Tag Archives: housing shortage

Rising wages and job growth pushed pending home sales up slightly in May

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New numbers from the National Association of Realtors show that pending sales rose 1.1 percent year over year in May. Continue reading →

Spanish court rules against Airbnb, orders shutdown of 66K listings

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The short-term rental platform vowed to appeal the ruling on Monday and said it would keep the listings active while it battles the latest push to enact strict rules amid an acute housing shortage. Continue reading →

Housing starts beat expectations in February but headwinds loom

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Privately owned housing starts rose 11.2 percent but still fell behind February 2024 activity, according to data released Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading →

The US is short 3.8M homes — Realtor.com wants to fix that

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Despite builders’ best efforts, America’s 3.8 million housing gap won’t be closed until 2032, according to a new analysis. Realtor.com is aiming to expedite that timeline with a new zoning campaign. Continue reading →

New-home sales plunge 10.5%, fall below expectations

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Sales of newly built single-family homes declined during January, falling well below consensus estimates, according to data released Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading →

LoanDepot partners with factory homebuilder Onx Homes

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With listings scarce and refinancings sluggish, the strategy of partnering with homebuilders to form joint ventures like Onx X+ Mortgage is to grow loanDepot’s purchase loan business. Continue reading →

ADUs take center stage as Los Angeles housing goes up in smoke

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As wildfires rage across California, destroying over 9,000 homes and displacing thousands of residents, accessory dwelling units (ADUs) have emerged as a critical housing solution five years after being approved in Los Angeles. ADUs, also known as gran… Continue reading →

6 stories readers might have missed while eating Thanksgiving leftovers

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Whether you were stuffing your face with pumpkin pie or breaking up a brawl between brothers who aren’t on speaking terms, here are the top stories you might have missed this weekend. Continue reading →

Los Angeles wants to ban iBuying

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Amid an ongoing housing shortage and rapid price appreciation, Los Angeles city lawmakers are now searching for ways to thwart iBuyers in their city. Continue reading →

Architect resigns over billionaire’s vision for windowless dorm rooms

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Dennis McFadden, a consulting architect at the University of California Santa Barbara, resigned, calling the dorm plans a “social and psychological experiment.” Continue reading →