These 15 housing markets have the highest correction risks
“Mansion Global” host Katrina Campins talks about the state of the housing market on “Making Money.” U.S. home prices have risen relentlessly over the past three years, but a growing number of markets are at risk of a sharp correction. new report According to a report released by real estate data and analytics company Parkl […]
Georgetown University To Offer ‘Gender-Inclusive’ Housing
Georgetown University announced Monday it will begin offering “gender-inclusive” housing for the 2023-2024 academic year. The traditionally Catholic university announced that students will now be able to room with the opposite sex if they “identify as transgender, non-binary, or gender non-co[n]forming” while those who are “welcoming and affirming” can choose to be a potential roommate. […]
Dem Housing Civil War Comes To Head After San Francisco Forced To Allow More Construction
Pro-housing Democrats won a victory in San Francisco Friday after state authorities declared the city had not met its housing permitting goals in 2023, triggering a law some city Democrats opposed that will expedite the approval of new builds, the San Francisco Chronicle reported. The city’s sluggish approval of new projects triggered SB423, a state […]
Los Angeles mayor defends luxury housing for homeless
Pepperdine University’s School of Public Policy dean Pete Peterson and attorney Julie Hamill join ‘Fox News @ Night’ to discuss … source
Homeowners and renters struggling to afford the high cost of housing: survey
Recent surveys suggest that renters and homeowners alike are feeling the strain of rising housing costs. (iStock) Rising housing costs are forcing renters and homeowners to make tough decisions, according to a recent national survey. investigation. As a result of rising housing costs, 20% of renters and 8% of homeowners say they’ve had to relocate […]
Costco teaming up with developers to build an 800-unit apartment complex in bid to ease housing crisis
Big-box wholesaler Costco is developing a mixed-use complex aimed at making a dent in the affordable housing crisis. The company plans to open a new store in South Los Angeles, partnering with developer Thrive Living and builder AO to build an 800-unit apartment complex, with 184 units set aside for affordable housing. The club, a […]
The Most Splendid Housing Bubbles in America
Estimated Reading Time: < 1 minute September Update: Spring Bounce Fades. 20-City Index -0.6% from Peak in 2022, Flat Year-over-Year. San Francisco -11% from the peak, Seattle -10%, followed by Las Vegas, Phoenix, Portland, Denver, Dallas, San Diego, Los Angeles, and Tampa. The S&P CoreLogic Case-Shiller Home Price Index, released today, for the 20 metros […]
Asylum seekers camped out next to Kent freeway demanding housing
(The Center Square) – It’s been nearly a month since asylum seekers set up camp on property next to SR-167 in Kent, urging city leaders to let them move into a vacant hotel on Central Avenue. “We are here one month now,” said Oscar, who on Tuesday told The Center Square he came from Africa. […]
US housing affordability might not improve without a recession: BofA
James Bullard, former president and CEO of the Federal Reserve Bank of St. Louis, looks ahead to the next interest rate decision, analyzes employment data and reacts to Yellen’s housing development policies. The home affordability crisis that has plagued the U.S. housing market for the past three years isn’t likely to improve until at least […]
Housing market won’t bounce back until 2026, economists predict — here’s why
A team of Wall Street economists has predicted that the US housing market won’t “break free” until at least 2026, and home affordability won’t improve unless there’s a recession. Bank of America economists cited “temporary changes” in demand during the pandemic as the reason for their less-than-optimistic outlook. “Housing activity has declined and stabilized after […]