Housing ‘A Major Affordability Crisis': Rents Climb as Tenants Return to Big Cities Considering incomes are lagging further behind fast-rising mortgage costs, tenants are facing some of the highest affordability challenges in the past 15 years
real estate Tips for Home Buyers in a Cooling Real Estate Market The housing market has been on a wild ride over the past two years, and if you’re not sure where things stand now, you’re not alone. Real estate agent Matt Templeton breaks down what to expect if you’re looking to buy or rent and how to get the best deal.
Housing Rents Are Climbing as Tenants Return to Cities Landlords are raising rents across the U.S., and prices are up significantly in cities like New York and Los Angeles. Some tenants are staying in one place longer and avoiding upgrades, while others are moving to downsize, according to Jeff Tucker, senior economist at Zillow, who joins LX News.
Housing Does This House Look Different? It Was 3D Printed Habitat for Humanity recently completed its first 3D-printed home in Tempe, Arizona. It’s a single-family dwelling with 1,738 square feet of livable space – and will be energy efficient in the desert heat. Dusty Parsons, chief marketing officer for Habitat for Humanity of Central Arizona, joins LX News to talk about the project, and how 3D-printed homes could alleviate the...
climate change Climate Change Will Force People Out of Their Homes — But Where Will They Go? Many seek the best places to live to avoid climate change—but do those places exist? And where will climate refugees go when the crisis forces them to relocate?
climate change ‘Climate Gentrification' Is Pushing Residents Out of Their Coastal Homes Sea level rise will force people to relocate to higher ground. But when that higher ground is already in demand, where do people go? That’s how climate change is accelerating gentrification, researchers say. NBCLX climate storyteller Chase Cain travels through Tampa and the Florida Keys to find out why.
climate change Is the Great Lakes Region Ready for an Influx of Climate Migrants? If you’re thinking about moving soon, you may have to start considering how climate change could affect the real estate you buy. But some regions have “climate amenities” like abundant freshwater and will be isolated from the effects of sea level rise. This Earth Week, Jalyn Henderson takes you to the Great Lakes region for more on the area’s future...
Housing Will the Housing Price Boom Finally Start to Slow Down? Inflation is at a 40-year high and interest rates are going up too. So potential homebuyers might need to set their sights on a cheaper home in a more affordable area, while other potential buyers might back out of the market for now, says Lawrence Yun, chief economist for the National Association of Realtors.
zillow Houses Are Selling Quicker in Most-Vaccinated Cities The COVID-19 vaccine has helped homes sell faster in some areas, a new study from Zillow shows. Cities with high vaccination rates are having more open houses and in-person contact that helps speed up the process. And the speed of home sales has led to a decline in rental vacancies, as people who can’t find a home to own look...
Housing After 12 People Died in a Fire in Philadelphia Public Housing, Expert Says It Could Happen Anywhere Many U.S. cities are facing hefty bills if they want to fix their aging public housing. Meanwhile, the need for homes outweighs supply, and some units can become crowded — which can be deadly.