Bluenest Development Is On A Mission To Increase Homeownership In South Florida

Miami-Dade County ranks among the least affordable housing markets in the nation, with the median home price reaching $680,000 — 60% higher than the national median of $414,000.  On the flip side, average rent in Miami-Dade has reached nearly $2,200, 34% higher than the national average. About a third of the county’s population is classified as rent-burdened, spending more than half their monthly income on rent.   This surge in housing costs in recent years has widened the affordability gap in South Florida. Bluenest Development, a Miami-based affordable and workforce housing developer, is on a mission to make home ownership more attainable and accessible to South Florida...