Chester County News and Community Website
SEATTLE, WA — Despite a surge in construction during the pandemic, the U.S. housing shortage deepened in 2022, growing to 4.5 million homes from 4.3 million the previous year, according …
U.S. Housing Shortage Worsens Amid Construction Boom Read More
WASHINGTON, D.C. — Wednesday saw a significant stride towards confronting the housing crisis facing America. Senator John Fetterman (D-PA) and Rep. Lisa Blunt Rochester (D-DE) introduced the Reducing Regulatory Barriers …
The Reducing Regulatory Barriers to Housing Act Unveiled: A Step Toward Solving the US Housing Crisis Read More
SEATTLE, WA — In a striking contrast to national trends, New York City has emerged as the U.S. metro area with the largest gap between rent and wage growth, highlighting …
New York City Faces Nation’s Largest Rent-to-Wage Growth Gap Read More
SANTA CLARA, CA — The latest Realtor.com® Rental Report reveals a continuing trend of declining rent prices across the United States, with March marking the eighth consecutive month of decreases. …
U.S. Rental Market Shows Signs of Resilience Despite Continued Declines Read More
SEATTLE, WA — A recent study by Zillow has highlighted enduring disparities in housing affordability across the United States, with Black, Indigenous, and People of Color (BIPOC) renter households facing …
New Report Reveals Persistent Racial Disparities in Housing Affordability Read More
The dream of owning a home in America has become significantly more expensive. Since 2020, income levels needed to comfortably afford a home have surged by 80%, outpacing the median …
Soaring Home Prices Outpace Income Growth, Redefining Affordability Read More Mortgage rates, dipping from a 23-year high, have ushered in an early festive season for home buyers and sellers alike. Zillow’s latest market report reveals a decline in monthly costs …
Report: Falling Mortgage Rates and Price Cuts Bring Respite to Home Buyers Read More
U.S. Senator Bob Casey (D-PA) and U.S. Representative Rosa DeLauro (D-CT-3) have introduced the Eviction Prevention Act this week, aiming to address rising housing instability. The proposed legislation seeks to …
Eviction Prevention Act Introduced to Combat Housing Instability Read More
Realtor.com has released its 2024 Housing Forecast, revealing that lower mortgage rates and easing home prices could spark the beginning of an affordability turnaround. However, the supply of existing homes …
2024 Housing Forecast Reveals Potential Turnaround in Affordability Despite Tight Supply Read More