INSIDER
In one Florida city where new residents once flocked, “For Sale” signs now line every other block, according to a recent report from The Wall Street Journal. Foreclosures are on the rise, and open houses see no visitors.
As summer sets in, the Northeast Florida housing market is continuing to change, and buyers have more choice and slightly more negotiating power, according to the Northeast Florida Association of Realtors (NEFAR).
A growing number of Baby Boomers are transferring property directly to family members, bypassing the traditional real estate market, and it’s reshaping housing trends across the country.
A major funding proposal aimed at revitalizing Jacksonville’s riverfront may also deliver a boost to affordable housing, if city leaders can agree on the details.
The Jacksonville City Council is moving forward with Ordinance 2025-385, which proposes appropriating $45 million from excess insurance funds to support affordable housing and downtown development initiatives.
As part of News4JAX’s ongoing weekly series “Addressing Affordability,” we’re digging deeper into the issue dominating local conversations — the rising cost of having a place to live.
U.S. Senator Jon Ossoff has launched an investigation into large, out-of-state companies purchasing single-family homes in Georgia, a practice he says is raising prices and squeezing out local families.
Median prices for single-family homes fell in the majority of Northeast Florida counties in May, according to a new report from the Northeast Florida Association of Realtors (NEFAR).
The City of Jacksonville, the Jacksonville Housing Authority and First Coast Construction, will break ground on five new affordable homes in the Durkeeville neighborhood on Friday.
As part of our ongoing Addressing A4dability series, News4JAX gathered voices from three different generations — Baby Boomers, Millennials, and Gen Z — to discuss the challenges they face when it comes to affording a place to live.
The Sulzbacher Center announced it has closed its financing on the $37 million Phase 1 of the Sulzbacher Enterprise Village on Walgreen Road, just off Interstate 95 and Golfair Boulevard.
When asked about the new poll on Tuesday, Jacksonville Mayor Donna Deegan said she can’t remember the last time a poll was done where crime wasn’t number one in terms of people’s concerns.
A new public health report by Human Impact Partners and Manufactured Housing Action paints a disturbing picture, accusing one of the nation’s largest mobile home park owners of transforming affordable communities into hazardous ones.
According to housing experts, “affordable” is defined as spending no more than 30% of your income on housing. In Jacksonville, where the median household income is $81,107 according to city data, that means monthly housing costs should not exceed $2,027 to be considered affordable.
A month after Jacksonville City Councilman Jimmy Peluso filed a resolution encouraging Mayor Donna Deegan to establish a landlord registry program for the city, he and another councilman are set to hold a meeting to discuss the program.
A recent survey by Clever Real Estate reveals that while 90% of Americans across generations—baby boomers, Gen X, and millennials—still view homeownership as a key component of the American dream, many believe it’s increasingly out of reach.
According to NEFAR, a growing inventory is giving buyers more choices across the region.
Three months following a public open-meeting contract negotiation, Cheron Corbett Waller is now officially the Jacksonville Housing Authority’s new CEO.
Attorneys have filed a class action lawsuit against a Jacksonville-based property management company, alleging it charged tenants excessive and unlawful fees in violation of Florida’s consumer protection laws.
A member of the Jacksonville City Council has filed a resolution encouraging Mayor Donna Deegan to establish a landlord registry program for the city.
Among the community, other faith leaders and Jacksonville Sheriff T.K. Waters, Mayor Donna Deegan sat as a guest in the front row of the Abyssinia Mssionary Baptist Church on Jacksonville’s northside.
Mayor Donna Deegan will be at the annual Nehemiah Action Assembly at Abyssinia Missionary Baptist Church to hear ICARE's thoughts on the city’s affordable housing crisis.
Gov. Ron DeSantis in recent weeks has called for cutting property taxes, while also criticizing spending by local governments.
Jacksonville ranks third in financial distress according to a new WalletHub survey, highlighting concerns over credit scores, debt, and housing costs. The city’s rapid growth and rising rent prices contribute to the challenges facing residents.
