housing market

Miami Herald

  This week on The Florida Roundup...

We bring you the latest information on the developing weather in the Caribbean with Meteorologist Jeff Huffman.

Next, a week after Miami Beach is declared a Zika zone, the virus has infected local politics as new cases are found along the Gulf Coast of Florida. Who exactly is in-charge of getting timely information out to the public? Is it the Governor? Is it the Department of Health? WLRN's Sammy Mack and Jenny Staletovich with the Miami Herald join for this segment. 

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PETER ANDREW BOSCH / Miami Herald

Condominium and luxury real estate sales may slow down in Miami  this year. That's due in large part to the fact that economies in Brazil, Argentina and Venezuela are collapsing. And billions in real estate purchases in Miami comes from South America. But not all real estate will be in bad shape in the coming year. Nick Nehamas of the Miami Herald wrote about real estate and other economic predictions for 2016.  This is actually looking pretty bad for Latin America.

  The South Florida housing market is on the mend, according to the latest foreclosure numbers from RealtyTrac. The numbers paint a bright road for future homeowners, but don't mean much for those under foreclosure now.

Miami saw the second highest foreclosure rate among the 20 largest metro areas in August, averaging one foreclosure filing for every 568 housing units.

Check Out The Median Rent In Your Miami Neighborhood

Jul 15, 2015
sean dreilinger / flickr

Rental start-up Zumper has released a map (scroll below) of the median rents across Miami neighborhoods, and concludes the Miami rental market has become the sixth most expensive in the country.

According to Zumper, the median price of a one-bedroom rental in the city — including apartments, condos, and rentals — $1,880.

Creative Commons

A new map created by the the University of Miami's Office of Civic and Community Engagement hopes not only to show where affordable housing is located but also some of the different demographic information that may be driving its placement.

HOPE Inc

A South Florida watchdog group is filing a complaint against the federal housing agency known as Fannie Mae. HOPE Inc. says Fannie Mae neglected foreclosed properties in predominantly black and Hispanic communities but kept up homes in white neighborhoods.

Wednesday, HOPE  and 18 other fair housing groups from across the country held a national press conference to call attention to Fannie Mae’s alleged racial discrimination in how it maintained foreclosed properties nationwide. Fannie Mae has denied the accusation.

Creative Commons

After plans were announced to raze the Liberty Square housing projects in Miami's Liberty City, residents and housing advocates were concerned about where the projects' inhabitants would move to as low-income housing in the city dwindles.

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.

Refinancing For Underwater Homes Ends Next Year

Dec 7, 2014
Jessica Meszaros / WLRN

The Home Affordable Refinance Program, HARP, is rolling into its last year.

The program run by the Federal Housing Finance Agency is a critical help for some South Florida homeowners.