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Florida condo safety guidelines are disrupting the real estate market, leading to surge in sales
Read full article: Florida condo safety guidelines are disrupting the real estate market, leading to surge in salesNew safety guidelines for condominiums in Florida are causing significant disruptions in the real estate market.
Teachers, firefighters, officers till struggling to ‘live local’ in Northeast Florida
Read full article: Teachers, firefighters, officers till struggling to ‘live local’ in Northeast FloridaA 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 settles racial discrimination housing lawsuit, alters application process
Read full article: JWB settles racial discrimination housing lawsuit, alters application processJWB 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.
New competition in Florida’s insurance market brings hope for lower premiums
Read full article: New competition in Florida’s insurance market brings hope for lower premiumsChristmas is fast approaching, but there’s one unexpected gift homeowners might unwrap early this season: lower property insurance premiums.
Rising corporate ownership of Jacksonville apartments is contributing to higher costs. Here’s who owns where you live
Read full article: Rising corporate ownership of Jacksonville apartments is contributing to higher costs. Here’s who owns where you live72% of local apartment complexes are owned by corporate investment firms
Companions to co-buyers: Pros and cons of co-owning a home
Read full article: Companions to co-buyers: Pros and cons of co-owning a homeMore 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.
Jacksonville City Council approves $1 million for affordable housing builders, partners with JHFA on a new loan program
Read full article: Jacksonville City Council approves $1 million for affordable housing builders, partners with JHFA on a new loan programIn 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 went from making six figures to being homeless. A Jacksonville nonprofit helped him find a new home
Read full article: A Navy veteran went from making six figures to being homeless. A Jacksonville nonprofit helped him find a new homeA Navy veteran who went from making six figures to being homeless for nine years finally has a new home thanks to a Jacksonville nonprofit.
Addressing notable racial disparities in mortgage denial rates in Jacksonville
Read full article: Addressing notable racial disparities in mortgage denial rates in JacksonvilleThere 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.
City teams up with local nonprofit to create affordable housing program
Read full article: City teams up with local nonprofit to create affordable housing programA 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.
HUD, Zillow team up to help first-time home buyers find affordable housing
Read full article: HUD, Zillow team up to help first-time home buyers find affordable housingFor 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.
Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 years
Read full article: Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 yearsThe 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.
Are election jitters impacting the real estate market? What buyers should know
Read full article: Are election jitters impacting the real estate market? What buyers should knowWith 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 homeowners need to be careful about persistent roofing scams, CFO says
Read full article: Florida homeowners need to be careful about persistent roofing scams, CFO saysFlorida’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.
At least 2.4 million Florida families spend more than 30% of income on rent, utilities: report
Read full article: At least 2.4 million Florida families spend more than 30% of income on rent, utilities: reportA 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.
Former Jacksonville Housing Authority Deputy CFO arrested, accused of stealing prepaid cards meant for residents
Read full article: Former Jacksonville Housing Authority Deputy CFO arrested, accused of stealing prepaid cards meant for residentsThe 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.
Jacksonville city leaders endorse Harris’ affordable housing plan. Here’s where Trump and the VP stand on the issue
Read full article: Jacksonville city leaders endorse Harris’ affordable housing plan. Here’s where Trump and the VP stand on the issueHousing costs are a major focus for both Republicans and Democrats in the 2024 election as affordability is becoming a major issue for voters.
Councilman holds town hall to discuss developer turning YMCA campus in San Jose into affordable housing
Read full article: Councilman holds town hall to discuss developer turning YMCA campus in San Jose into affordable housingA 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.
Affordable housing initiative to create 1,000 new rental units in Jacksonville faces another setback
Read full article: Affordable housing initiative to create 1,000 new rental units in Jacksonville faces another setbackAn ambitious affordable housing initiative aimed at creating a potential 1,000 new rental units in Jacksonville has encountered yet another setback.
Developer proposes turning YMCA campus in San Jose into affordable housing amid neighborhood pushback
Read full article: Developer proposes turning YMCA campus in San Jose into affordable housing amid neighborhood pushbackA 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.
