

UPDATE 6/2/2014: The City of Pembrook Pines has won their bid for the empty prison. Mayor Frank Ortis says the City wanted to control what happened with the land which is not far from houses that fall within city limits.

------------------------------------------

A 66-acre plot of land off Sheridan Street has excellent security features, and it will soon be on the market. The Broward County Correctional Institution, a former women’s prison, is being sold off by the state.

Something about housing stats in particular seems a bit more voyeuristic than say, just the average age of a neighborhood's residents. Housing numbers create a figurative window into people’s private spheres that is a bit uncomfortable at times, but the stats help visualize in a different way the place we call home.

Here's a list of websites that map different aspects of Miami's housing market:

Wilson Sayre

Foreign investors have been gobbling up properties all over South Florida, often paying with cash. And banks are less willing to take a risk with families who need financing in lieu of cash.

This affects the percentage of income South Floridians spend on housing, because when it's harder to purchase a house, more people rent. And when more people are renting, rent prices go up.

For six years now, home-seeker Lionel Lightbourne has been looking for a home with his wife and the seven kids they have between them, aged 15 to 28.

Creative Commons via Flickr user Jim Fischer

UPDATE 11:15 a.m. Oct. 31: In the latest development of the City of Miami's request to revisit the Pottinger case, Federal Judge Federico Moreno has officially called for an evidentiary hearing.  This means both sides will present data and witnesses who will attest to whether the landscape for the homeless in Miami has, in fact, changed. The judge has the ability to reopen the original settlement if the change is significant enough.

New homes are back in a big way — literally. This summer, a typical new house in Phoenix was more than 20 percent larger than a resale home as builders across the country added more space to accommodate post-recession lifestyles.

Take Jacque Ruggles' family, for example. Four women from three generations live under one roof.

"I'm the matriarch," Ruggles says. "I'm grandma."

Led by more strong gains in Las Vegas, San Francisco, San Diego and Los Angeles, home prices in major U.S. cities were up just more than 12 percent on average in July vs. July 2012, according to the latest S&P/Case-Shiller Home Price Indices report.

The average increase was the largest since February 2006, Reuters adds, and is yet another sign that the housing sector is among the economy's strongest sectors.

http://marinapalms.com/

08/28/13 - Wednesday's Topical Currents examines the status of the South Florida housing market and mortgage rates.  After the meltdown of 2008, banks say they’re issuing loans to only experienced and well-capitalized developers.  The South Florida condo market is thriving, and residential properties have increased in value.  Most property sells for close to asking prices.

http://seven50.org/

08/22/13 - Thursday's Topical Currents begins with an update on South Florida’s Seven-50initiative. “Seven-50” is a blueprint for steering growth among Southeast  Florida’s seven counties:  Monroe, Miami-Dade, Broward, Palm Beach, Martin, St. Lucie and Indian River. It considers transportation, housing, jobs and the environmental concerns over the next five decades. Guests are: Michael Busha, Seven50 Management Team, Executive Director of Treasure Coast Regional Planning Council (TCRPC); Victor Dover, Seven50 Lead Consultant, Principal – Dover Kohl & PartnersJoe Quinty, South Florida Regional Transportation Authority Project Manager for the Tri-Rail Coastal Link.

And more, in the second half of the program: Linda Gassenheimer’s annual “back to school” lunch program, with dietary chiefs from both Miami-Dade and Broward Counties. Tune in for Topical Currents Thursday at 1pm on WLRN-HD1.

Here's a headline that may sound familiar: Miami is in the middle of a condo boom.

Just seven years ago, Miami had a similar surge in condo construction. But it all came crashing down. There was an international banking crisis, and the Florida real estate bubble burst — taking down investors and many developers.

But new towers are once again reshaping the city's skyline.

Peter Zalewski, a real estate consultant with Condo Vultures, says 19 condo towers are now in the works in Miami, with 7,000 total units.

Prices Signal Broward Housing Recovery

Feb 12, 2013

The median price for a single family home in Broward County is back above $200,000, according to the Florida Association of Realtors. The exact number is $208,000, compared with $185,900 in 2011.

The median price is greater than half the selling prices of the year and less than the other half.

The 2012 figure is 12 percent higher than last year and the first time $200,000 has been seen since 2009.

A decade ago, speculators in Florida were pumping up a huge housing bubble.

"You couldn't go wrong," Tampa real estate attorney Charlie Hounchell says. In that overheated period from 2001 to 2006, "you could buy a house and make $100,000 a year later by selling it," he says.

But the party ended in 2007 and the hangover persists. The state now has the highest foreclosure rate in the country, beating out Nevada for the first time in five years.

Jolie Puidokas/Marketplace

In the Marketplace Morning Report's second Wednesday segment, host Jeremy Hobson wonders if home ownership is still part of the American Dream. He speaks with Miami's billionaire condo king, chairman George Perez of the Related Group, and introduces WLRN's Karen Burkett with a story about the challenges that home buying poses to normal-income people competing with investors for the same properties.

Pages