A new poll from the University of North Florida’s Public Opinion Research Lab (PORL) asked more than 800 active registered voters across Florida what their biggest concerns were, and most said the cost of housing and insurance.
Dozens of townhomes could soon come to the fast-growing World Golf Village area of St. Johns County. The county still needs to approve the project, which will be up for discussion at a meeting at 6 p.m. Monday at Pacetti Bay Middle School.
Whether you came knocking at our door or we came knocking at someone else’s, the News4JAX I-Team was on top of uncovering answers in Northeast Florida in 2024.
In this episode of “This Week in Jacksonville: Business Edition,” host Kent Justice engages with Katessa Archer and John Rodriguez from Dominium to explore the company’s impactful initiatives in affordable housing and education.
New safety guidelines for condominiums in Florida are causing significant disruptions in the real estate market.
A new report from the Florida Policy Institute reveals Live Local Act might not be cutting it for some professions, like educators, firefighters and law enforcement officers.
JWB Property Management announced Thursday it reached a settlement in a lawsuit that claimed the company’s screening algorithms discriminated against rental applicants who are Black.
Christmas is fast approaching, but there’s one unexpected gift homeowners might unwrap early this season: lower property insurance premiums.
72% of local apartment complexes are owned by corporate investment firms
More than 12 million Americans spend at least half of their paycheck on rent. And new data shows housing prices in 99 percent of U.S. counties are unaffordable for the average wage earner. That’s why first-time home buyers are turning to friends to make their first big purchase.
In a step toward tackling affordable housing and homelessness in Duval County, the Jacksonville City Council approved an ordinance allocating $1 million from the city’s contingency fund to support affordable housing projects.
A Navy veteran who went from making six figures to being homeless for nine years finally has a new home thanks to a Jacksonville nonprofit.
There is a housing crisis in America, and it includes a significant racial disparity in mortgage access, according to studies done by a group called Reinvestment Fund.
A local nonprofit known for developing “high-quality” affordable housing announced Tuesday that it has partnered with Jacksonville to house 25 “unsheltered chronically homeless citizens” as part of a pilot program that current and former members of the city’s government created.
For most Americans, it is the biggest purchase they’ll ever make in their lives. However, owning a home might feel like a goal that is out of financial reach for some.
The average rate on a 30-year mortgage in the U.S. slipped this week to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs.
With the 2024 election season in full swing, News4JAX is looking at the role that financial uncertainty is playing in the sluggish real estate market in North Florida.
Florida’s Chief Financial Officer Jimmy Patronis is issuing a warning to homeowners about ongoing roofing scams that are costing property owners thousands of dollars each year.
A report from the Florida Housing Coalition found that at least 2.4 million Florida families are “cost-burdened,” meaning that more than 30% of their income is spent on just rent and utilities.
The former Deputy Chief Financial Officer of the Jacksonville Housing Authority (JHA) was arrested Wednesday and accused of using prepaid cards that were meant for residents.
Housing costs are a major focus for both Republicans and Democrats in the 2024 election as affordability is becoming a major issue for voters.
A proposed plan to tear down a YMCA campus in a Jacksonville neighborhood to make way for an affordable housing complex is getting some pushback from area residents.
An ambitious affordable housing initiative aimed at creating a potential 1,000 new rental units in Jacksonville has encountered yet another setback.
A proposed plan to tear down a YMCA campus in a Jacksonville neighborhood to make way for an affordable housing complex is getting some pushback from area residents.
Ability Housing, a Jacksonville-based nonprofit developer of affordable housing, announced Wednesday the launch of a fund that will help boost its work in Northeast and Central Florida.
An apartment construction boom in Duval County is giving renters more options and better deals.
Habitat for Humanity of Jacksonville (HabiJax) is appealing to the mayor and city council members to secure more donated land through the city’s Property Surplus Donation Program.
Mortgage rates hit a 15-month low this week, according to Freddie Mac, with the average rate for a 30-year fixed-rate mortgage dropping to 6.47%.