Jacksonville-based nonprofit launches affordable housing fund to boost its work in Northeast Florida
Read full article: Jacksonville-based nonprofit launches affordable housing fund to boost its work in Northeast FloridaAbility 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.
Nearly half of Jacksonville property managers are offering perks as rental market cools: Zillow
Read full article: Nearly half of Jacksonville property managers are offering perks as rental market cools: ZillowAn apartment construction boom in Duval County is giving renters more options and better deals.
HabiJax wants more free land from the city to address the ‘housing crisis.’ They say new rules are holding them back
Read full article: HabiJax wants more free land from the city to address the ‘housing crisis.’ They say new rules are holding them backHabitat 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.
After mortgage rates hit 15-month low, experts say don’t expect them to fall again any time soon
Read full article: After mortgage rates hit 15-month low, experts say don’t expect them to fall again any time soonMortgage 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%.
Good news for buyers: Housing market moving toward being balanced, NEFAR says
Read full article: Good news for buyers: Housing market moving toward being balanced, NEFAR saysEvery metric in the Northeast Florida Association of Realtors (NEFAR) market statistics report for July shows the housing market shifting towards a balanced market.
Who got free land from the city for affordable housing in 2019 — and what did they do with it?
Read full article: Who got free land from the city for affordable housing in 2019 — and what did they do with it?The News4JAX I-TEAM has been digging deeper into who got free land from the city in 2019 and what they did with it.
‘Taking from people that can’t afford it’: Jacksonville mobile home community comes together to dispute 30% rent hike
Read full article: ‘Taking from people that can’t afford it’: Jacksonville mobile home community comes together to dispute 30% rent hikeResidents at Portside at the Beaches, a manufactured home community, are fighting against a lot rent increase
Jacksonville business owner under investigation got free land from the city after it implemented new vetting process
Read full article: Jacksonville business owner under investigation got free land from the city after it implemented new vetting processThe failure of the City of Jacksonville’s Surplus Property Donation Program is raising a lot of questions.
95% of the people who got free land in Jacksonville to build affordable homes never did
Read full article: 95% of the people who got free land in Jacksonville to build affordable homes never didA 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.
$10M of Mayor Deegan’s proposed budget would address homelessness. One advocate says it’s not enough
Read full article: $10M of Mayor Deegan’s proposed budget would address homelessness. One advocate says it’s not enoughA 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.
Nonprofit to begin accepting applications for affordable housing community in Atlantic Beach
Read full article: Nonprofit to begin accepting applications for affordable housing community in Atlantic BeachThe 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.
Jacksonville Housing Authority awarded $2.3M to help families in the workforce
Read full article: Jacksonville Housing Authority awarded $2.3M to help families in the workforceA 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.
Thousands with adjustable-rate mortgages will see their monthly payments skyrocket this year. Will 2008 crash repeat?
Read full article: Thousands with adjustable-rate mortgages will see their monthly payments skyrocket this year. Will 2008 crash repeat?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.
City study will look at the unfulfilled promises, needs of Jacksonville’s historic Durkeeville neighborhood
Read full article: City study will look at the unfulfilled promises, needs of Jacksonville’s historic Durkeeville neighborhoodIn April, the Jacksonville City Council passed Ordinance 2021-0253, which approved $200,000 to invest in revitalization and development in Durkeeville.
Nonprofit breaks ground on affordable housing community with 44 townhomes in Atlantic Beach
Read full article: Nonprofit breaks ground on affordable housing community with 44 townhomes in Atlantic BeachThe nonprofit organization Beaches Habitat for Humanity broke ground on a new affordable housing community that will include 44 townhomes in Atlantic Beach.
‘Corporate invasion’: Firms flock to Florida, buy up apartments because of weak tenant-protection laws, study finds
Read full article: ‘Corporate invasion’: Firms flock to Florida, buy up apartments because of weak tenant-protection laws, study findsFlorida is one of the most attractive states for investors because of weak tenant-protection laws, a recent study found.
Eviction capital of Florida: UNF study finds Duval County had the most eviction filings in the state last year. Why?
Read full article: Eviction capital of Florida: UNF study finds Duval County had the most eviction filings in the state last year. Why?A high number of evictions is exacerbating Jacksonville’s affordable housing crisis.
