Locked out of boom, buyers hunt for new housing hot spots

Lionel and Tanya Lightbourne have been house hunting for 11 years — longer than they’ve been married.

They still haven’t closed a deal.

Their credit is good. They’ve found financing. But skyrocketing home values have priced them out of South Florida’s housing boom, even in the inexpensive North Dade area of Ives Estates where they want to live. Too often the old and creaky homes they can afford fail inspections required by first-time home buyer mortgage programs.

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