Rising rents contribute to increase homelessness, Zillow says

Rising rents across the country are burdening financially limited renters, and contributing to higher rates of homelessness in many of the nation’s least affordable markets. The U.S. Department of Housing and Urban Development (HUD) estimates that 553,752 people nationwide experienced homelessness in 2017, based on a point-in-time count in January. Since 2010, the counted homeless

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Federal Reserve opts not to raise interest rates in November meeting

The Federal Reserve says it won’t be raising interest rates following its November meeting. The meeting of the Federal Open Market Committee took place last week, before the announcement Thursday that it will not raise the federal funds rate. The committee said it has decided to maintain its target range of between 2 and 2.25

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Here’s why Amazon’s HQ2 will benefit your city

Whatever city Amazon.com Inc. selects to host its second headquarters is set to see an immediate construction boom in areas close to its new campus. In addition, real estate experts say that existing homes will likely see a rapid price hike.

NAHB blames labor shortage for rising home prices

Labor shortages in the construction industry are being blamed for home price increases

Rental markets show signs of slowing down, Zillow says

Rents across the country rose 0.7 percent from last March, the slowest rate of appreciation since November 2012, as new construction began to meet renter demand and soften the market.

Renters in Seattle, Los Angeles, and Boston need biggest income boost to keep up with rising rents

Renters living in Seattle, Los Angeles, and Boston need the biggest income increases in 2017 to keep up with rising rents

How will the Fed’s latest interest rate hike impact housing?

The Federal Open Market Committee announced in its highly anticipated December meeting that it is finally raising the federal funds rate for the first time since exactly a year ago.

HELOC borrowers could soon find their payments increase

Homeowners who have home equity lines of credit, called HELOCs, could be in for a nasty shock when their monthly payments increase suddenly.

Redfin Survey: Buyers Unfazed by Looming Mortgage Rate Increase

The vast majority of homebuyers expect mortgage rates to rise in the coming months, but just 6 percent consider rates a top concern, according to a survey of more than 1,100 homebuyers conducted by Redfin

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