Rising costs of homes push South Florida families to rent over buying
As South Florida home prices and costs of living soar, many families are choosing to rent instead of buying.
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As South Florida home prices and costs of living soar, many families are choosing to rent instead of buying.
Homeowners in the U.S. are getting older as the dream of buying a house slips further out of reach for many Americans.
Some cities and states are throwing out single-family zoning to increase density and create more affordable housing.
Across much of the U.S., owning a home now requires spending more for housing than experts generally recommend.
These charts track the prices consumers are paying for groceries and other goods now compared to the cost five years ago, as inflation lingers.
The average yearly cost of homeowners insurance, property taxes and utilities is up nearly $4,000 since 2020.
Continued demand and lack of inventory are driving up the prices of homes at a time when mortgage rates are also climbing.
Raging inflation has also driven up property taxes, with homeowners in some states getting socked with double-digit increases.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
In Hollywood, there are several projects to bring affordable housing to those who need it.
As housing prices continue to rise, new data highlights how hard it can be to afford a home in some parts of the U.S.
Rose for the ninth straight month
The latest innovation in homebuilding is being touted as a game changer that could end up revolutionizing the construction industry.
We devote the entire half hour to the HOA crisis in South Florida and elsewhere in the state.
We devote the entire half hour to the HOA crisis in South Florida and elsewhere in the state. As the cost of insurance rises, HOAs have been forced to raise fees putting a financial squeeze on homeowners. Corruption is also a concern after leaders of the Hammocks HOA were accused of theft and fraud to the tune of two million dollars. Florida now has the HOA Bill of Rights but critics say its protections don't go far enough. We hear from homeowners from four South Florida HOAs, Miami-Dade State Attorney Kathy Fernandez Rundle and State Rep. Juan Carlos Porras of Miami-Dade County who plan on introducing a stronger HOA Bill of Rights in the upcoming legislative session.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
But people in states at risk of extreme weather, like Florida, are seeing much larger increases.
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
"Home has not been cleared of contamination and will be transferred to the new buyer in its current state," the listing says.
Despite the housing crisis facing South Floridians, there are still thousands of unoccupied homes in Miami.
As 2023 draws to an end, it is clear that South Florida's real estate market continues to change but what is unclear is what direction it will take.
Everything about financing a home purchase surged last year
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
Prices rose in the Northeast, Midwest, and South but were unchanged in the West
The circumstances surrounding the shooting are currently under investigation as police search for a possible suspect.
Lara Trump, the daughter-in-law of President-elect Donald Trump, says she's removing herself from consideration for Marco Rubio's Senate seat.
Cole Anthony scored 27 of his 35 points in the second half and the Orlando Magic tied their largest comeback in franchise history to beat the Miami Heat 121-114 after trailing by 25 points.
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
The suspect drove through the doors of a JCPenny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
The circumstances surrounding the shooting are currently under investigation as police search for a possible suspect.
Lara Trump, the daughter-in-law of President-elect Donald Trump, says she's removing herself from consideration for Marco Rubio's Senate seat.
Cole Anthony scored 27 of his 35 points in the second half and the Orlando Magic tied their largest comeback in franchise history to beat the Miami Heat 121-114 after trailing by 25 points.
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
From merry lights to holiday yard decorations, we want to see what you've got.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The American Automobile Association said this is a dangerous time of year for young drivers.
Lara Trump, the daughter-in-law of President-elect Donald Trump, says she's removing herself from consideration for Marco Rubio's Senate seat.
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
Thirty years after Florida required schools to teach African American history, how the subject is taught remains inconsistent across Florida classrooms, a review by The Associated Press has found.
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Jim talks to Karla Hernandez-Mats, the President of the United Teachers of Dade, about the special election vote held among teachers which soundly defeated efforts of The Freedom Foundation, a right-wing think tank, to decertify the county's teachers union.
Jim talks to Karla Hernandez-Mats, the President of the United Teachers of Dade, about the special election vote held among teachers which soundly defeated efforts of The Freedom Foundation, a right-wing think tank, to decertify the county's teachers union.
Jim keeps the theme of the week going with longtime political reporter Marc Caputo.
Jim interviews the Chair of the Republican Party of Florida about the wave of Floridians being tapped to take over the Trump administration.
A week after interviewing Republican State Rep. Danny Perez of Miami, who is the new Florida House Speaker, Jim goes one-on-one with Fentrice Driskell, the Florida House minority leader.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
Republicans wants to extend 2017 tax cuts that expire next year and could let ACA subsidies lapse to help pay the tab, according to analysts.
Aaron Siri, an attorney to Robert F. Kennedy Jr., petitioned the FDA to "withdraw or suspend" its approval of a polio vaccine.
The FDA's top food official says the safety of the dye called Red 40 hasn't been assessed in over a decade, despite concerns over its potential behavioral health effects.
For many, it's a tough decision when balancing health and finances.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
Just in time for the holiday season, Nintendo has released Nintendo Switch bundles and special editions.
For that authentic grilling experience, you can't beat a charcoal grill. We've rounded up the best grill options.
Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
Miami-Dade is considering four possible sites, including two that are 2 miles or less from the city of Miramar.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
The American Automobile Association said this is a dangerous time of year for young drivers.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
There are two sales tax holidays for hurricane supplies
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
Supreme Court Justice Ketanji Brown Jackson made her Broadway debut Saturday night in a one-time performance in the hit musical comedy "& Juliet."
Fan-captured video from Saturday's performance showed Wilson hyping Scott on stage to deliver his 2023 hit song "FE!N" in front of thousands of festivalgoers.
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.