housing demand

In Florida, Gentrification And Increased Property Values Follow Hurricanes, Says New Study

Wealthier people tend to sweep into impacted communities, purchasing homes even at the increased purchase price following a hurricane according to a new study. The data showed home prices in hurricane-ravaged areas are 5% higher on average than unaffected ones, which attracts people who could afford them. CLICK ON THE HEADLINE FOR MORE

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Miami-Dade Mayor Proposes Looser Zoning To Allow Houses Closer Together, Prevent Sprawl

Under current zoning rules, Miami-Dade planners say builders will run out of land available for new single-family homes by 2025. Mayor Levine Cava’s plan would relax county rules to make it easier to split lots, build houses closer together, and waive regulations requiring retail space on the ground floors of new residential complexes. CLICK ON THE HEADLINE FOR MORE

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