news digest

Get the latest news.
We are all about housing.

Curated news articles on rental markets, affordable housing, policies and technological innovation in housing finance.

Bite-sized news summaries  by our editorial team, sourced from industry-leading newspapers both regional and national.
News Image
Chicago Sun Times
Nov 29, 2023

Chicago wrongly limited affordable housing with aldermanic prerogative, HUD says

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Chicago is facing criticism from federal investigators for hindering affordable housing by allowing City Council members to reject such developments in their wards, by using their aldermanic prerogative. The U.S. Department of Housing and Urban Development suggests that the aldermanic prerogative gives City Council members too much power to veto af...
News Image
The Washington Post
Nov 24, 2023

Where we build homes helps explain America’s political divide

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The law of supply and demand doesn't seem to be working in the context of the U.S. housing market. As prices hit record highs, available homes remain at record lows. We had visualized the demand and supply gap in our Housing Count project, so you can check out the status of this gap in your own counties. The recent surge in housing development, pa...
News Image
Housing Wire
Nov 22, 2023

Here’s what you can expect from the 2024 housing market

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The housing market is undergoing significant challenges, with 2023 expected to see the lowest home sales since 2010. Despite an anticipated increase in activity in 2024, transactions are projected to remain below average. Mortgage rates, after reaching a two-decade high in 2023, are expected to decrease in 2024 but will likely settle between 6% and...
News Image
The New York Times
Nov 21, 2023

New York City May Pay You to Build a ‘Granny Flat’ in Your Backyard

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
In a bold initiative to tackle New York's housing crisis, the city is adopting a novel approach: incentivizing homeowners to convert their garages and attics into additional living spaces by offering to pay them. NYCHPD Commissioner Adolfo Carrion Jr. announced on Nov 21, the launch of a new pilot program called “Plus One ADU”. The pilot program wi...
News Image
Forbes
Nov 3, 2023

Housing Market Predictions For 2023: When Will Home Prices Be Affordable Again?

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The housing market in November 2023 is characterized by surging mortgage rates, high home prices, and limited inventory. Mortgage rates have reached a 23-year high of 7.79%, causing a decline in existing-home sales for the fourth consecutive month. The Federal Reserve has paused its rate hikes, but experts are more concerned about the Fed's future ...
News Image
CNBC
Nov 2, 2023

National Association of Realtors CEO quits earlier than expected after federal lawsuit loss

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The National Association of Realtors is facing significant changes as CEO Bob Goldberg resigns earlier than expected, amid ongoing challenges. The association recently lost a federal lawsuit, being held liable for conspiring to artificially inflate commissions in the real estate market, resulting in a $1.78 billion damages award. This verdict may i...
News Image
HUD Press Release
Nov 2, 2023

FHA changes appraisal requirements for certain manufactured homes to enhance financing flexibility for borrowers

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The Federal Housing Administration (FHA) has announced updated appraisal requirements for the valuation of manufactured homes certified under Fannie Mae's MH AdvantageTM and Freddie Mac's CHOICEHome® programs. These updates, unveiled by Federal Housing Commissioner Julia Gordon at a conference in Chicago, align FHA appraisal requirements with indus...
News Image
The Hill
Oct 16, 2023

To build an affordable housing future, we must look to the past

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The United States faces a severe housing shortage, and while some state and local leaders are trying to address it through new construction, the article argues that rehabilitating and reusing older and historic buildings should be a crucial part of the solution. Approximately 40% of America's building stock is at least 50 years old, and many such s...
News Image
Associated Press
Oct 12, 2023

Newsom signs laws to fast-track housing on churches’ lands, streamline housing permitting process

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
California Governor Gavin Newsom signed a new law aimed at addressing the state's ongoing homeless crisis. The law allows religious institutions and nonprofit colleges to rezone their properties for low-income housing, bypassing local permitting and environmental review rules. This "YIGBY" (Yes in God's Backyard) initiative seeks to utilize surplus...
Get weekly hounsing content in your inbox!
Stay up-to-date with the most important news in bite-sized summaries! Industry-specific newsfeed, totally free!
Subscribe to newsletter
News Image
The New York Times
May 12, 2023

Build in the suburbs, solve the housing crisis

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Many in New York hoped that the final version of the state’s $229 billion budget would include provisions to prevent cities and towns from limiting themselves exclusively to the construction of single-family homes. However, the Governor's Housing Compact plan was abandoned when it proved too controversial to keep budget negotiations with the Legisl...
News Image
AZMirror
May 4, 2023

Facing a housing crisis, Arizona lawmakers propose overriding city control

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Arizona is short more than 200,000 homes to match demand and lawmakers proposed to fix that by changing local zoning regulations to make building easier, a strategy that has drawn heated opposition from cities across the state. Image credits - Unsplash...
News Image
The Real Deal
Apr 3, 2023

