Florida Sees Signals of a Climate-Driven Housing Crisis

If rising seas cause America’s coastal housing market to dive — or, as many economists warn, when — the beginning might look a little like what’s happening in the tiny town of Bal Harbour, a glittering community on the northernmost tip of Miami Beach.

With single-family homes selling for an average of $3.6 million, Bal Harbour epitomizes high-end Florida waterfront property. But around 2013, something started to change: The annual number of homes sales began to drop — tumbling by half by 2018 — a sign that fewer people wanted to buy.

Prices eventually followed, falling 7.6 percent from 2016 to 2020, according to data from Zillow, the real estate data company.

All across Florida’s low-lying areas, it’s a similar story, according to research published Monday. The authors argue that not only is climate change eroding one of the most vibrant real estate markets in the country, it has quietly

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Summit County sees few foreclosures during pandemic economy

A for sale sign sits in front of a home in Frisco on Saturday, Oct. 10. Despite the economic recession, homeowners in Summit County have been able to avoid foreclosure because of a high demand for properties.
Photo by Libby Stanford / [email protected]

FRISCO — It’s no secret by now that Summit County’s real estate market has been largely unaffected, if not aided, by the novel coronavirus pandemic. 

Despite a total shutdown in March, residential properties in Summit County are selling faster than ever. A good seller’s market also means fewer foreclosures, which are indicated by public trustees — documents that indicate a property’s ownership has been transferred to the county.

There have been eight public trustee’s issued in Summit County this year, according to the August Land Title Guarantee Report

In 2019, 14 public trustees were issued. There were 18 issued in 2018. The last time the county

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Florida’s Venezuelan Diaspora Sees Trump as Best, Flawed Hope

(Bloomberg) — They left a divided and broken nation for one that’s divided and breaking.

Venezuelans came to South Florida to put the troubled nation behind them. Preparing to cast the first votes of their new lives as American citizens, they’re faced with a wrenching decision: whether to support Donald Trump, the U.S. president who has been the most vocal against their former tormentors, despite having strongman qualities of his own. Many of them are.

Maria Paulina Camejo, a 29-year-old film student, emigrated to Miami in 2012 after the government of Hugo Chavez, the bombastic leader who began Venezuela’s so-called socialist revolution, expropriated her father’s bank and jailed him. She plans to vote for Trump because of his pro-business policies and attention to Venezuela’s crisis. She also worries about his behavior, which in recent days has included repeated refusals to commit to a peaceful transition of power.

“It’s not

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