The housing market is changing. More apartments are being built, but fewer people are renting them. This is pushing rent prices down. In November, the average rent for an apartment in the U. S. was $1, 367. This is a 1% drop from October. It's also down 1. 1% from November 2024. Rents have fallen 5.
In a recent legal showdown, a California court backed Santa Rosa's plan to sell a downtown parking garage. The case, which started nearly three years ago, was all about whether the city followed the rules in declaring the garage as surplus property. The garage, known as Garage 5, is located on Thir
Maine is struggling with a housing crisis that's affecting everyone. From young adults to families, people are finding it hard to afford homes. But it's even worse for those with low incomes or facing challenges like disabilities or addiction. For them, finding affordable housing can mean the differ
Anchorage is in the midst of a heated debate about housing and neighborhoods. The proposed Transit-Supportive Development Overlay (TSDO) ordinance has sparked intense discussions. While some see it as a way to create more affordable housing, others worry about the impact on their neighborhoods. The
The economic landscape has shifted, leaving many young people struggling to keep up. Rising housing costs and tough job markets are making it hard for them to achieve the same lifestyle as previous generations. This affordability crisis is a growing concern, with experts on both sides of the politic
In Hong Kong, a devastating fire has left many families in mourning. The blaze, which engulfed a high-rise apartment complex, has claimed at least 128 lives, with over 200 people still missing. The complex, Wang Fuk Court, was home to many elderly residents. In fact, more than a third of its inhabit
Ever thought about how your home life might affect your health as you get older? It turns out, the way you've lived in your home over the years can have a big impact. Researchers have been looking into this and found some interesting stuff. First off, it's not just about where you live now. It's ab
The UK housing market might be looking at a brighter future. After a period of uncertainty, the recent budget has given some clarity. This could encourage more people to buy homes. The budget didn't change stamp duty, the tax paid when buying a home. This is good news for buyers. Better debt foreca
A new hotline has been set up to help residents of public housing report crimes and illegal activities. The Department of Housing and Urban Development (HUD) introduced this initiative to address concerns about safety and illegal immigration in public housing areas. Residents can now call 1-800-347
RealPage, a company that makes software for landlords, has agreed to change how it works after a big legal fight. The Department of Justice said the software helped landlords work together to raise rents unfairly. This is called "algorithmic collusion. " The deal means RealPage can't use the latest
