A Realtor.com analysis found the median age of a first-time homebuyer has climbed to 40, up from 30 in 1990, as rising home prices, larger down payments and higher costs of living make homeownership more difficult for younger Americans.
Mayor Donna Deegan is asking the Jacksonville City Council to approve $11 million for affordable housing and homelessness initiatives in the city’s proposed budget, marking a significant increase after affordable housing funding was largely scaled back during the past two budget cycles.
Nearly a year and a half after announcing the development, real estate developer Thompson Thrift opened Velara, a multifamily apartment community in Nocatee.
Florida posted the nation’s highest foreclosure rate in the first half of 2026, with 27,494 properties recording foreclosure filings, ATTOM, a real estate analytics organization, said.
As housing affordability continues to challenge buyers, some are turning to artificial intelligence to cut costs during the homebuying process.
A bill to help make housing more affordable has become law. CNN Consumer Watch reporter Jenn Sullivan explains how it will help ease the housing crisis.
June’s housing market across Northeast Florida showed steady sales and more choices for buyers, with closed sales rising and inventory holding near a three- to four-month supply, according to data released Friday by the Northeast Florida Association of Realtors.
With the average 30-year fixed mortgage rate hovering around 6.5%, many prospective homebuyers have put their plans on hold as higher borrowing costs drive up monthly payments.
Housing Trust Group has secured financing and broken ground on Normandy Cove, a 144-unit affordable housing community on the Westside that will reserve half its apartments for active-duty military members and veterans.
Finding affordable housing in St. Johns County has become increasingly difficult for many working families, but a new apartment community in West Augustine is providing dozens of income-restricted units aimed at helping residents remain in the community.
Construction began on the Lodge Amenity Center at Hyland Trail, a recreation-focused community near the newly opened stretch of the First Coast Expressway in Clay County.
Northeast Florida’s housing market showed continued price growth in May as sales activity moderated and inventory shifted, according to the Northeast Florida Association of Realtors.
First Coast Habitat for Humanity announced a nearly $4 million funding partnership that leaders say will help approximately 100 families achieve homeownership across Northeast Florida at a time when housing affordability remains a growing challenge.
After putting pressure on a Florida HOA to change a new rule, Attorney General James Uthmeier announced on Wednesday night that the group had finally relente
As Jacksonville struggles with an estimated shortage of 50,000 affordable housing units, city leaders are turning to artificial intelligence to help accelerate one of the most time-consuming parts of the development process: permitting.
As Northeast Florida’s population ages, local nonprofits warn that more seniors are struggling to afford housing as rent prices continue to rise faster than retirement incomes.
As housing costs continue to rise across Northeast Florida, one Clay County nonprofit says more families are finding themselves on the brink of homelessness often after a single financial setback.
Northeast Florida’s housing market continued to normalize in April, with the median price for single-family homes dipping 1.3 percent to $390,000 while inventory rose, the Northeast Florida Association of Realtors said Monday.
Gateway Jax CEO Bryan Moll said there is momentum building in downtown Jacksonville, where cranes, construction sites and billion-dollar investments are reshaping the city’s skyline.
In one of Northeast Florida’s most visited destinations, some residents say the rise of short-term rentals is reshaping neighborhoods and pricing out the people who live and work there.
A nonprofit developer plans to build 120 affordable apartments on Jacksonville’s Northside at the site of the former Lake Forest Elementary School, which closed in 2019.
A major shift in the U.S. housing market is reshaping who owns property and who can afford to buy in.
Home sales in Northeast Florida picked up momentum in March as median prices rose modestly and more sellers listed properties, boosting available inventory across the six-county region, the Northeast Florida Association of Realtors reported Thursday.
Florida is the worst state in the nation for renters, according to a ConsumerAffairs Research Team analysis that cites high housing costs and the absence of statewide tenant protections as the main factors behind the ranking.
Jacksonville is the best large U.S. housing market for first-time homebuyers this spring, according to a new analysis released by Zillow.
As home prices continue to climb across Northeast Florida, homeownership is slipping further out of reach for many families, especially those living on fixed incomes.
The Northeast Florida housing market showed signs of shifting momentum in February, with the median sales price for single‑family homes rising 5.3% from January to $388,500 even as affordability weakened and inventory expanded, the Northeast Florida Association of Realtors said.
In a March 24 vote, the Jacksonville City Council approved a $5 million loan for an affordable housing development that drew support from Republican Council members and from Mayor Donna Deegan, a Democrat.
In a March 24 vote, the Jacksonville City Council approved a $5 million loan for an affordable housing development that drew support from Republican Council members and from Mayor Donna Deegan, a Democrat.
Madison Capital Group and Madison Communities are set to break ground on Wednesday for Madison Seagrass, a 278-unit multifamily community planned off State Road 16 in St. Augustine, a project the developers say will include housing set aside under Florida’s Live Local Act.
Affordability remains the top concern for Floridians, but state lawmakers wrapped up the 2026 legislative session with little to show for it, as several high-profile housing and insurance proposals failed to pass.
The U.S. Senate has passed what could become one of the most sweeping housing packages in decades, a proposal local leaders say could help tackle affordability challenges in Jacksonville if it becomes law.
