Why it’ll take a village to solve housing affordability woes

The lack of affordable housing is an issue that requires the work of the wider institutional and public community: Major corporations, nonprofits, small businesses, individuals and the government all must contribute time, energy and funds to solve this… Continue reading

Google’s big Bay Area housing investment won’t be enough

Economists praised the tech giant’s plan to spend $1 billion on Bay Area housing, but expressed skepticism that the efforts will solve the region’s housing crisis. Continue reading

Google vows to invest $1B on new housing in Silicon Valley

The search giant wants to use Google land to build 15,000 homes, and spent $250 million on a fund to support affordable housing. Continue reading

Builder confidence dips slightly but remains solid in June: NAHB

Builder confidence for newly built single-family homes fell two points to 64 in June, according to data released Thursday by the National Association of Home Builders. Continue reading

Wells Fargo pledges $1B to fight housing affordability crisis

Wells Fargo will be putting $1 billion toward various affordable housing initiatives, such as housing affordability, financial health and small business growth, from now into 2025. Continue reading

Wells Fargo hires mortgage tech chief from JP Morgan

Steve Hagerman will serve as Wells Fargo’s head of consumer lending technology and will be responsible for the bank’s new and emerging technology platforms. Continue reading

Builder confidence rises due to demand and limited supply: NAHB

Builder confidence for newly built single-family homes rose three points to 66 in May, according to the latest data from the National Association of Home Builders.  Continue reading