Florida’s affordable housing law could “change the look of coastal cities”

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Developers are analyzing how to take advantage of Florida’s new legislation, which will set aside over $700 million in funding, create tax breaks, and provide zoning-related incentives for affordable and workforce housing developments.  The law could contribute to a new boom in housing development, from entirely affordable buildings to mixed-income...
News Image
Spectrum News 1
Mar 25, 2023

Texas tops list of worst states for affordable and available housing

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The National Low Income Housing Coalition report shows Texas only has 29 available and affordable rental homes per 100 extremely low-income renters. The report ranks Houston, Dallas, and Austin in the top ten worst major metro cities for affordable housing. Source - iStockphotos...
News Image
Portland Mercury
Mar 13, 2023

Climate Change and the Housing Crisis are Burdening Portland’s Emergency Shelter System

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
With climate change making severe weather events more common and the area’s housing crisis increasing the number of people who need support, the operation of the shelters is taking an increasing toll on county and city officials and budgets, as well as the community volunteers whose labor the region relies on to run the shelters. Image credits - M...
News Image
Builders Patch
Jan 31, 2023

Governor Hochul’s statewide plan to tackle New York’s housing crisis copy

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
On January 10, 2023, Governor Kathy Hochul announced a statewide strategy to address New York’s housing crisis. This new plan, named The New York Housing Compact, aims to build 800,000 new homes over the next decade to meet the state’s historic housing shortage.‍ Hochul’s Compact would have boosted housing production in New York City’s suburbs, by...
News Image
Florida Policy Institute
Nov 3, 2022

Florida's Affordable Housing Crisis

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
In recent years, Florida has become one of the least affordable places to live in the nation, making affordable housing one of the top issues impacting Floridians. While the state’s reputation as a place for leisurely coastal living has made it a popular retirement destination for seniors, Florida has also seen an influx of young, high-earning prof...
News Image
Chicago Sun Times
Nov 29, 2023

Chicago wrongly limited affordable housing with aldermanic prerogative, HUD says

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Chicago is facing criticism from federal investigators for hindering affordable housing by allowing City Council members to reject such developments in their wards, by using their aldermanic prerogative. The U.S. Department of Housing and Urban Development suggests that the aldermanic prerogative gives City Council members too much power to veto af...
News Image
The Washington Post
Nov 24, 2023

Where we build homes helps explain America’s political divide

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The law of supply and demand doesn't seem to be working in the context of the U.S. housing market. As prices hit record highs, available homes remain at record lows. We had visualized the demand and supply gap in our Housing Count project, so you can check out the status of this gap in your own counties. The recent surge in housing development, pa...
News Image
The Hill
Oct 16, 2023

To build an affordable housing future, we must look to the past

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The United States faces a severe housing shortage, and while some state and local leaders are trying to address it through new construction, the article argues that rehabilitating and reusing older and historic buildings should be a crucial part of the solution. Approximately 40% of America's building stock is at least 50 years old, and many such s...
News Image
The New York Times
Aug 25, 2023

This Is Public Housing. Just Don’t Call It That.

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
For decades, Montgomery County has led the country in affordable housing innovations, including a landmark law that requires developers to set aside about 15 percent of the units in new projects for households making less than two-thirds of the area’s median income, which is now $152,100 for a family of four. The government agency in the area, th...
News Image
The Bulletin
Jun 3, 2023

Accountability, partnership and incentives needed to solve our housing crisis

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Gov. Kotek’s first promise upon taking office is to build 36,000 new homes annually to overcome our housing backlog and bring down costs of housing statewide. While the homebuilding industry adamantly supports this goal, we know that everyone will need to do their part to bring down the high costs of housing and rent that are impacting families acr...
News Image
Nevada Current
May 19, 2023

Local officials mostly mum on legislation granting them authority to address housing crisis

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
As rents skyrocketed in the aftermath of the pandemic and have continued squeezing Nevadans in the last year, local officials on numerous occasions stressed state law restricted them from taking action to address the housing crisis. Now given a chance to weigh in on legislation that would clarify their authority, local governments have been mostly ...
News Image
Multi-Housing News
May 17, 2023

How Will Florida’s ‘Live Local Act’ Impact Affordable Senior Housing Development?