Every metric in the Northeast Florida Association of Realtors (NEFAR) market statistics report for July shows the housing market shifting towards a balanced market.
The News4JAX I-TEAM has been digging deeper into who got free land from the city in 2019 and what they did with it.
Residents at Portside at the Beaches, a manufactured home community, are fighting against a lot rent increase
The failure of the City of Jacksonville’s Surplus Property Donation Program is raising a lot of questions.
A report from the Office of the Inspector General (OIG) revealed that the city of Jacksonville has been giving away free land to people in an effort to build more affordable housing. However, since 2019, they failed to hold the land recipients accountable.
A small portion of Jacksonville Mayor Donna Deegan’s $1.9 billion budget proposal presentation that she made in front of city council Monday morning includes $10 million to address homelessness in the city.
The nonprofit organization Beaches Habitat for Humanity will begin accepting applications from people interested in owning a home in the upcoming affordable housing community in Atlantic Beach.
A senior official with the U.S. Department of Housing and Urban Development is visiting Jacksonville on Wednesday to join Mayor Donna Deegan and the Jacksonville Housing Authority for a funding announcement.
Adjustable-rate mortgages were a risk that hundreds of thousands of people took in 2019 just before the Coronavirus pandemic when the U.S. saw the lowest 30-year mortgage rates in history.
In April, the Jacksonville City Council passed Ordinance 2021-0253, which approved $200,000 to invest in revitalization and development in Durkeeville.
The nonprofit organization Beaches Habitat for Humanity broke ground on a new affordable housing community that will include 44 townhomes in Atlantic Beach.
Florida is one of the most attractive states for investors because of weak tenant-protection laws, a recent study found.
A high number of evictions is exacerbating Jacksonville’s affordable housing crisis.
In downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home.
Floridians are in the midst of hurricane season and a property insurance crisis.
Anchored Tiny Homes is one of the first small home builders in the city and offers units as low as $75,000.
Some assisted living facilities and nursing homes have been forced to close due to escalating operating costs tied to Florida’s skyrocketing property insurance rates, according to data from Bloomberg.
Florida’s Office of Insurance has stated the average homeowner’s property insurance premium in the market is approximately $3,600, but other insurance data experts report higher premiums.
More than a third of Northeast Florida households continue to struggle to make ends meet.
There’s a new approach to help address the ongoing affordable housing crisis in St. Johns County and it focuses on filling the gap known as “The Missing Middle.”
Sales of previously occupied U.S. homes sank last month, pushed down by high mortgage rates and rising prices.
Florida has nine of the most overpriced housing markets in the country and Jacksonville is in the Top 25, according to researchers at two state universities.
Help wanted signs or closed signs are not hard to find in St. Augustine, Fla. The reason why can be traced back to something that is hard to find – affordable housing.
The not-for-profit multifamily rental housing developer, Ability Housing, broke ground on a new affordable housing complex off Harlow Boulevard and 103rd Monday morning.
DeSantis previously said he wanted a special session to address immigration issues, but another issue that is on the minds of many Floridians is what some are calling a “property insurance crisis.”
DeSantis previously said he wanted a special session to address immigration issues, but another issue that is on the minds of many Floridians is what some are calling a “property insurance crisis.”
The St. Johns County Board of County Commissioners on Tuesday unanimously voted against a proposal to bring nearly 300 affordable apartments to Northwest St. Johns County.
The St. Johns County Board of County Commissioners on Tuesday unanimously voted against a proposal to bring nearly 300 affordable apartments to Northwest St. Johns County.
A proposal to bring nearly 300 affordable apartments to Northwest St. Johns County goes to a vote before the Board of County Commissioners on Tuesday.
Florida Gov. Ron DeSantis on Wednesday signed legislation to fund and improve the My Safe Florida Home (MSFH) program.
One in three Floridians who get dropped by their homeowner’s insurance company have moved or plan to move somewhere else.
