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Realtor.com chief economist Danielle Hale told FOX Business that the U.S. is facing a deficit between 2.5 million and 7.2 million homes, which underscores the dire need to build more housing.
Still, Fed Chair Jerome Powell has said the crux of the country’s housing crisis is a supply issue—something the central bank can't address. To put it plainly, there are just not enough homes ...
Some innovative solutions to South Florida’s housing crisis were presented at last month’s Building Blocks Housing Summit, organized by Miami-Dade Mayor Daniella Levine Cava and the Department ...
Americans are in the throes of the worst housing affordability crisis in decades. Baby Boomers aren’t parting with their homes, insurance costs are skyrocketing, mortgage rates are sky-high and ...
The housing affordability crisis has grown so significant that commentators think it could be a big topic in the 2024 presidential election. President Joe Biden is clearly alert to the issue and ...
The origins of the current housing shortage trace back to the subprime mortgage crisis that began in 2007, which led to an overabundance of homes built for buyers who ultimately couldn’t afford ...
Yesterday daily mortgage rates hit a 52-week low, coming in at 6.34% (although they’re back up to 6.52% today). But that’s only one part of the equation: Before all the mortgage rate drama ...
The lack of affordable housing in Cincinnati is undeniable. So is the need to address it. The city needs roughly 28,000 affordable housing units to help 88,000 poor or working-class people have a ...