Micro communities for the homeless sprout in US cities eager for small, quick and cheap solutions
Read full article: Micro communities for the homeless sprout in US cities eager for small, quick and cheap solutionsIn 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.
Florida Democrats sound the alarm as hurricane season collides with property insurance, affordable housing crises
Read full article: Florida Democrats sound the alarm as hurricane season collides with property insurance, affordable housing crisesFloridians are in the midst of hurricane season and a property insurance crisis.
Jacksonville businessman wants to help solve the affordable housing crisis one tiny home at a time
Read full article: Jacksonville businessman wants to help solve the affordable housing crisis one tiny home at a timeAnchored Tiny Homes is one of the first small home builders in the city and offers units as low as $75,000.
Unexpected victims of Florida’s property insurance crisis: Assisted living facilities and nursing homes
Read full article: Unexpected victims of Florida’s property insurance crisis: Assisted living facilities and nursing homesSome 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.
How much do you pay?: There’s conflicting data on how much the average Florida resident pays for property insurance
Read full article: How much do you pay?: There’s conflicting data on how much the average Florida resident pays for property insuranceFlorida’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 38% of Northeast Florida residents struggle to make ends meet despite growth in wages, study finds
Read full article: More than 38% of Northeast Florida residents struggle to make ends meet despite growth in wages, study findsMore than a third of Northeast Florida households continue to struggle to make ends meet.
Affordable housing advisor recommends plan to help St. Johns County address ‘the missing middle’
Read full article: Affordable housing advisor recommends plan to help St. Johns County address ‘the missing middle’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.”
U.S. existing home sales drop 1.9% in April, pushed lower by high rates and high prices
Read full article: U.S. existing home sales drop 1.9% in April, pushed lower by high rates and high pricesSales of previously occupied U.S. homes sank last month, pushed down by high mortgage rates and rising prices.
Jacksonville home prices overvalued by 30%, new research finds
Read full article: Jacksonville home prices overvalued by 30%, new research findsFlorida 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.
How St. Johns nonprofits are looking to bring solutions to a continuous problem -- affordable housing
Read full article: How St. Johns nonprofits are looking to bring solutions to a continuous problem -- affordable housingHelp 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.
New Jacksonville affordable housing complex to be built on Westside
Read full article: New Jacksonville affordable housing complex to be built on WestsideThe not-for-profit multifamily rental housing developer, Ability Housing, broke ground on a new affordable housing complex off Harlow Boulevard and 103rd Monday morning.
Gov. DeSantis has ‘no plans’ to call for a special session, but some want one address property insurance — again
Read full article: Gov. DeSantis has ‘no plans’ to call for a special session, but some want one address property insurance — againDeSantis 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.”
Gov. DeSantis has ‘no plans’ to call for a special session, but some want one to address property insurance — again
Read full article: Gov. DeSantis has ‘no plans’ to call for a special session, but some want one to address property insurance — againDeSantis 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.”
St. Johns County commissioners vote down proposed plan to build 288 affordable apartments over traffic concerns
Read full article: St. Johns County commissioners vote down proposed plan to build 288 affordable apartments over traffic concernsThe 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.
St. Johns County commissioners vote down plan to build 288 affordable apartments over traffic concerns
Read full article: St. Johns County commissioners vote down plan to build 288 affordable apartments over traffic concernsThe 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.
Proposed plan to build 288 affordable apartments on St. Johns County bull pasture gets pushback from some residents
Read full article: Proposed plan to build 288 affordable apartments on St. Johns County bull pasture gets pushback from some residentsA proposal to bring nearly 300 affordable apartments to Northwest St. Johns County goes to a vote before the Board of County Commissioners on Tuesday.
Gov. DeSantis signs law to fund, improve program allowing Florida homeowners to strengthen their homes against storms
Read full article: Gov. DeSantis signs law to fund, improve program allowing Florida homeowners to strengthen their homes against stormsFlorida Gov. Ron DeSantis on Wednesday signed legislation to fund and improve the My Safe Florida Home (MSFH) program.
