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Jan 02

Watch 6:06
Why renting over buying might be the favored choice in today’s real estate landscape

By Geoff Bennett, Dorothy Hastings

Buying has almost always been favored over renting when it comes to housing. For generations, the prevailing wisdom has been that renting is a waste of money. But what about now, with a tough real estate market characterized by elevated…

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Dec 24

Watch 6:08
How a ‘perfect storm’ of issues is causing a sharp rise in homelessness

By John Yang, Kaisha Young

The number of Americans experiencing homelessness is now at its highest since records started being kept in 2007, according to estimates in a new report from the federal government. 2023 saw a 12 percent increase in homelessness over the previous…

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Dec 22

Chronic homelessness is at an all-time high. Here’s why it continues to climb

By Hannah Grabenstein

Data from the 2023 point-in-time count show that around one-third of all people experiencing homelessness nationwide are chronically homeless.

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Sep 20

Watch 7:50
How rising mortgage rates are increasing the cost of living for millions of Americans

By Amna Nawaz, Karina Cuevas

The Federal Reserve did not hike interest rates Wednesday, but many Americans are still struggling with the burden of the higher costs of borrowing. The Fed’s series of hikes over more than a year has triggered a big jump in…

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Aug 31

Watch 8:27
U.S. Commerce Secretary discusses trip to China amid military and economic tensions

By Nick Schifrin, Dan Sagalyn, Zeba Warsi

This week, Commerce Secretary Gina Raimondo became the latest high-ranking U.S. official to visit China and engage with top Chinese leadership. She went during a time of security and trade tensions between the two global giants and China's ongoing economic…

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Aug 17

Average long-term U.S. mortgage rate climbs to 7.09 percent this week, highest level in over 20 years

By Alex Veiga, Matt Ott, Associated Press

Sharply higher rates are contributing to a dearth of available homes, as homeowners who locked into lower borrowing costs two years ago are now reluctant to sell and jump into a higher rate on a new property.

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Aug 05

Analysis: Why your home might feel hotter than the thermostat says, and tips for cooling it down

By Jonathan Bean, The Conversation

Thermostats don’t tell the whole truth about heat, particularly in older homes.

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Jul 30

Biggest apartment construction boom in decades likely to bring renters uneven relief

By Alex Veiga, Associated Press

When viewed through a wide lens, renters across the U.S. finally appear to be getting some relief, thanks in part to the biggest apartment construction boom in decades. But a closer look shows the trend will likely be little comfort…

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Jun 24

Watch 5:46
Evictions skyrocket as rising rents squeeze low-income Americans

By John Yang, Kaisha Young

Eviction filing rates are soaring after the pandemic’s renter protection programs expired. One reason is the rising rents and a shortage of affordable housing for those with the lowest incomes. Diane Yentel, CEO and president of the National Low Income…

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Jun 17

Eviction filings soar over 50% above pre-pandemic levels in some cities as rents increase

By Michael Casey, R.J. Rico, Associated Press

Among the hardest-hit are Houston, where rates were 56 percent higher in April and 50 percent higher in May. In Minneapolis/St. Paul, rates rose 106 percent in March, 55 percent in April and 63 percent in May.

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