By Dave Bohman | WPTV West Palm Beach
By: Andrew Atkins, USA Today Network – Florida
As Florida’s population grows, so does its affordable housing problem. For local communities around the state, there’s no quick answer. WATCH VIDEO
By: Kimberly Miller | Palm Beach Post
Young adults and low-wage workers aren’t the only ones suffering from soaring rents as middle-age and middle-income Floridians also face downsizing homes and lifestyles that they spent, in some cases, decades attaining. READ ARTICLE
Photo by Thomas Cordy | Palm Beach Post
The pandemic rush to Miami has made it the most unaffordable housing market in the country
By Chava Gourarie | Commercial Observer
The pandemic rush to Miami has made it the most unaffordable housing market in the country.
Long before anyone had ever heard of COVID-19, Miami’s affordability problem had been getting worse each year since the Great Recession. Whereas affordability rebounded after the crash in many cities, Miami’s home prices and rents continued to rise out of sync with employment or income. READ ARTICLE
By Amber Randall | South Florida Sun Sentinel
South Florida home prices are soaring, and the number of available homes is shrinking, as buyers continue to struggle to find homes in today’s market.
Sellers have the advantage in the market, and buyers are desperate to land a home in an environment where properties are being bought up in a matter of days, as home prices shoot up by 20% in some areas when compared to last year.