Priced Out: 1 in 3 Floridians who get dropped by their homeowners insurance company are choosing to move: study finds
Read full article: Priced Out: 1 in 3 Floridians who get dropped by their homeowners insurance company are choosing to move: study findsOne in three Floridians who get dropped by their homeowner’s insurance company have moved or plan to move somewhere else.
3 Florida property insurance companies announce reduction in rates, desire to give homeowners some relief
Read full article: 3 Florida property insurance companies announce reduction in rates, desire to give homeowners some reliefThree Florida property insurance companies have either announced a reduction in their rates or the desire to pass some relief on to homeowners.
Mayor: $10M in 2024 budget will jumpstart affordable housing loan fund for developers
Read full article: Mayor: $10M in 2024 budget will jumpstart affordable housing loan fund for developersJacksonville city officials will be joined by philanthropic and private sector partners on Wednesday for an announcement on funding for affordable housing.
Nonprofit law firm looking for ‘fair housing testers’ to find out if there is housing discrimination in Jacksonville
Read full article: Nonprofit law firm looking for ‘fair housing testers’ to find out if there is housing discrimination in JacksonvilleAre you discriminated against? Are you discriminated against because of the amount of money you make because of your race because of your sexuality? These are things that Jacksonville Area Legal Aid is trying to change.
Jacksonville Human Rights Commission hosts fair housing expo, educates about affordable housing
Read full article: Jacksonville Human Rights Commission hosts fair housing expo, educates about affordable housingThe Jacksonville Human Rights Commission held a fair housing expo where people learned about affordable housing through workshops and panel discussions with experts.
Jacksonville legal group gets $425K from HUD to address fair housing, discrimination issues
Read full article: Jacksonville legal group gets $425K from HUD to address fair housing, discrimination issuesHousing is a major concern in Jacksonville, with a lack of affordable housing and issues around fair housing.
She was priced out of St. Augustine. Now, this mother is finally getting a home of her own with the help of a nonprofit
Read full article: She was priced out of St. Augustine. Now, this mother is finally getting a home of her own with the help of a nonprofitNew research shows that home prices have increased two times faster than inflation since 2013. It’s a big reason why many Americans can’t afford a home in 2024.
Talk to us: Are you struggling to find affordable housing?
Read full article: Talk to us: Are you struggling to find affordable housing?One million people in Florida spend more than 50% of their income on housing. That’s according to the Florida Policy Project, which calls housing affordability in the state a “crisis.”
Troubled Jacksonville apartment complexes to get $10M in upgrades after being sold, renamed
Read full article: Troubled Jacksonville apartment complexes to get $10M in upgrades after being sold, renamedA Fort Lauderdale-based real estate group has purchased two Jacksonville properties and renamed them.
Northeast Florida homes become less affordable as prices, sales increase in February: report
Read full article: Northeast Florida homes become less affordable as prices, sales increase in February: reportHome prices shot up in February and sales increased which made the possibility of buying a home even less affordable in Northeast Florida, according to a report released Monday by the Northeast Florida Association Realtors (NEFAR).
The phrase ‘affordable housing’ takes on new meaning as more and more people are trying to find it
Read full article: The phrase ‘affordable housing’ takes on new meaning as more and more people are trying to find itWhat is affordable when it comes to housing? The back log of people that need a place to live is growing and while Jacksonville is working on solutions -- is the progress meeting the need?
Eastside residents, nonprofit help bring aging Jacksonville affordable apartment complexes back to life
Read full article: Eastside residents, nonprofit help bring aging Jacksonville affordable apartment complexes back to lifeA major renovation project is happening at two troubled Eastside complexes and it could help about 100 families living in affordable housing in Jacksonville.
Jacksonville condo owners shocked after being told they need to pay $13,000 by summer to make repairs to complex
Read full article: Jacksonville condo owners shocked after being told they need to pay $13,000 by summer to make repairs to complexOwners at a Jacksonville condo complex are stressed because they were recently told they need to pay up to $13,000 for improvements by this summer.
Land use committee approves rezoning for northside affordable housing complex opposed by many residents
Read full article: Land use committee approves rezoning for northside affordable housing complex opposed by many residentsA proposed affordable housing complex on the Northside was met with hours of opposition from concerned residents after the Land Use and Zoning Committee voted to approve the rezoning on Tuesday.
