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Asking rents are down 1% nationally, though they’re still rising in some regions.
The lack of affordability has spurred “nontraditional setups” like this partnership between women who trust each other and work well together.
Resort communities that saw growth during the pandemic are trying to stop the bleed of local workers being priced out.
Construction students get blighted homes back on the market under the auspices of a community college program.
The Federal Housing Finance Agency will lower the loan-level price adjustment fee for people with smaller down payments.
Rising mortgage rates have kept would-be buyers renting — straining the supply of available apartments and pushing prices up.
More wealthy people are moving to mountain communities, pushing up home values and pushing out some local workers.
When people have to spend more and more on rent, there’s not much left over for other essentials.
The Mortgage Bankers Association reports the average monthly payment on a new mortgage in July was $1,844, down $49 from June, as mortgage rates and loan amounts edged lower.
Skyrocketing housing costs are driving out the local labor force, leaving all kinds of businesses in the small town short-staffed.