Wall Street Journal Pro, July 9, 2024-Bob FernandezHousing and rent inflation hums along at 5.4% more than two years after the Federal Reserve began hiking interest rates to cool the …
Category: Top National News
Housing Activity Is Pressured by Higher Rates, Fed Chief Says
Barron’s July 9, 2024-Nicholas JasinskiSen. John Tester, a Democrat from Montana, peppered Jerome Powell with questions about the U.S. housing market, and in response, the Federal Reserve chair acknowledged that …
San Francisco’s AI Boom Can’t Stop Real Estate Slide, as Office Vacancies Reach New Record
CNBC, July 8, 2024-Ari Levy and Jordan NovetArtificial intelligence has been a big boon for San Francisco real estate. But not enough of one to make up for the broader …
This Mortgage Workaround Opens Door to Homeownership for Some Buyers Priced Out of Market
CoStar News, July 8, 2024–Moira RitterMore homebuyers are opting to assume the seller’s mortgage rather than taking out their own loan to buy a house. These loan deals result from …
Cities’ New Fix for Dying Downtowns? Bring In Jugglers
The Wall Street Journal, July 8, 2024-Konrad PutzierThe musician who goes by the stage name Martini Shakers travels across the South playing Rockabilly songs on his guitar, accordion, saxophone and …
Counties and States Are Ending Single-Family Zoning. Homeowners Are Suing.
The Washington Post, July 8, 2024-Teo ArmusMarcia Nordgren says she bought her house — a cream-colored, four-bedroom Cape Cod nestled on a ridge in the D.C. suburbs — specifically because …
The U.S. Housing Slump Deepened This Spring. Where Does That Leave Home Shoppers and Sellers?
The Associated Press, July 8, 2024-Alex VeigaThe housing market shows few signs of busting out of its three-year funk after a disappointing spring season and amid a gloomy outlook for …
U.S. May Ban Real Estate Sales to Foreigners Near More Military Bases
Spectrum News 1, July 8, 024-Susan CarpenterForeigners would be banned from purchasing real estate near dozens of additional U.S. military installations under a rule the U.S. Treasury Department proposed Monday.Click …
Converting Boston’s Offices to Housing is Tricky, But it’s Starting to Happen
WBUR, July 8, 2024–Simón RiosCities across Massachusetts are identifying office buildings that could be candidates for residential conversions. Architect Tim Love of Utile Architecture and Planning said certain features make …
The American Elevator Explains Why Housing Costs Have Skyrocketed
New York Times, July 8, 2024–Stephen SmithThrough my research on elevators, I got a glimpse into why so little new housing is built in America, and why what is built …