article thumbnail

South Miami Poised to Mandate Solar Panels

Green Building Law Update

The City of South Miami, Florida City Commission is scheduled to take a final vote on July 18 on an ordinance that will require rooftop photovoltaic panels on new construction and major renovations. There was opposition to this mandate expressed at the City Commission session, including real concern this will pressure affordable housing.

Miami 176
article thumbnail

2021 multifamily housing outlook: Dallas, Miami, D.C., will lead apartment completions

BD+C

In its latest outlook report for the multifamily rental market , Yardi Matrix outlined several reasons for hope for a solid recovery for the multifamily housing sector in 2021, especially during the second half of the year. .

Dallas 119
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Miami Tops the List of the Nation’s Most Competitive Rental Markets

Pro Builder

Miami Tops the List of the Nation’s Most Competitive Rental Markets. Remote workers from around the country are flocking to sunny metros like Miami, where rental demand is at an all-time high. The total number of apartments in Miami-Dade County grew by 1.8% Housing Markets. Housing Markets. Fri, 07/01/2022 - 10:56.

Miami 52
article thumbnail

Property Type Driving Miami Real Estate Trends During Pandemic

Pro Builder

Property Type Driving Miami Real Estate Trends During Pandemic. The impact of the coronavirus pandemic on the Miami housing market falls along property lines: Single-family homes are still selling like hot cakes, but condos? Many of the trends we’re seeing during COVID-19 in Miami real estate all come down to property type.

Miami 52
article thumbnail

A Quarter of American Homeowners Are Considered ‘House Poor'

Pro Builder

are considered “house poor,” meaning they spend more than 30% of their income on housing costs. are considered “house poor,” meaning they spend more than 30% of their income on housing costs. From 2015 to 2019, the percentage of U.S. homeowners who were considered financially strapped dropped each year, from 29.4

Housing 52
article thumbnail

Is the Housing Market Recovering After an Early 2023 Correction?

Pro Builder

Is the Housing Market Recovering After an Early 2023 Correction? home prices rose in April following a months-long slowdown caused by soaring interest rates The S&P CoreLogic Case-Shiller 20-city house price index rose 0.9% ldeakins Tue, 06/27/2023 - 12:37 U.S. economist at Santander U.S. Capital Markets, wrote in a note.

Housing 52
article thumbnail

Local Housing Markets Report Low Inventory in October

Pro Builder

Local Housing Markets Report Low Inventory in October. Housing inventory is reaching record lows—here’s what to expect in the months ahead. Housing inventory could increase on a year-over-year basis during the winter months, but will still remain at historically low levels, says Bill McBride in the CalculatedRisk Newsletter. .