Originally published on Tue February 17, 2015 7:08 pm
It's been seven years since the housing crash. The housing market and the economy are both recovering. But housing advocates say you still have to have a near perfect credit score to get a loan from a major bank.
At first look, it seems like the trouble in the housing market has quieted down. There are fewer foreclosures. Home prices have stabilized and risen. But, as any parent with young kids will tell you, when things get too quiet that can be a bad sign.
Mike Calhoun, the president of the Center for Responsible Lending, says that's basically what's going on here.
10/23/14 - Thursday's Topical Currents begins with a new look at what’s always been termed the “Golden Years.” Many seniors in this country are in a “survival mode,” living day-to-day on Social Security. Many also face an affordable housing crunch, which will worsen as more and more boomers retire. Our guest is Steve Protulis, Executive Director of Elderly Housing Development and Operations Corp (EHDOC) a nonprofit organization that provides affordable housing for low-income seniors. And more . . .
When the housing market collapsed in South Florida, many homeowners who lost their homes became renters. And the region's blazing-hot rental market is making this a profitable place for part-time landlords.
Almost 200 people now have a place to call home in an affordable housing development just opened in Little Havana.
In addition to a roof, kitchens and beds for low-income and formerly homeless people, Amistad’s 89 apartments offer supportive housing services:
“We do case management, we do employment and training services, we do life-skills training, we do parenting-skills trainings, we do activities with the kids,” says Stephanie Berman, president of Carrfour Supportive Housing.
Since the local housing market picked up after the recession, Miami’s skyline includes a growing number of cranes pulling condos out of the ground. But the success story is not the only story of housing here in South Florida.
Martha Brannigan covers real estate for the Miami Herald and she has been working on a series called "Boom, Bust and Back."
The U.S. Department of Housing and Urban Development (HUD) has released its list of organizations that will receive funding through the Continuum of Care Program this year. But this year programs are getting 5 percent less money than usual.
The Continuum of Care Program gives money to homeless assistance programs like housing and counseling services. It also funds emergency services to keep people off the street in the first place.
The budget squeezing that happened last year is now coming down the pipe into communities this year.
The North Miami Police Department, code enforcement teams and even parks and recreation are joining forces in what are being called “building inspection sweeps.” The city says going in together as a team helps streamline code enforcement.
Three months ago, the roof of an apartment building in North Miami collapsed, displacing over 250 people from their homes. Though that was not the impetus for creating this coalition, city representatives said they learned from the accident.
UPDATE 6/2/2014: The City of Pembrook Pines has won their bid for the empty prison. Mayor Frank Ortis says the City wanted to control what happened with the land which is not far from houses that fall within city limits.
A 66-acre plot of land off Sheridan Street has excellent security features, and it will soon be on the market. The Broward County Correctional Institution, a former women’s prison, is being sold off by the state.
Something about housing stats in particular seems a bit more voyeuristic than say, just the average age of a neighborhood's residents. Housing numbers create a figurative window into people’s private spheres that is a bit uncomfortable at times, but the stats help visualize in a different way the place we call home.
Here's a list of websites that map different aspects of Miami's housing market: