U.S. Rep. Adam Schiff (D-CA) has introduced the Government Facilities to Affordable Housing Conversion Act, a new bill designed to support the conversion of unused and underutilized federal, state, and local government-owned buildings into affordable housing units. If...
The California Dream for All program, a loan application for first-time home buyers, will allocate $250 million its second annual round beginning on April 3. According to a KQED report, last year’s inaugural cohort allocated roughly $300 million of funding within 11...
The Biden administration is staying out of the growing problem of homeowners having their properties taken over by squatters who can only be evicted through lengthy and costly legal proceedings. During yesterday’s White House news briefing, Press Secretary Karine...
According to a new data report that will not be welcome by those seeking to buy existing homes, more than three-quarters (78%) of older homeowners plan to stay in their current home as they age. A new survey of 3,000 homeowners and renters by Redfin (NASDAQ: RDFN),...
The U.S. recorded a new high of 550 “million-dollar” cities — where the typical home is worth $1 million or more — according to a data analysis by Zillow (NASDAQ:Z, ZG). This is 59 more from 2023. Zillow noted the typical U.S. home is worth 4.2% more than...
Single-family home prices were up in February by 5.5% year-over-year, according to new data from CoreLogic. On a month-over-over measurement, prices were up by 0.7%. Among states, South Dakota ranked first for annual appreciation in January (up by 13.8%), followed by...
Survey: Nearly Half of Americans Take NIMBY Approach to Data Centers
