#housing-industry-crisis

#housing-industry-crisis

According to the report, the program has cost $300 million, but 40% of those housed have returned to the streets. Bass has defended the program, saying it's led to a nearly-20% reduction in homelessness.

Barratt Redrow stated, 'Now, with a less certain backdrop, given recent geopolitical events and their likely impact on mortgage rates and build cost, we are being even more selective.'

The Homekey project at 1237 San Antonio Road has been in the works since fall 2023, when city and state leaders touted its importance in addressing the local and regional housing crisis.

Many people successfully purchase homes while still carrying student debt. What matters most isn't whether you have debt, it's how well you manage it.

Without the half-percent sales tax increase, which would generate an estimated $9 million per year for the city's general fund if voters approve it this November, Berkeley could face deeper cuts including shuttering a fire station, laying off police officers and reducing hours at city pools and recreation centers.

One resident of Princeton's Western Section told the room, 'Those of us who own historic homes are subsidizing the community' - and was met with applause.

The cost rose a lot following the pandemic. And some of that was supply chain issues that really increased the costs, and then they didn't quite come back down. And now tariffs are also impacting some products. These costs are part of the reason the amount of new rental housing stock is shrinking.

By comparing home values, mortgage rates and household incomes, Attom determined the share of income devoured by a home purchase. Splitting those 36 counties into three slices helps show how the homebuying burden has changed from 2025's fourth quarter to Not-so-recent lows in buying's financial burden - a decade-plus ago, just after the Great Recession slashed prices. Yes, affordability may be improving in early 2026, but these figures highlight how far affordability has fallen.