From 2008 to 2011, renters’ housing costs increased almost 6%, while their income fell 3.2% according to the Center for Housing Policy. More than 26% of working renters spent at least half their income on housing in 2011, up from about 23% in 2008, writes Bloomberg Businessweek.
One reason: There just aren’t enough affordable rental units to go around. In 2010, there were 5.1 million more low-income families than there were affordable units.
Renters are facing a housing squeeze | HousingWire.
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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