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More renters expect they'll never buy a home

Jan 31, 2024
They plan to rent forever because they can't afford to buy or they like the renting lifestyle.
In 2023, it was more expensive to buy than it was to rent in 46 of the top 50 U.S. metro areas, according to Redfin data.
Justin Sullivan/Getty Images

Wetlands or housing? Climate change pressures shoreline development plans.

Dec 22, 2023
In California, a fight is brewing over whether to build middle-class homes or restore wetlands that could mitigate flood risk. 
The city of Newark, California, could move to restore wetlands instead of building hundreds of houses. The development could ease the housing shortage, but the land could mitigate flooding as the seas rise.
Courtesy Derell Licht

Can an Airbnb crackdown really make New York more affordable?

Aug 24, 2023
The explosion of short-term rentals has exacerbated the city's housing crisis.
A New York City study found that the larger the number of Airbnbs, the higher the rents in a neighborhood. Above, a view of the Manhattan skyline.
Roy Rochlin/Getty Images

High mortgage rates recall an era of ... high mortgage rates

Aug 18, 2023
The highest mortgage rates in 20 years are now coupled with high home prices — bringing angst to many homebuyers.
The last time mortgage rates were this high was the early 2000s. Even then, those rates were low compared to the 1980s.
Paul J. Richards/AFP via Getty Images

New study examines the viability of turning empty office blocks into homes

Aug 9, 2023
The paper considers whether tax breaks might incentivize developers to take on the conversions.
Converting empty office buildings into apartments can add affordable housing, bring more people into downtowns and cut carbon emissions, according to the paper.
Justin Sullivan/Getty Images

U.S. asking rents decline (slightly), but continue to rise in some regions

Jul 28, 2023
Asking rents are down 1% nationally, though they're still rising in some regions.
A man watches apartment construction in Austin, Texas. The increase in apartment supply is one reason for cooling rents.
Brandon Bell/Getty Images

Co-buying a house with your best friend

Jul 27, 2023
The lack of affordability has spurred “nontraditional setups” like this partnership between women who trust each other and work well together.
In 2022, Cass Lang, left, and Jordan Heiden bought a home together in Vermont. “We both wanted the same thing at the same time, so why would we not do it?” Lang said.
Courtesy Lang

For public good, not for profit.

With housing in short supply, some resort towns pay landlords to rent to locals

Jun 1, 2023
Resort communities that saw growth during the pandemic are trying to stop the bleed of local workers being priced out.
Amber Kennedy’s roommate in the house they rent through Lease to Locals, a program that encourages property owners to rent to local workers.
Rachel Cohen

Millions of dilapidated houses sit vacant in the U.S. A Colorado college program aims to change that.

May 11, 2023
Construction students get blighted homes back on the market under the auspices of a community college program.
Jerry Begley, construction training program manager at Trinidad State College, points to the century-old earthen interior of a COPERR program project in the west end of town.
Dan Boyce

Lower mortgage fee will help some buyers with Fannie and Freddie loans

Apr 25, 2023
The Federal Housing Finance Agency will lower the loan-level price adjustment fee for people with smaller down payments.
The number of new home sales was up almost 10% in March, according to the U.S. Census Bureau and Department of Housing and Urban Development.
Justin Sullivan/Getty Images