Aleksandarnakic | E+ | Getty Images A construction boom in the U.S. has resulted in lower rents and other benefits for renters. Record-construction activity since the pandemic has increased the supply of empty units, meaning more inventory is available for renters. More multi-family units were completed in June than in any month in nearly 50 … Read more
d3sign | Moment | Getty Images Inflation continued to retreat in July, aided by easing price pressures for consumer staples like food and energy and physical goods like new and used cars. The consumer price index, a key inflation gauge, rose 2.9% in July from a year ago, the U.S. Department of Labor reported Wednesday. … Read more
Much energy and effort is spent on reducing carbon emissions in the fight against global warming, but methane, while less abundant, is more destructive to the planet. It is far more efficient than carbon at trapping heat. Getting rid of it is essential to reaching global climate goals. Methane is emitted from, among other things, … Read more
Amanda has been without a fixed address multiple times over multiple years, feeling isolated and unable to reach out for help. But one conversation changed her life and became a lifeline during a dark period. The 42-year-old, who did not want her surname published, was most recently without a fixed address in 2020. Know the … Read more
Democratic vice presidential candidate and Minnesota Governor Tim Walz (L), and Republican Vice Presidential candidate Sen. JD Vance (R-OH). Getty Images Housing Affordable housing is an important topic for many Americans and both Walz and Vance have addressed the issue. In May 2023, Walz signed housing legislation that included $200 million in down payment assistance. … Read more
An aerial view shows a subdivision that has replaced the once rural landscape in Hawthorn Woods, Illinois. Scott Olson | Getty Images Mortgage interest rates dropped last week to the lowest level since May 2023, causing a surge in mortgage demand from both homebuyers and especially current homeowners. Total mortgage application volume rose 6.9% last … Read more
Record inflation may have people questioning whether homeownership is still a good investment. Home prices have been rising faster than incomes, which can be a problem for homeowners because as the value of a home rises, so does the cost to maintain it. More than 1 in 4 homeowners with mortgages are considered “cost-burdened,” meaning … Read more
An urgent plea has been issued to stop tens of thousands of Australian children and young adults falling into a life of homelessness, as new data reveals the extent of the housing crisis. An estimated 120,000 Australians do not have a home and nearly 46,000 are children or young adults aged up to 24 years, … Read more
A for sale sign in front of a home in Arlington, Virginia, on August 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the lowest rate since April 2023. The 15-year fixed … Read more
A view of flooded streets after 24 hours of continuous heavy rain over Fort Myers, Florida, United States on June 13, 2024. Anadolu | Anadolu | Getty Images Consumers preparing to renew their homeowners insurance policy may experience some unexpected sticker shock. Between May 2022 and May 2023, home insurance prices rose an average of … Read more