State needs more shelters if it wants to pass law to keep people from camping in public, residents living on streets say
Read full article: State needs more shelters if it wants to pass law to keep people from camping in public, residents living on streets sayThe proposed legislation would force cities to take action, and with help from the state, supply more places for those in need.
Gov. DeSantis backs proposed bill that could limit people without homes from camping in public places
Read full article: Gov. DeSantis backs proposed bill that could limit people without homes from camping in public placesFlorida Gov. Ron DeSantis on Monday said he supports a proposed Florida bill that could potentially restrict people without homes from sleeping in public buildings and on public property without a permit.
Northside neighbors concerned about proposed affordable housing complex
Read full article: Northside neighbors concerned about proposed affordable housing complexJacksonville City Councilman Reggie Gaffney Jr. will meet Thursday with Northside residents who are concerned about a plan to bring an affordable housing apartment complex to their neighborhood.
‘I am being pushed out’: Jacksonville Housing Authority CEO to resign after report finds agency misused funds
Read full article: ‘I am being pushed out’: Jacksonville Housing Authority CEO to resign after report finds agency misused fundsJacksonville Housing Authority CEO Dwayne Alexander on Monday submitted his resignation letter more than a month after he came under fire following the release of a city investigation into the agency.
50% of US renters spend half their income on rent and utilities, study finds. But there’s some hope for Jacksonville
Read full article: 50% of US renters spend half their income on rent and utilities, study finds. But there’s some hope for JacksonvilleThe study found a scarcity of affordable housing to this date, but there is a glimmer of hope for Northeast Florida.
Florida Democrats call on Gov. DeSantis to do more to address ‘affordable housing crisis’
Read full article: Florida Democrats call on Gov. DeSantis to do more to address ‘affordable housing crisis’Florida lawmakers and Jacksonville-area residents are calling on Gov. Ron DeSantis to do more to address what economists call an “affordable housing crisis.”
Income-based housing wait list remains long in Jacksonville as supply lags
Read full article: Income-based housing wait list remains long in Jacksonville as supply lagsAs of last week, there were 162,991 applications on waiting lists for low income and affordable housing in Jacksonville, according to the Jacksonville Housing Authority. Families can spend years on those lists, waiting for relief.
TELL US: Are you on the waiting list for affordable, low-income housing in Duval County?
Read full article: TELL US: Are you on the waiting list for affordable, low-income housing in Duval County?It is no secret that affordable housing is one of the biggest problems Floridians are currently facing. In fact, it is now being called -- a “crisis.”
WATCH LIVE: Georgia Gov. Brian Kemp delivers 2024 State of the State address
Read full article: WATCH LIVE: Georgia Gov. Brian Kemp delivers 2024 State of the State addressGeorgia Gov. Brian Kemp will deliver his State of the State address on Thursday, January 11, and is expected to address teacher pay raises, affordable housing and scholarship opportunities.
Officials break ground on 92-unit affordable housing apartment complex in West Augustine
Read full article: Officials break ground on 92-unit affordable housing apartment complex in West AugustineDozens of affordable apartment units are soon coming to St. Augustine, an area in desperate need of more affordable housing.
Developer returns home to Jacksonville to help revitalize homes in struggling neighborhoods
Read full article: Developer returns home to Jacksonville to help revitalize homes in struggling neighborhoodsA relatively new nonprofit is developing some of Jacksonville’s most challenged neighborhoods and is making progress one property at a time.
City investigation found JHA gave tenants $2M to spend on utilities but only 13% was spent on that
Read full article: City investigation found JHA gave tenants $2M to spend on utilities but only 13% was spent on thatNew findings from an anticipated Jacksonville Inspector General Report show wasteful expenditure of government funds.
‘There’s a crisis’: Jacksonville Housing Authority applicants complain about a lack of communication, transparency
Read full article: ‘There’s a crisis’: Jacksonville Housing Authority applicants complain about a lack of communication, transparencyA single mother waiting for housing assistance calls the lack of affordable housing in Jacksonville a crisis.