Eileen Higgins won Miami’s mayoral runoff, becoming the first Democrat in almost three decades to lead the city.
MIAMI, FLORIDA - DECEMBER 09: Miami Mayor-elect Eileen Higgins speaks to supporters as she celebrates her victory at her election night party held at the Miami Women's Club on December 09, 2025 in Miami, Florida. Higgins, a Democrat, beat her Republican challenger Emilio González, a former city manager endorsed by President Donald Trump, in the runoff election. The position of Mayor for the City of Miami is officially nonpartisan. (Photo by Joe Raedle/Getty Images)
South Florida faces a growing affordability problem as housing demand outstrips supply, according to Ana-Marie Codina, whose family firm develops master-planned communities in the region.
Homes in North Miami, Florida, US, on Wednesday, Aug. 20, 2025. Sales of previously owned US homes rose modestly in July as price growth slowed and mortgage rates drifted lower, helping to stabilize demand. Photographer: Zak Bennett/Bloomberg
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