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Stories Tagged as

Housing costs

The housing market is a tale of two people: The buyer and the seller

by Kristin Schwab and Matt Levin
Sep 26, 2023
Both the buyer and the seller have unrealistic expectations right now, while prices and mortgage rates are high.
"Sellers don’t want to take anything less than the peak," Daryl Fairweather of Redfin says. "Buyers are hoping it’s 2008,” says Michael Orbino of Compass.
Saul Loeb/AFP via Getty Images
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Is shelter inflation data the most timely measure of housing costs?

by Elizabeth Trovall
Aug 10, 2023
As some CPI data lags, economists consider new rental data to better understand where housing costs are now.
While shelter inflation is still at 7.7% year-on-year, economists are incorporating new, more timely data into their forecasts that shows a cooling of housing prices.
Spencer Platt/Getty Images
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Climbing housing costs rob Houston of reputation for affordability

by Andrew Schneider
Apr 18, 2023
Many Houston residents spend well over 30% of their income on shelter. On top of that, transportation costs are a growing burden on commuters.
Some Houston residents find themselves even more cost burdened than their counterparts in Los Angeles County. Transportation costs are part of the problem.
Brendan Smialowski/AFP via Getty Images
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Consumer demand for sustainable products goes wall to wall

by Kaleb Roedel
Mar 15, 2023
Some homeowners are filling their walls with eco-friendly alternatives to synthetic insulation — but that can be costly.
A Havelock Wool employee trims excess material from insulation panels made of sheep wool at the company's facility in Reno, Nevada.
Courtesy Havelock Wool
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COVID-19

Remote workers have stayed in Truckee, California, but not the local workforce

by Matt Levin
Aug 16, 2022
Skyrocketing housing costs are driving out the local labor force, leaving all kinds of businesses in the small town short-staffed.
Truckee, California, became a haven for remote workers early in the pandemic.
Matt Gush/Getty Images
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Almost 1 in 5 Americans now live in a multigenerational household

by Kristin Schwab
Mar 25, 2022
It's a trend that's been spurred on by the pandemic.
Keeping costs down is a major driver of multigenerational living arrangements.
Getty Images
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Where inflation may linger

by Lily Jamali
Dec 15, 2021
Despite Federal Reserve action, inflation may persist for homes, but gasoline and food prices may respond more quickly.
Apartment buildings in Miami. Inflation might persist in the shelter category despite Federal Reserve action, some experts say.
Joe Raedle via Getty Images
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What rising rents mean for inflation

by Sabri Ben-Achour
Nov 11, 2021
Inflation on a larger scale is "transitory," we've been told by the Fed. But "rent growth is gonna remain strong," one experts says
In October, median net-effective rents for Manhattan apartments with no doorman increased by a 7.4% year over year, whereas apartments with doormen increased by 24.9%. Above, apartments on the Lower East Side of Manhattan.
Drew Angerer via Getty Images
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