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
Jul 14 Environmentalists argue California home developments create wildfire risks By Michael Phillis, Suman Naishadham, Associated Press Environmental groups have been arguing in California courts that developers are not fully considering the risks of wildfires when they plan their housing developments near fire-prone areas. And they've been winning. Continue reading
May 18 As Fresno tries to manage a housing crisis, a corporate owner moves in By Cresencio Rodriguez-Delgado A judge has authorized the sale of a local mobile home park at the center of an affordable housing battle to a national corporate landlord, dealing a blow to residents and housing advocates who had hoped their bid for a… Continue reading
Apr 21 Investors are buying up mobile home parks. These Fresno tenants have a different idea By Cresencio Rodriguez-Delgado The residents at Trails End Mobile Home Park in Fresno, California, have decided to organize an effort to purchase the park themselves in the form of a cooperative. If they are successful, it would be an unusual housing model for… Continue reading
Feb 21 Across the U.S., rents at 'insane' levels with no relief in sight By R.J. Rico, Associated Press Rents have exploded across the country, causing many to fall behind on payments, dig deep into their savings or downsize to subpar units. Continue reading