Housing

“St. Petersburg is once again leading the way with thoughtful, community-focused solutions to our housing challenges,” said Sen. Darryl Rouson.

The Florida Legislature is poised to pass several proposed constitutional amendments that would change local property taxes if approved by voters. Cutting or getting rid of most property taxes may not make buying a home more affordable though.

The data shows Miami at the bottom of the list when examining the share of available homes that are affordable to a typical household earning the median income. By contrast, Pittsburgh was cited as the metro area where affordable homes are the easiest to find.

“I’m so excited because I know that progress takes time," Mayor Ken Welch said.

Average monthly fees for high-rise condo buildings in South Florida are the highest in the country outside of New York City, according to data from North America's largest property management firm. Higher insurance and labor costs are significant drivers, as is setting aside more money in reserves.

The poll results come amid increasing calls from state legislators to completely undo the HOA system.

Once complete, Vincentian Village will offer 73 apartments for households earning up to 60% of the area median income. The developers, Ability SVdP, will dedicate 37 units to residents who are, or are at risk of, becoming homeless.

Despite a slowdown in sales and more homes on the market, USB still ranks South Florida as the riskiest housing market in the world.

"Florida Matters Live & Local" host Matthew Peddie dives into the Tampa area's cooling housing market, Tallahassee’s topics, an underwater experiment and a diploma worth waiting for.

Median condo prices in Broward and Palm Beach counties fell to their lowest level in several years in August. Single family home median prices were stable as fewer homes were on the market.

An Inside Climate News analysis shows the state’s insurance crisis is hitting hardest in the disadvantaged counties of Florida’s agricultural heartland. Residents here, in large part, are bearing the burden themselves.

According to recent reports from the property data curator ATTOM, Florida, ranked third in state foreclosure filing rates, behind Nevada and South Carolina.