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After a year of record growth, home prices will continue to rise in 2022, but possibly more slowly
By Amber Randall |South Florida Sun Sentinel According to a newly released forecast from realtor.com on how the housing market will fare in 2022, home prices are expected to rise almost 6% in South Florida over the next year. This comes after a year and a half of already record growth. There is some good…
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The cost to rent in South Florida keeps going up. Here’s what some renters are giving up to make ends meet
By Amber Randall |South Florida Sun Sentinel Wages aren’t keeping up with soaring rents in South Florida, and that’s forcing many renters to make sacrifices and difficult choices between basic necessities and paying their landlords. While rents in the region have surged an average of 22% higher than last year, income has only risen between…
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As rents rise, so do pressures on people at risk of eviction
By Sophie Kasakove | The New York Times The heightened strain on available housing has strengthened the position of landlords. “Landlords seem anxious to move tenants out so they can go out and take advantage of those higher rents,” said Zach Neumann, director of the COVID-19 Eviction Defense Project in Colorado. Skyrocketing rents are blunting…
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Hidden fees driving up home prices
BY DAVID LYONS SOUTH FLORIDA SUN SENTINEL Out-of-state buyers might be igniting home prices in South Florida, but developers saylocal government fees are adding fuel to the fire. In some cases, the fees — known as impact fees — are tacking $90,000 onto the price of newly constructed house, according to the Gold Coast Builders…
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Florida Realtors wages battle with DeSantis over state cuts to affordable housing fund
Wendy Rhodes | Palm Beach Post Florida Realtors, the state’s largest trade organization and the third-largest Realtor organization in the country, is taking on Gov. Ron DeSantis and state GOP lawmakers over recent legislation that permanently pillages a critical affordable housing trust fund. The move comes as the prices of homes — and rents — skyrocket across…
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The CDC Extends Its Eviction Moratorium For 30 Days
For inquiries, please reach out to Today in Housing Managing Editor Ahmad Abu-Khalaf, senior research analyst at Enterprise. JUNE 24, 2021 Today, CDC Director Dr. Rochelle Walensky extended the agency’s temporary eviction moratorium for qualifying renters, which was set to expire on June 30, 2021, through July 31, 2021. A press release from the CDC…
