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. Continue reading
Mar 03 More seniors are becoming homeless, and experts say the trend is likely to worsen By Hannah Grabenstein Since 1990, the percentage of unhoused people who are older than 50 has risen from 11 percent to nearly 50 percent. Researchers say it will only get worse. Continue reading
Feb 13 Watch 6:13 White House outlines plan to address nation’s soaring rent prices and protect tenants By Laura Barrón-López, Ali Schmitz, Lorna Baldwin, Tess Conciatori, Matt Loffman Intending to address the nation’s soaring rent prices, the Biden administration announced a new effort to protect tenants and make renting more affordable. The plan comes after a year of meetings with industry and tenant advocates. Laura Barrón-López reports. Continue watching
Dec 08 Watch 8:14 How suburban zoning rules are stifling development and causing rents to spike By Paul Solman, Sam Weber The cost of housing has risen dramatically over the last several years, helping drive levels of inflation not seen in decades. One key factor is that in many places, building has not kept up with demand. The suburban counties of… Continue watching
Nov 17 Average long-term U.S. mortgage rates fall to 6.61 percent By Matt Ott, Associated Press The average long-term U.S. mortgage rate tumbled by nearly a half-point this week, but will likely remain a significant barrier for potential homebuyers as Federal Reserve officials have all but promised more rate hikes in the coming months. Continue reading
Nov 05 California tenants rise up, demand rent caps and more protections from city councils By Janie Har, Associated Press Tenants across California are taking to ballot boxes and city councils to demand more safeguards against tenant harassment, shoddy living conditions and unresponsive landlords that are usually faceless corporations. Continue reading
Sep 22 WATCH: Pentagon press secretary Pat Ryder lays out new food, housing programs for troops By Associated Press The Pentagon announced a number of new programs Thursday that are aimed at helping service members who are struggling with housing shortages and steep food and living expenses as they move from base to base. Continue reading
Sep 10 Watch 8:13 HUD Secretary Marcia Fudge on soaring cost of buying and renting homes Home prices in the U.S. have risen around 20% year-over-year, making homeownership unaffordable for millions of Americans. A historic housing shortage is causing rental rates to spike, too, and experts say it's unlikely prices will drop significantly any time soon. Continue watching
Aug 24 California’s ‘climate migrants’ and the difficulty of finding a new home By Cresencio Rodriguez-Delgado In places like California's Mariposa County, the climate disaster is converging with a housing shortage brought on by a historical lack of home-building and affordability concerns that aren’t meeting needs across the state. Continue reading
Aug 05 5 reasons housing is so expensive right now By Tim McPhillips In the past year, the median home price has jumped more than 15 percent, according to data compiled from the St. Louis Federal Reserve. And renters are feeling similar pain: On average, rents in May were up 15 percent than… Continue reading