Nearly 40% of families in Jacksonville qualify for most affordable housing programs, according to city data — a reality local housing leaders say highlights just how widespread the affordability crisis has become.
After a state lawmaker brought up eliminating HOAs last year, a new Florida bill would allow residents to do exactly that, according to a report from our sister station WKMG in Orlando.
As housing prices continue to climb, a local program is offering a different path to homeownership for residents priced out of the traditional market.
After a state lawmaker brought up eliminating HOAs last year, a new Florida bill would allow residents to do exactly that, according to a report from our sister station WKMG in Orlando.
The Jacksonville Planning Commission granted approval to convert a hotel into multifamily housing for veterans, according to our news partners at the Jacksonville Daily Record.
Mortgage rates have eased into the 5% range for the first time since 2023, and local lenders say buyers in Northeast Florida are taking notice.
An analysis by RentCafe found that nearly 310,000 affordable apartments were built nationwide between 2020 and 2024, an unprecedented surge that included about 91,000 income-restricted units completed in 2024 alone.
Northeast Florida’s housing market showed signs of easing in January as inventory grew and affordability improved, giving buyers more choice even as sales slowed after the holiday rush, the Northeast Florida Association of Realtors said.
A New York-based nonprofit plans to convert a Baymeadows Road hotel into affordable housing for U.S. military veterans, according to our news partners at the Jacksonville Daily Record.
Jacksonville Mayor Donna Deegan is beginning a new round of town hall meetings aimed at addressing some of the most pressing issues facing residents, including housing affordability, access to health care and long-standing infrastructure concerns.
An employee with the Palatka Housing Authority pleaded guilty to funneling over $150,000 intended for the organization into a separate company that he controlled, the Department of Justice said Friday.
As the Florida Senate continues to ponder an approach to lowering property taxes, House committees on Thursday advanced two tax-cut proposals that could go before voters.
Florida has the highest rate of foreclosure filings in the country, a property data firm reported, but local real estate leaders say the situation is not comparable to the housing crash nearly two decades ago.
Florida lawmakers are considering sweeping legislation that would require mobile home park owners to justify rent increases and boost relocation assistance for displaced residents, potentially affecting more than 800,000 mobile home residents across the state.
December closed out 2025 with a Northeast Florida housing market that showed resilience and growing balance, according to the Northeast Florida Association of REALTORS.
President Donald Trump is pushing new proposals aimed at making housing more affordable, including banning large institutional investors from buying single-family homes and directing the federal government to purchase $200 billion in mortgage-backed securities — a move that is already impacting interest rates.
St. Johns County is reviewing plans for a 280-unit apartment project at Florida 207 and Interstate 95, near a proposed mixed-use development that is also under review, according to News4JAX partners at The Jacksonville Daily Record.
Northeast Florida continued to see improving housing affordability, steady pricing and a healthy inventory across the region in November, according to the Northeast Florida Association of Realtors’ report published Monday.
A bill filed last week in Florida aims to dissolve HOAs across the state — but that’s only if it even makes any headway.
A Jacksonville mother and her two young children have been forced to sleep in their car after an electrical fire destroyed their apartment last Tuesday, leaving them with virtually nothing.
As home prices continue to climb across Florida, a new analysis suggests it could take the typical household nearly a generation to save for a modest down payment.
A new Florida bill filed last week is pushing to add more responsibilities to mobile home park owners in the state, according to a report from News4JAX sister station WKMG in Orlando.
Jacksonville saw one of the sharpest home-price drops in the nation, with the region’s median home price falling more than $16,000 year over year in October, the steepest decline among the country’s 40 largest metro areas, according to new data from Homes.com.
President Donald Trump is pitching a 50-year mortgage, an idea federal housing officials are calling a potential “game changer” as home prices continue to climb nationwide.
Affordable housing remains a pressing issue for many Jacksonville residents as rent prices continue to challenge budgets across the city. To address this challenge, the local group ICARE held its Community Problems Assembly at Christ the King Church in Arlington. At the event, ICARE’s board and the city of Jacksonville introduced a plan to create an affordable housing trust fund.
A new University of North Florida Public Opinion Research Lab (PORL) poll found that housing costs and property taxes are the most important problems facing Florida.
Gov. Ron DeSantis late Wednesday dismissed a series of proposed constitutional amendments released last week by the Florida House to cut property taxes.
Neighbors in Atlantic Beach say short-term rentals are slipping through the cracks despite a city ordinance banning rentals under 90 days in residential areas.
Helen Johnson will move into one of the 44 townhomes being built by Beaches Habitat for Humanity off Mayport Road, called Coastal Haven.
Property taxes have been a major topic of discussion in Florida this year. In a recent memo, Florida House Speaker Daniel Perez addressed the hot topic and revealed that several House members filed a series of joint resolutions and a bill aimed at property tax relief. The proposals build on the work of the select committee tasked by Gov. DeSantis to find solutions to property tax reform.
Northeast Florida’s housing market continued its gradual cooldown in September as sales activity slowed and higher inventory levels compared to a year ago, according to the Northeast Florida Association of Realtors report.
