California legislator proposes $1.25B affordable housing bill

United States Representative Adam Schiff (D-Calif.) is taking another shot at solving America’s housing crisis, this time through a proposal to convert government-owned buildings into affordable rental housing.

The Affordable Housing Conversion Act … Continue reading

Housing Secretary Marcia Fudge stepping down March 22

The surprise announcement comes as the Biden administration rolls out a $7.3 trillion budget proposal that would provide $258 billion to expand access to affordable housing. Continue reading

Need a roomie? Zillow now allows you to list single rooms for rent

Landlords now have the ability to list single rooms for rent on Zillow, as affordability concerns relegate more renters to living with roommates. Continue reading

Hawaii legislator floats bill banning foreign buyers from island

Hawaii State Senator Brenton Awa has presented a bill aimed at banning foreign buyers from purchasing or investing in property on the island. The senator said the bill, if passed, would be an important to improving affordability for residents. Continue reading

Prank? Protest? Graffitied LA high-rise sparks housing crisis debate

A group of graffiti artists tagged Oceanside Plaza, an unfinished downtown LA luxury high-rise located near the site of the 2024 Grammy Awards. The artists haven’t spoken about their motives, but the art has brought attention to the shortage of afforda… Continue reading

Dave Umphress’ Flourish Real Estate Network leaves KW for Real

The $1 billion in career sales network, which Umphress first launched in 2012, operates in most major Colorado markets and Austin, but has goals of ultimately expanding nationwide. When Umphress first created the group, it was part of a Colorado Keller… Continue reading

Could offices hold the key to America’s housing shortage?

Fifth Wall co-founder Brendan Wallace and VTS CEO Nick Romito discussed the bounce between office and remote work and transforming America’s empty offices into extra housing during ICNY. Continue reading

How this Florida legislation could lead to more sustainable housing

Attorney and new Inman Contributor Rachel Streitfeld examines how changes to Florida’s zoning laws could free up vast tracts of land for high-density new home construction. Continue reading

Lennar fights high home prices with 3 new mid-range models

The homebuilder announced today the release of three new affordable floor plans for homebuyers in California’s Central Valley. Real estate agents in Shafter, Fresno and Clovis will be able to recommend the mid-$300,000 homes after the New Year. Continue reading

How the Sitzer | Burnett decision hurts minority homebuyers

According to Keller Williams Head of Inclusion and Belonging Julia Lashay Israel, the Sitzer | Burnett commission case is not just about changes in agent commissions; it is about the broader implications for the accessibility of homeownership, esp… Continue reading