Housing
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About 3 dozen high-rise buildings in South Florida are sinking
It’s not uncommon for buildings to sink a little during and soon after construction, but the scientists called their discovery surprising because some of the changes took place several years later. SUNNY ISLES BEACH, Fla. (AP) — Almost three dozen high-rise condos and luxury hotels along the beach in South Florida are sinking or settling…
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Florida seniors in dire financial straits are losing their housing
Despite its reputation as a retirement destination, rising rent costs continue to impact older Floridians, with approximately 35% of seniors in the Sunshine State moving or facing homelessness due to rising rent prices.
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Hurricane fallout: Florida housing sales drop, insurance rates rise
In Fort Lauderdale, pending sales dropped 15.2% year over year during the four weeks ending Nov. 10—the biggest decline among the 50 most populous metro areas in the country that Redfin analyzed. Florida is home to the five US metropolitan areas where pending home sales are falling the fastest, according to a new report by…
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DeSantis warns that Florida’s largest property insurer is ‘insolvent’
Citizens Property Insurance Corp, often called “the insurer of last resort,” has requested a 13.5% percent rate hike.
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The top 5 best places for first-time home buyers are in Florida
WalletHub compared 300 cities of varying sizes across 22 key indicators of market attractiveness, affordability, and quality of life.
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Rent increases would be limited to 5% per year under new Biden-Harris plan
The plan calls on Congress to pass a law that would withdraw tax credits from landlords who raise rent by more than 5% annually. If passed, the plan would apply to about half of all rentals in the United States.
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Does your home have a mold problem? Here’s what you can do about it.
In addition to damaging building materials, household goods, and furnishings, mold can also increase your risk of potential health problems.
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Here’s how to get help with hurricane-proofing your home and save on insurance
The program is intended to help offset the high cost of property insurance by offering matching grants of up to $10,000 to Florida homeowners to shore up their homes with storm-protective upgrades.
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Housing prices are expected to drop in these 13 Florida markets
During the pandemic, housing prices skyrocketed as demand from newcomers to Florida outpaced supply.
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Millions of Florida homeowners could pay more for property insurance
The proposed increase for Citizens Property Insurance policy holders could result in an average 14% hike across the board for policies covering renters, mobile homes, condos, and single-family homes.