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
"Florida Senate Bill 102 is among the most impactful legislation to stimulate the new construction of affordable housing that’s taken effect in Florida. The bill increases funding availability and provides important incentives to make affordable housing more feasible. However, Senate Bill 102 alone is not a silver bullet. Without increased engageme...
News Image
AZMirror
May 4, 2023

Facing a housing crisis, Arizona lawmakers propose overriding city control

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Arizona is short more than 200,000 homes to match demand and lawmakers proposed to fix that by changing local zoning regulations to make building easier, a strategy that has drawn heated opposition from cities across the state. Image credits - Unsplash...
News Image
Portland Mercury
Mar 13, 2023

Climate Change and the Housing Crisis are Burdening Portland’s Emergency Shelter System

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
With climate change making severe weather events more common and the area’s housing crisis increasing the number of people who need support, the operation of the shelters is taking an increasing toll on county and city officials and budgets, as well as the community volunteers whose labor the region relies on to run the shelters. Image credits - M...
News Image
Housing Wire
Sep 13, 2023

Amazon Housing Equity Fund partners with National Housing Trust for affordability pilot program

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Retail giant Amazon announced on Wednesday the launch of a new pilot program designed to assist moderate-income families in three different U.S. communities with the purchase of up to 800 homes, in partnership with the National Housing Trust (NHT). The initiative will include $40 million to assist residents in the Puget Sound, Washington, Arlingto...
News Image
The Real Deal
Apr 3, 2023

Florida’s affordable housing law could “change the look of coastal cities”

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Developers are analyzing how to take advantage of Florida’s new legislation, which will set aside over $700 million in funding, create tax breaks, and provide zoning-related incentives for affordable and workforce housing developments.  The law could contribute to a new boom in housing development, from entirely affordable buildings to mixed-income...
News Image
Portland Mercury
Mar 13, 2023

Climate Change and the Housing Crisis are Burdening Portland’s Emergency Shelter System

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
With climate change making severe weather events more common and the area’s housing crisis increasing the number of people who need support, the operation of the shelters is taking an increasing toll on county and city officials and budgets, as well as the community volunteers whose labor the region relies on to run the shelters. Image credits - M...
News Image
Housing Wire
Nov 22, 2023

Here’s what you can expect from the 2024 housing market

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The housing market is undergoing significant challenges, with 2023 expected to see the lowest home sales since 2010. Despite an anticipated increase in activity in 2024, transactions are projected to remain below average. Mortgage rates, after reaching a two-decade high in 2023, are expected to decrease in 2024 but will likely settle between 6% and...
News Image
Forbes
Nov 3, 2023

Housing Market Predictions For 2023: When Will Home Prices Be Affordable Again?

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The housing market in November 2023 is characterized by surging mortgage rates, high home prices, and limited inventory. Mortgage rates have reached a 23-year high of 7.79%, causing a decline in existing-home sales for the fourth consecutive month. The Federal Reserve has paused its rate hikes, but experts are more concerned about the Fed's future ...
News Image
CNBC
Nov 2, 2023

National Association of Realtors CEO quits earlier than expected after federal lawsuit loss

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The National Association of Realtors is facing significant changes as CEO Bob Goldberg resigns earlier than expected, amid ongoing challenges. The association recently lost a federal lawsuit, being held liable for conspiring to artificially inflate commissions in the real estate market, resulting in a $1.78 billion damages award. This verdict may i...
News Image
Reuters
Sep 14, 2023

A third of would-be buyers cannot find affordable US homes, industry surveys show

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
In a recent survey conducted by the National Association of Realtors, 34% of real estate agents' clients who were yet to secure a home, reported that scarcity of affordable properties in the market was their primary obstacle to homeownership. An additional 18% stated that their customers were biding their time for a decrease in interest rates. Ins...
News Image
Housing Wire
Sep 13, 2023

Amazon Housing Equity Fund partners with National Housing Trust for affordability pilot program

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Retail giant Amazon announced on Wednesday the launch of a new pilot program designed to assist moderate-income families in three different U.S. communities with the purchase of up to 800 homes, in partnership with the National Housing Trust (NHT). The initiative will include $40 million to assist residents in the Puget Sound, Washington, Arlingto...
News Image
Propmodo
Sep 7, 2023

The Impact of Rising Multifamily Insurance Rates on Rent

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Property insurance rates continue to soar as insurers aim to mitigate massive losses amid the increasing number of devastating climate change-related disasters. Coastal states like Florida and California are bearing the brunt of the rising insurance costs as wildfires, hurricanes, and storms go on the rise, and fears of earthquake damage remain eve...
News Image
Housing Wire
Aug 28, 2023

Single-family rent increases 3.3% year over year in June: CoreLogic

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
In a recent update from property data provider CoreLogic, it's revealed that U.S. single-family rents recorded a 3.3% year-over-year increase in June, marking the smallest rise since autumn 2020.    The CoreLogic Single-Family Rent Index (SFRI), which tracks rent changes nationally and in major metro areas, reported a shift in June. Rent growth for...
News Image
The Texas Tribune
May 24, 2023

Bills to build more homes — and lower housing costs — fail quietly in final days of the Texas Legislature

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Although Texas builds more homes than any other state, it’s not building enough to keep up with its massive population and economic growth, leading to historically high housing costs, according to housing advocates, builders and real estate experts. By some estimates, the state is short hundreds of thousands of homes.A sweeping agenda to slow Texas...
News Image
The New York Times
May 12, 2023

