housing demand

The ‘Office Apocalypse’ Is Upon Us

Before the pandemic, 95% of offices were occupied. Today that number is closer to 47%. Employees not returning to downtown offices has had a domino effect: Less foot traffic, less public-transit use, and more shuttered businesses have caused many downtowns to feel more like ghost towns. CLICK ON THE HEADLINE FOR MORE

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

Rising Construction Costs Threaten The Homebuilding Boom

The pandemic propelled a mass migration of city dwellers to the suburbs, hungry to buy homes. And that surge in demand has driven new home prices up by 12 percent since March 2020. Great, right? Except construction costs have jumped as much as 30 percent in the same period. CLICK ON THE HEADLINE FOR MORE