Jacksonville City Council rejects controversial proposal for senior apartment complex on former landfill site, despite developer's cleanup promises, following strong community opposition and planning department recommendation.
Planning officials recommend denying an 84-unit apartment complex on a former Jacksonville landfill site, as residents unite with environmental concerns while developers promise supervised cleanup before construction.
Homelessness among Florida families has surged in the last three years as soaring rents and a shortage of affordable housing push more residents into shelters, motels and the streets, a new University of Florida report says.
About 70 people are now back on the streets after Overflow Health Alliance, a homeless shelter on Jacksonville’s Northside, was forced to close its doors.
An employee with the Palatka Housing Authority pleaded guilty to funneling over $150,000 intended for the organization into a separate company that he controlled, the Department of Justice said Friday.
Future homebuyers will have the opportunity to get one step closer to owning a home during a three-day event at Edward Waters University.
The Jacksonville Housing Authority is working on bringing more affordable housing to several neighborhoods in the city.
While the option of a "grace period" that allows you to pay a few days later than the due date without penalty might seem like a nice bonus from your property manager, it could also be a trap.
A Jacksonville renter says her “affordable” apartment turned into a legal and financial nightmare after she tried to pay rent and then learned days later that she’d been evicted, a case housing advocates say reflects a broader trend worsening the city’s affordability crisis.
Sulzbacher, in partnership with the duPont Foundation and Jacksonville Fire and Rescue Department (JFRD) will announce the launch of a 10-unit Tiny Homes pilot program adjacent to its men’s campus in downtown Jacksonville.
St. Johns County is facing a shortage of approximately 716 apartment homes across all income levels, according to the Florida Apartment Association.
The need for more student housing in Jacksonville is hitting the University of North Florida hard, but the school is spotlighting part of the solution on Wednesday with a ribbon-cutting ceremony for the new Osprey Ridge dorm hall.
An official with the Palatka Housing Authority is being accused of funneling over $150,000 intended for the organization into a separate company that he controlled, according to a federal indictment filed on Wednesday.
Manufactured housing plays a key role in providing affordable housing, especially in Florida, which has one of the largest numbers of mobile home parks in the country.
St. Johns County Chamber of Commerce (SJCCC) will advocate for workforce housing relief at the upcoming commissioners meeting.
The Jacksonville City Council approved on Tuesday night a rezoning to allow for construction of apartments in the parking lot of The Avenues mall, according to our news partners at the Jacksonville Daily Record.
Known for its colorful homes and wraparound porches, Springfield is one of Jacksonville’s oldest neighborhoods. Once overlooked, the historic community just north of downtown has become a magnet for new residents and businesses. However, revitalization is coming at a cost as longtime locals say the price of that popularity is a rise in home prices and the potential loss of what made Springfield special in the first place.
New workforce housing could be approved next Tuesday in St. Johns County near Interstate 95.
St. Johns County officials will review a plan on Friday afternoon that aims to bring a brand-new townhome community to World Golf Village.
A Jacksonville-area woman’s experience renting from one of the nation’s largest landlords is shedding light on a broader housing issue that’s now the subject of a federal investigation.
The State of ALICE in Florida: 2025 Update on Financial Hardship report, which analyzed the latest available data from 2023, found that an estimated 47% of households in Florida were below the ALICE Threshold in 2023. The ALICE Threshold represents the minimum income level necessary for survival for a household.
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.
The United Way of Northeast Florida will hold a news conference on Wednesday afternoon to announce a partnership with LISC Jacksonville, aiming to bring more housing to low-income neighborhoods.
A local nonprofit recently received a grant to help Jacksonville families preserve inherited homes or generational land.
Recently published data by a prominent real estate website reveals further proof that Florida’s housing market is shifting in buyers’ favor. According to Realtor.com, the Sunshine State had the second-largest percentage (25%) of home price reductions in April, a signal that sellers aren’t receiving much traction on their dream asking price in a changing market.
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.
From sky-high property taxes to soaring insurance premiums, affordability is becoming a dealbreaker for people wanting to move to the Sunshine State, and it’s resulting in bold proposals from Gov. Ron DeSantis.
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.
A local landlord is accusing a nonprofit that helps the homeless of paying her tenants’ rent late. Natalie Collier, a member of Opportunity Zone America LLC, which owns about 60 properties, is speaking out, saying she hasn’t received a rent payment from Changing Homelessness since October.
While Florida homeowners anxiously await property insurance relief, legislators are considering more than a dozen bills that would revive the My Safe Florida Home Program, which provides financial assistance for storm readiness work.
The Union Terminal Warehouse on Jacksonville’s Historic Eastside reopened as a mixed-used development Thursday after a $72 million renovation.
A passionate community leader is pushing for increased funding to support the homeless, or as he calls them, “shelter-challenged citizens,” in America. John Wyche said on his birthday that he realized the need for action. With a background as a retired Air Force Major, he feels a strong sense of duty to help.
With skyrocketing property insurance and the cost of housing among the biggest concerns for Floridians, two Republican lawmakers recently introduced a couple of bills aimed at giving relief to homeowners. However, some experts say that if approved, the bills might have the opposite effect.
