South Florida’s underwater homeowners are drying out: report

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Not far from the scuba diving haven of John Pennekamp Coral Reef State Park in Key Largo, Florida, you can find a different way to scan the serenity of underwater life while staying warm and dry.

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The “Underwater Homeowners Association” sounds like a. It runs along what constitutes high ground in South Florida – a narrow coral ridge that appears to stay dry when models of sea level rise show.

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Miami’s fight against rising seas. The water doesn’t just come over seawalls; it seeps up from beneath the streets. Nearly 90% of the drinking water in south Florida comes from aquifers, and these are finding their fresh water pushed further and further inland as the salt water exerts more and more pressure.

Could Global Warming Submerge the Florida Keys? This Friday an international study devoted to global warming and resulting sea-level change will be released. This report is highly anticipated – many hope that the report’s findings will make the world, and especially the United States, recognize and remedy the trend of global warming.

One in eight Florida homes would be under water, accounting for nearly half of the lost housing value nationwide. The median value of a home at risk of being underwater is $296,296. The value of the average U.S. home is $187,000. Typically when we talk about "underwater" homes, we are generally referring to negative equity. But there is, of.

In 2011, after the bottom fell out of the. hunting for another home in the $200,000 range and ran into a different kind of problem: competition from foreign buyers, mostly from Latin and South.

Rising seas burying houses doesn’t sound great, but what if your house is underwater already? Take that, nature! Let’s take a look at the 10 most amazing underwater buildings that actually.

A newly created ‘Underwater Homeowners Association’ held its first meeting in The Village of Pinecrest Wednesday. The group is made up of residents who want to tackle the issue of sea level rise.

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Now, South Florida ranks 14th in the nation for underwater homes. The country’s worst hot spot was Las Vegas, where 159,832 homes – or about 27.7 percent of all the region’s residential.

News from Broward County, Palm Beach County and Miami-Dade County, including breaking news, weather, traffic, events, entertainment and more.

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