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Florida Housing Market Faces High Risk of Future Price Declines Amid Economic Pressures

Florida Housing Market Faces High Risk of Future Price Declines Amid Economic Pressures

The Florida housing market, particularly in South Florida, is facing significant risks of future home price declines. According to a report by real estate analytics firm ATTOM, several Florida markets are among the most vulnerable in the nation due to factors such as underwater mortgages, foreclosures, and high unemployment rates. The report highlights that 12 of the 50 highest-risk markets are in Florida, with Charlotte County identified as the riskiest. The analysis considers affordability relative to local incomes, the proportion of seriously underwater mortgages, and county unemployment rates. Despite a slight easing in home prices from last summer's highs, affordability remains a challenge across the country.
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Rain chances linger in South Florida for rest of workweek but lessen heading into weekend

Rain chances linger in South Florida for rest of workweek but lessen heading into weekend

South Florida is experiencing continued chances of showers and thunderstorms as the workweek progresses. According to CBS News, rain is expected to persist on Wednesday, with a gradual decrease in precipitation likelihood as the week moves toward the weekend. This pattern suggests a transition to drier conditions by the latter half of the week, providing some relief from the recent wet weather. The report highlights that while rain remains a possibility, the intensity and frequency of storms are expected to diminish over time.
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Heavy Downpours and Thunderstorms Forecast for South Florida

Heavy Downpours and Thunderstorms Forecast for South Florida

As the 2026 Atlantic hurricane season begins, South Florida is bracing for thunderstorms capable of producing heavy downpours. According to the CBS News NEXT Weather team, the region is experiencing hot and humid conditions, which are conducive to storm development. These storms are expected to bring significant rainfall to parts of the area, potentially leading to localized flooding. The weather pattern aligns with the typical onset of the hurricane season, where increased atmospheric moisture and instability contribute to storm activity.
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Rain chances persist in South Florida midweek, tapering off by weekend

Rain chances persist in South Florida midweek, tapering off by weekend

South Florida is experiencing continued chances of showers and thunderstorms as the workweek progresses. According to CBS News, Wednesday will see more rounds of rain, but the likelihood of precipitation is expected to decrease as the week moves into its latter half and toward the weekend. This pattern suggests a gradual improvement in weather conditions, with fewer rain events anticipated by the weekend. The region remains under the influence of weather systems conducive to scattered showers, though the intensity and frequency are expected to diminish.
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These 4 of the state's 6 venomous snakes can be found in South Florida

These 4 of the state's 6 venomous snakes can be found in South Florida

Of the state's six venomous snakes, four can be found in South Florida.
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South Florida and Caribbean Leaders Collaborate on Hurricane Preparedness

South Florida and Caribbean Leaders Collaborate on Hurricane Preparedness

As the 2026 hurricane season begins, officials and disaster response teams from South Florida and the Caribbean convened in Doral, Florida, to enhance regional coordination and rapid response strategies. The meeting focused on preparing for what is expected to be another active hurricane season. Community efforts are also underway, with free hurricane supplies being distributed in Miami-Dade and Broward counties this Saturday. This initiative is supported by CBS Miami and the Global Empowerment Mission, aiming to ensure residents are better equipped to handle potential storms.
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Atlis Property Management Highlights Financial Losses for Self-Managing Landlords in Palm Beach County

Atlis Property Management Highlights Financial Losses for Self-Managing Landlords in Palm Beach County

Atlis Property Management Highlights Financial Losses for Self-Managing Landlords in Palm Beach County
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South Florida and Caribbean Leaders Collaborate on Hurricane Preparedness

South Florida and Caribbean Leaders Collaborate on Hurricane Preparedness

As the hurricane season begins, officials and disaster response teams from South Florida and the Caribbean have convened in Doral to enhance plans for rapid response and regional coordination. This gathering aims to strengthen the preparedness of communities for another active hurricane season. The collaboration includes sharing resources and strategies to ensure effective disaster management. Additionally, free hurricane supplies will be distributed in Miami-Dade and Broward counties, facilitated by CBS Miami and the Global Empowerment Mission.
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Feels-like temperatures in South Florida to break 100 degrees today

Feels-like temperatures in South Florida to break 100 degrees today

A peak heat index of 105 degrees in forecast for Miami, with indices of 102 degrees forecast for Fort Lauderdale, West Palm Beach and Homestead.
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South Florida Faces Heavy Downpours and Flooding Risk on Thursday

South Florida Faces Heavy Downpours and Flooding Risk on Thursday

South Florida is bracing for another round of heavy rainfall on Thursday, with the potential for isolated flooding in some areas. According to the CBS News Miami NEXT Weather team, the region will experience significant precipitation as weather systems bring moisture-laden conditions. This follows a pattern of recent wet weather, but the forecast indicates a reduction in rain chances heading into the weekend. The heavy downpours are expected to be localized, with some areas seeing more intense rainfall than others. Residents are advised to stay updated on the evolving weather conditions as the day progresses.
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Miami-Dade and Broward Counties Implement Transportation Plan for World Cup Fans

Miami-Dade and Broward Counties Implement Transportation Plan for World Cup Fans

Miami-Dade and Broward Counties Implement Transportation Plan for World Cup Fans
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Thunderstorms with Heavy Downpours Expected in South Florida as Hurricane Season Begins

Thunderstorms with Heavy Downpours Expected in South Florida as Hurricane Season Begins

As the 2026 Atlantic hurricane season officially begins, South Florida is experiencing hot and humid conditions, with the potential for thunderstorms bringing heavy downpours later today. According to the NEXT Weather team, these storms could impact various parts of the region, marking an active start to the hurricane season. The weather pattern is being closely monitored, as the combination of heat, humidity, and atmospheric instability creates favorable conditions for storm development. Residents are advised to stay updated on the evolving weather situation.