HOUSING

Feb 06 2025BUSINESS

Texas: A State Going Through A Huge Population Surge

Texas has seen a massive population growth in recent years. More than two million people have moved to the state since 2020. In 2024 alone, nearly 563, 000 people made the move to the Lone Star State. Texas now has a population of 31. 29 million people. This population explosion is due to many fac

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Jan 27 2025BUSINESS

Housing Market Woes: Bank of America Cools on D. R. Horton

Bank of America has given D. R. Horton a reality check, downgrading its stock from "buy" to "neutral. " Analyst Rafe Jadrosich now expects the homebuilder to face tough times ahead, with a target price of $150 per share, just a 5% increase from its current value. High interest rates and rising input

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Jan 25 2025BUSINESS

Why Is Buying a Home So Tough These Days?

Last year, Americans bought the fewest homes in nearly 30 years. It's not because people don't want to buy homes; it's because many can't afford to. High housing prices, not enough homes for sale, and rising mortgage rates are making it very hard, especially for first-time buyers. Experts say these

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Jan 24 2025BUSINESS

Why Are Fewer People Buying Homes in the US?

In 2024, American home sales hit a new low, falling to numbers not seen since 1995. The reason? Sky-high home prices and high mortgage rates are making it tough for people to buy homes. Previously owned homes, which make up most of the market, saw a total of only 4. 06 million sales last year. That'

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Jan 24 2025POLITICS

Moving Homeless Residents: Safety Concerns at Elgin School

This week, some parents at Elgin Math and Science Academy (EMSA) raised serious concerns about safety after the city moved homeless residents to a hotel right across the street from the school. The city decided to relocate around 40 people from a long-standing homeless camp along the Fox River to th

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Jan 24 2025POLITICS

Healey's New Budget: Sweet Taxes, Hospital Shifts, and Transit Boosts

Governor Maura Healey recently unveiled her budget plan for the next fiscal year, and it's a mix of investments and tough calls. The $62 billion proposal aims to boost various areas like education and housing. One big change? Taxing candy and cutting mental health jobs. The budget also looks at clos

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Jan 22 2025POLITICS

Does Trump's Plan Really Make Homes Cheaper?

President Donald Trump has a plan to make homes more affordable by cutting regulations. But is it as simple as it sounds? Let's dive in! First, regulations: Trump thinks high home prices are due to regulations. He's right that regulations can add costs. However, many of these rules are set by state

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Jan 17 2025ENVIRONMENT

Why California Keeps Rebuilding in Fire Zones

California has a tough balancing act between addressing its housing crisis and managing wildfire risks. For decades, people have built homes in fire-prone areas, only to rebuild in the same spots after fires. This cycle repeats because of California's severe housing shortage. Despite the risks, more

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Jan 16 2025ENVIRONMENT

Housing Crisis in California: A Tough Lesson from Recent Fires

California's housing market was already in a tight spot before the recent wildfires. Now, with tens of thousands of families evacuated and struggling to find rental homes, the situation is even tougher. The rental market in Los Angeles and other affected areas was already stretched thin, with vacanc

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Jan 16 2025POLITICS

Making NYC Affordable: 40 Fresh Ideas

New York City's affordability crisis is real, with many residents struggling to make ends meet. We gathered diverse perspectives, from experts to everyday New Yorkers, to brainstorm big and small ideas that could make the city more affordable. Here are some standout suggestions that could shape city

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