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Only 30 percent of Miami's millennial renters are on track to buy miamiherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miamiherald.com Daily Mail and Mail on Sunday newspapers.
| 5/24/2021 Florida Realtors file lawsuit seeking end to CDC eviction moratorium A major Florida real-estate group is challenging a federal moratorium on evicting renters during the COVID-19 pandemic. The group Florida Realtors filed a lawsuit Monday in federal court in Tampa that described the moratorium imposed by the federal Centers for Disease Control and Prevention as “an unprecedented and unlawful federal administrative order.” The lawsuit contends that the CDC overstepped its legal authority in imposing the moratorium, which is scheduled to expire June 30. [Source: News Service of Florida] Major funding source for affordable housing in Florida slashed in half A major funding source for affordable housing in Florida has been slashed by 50%. But an expert in the field says there could be a silver lining. The state Affordable Housing Trust Fund (known in Tallahassee as the Sadowski fund) covers things like down payment assistance for first-time homebuyers ....
'Now, It's About Elevation': Buying A South Florida Home In The Era Of Sea Level Rise usf.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usf.edu Daily Mail and Mail on Sunday newspapers.
In South Florida, top considerations for choosing a new home have shifted, thanks to climate change. “Before it was location, location, location. Now, it’s about elevation, elevation, elevation. The new buyer has to worry about both,” said George Jalil, broker and president at Miami Way Realty. Sea level rise doesn’t top the list of buyer or seller concerns in South Florida especially if you’re rich enough to afford the ever-skyrocketing costs of waterfront property but for budget-conscious buyers, choosing the wrong home could have expensive consequences. In the 30-year lifespan of a typical mortgage, some parts of South Florida could start to see floodwaters regularly soak their streets, yards or even their homes. Local governments are planning on more than a foot of sea level rise by 2050, and Miami alone could see high-tide flooding about 150 times a year by then, according to a NOAA analysis. A report from consulting firm McKinsey found concern about ....
Friday s Daily Pulse | 5/14/2021 Florida businesses split on new CDC guidance easing mask restrictions CDC officials announced Thursday they will relax their mask requirements. They said people who are fully vaccinated do not have to wear masks indoors or practice social distancing, except, for example, while on planes and buses. CDC officials will not get involved with the decisions business owners will have to make moving forward, but the new guidelines have caused confusion for some Florida business owners. More from WSVN, WOFL, and WJXT. With decoupling bill, horse racing, jai alai face uncertain future in special legislative session One hundred years after it was first legalized in Florida, could horse racing be going the way of greyhound racing: Out of business? Lawmakers return to Tallahassee May 17 for a special session to consider a new gambling deal with the Seminole Tribe, giving it exclusive rights to run online sports betting in Florida. Th ....