South Florida condo market slumps as prices fall, listings surge
While it may be a tough time to sell, experts say it's not necessarily a bad time to buy, if you're informed.
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While it may be a tough time to sell, experts say it's not necessarily a bad time to buy, if you're informed.
CBS Miami first highlighted Adanay Galvez's story in October, when she was among 50,000 applicants for affordable housing in Miami-Dade County.
CBS News Miami reviewed the bill and spoke to condo owners dealing with the fallout from state reforms since the Surfside collapse.
Demolition started again at a Sweetwater mobile home park, where dozens of residents have been fighting a vacate order.
Granny flats are independent living spaces added to homes or properties. Current law says local governments can allow granny flats, but the new legislation would require them to do so.
Legislative leaders have argued that many condo buildings are in need of critical upgrades but that associations had inadequate reserves to cover repairs.
On Sunday afternoon, panic spread among residents as flames erupted in the 11100 block of NW 2nd Terrace, dangerously close to occupied homes.
If the bill passes, thousands of condo owners could be left scrambling for insurance in an already tight market.
A Florida company says its new technology is helping to build homes faster and at a lower cost amid the impacts of climate change.
Laws passed after the Surfside collapse require "milestone inspections" of older buildings and "structural integrity reserve" studies.
With no board in place to authorize payments, the community's insurance provider demanded more than $20,000 by Friday.
State Rep. Berny Jacques, R-Seminole, says corporate investors are pricing out Florida families.
The South Florida housing market is in the midst of a long-term upswing in price and demand.
Betty Nguyen spoke to market analyst who said the South Florida housing market is in the midst of a long-term upswing in price and demand.
Residents were told the property would be redeveloped into affordable and workforce housing.
Determined to take control of their living conditions, residents have united to challenge their HOA.
Homeowners were warned they might need to temporarily evacuate unless contractors addressed structural issues.
Senate Regulated Industries Chairwoman Jennifer Bradley has signaled she's willing to make changes to the safety laws.
Realtor Kristina Krykhtin says this is shaping up to be a good year to buy because there is an increase in inventory on the market. She adds that sellers putting their property on the market and they are sitting longer.
Rising repair costs spurred by new Florida condominium laws are driving some South Florida homeowners to sell.
New regulations for Florida condominium owners have gone into effect, requiring condo associations to maintain reserve funds specifically for structural repairs and maintenance.
For families at Li'l Abner Mobile Home Park, the new year began not with celebrations, but with the daunting task of packing their belongings.
According to RentCafe's 2024 Year-End Report, the rental site ranked Miami as the top rental market in the country for this year.
Residents of the Li'l Abner Mobile Home Park in Sweetwater say they have little reason to celebrate this holiday season.
Residents of the Li'l Abner Mobile Home Park in Sweetwater say they have little reason to celebrate this holiday season as they face displacement from the place many have called home for years.
The city recommended in an email that affected residents boil tap water before using it, a spokesperson told CBS News Miami. The order is expected to remain in place until Monday.
Castro's indictment announcement coincides with a U.S. Department of Justice event at Miami's Freedom Tower honoring the victims.
Higher fuel and food costs are causing consumers to scale back on spending at restaurants, a trend that is also pinching local businesses and commercial fishermen.
The law builds on changes made in the public-school system after the 2018 mass shooting at Parkland's Marjory Stoneman Douglas High School.
The action reportedly stems from the shootdown of two airplanes belonging to the group Brothers to the Rescue 30 years ago over international waters.
The city recommended in an email that affected residents boil tap water before using it, a spokesperson told CBS News Miami. The order is expected to remain in place until Monday.
Castro's indictment announcement coincides with a U.S. Department of Justice event at Miami's Freedom Tower honoring the victims.
Higher fuel and food costs are causing consumers to scale back on spending at restaurants, a trend that is also pinching local businesses and commercial fishermen.
The law builds on changes made in the public-school system after the 2018 mass shooting at Parkland's Marjory Stoneman Douglas High School.
The action reportedly stems from the shootdown of two airplanes belonging to the group Brothers to the Rescue 30 years ago over international waters.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
In an interview with "Face the Nation," Gates said another mass exodus from Cuba is the "biggest risk."
In a move aimed at curbing the growing problem of "teen takeovers," D.C. U.S. Attorney Jeanine Pirro is threatening to bring charges against parents if their teens violate the local curfew.
The safety specialist's warning appeared in a memo describing how a mini-drone had detonated and injured an Army Special Forces soldier.
Sens. Tammy Duckworth of Illinois and Tammy Baldwin of Wisconsin say their concern is there may be more emergency exit doors than flight attendants in the event of an evacuation.
CBS News Miami has confirmed from multiple sources that the Miami Dade State Attorney's office is investigating A3.
State Senator Rosalind Osgood is urging Wasserman Schultz not to run in Florida's 22nd Congressional district.
Several commissioners have raised questions about how the center would be funded in future years.
In an interview on Facing South Florida, Wasserman Schultz said the Governor's efforts to redraw the maps will almost certainly violate the Fair Districts constitutional amendment voters in Florida passed in 2010.
The center – which was promised to voters back in 2004 – would take mentally ill individuals out of the jail and move them into a place where they can receive comprehensive treatment and support.
A New York native is among 16 American passengers who are quarantining in Nebraska after being on the cruise ship that is at the center of the deadly hantavirus outbreak.
The head of the World Health Organization says "our work is not over" to contain hantavirus after evacuations from a cruise ship hit by a deadly outbreak of the illness.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
More than 100 people from a cruise ship dealing with an outbreak of the rare and deadly hantavirus are set to be disembarked.
In 2002, Zermeño found out he contracted hantavirus after cleaning the family house following the death of his mother and sister. He had been exposed to rodent droppings and became infected.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
"The Devil Wears Prada 2" edges out "Mortal Kombat II" at the North American box office this weekend.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
The performance followed similar shows by Madonna in 2024 and Lady Gaga last year on one of the world's most iconic waterfronts.
Attending this year's Kentucky Derby meant more for thoroughbred expert Mark Toothaker, who suffered a seizure from laughing at a whiffed NFL field goal attempt that led to a lifesaving diagnosis.