Build in the suburbs, solve the housing crisis

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Many in New York hoped that the final version of the state’s $229 billion budget would include provisions to prevent cities and towns from limiting themselves exclusively to the construction of single-family homes. However, the Governor's Housing Compact plan was abandoned when it proved too controversial to keep budget negotiations with the Legisl...
News Image
AZMirror
May 4, 2023

Facing a housing crisis, Arizona lawmakers propose overriding city control

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Arizona is short more than 200,000 homes to match demand and lawmakers proposed to fix that by changing local zoning regulations to make building easier, a strategy that has drawn heated opposition from cities across the state. Image credits - Unsplash...
News Image
The New York Times
Nov 21, 2023

New York City May Pay You to Build a ‘Granny Flat’ in Your Backyard

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
In a bold initiative to tackle New York's housing crisis, the city is adopting a novel approach: incentivizing homeowners to convert their garages and attics into additional living spaces by offering to pay them. NYCHPD Commissioner Adolfo Carrion Jr. announced on Nov 21, the launch of a new pilot program called “Plus One ADU”. The pilot program wi...
News Image
HUD Press Release
Nov 2, 2023

FHA changes appraisal requirements for certain manufactured homes to enhance financing flexibility for borrowers

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The Federal Housing Administration (FHA) has announced updated appraisal requirements for the valuation of manufactured homes certified under Fannie Mae's MH AdvantageTM and Freddie Mac's CHOICEHome® programs. These updates, unveiled by Federal Housing Commissioner Julia Gordon at a conference in Chicago, align FHA appraisal requirements with indus...
News Image
Associated Press
Oct 12, 2023

Newsom signs laws to fast-track housing on churches’ lands, streamline housing permitting process

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
California Governor Gavin Newsom signed a new law aimed at addressing the state's ongoing homeless crisis. The law allows religious institutions and nonprofit colleges to rezone their properties for low-income housing, bypassing local permitting and environmental review rules. This "YIGBY" (Yes in God's Backyard) initiative seeks to utilize surplus...
News Image
Housing Wire
Oct 12, 2023

Housing industry pleads with Biden administration to narrow the mortgage spread

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
A coalition of trade associations, including CHLA, NAR, and ICBA, has called on the Biden administration to address the historically large spread between 30-year mortgage rates and 10-year Treasuries. The spread, currently over 300 basis points, far surpasses the historic norm of around 150 basis points. The trade groups have urged the Federal Rese...
News Image
The Texas Tribune
May 24, 2023

Bills to build more homes — and lower housing costs — fail quietly in final days of the Texas Legislature

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Although Texas builds more homes than any other state, it’s not building enough to keep up with its massive population and economic growth, leading to historically high housing costs, according to housing advocates, builders and real estate experts. By some estimates, the state is short hundreds of thousands of homes.A sweeping agenda to slow Texas...
News Image
Nevada Current
May 19, 2023

Local officials mostly mum on legislation granting them authority to address housing crisis

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
As rents skyrocketed in the aftermath of the pandemic and have continued squeezing Nevadans in the last year, local officials on numerous occasions stressed state law restricted them from taking action to address the housing crisis. Now given a chance to weigh in on legislation that would clarify their authority, local governments have been mostly ...
News Image
The New York Times
May 12, 2023

Build in the suburbs, solve the housing crisis

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Many in New York hoped that the final version of the state’s $229 billion budget would include provisions to prevent cities and towns from limiting themselves exclusively to the construction of single-family homes. However, the Governor's Housing Compact plan was abandoned when it proved too controversial to keep budget negotiations with the Legisl...
News Image
Builders Patch
Jan 31, 2023

Governor Hochul’s statewide plan to tackle New York’s housing crisis copy

AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
On January 10, 2023, Governor Kathy Hochul announced a statewide strategy to address New York’s housing crisis. This new plan, named The New York Housing Compact, aims to build 800,000 new homes over the next decade to meet the state’s historic housing shortage.‍ Hochul’s Compact would have boosted housing production in New York City’s suburbs, by...

Let's Get in Touch with Latest Housing News

HousingCount

Decoding the housing crisis

A public data project to track and analyze the rental housing shortage across the country, highlighting where additional units are needed most.

Shortage statistics for households earning Under 50% AMI
21
states with severe shortage
75%
of households rent-burdened
4.5M
total shortage of affordable units
Blog articles
Take a deep dive into housing market analytics, report summaries, customer interviews, product notes, and more through our original contents.
White papers
Find out how innovative new software, AI data extraction, and automized analytics is transforming commercial real estate finance, loan underwriting and asset management.
Strict standards. Bank-grade security.
Your data stays safe with us at all times.