On the surface, Seattle’s housing market looks like any other in the country. The inventory of single-family homes for sale is up substantially year over year. New listings are up slightly, sales remain subdued and home prices aren’t moving much. That’s the story in the majority of housing markets. But Seattle is wrestling with a […]
Seattle housing market wrestles with crippling affordability concerns Read More »
Homeownership in many of America’s largest cities now demands a six-figure salary to sustain a comfortable lifestyle — with some regions requiring more than $300,000 annually. A new analysis by GOBankingRates ranked the top 50 U.S. cities by the income necessary to afford a comfortable standard of living, using factors such as average home prices,
Comfortable city living usually requires a six-figure salary Read More »
A new Redfin survey reveals sharp divides among Americans over how immigration and tariffs are affecting housing affordability, reflecting a complex and politically charged landscape. More than half of U.S. homeowners and renters (51.2%) believe that reducing immigration could worsen housing affordability by shrinking the pool of construction workers and limiting the number of new
Americans are divided over housing impacts of immigration, tariffs Read More »
As Trump administration officials press ahead with their efforts to dismantle and defund the Consumer Financial Protection Bureau (CFPB), the Federal Reserve Office of the Inspector General (OIG) is reportedly opening an investigation into moves to fire the vast majority of CFPB and attempted cancellations of associated federal contracts. According to reporting by CNBC, the
Federal Reserve watchdog investigates efforts to dismantle CFPB Read More »
As Republican lawmakers continue to press ahead with a proposal to sell wide swaths of federal land, one official in a state that would be impacted is ramping up her opposition to plans from both the Trump administration and her congressional colleagues. Democratic Sen. Catherine Cortez Masto of Nevada on Wednesday lambasted Department of the
Nevada senator criticizes Republican federal lands proposal Read More »
The women of the housing industry took to the stage on Wednesday morning during the Women of Influence Forum to share leadership stories and strategies on the final day of The Gathering by HousingWire. For Michelle Sipe, the senior vice president of operations at insurance firm SimplyIOA, one of the most important leadership lessons she
What makes a strong leader? The women of housing offer their thoughts Read More »
Following his nomination for the role in March, the Senate on Tuesday confirmed Andrew Hughes as the deputy secretary of the U.S. Department of Housing and Urban Development (HUD) under Secretary Scott Turner. Hughes succeeds Adrianne Todman, who effectively served as HUD secretary for the final 10 months of the Biden administration. Todman left HUD
Senate confirms Andrew Hughes as HUD’s deputy secretary Read More »
The wave of migration set off by the COVID-19 pandemic pushed home prices through the roof in towns that had previously been relatively sleepy. While data shows that some narratives at the time proved to be a bit overstated, there’s no question that it reshaped housing markets across the country. A recent study from Point2Homes
These suburbs saw the largest increases in renters during the pandemic Read More »
Cara Petersen, who has served as the principal deputy enforcement director at the Consumer Financial Protection Bureau (CFPB) since late 2017, resigned this week with a letter that’s highly critical of the enforcement posture at the bureau under the new administration of President Donald Trump. Petersen’s resignation letter was obtained and initially reported on by
CFPB enforcement head resigns, citing ‘no intention to enforce the law’ Read More »
As the economic situation for many Americans continues to evolve due in part to the cost of housing, one Democratic member of the House of Representatives used her time on the floor Tuesday to call for more action to address rising housing expenses. Rep. Shontel Brown (D-Ohio) on Tuesday introduced a House Resolution calling for
House Democrats call for more action on US housing crisis Read More »