• Lawsuits challenging real estate commission could shake up housing market

    Lawsuits challenging real estate commission could shake up housing market

    Dec 14, 2023 11:30 PM EDT

    ... interest rate cuts next year. That could help lower mortgage rates, which this year have been at a two-decade high, and make homeownership more affordable for many. Some experts also point to a landmark jury decision that could also change the cost of buying and selling a home. Economics ...

  • California Gov. Newsom calls for bill to provide housing, treatment for homelessness crisis

    California Gov. Newsom calls for bill to provide housing, treatment for homelessness crisis

    Mar 21, 2023 12:53 AM EDT

    "Modernizing it will lead to $1 billion every year for housing, treating substance abuse disorders, and more," said a statement from the governor's office. The California State Association of Counties, representing all 58 counties in California, said in a statement Sunday that it would work with the governor ...

  • What are ‘Promise Programs’ and how can they help make college more affordable?

    What are ‘Promise Programs’ and how can they help make college more affordable?

    Dec 26, 2022 05:00 PM EDT

    ... of things that get in the way of really focusing on your college success. So more support and a very easy message about this being affordable and tuition-free can really help with those community college outcomes.” Miller-Adams said. Middle to high-income students benefit the most. Only a ...

  • 5 reasons housing is so expensive right now

    5 reasons housing is so expensive right now

    Aug 05, 2022 07:43 PM EDT

    ... dollar increase in the median rent was associated with a 9 percent increase in the estimated homelessness rate in the U.S. The big picture Housing in America has typically been used as way to build wealth. But in a housing crisis where some can’t find a home within ...

  • Texas' homeless suffer due to lack of public housing as public camping is criminalized

    Texas' homeless suffer due to lack of public housing as public camping is criminalized

    Aug 26, 2021 10:30 PM EDT

    Stephanie Sy: One of the country's fastest growing big cities, Austin is also one of its least affordable, with a median home price that recently hit almost $575,000. As the city has grown into a tech and culture hub, the problem of how to help the more than ...

  • How uncertainty surrounding the eviction ban, rental assistance affects housing security

    How uncertainty surrounding the eviction ban, rental assistance affects housing security

    Aug 26, 2021 10:29 PM EDT

    ... but for the rental housing market, it's a real problem.” In a tight housing market where homeownership is increasing and the number of available housing units is lower than it was five years ago, this trend could pose concerns for the availability of affordable rentals, Howard said. WATCH: How ...

  • Biden bolsters the Affordable Care Act, rescinds restrictions on reproductive rights

    Biden bolsters the Affordable Care Act, rescinds restrictions on reproductive rights

    Jan 28, 2021 11:55 PM EDT

    ... Avenue, two of the new president's Cabinet nominees made pitches for new economic stimulus. There was Ohio Congresswoman Marcia Fudge, nominated for secretary of housing and urban development. She told her Senate confirmation hearing that full recovery requires greatly expanded housing aid. Rep. Marcia Fudge, D-Ohio: Whatever it ...

  • In Boston, a housing innovation that connects the generations

    In Boston, a housing innovation that connects the generations

    Jul 08, 2019 10:20 PM EDT

    Although cities across the country are struggling with a shortage of housing, especially at a manageable cost, there are millions of bedrooms going unused. Now, technology is enabling homeowners with rooms to spare to connect with renters who can’t afford their own place. Stephanie Leydon from PBS station WGBH ...

  • Fewer homes affordable for middle-class buyers, analysis finds

    Fewer homes affordable for middle-class buyers, analysis finds

    Jan 23, 2019 02:42 PM EDT

    The Redfin analysis found that on average, 55 percent of homes listed for sale were affordable with a 10 percent down payment. That was a drop from 60 percent in 2017. A higher 20 percent down payment would make monthly payments more manageable, but loan data suggest that a growing ...

  • Voters want Iran’s next president to make life more affordable

    Voters want Iran’s next president to make life more affordable

    May 18, 2017 11:10 PM EDT

    ... symbolizing the demand for democratic change. No matter who voters are supporting, their number one demand is for the next president to make life more affordable. MOHAMMAD MARANDI: I think that the important thing for Iranians right now is the state of the economy. REZA SAYAH: Three out of 10 ...