Housing
AUSTIN, Texas (AP) — Employees of the largest housing provider for unaccompanied migrant children in the U.S. repeatedly sexually abused and harassed children in their care for at least eight years, the Justice Department said Thursday, alleging a shocking litany of offenses that took place as the company amassed billions of dollars in government contracts. […]
The dollar volume, $42 billion, was also down 21% from the year before. This comes as both the average ($780,300) and median ($475,000) purchase prices were the highest the NAR ever recorded for foreign buyers. The top buyers by volume were from Canada, China, Mexico and India. Those buyers purchased the most properties in Florida, […]
Across the globe, people living in major cities are struggling to find affordable housing options. A recent report from Chapman University and the Frontier Centre for Public Policy in Canada identified which cities are “impossibly unaffordable” for the average resident. Researchers analyzed the average incomes with average home prices of nearly 100 major cities in […]
Climate change and its related disasters have brought a new set of risks to homeowners, renters and the value of property—but also a chance for change. The multiple challenges posed by these disasters offer an opportunity to reevaluate our housing policy, especially concerning making traditional housing markets more effective and inclusive. Among the many sectors […]
Ultra-high housing prices may soon take a dip – at least in a handful of U.S. cities. CoreLogic, a financial analytics company that tracks real estate markets around the country, expects home prices to drop in several metro areas over the next year. While home prices in the Northeast – think places like New York, New […]
Data tells us many things but some fundamentals will always apply; fewer homes mean higher prices. getty I’ve been working with and thinking about housing for a few decades in one way or another, and there isn’t a week that goes by without my thoughts returning to Friedrich Hayek’s concept of
Stay informed with free updates Simply sign up to the Property sector myFT Digest — delivered directly to your inbox. One of the seemingly-odd things about the US economy has been housing’s resilience to a massive upswing in interest rates. In reality, higher rates have helped property prices, because of the unique characteristics of the […]
Fact Sheet: Under the Leadership of Secretary Marcia L. Fudge, the U.S. Department of Housing and Urban Development has Delivered for Black People February 2024 HUD has Removed some Systemic Barriers to Homeownership and Supported Approximately a Quarter of a Million Black Homeowners Buy a Home with FHA Mortgages in the Last 3 Years. Since […]
Opendoor’s regular survey of 4,000 homeowners shows an increase in intentions to sell. Nathan Howard—Bloomberg/Getty Images The last few years have seen a wave of ups and downs for homebuyers and sellers–from homeowners who rode to the height of the sellers’ market during the pandemic to buyers who contended with the most historic market shift […]
US Department of Housing and Urban Development Black History Month KHQ Right Now Source link