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The majority of Florida home purchases were cash transactions in June. That’s according to a new report from California-based real estate analysis company CoreLogic.

Mark Fleming, chief economist at CoreLogic, says the recession and housing bust have resulted in a spike of cash buyers.

“Either because they don’t want to have the mortgage debt burden or, in many cases can’t qualify for mortgage loans,” Fleming says.

According to a report published by AXIOMetrics, rent increases in Broward, Palm Beach, and Miami-Dade counties rank among the highest 25 in the nation.

For example, in Miami-Dade County the average rent rose 6.29 percent, to $1,485 a month.

Jay Denton is the vice president for research at AXIOMetrics. He says the high prices in Florida could be due to a demand which exceeds the supply.

In the report, AXIOMetrics reports occupancy rates of over 95 percent for all three South Florida counties.

Julia Duba

The farm is hidden behind tall trees and a short wall. But when you walk closer, you can start to see the main house painted blue and coral-pink.

There are six small cottages on one side of the house, and sitting right over Miami’s Little River, is a two-story boathouse from the early 1900s.

“(When) you’re in here, you’re not in Miami. (But) you can walk two feet out the door and you’re in Miami. What could be better?” said Tamara Hendershot, owner of the Magic City Farm.

Some of Miami Beach's quietest and most historic neighborhoods can be found in a chain of small islands connected by a causeway. On Di Lido Island, a community of homes built 50 and 60 years ago is being torn down and replaced, lot by lot. On one street alone, five houses currently are slated for demolition.

Daniel Ciraldo stands across the street from two '60s-era houses that will soon be demolished and replaced by a new home nearly double their combined size.

04/18/13 - Thursday’s Topical Currents begins with Habitat For Humanity of Greater Miami and its “Women Build” program.  Local women wield saws, hammers and paint brushes to create homes for low-income single mothers to live with their kids.

08/02/12 - Thursday’s Topical Currents begins with home safety engineer Dan Hannan, his book is Preventing Home Accidents: A Quick and Easy Guide.  We think of our abode as a safe haven, where we feel most secure, but we’re ten times more likely to sustain a serious or fatal injury at home than at work. We’ll offer a home safety check-list, as well. And more . .