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.
A website for searching property records operated by the Miami-Dade County Office of the Property Appraiser has won a national award.
The site allows users to search county property records online and works on desktop, tablet and mobile devices. It is the most-used page on the county’s site, according to property appraiser Pedro Garcia.
south Florida’s housing market ranks as the most stable in the Sunshine State, according to a report Wednesday from mortgage company Freddie Mac.
The metro area of Palm Beach, Broward and Miami-Dade counties scored 82.4 in June on Freddie’s Multi-Indicator Market Index, up 14 percent from a year ago.
The index measures local and state housing markets by tracking home loan applications, affordability, mortgage loan delinquencies and employment. A score of at least 80 is considered favorable or stable. A perfect score is 100.