Renting is now cheaper than owning in most of the country

Jan 20, 2023
A new report from ATTOM says it's now cheaper to rent than own a place in most parts of the country.
A new report says that renting a place in most of the country has become cheaper per month than owning. 
Frederic J. Brown/AFP via Getty Images

Young adults are driving a boom in household growth

Jan 18, 2023
A growing proportion of the housing market is being taken over by millennials, according to new data.
The housing market is becoming increasingly flush with younger buyers, many of them millennials, according to new housing data.
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3 real estate agents on the cooling U.S. housing market

Jan 17, 2023
“I don’t know what this year is going to bring,” said one experienced Montana agent.
After a sizzling few years, there's a chill in the U.S. housing market, and mortgage rates have been volatile. Above, downtown Truckee, California.
Courtesy David Westall

Shelter costs rose in December while the Consumer Price Index declined. Why?

Jan 12, 2023
Today’s inflation report showed that both the rent and owner-equivalent rent indexes rose 0.8% in December.
Rents fell .8% nationally in December, according to data from Apartment List. Yet rents in the CPI rose by .8% last month,
Joe Raedle/Getty Imagea

Like other banks before it, Wells Fargo pulls back from mortgage biz

Jan 11, 2023
It used to be the top mortgage lender in the country.
Wells Fargo used to be the top mortgage lender in the country. Now it's retreating from the business as nonbank lenders gain market share.
Michael M. Santiago/Getty Images

What does it take to lift a house? A lot of money, sweat and hydraulic jacks.

Jan 9, 2023
The business of elevating homes is growing as sea-level rise and wetter storms increase flood risk in many parts of the country.
This house in Slidell, Louisiana, is about to be lifted more than 8 feet.
Amy Scott/Marketplace

Facing regular floods, a Louisiana town builds higher

Jan 4, 2023
Residents see Mandeville as a model for other at-risk communities.
Leonard and Becky Rohrbough stand in front of their lakefront house, which was elevated in 2016 to protect against flooding.
Amy Scott/Marketplace

For public good, not for profit.

Indiana group helps mothers recently released from prison find housing and jobs

Jan 3, 2023
Mothers on the Rise shows women how to navigate challenges that can arise for people with prison records.
From left, Savannah May, a formerly incarcerated mother, meets with Ashley Mager, project coordinator of Mothers on the Rise, to check in about work, supplies for May's toddler son and other concerns.
Alisa Roth

High mortgage rates, recession fears: Who actually wants to buy a house in 2023?

Dec 29, 2022
Pending home sales have dipped, and economists expect the market to continue to droop.
"Overall annual sales next year will be lower," said Lawrence Yun of the National Association of Realtors. 
Brendan Smialowski/AFP via Getty Images

The housing market was a roller coaster ride this year

Dec 21, 2022
Those looking to buy have spent much of 2022 adjusting and readjusting to higher mortgage rates.
This week's housing numbers weren't a good sign for the market, but there's hope a slowing of interest rate hikes could breathe life back into the sector.
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