United States Department of Housing and Urban Development
Does America Need New Homes?
On Tuesday, The Wall Street Journal’s Kelly Evans delivered stark news to recent homeowners. She reported that “since house prices peaked in 2006, the average home equity loss is $105,000 per homeowner.” Evans was reacting to the latest Case-Shiller report, which showed that between February and March, housing prices dropped in 18 out of 20 major metro […]
New Lead-Free Rules: Get the Lead Out
According to new federal right-to-know regulations, all leases and sales contracts need to include information on known lead hazards; homes may be tested before purchase; and pamphlets on testing are to be provided to tenants. David Jacobs, Director of the Office of Lead Hazard Control at HUD (Housing and Urban Development) speaks with Steve Curwood […]
Transportation costs make some dream homes costly nightmares
Found your dream home out in the suburbs at a fantastic price? It may not be as cheap as you think. According to a new study, when you factor in the costs of transportation, only a third of America’s neighborhoods are actually considered affordable.