A University of Florida report indicates that while Florida home prices and rents have stabilized, there remains a significant shortage of affordable housing, particularly for the workforce and seniors. The median single-family home price was $411,600, with rents averaging $1,555. Despite increased construction, many Floridians face cost burdens, spending a large portion of their income on housing. In...
Rents
University of Florida researchers found half of all households in Miami-Dade County are “cost-burdened,” with individuals pay more than 30% of their income on housing. Continue to full article...