Homeowners see slower capital gains as housing market cools
LOS ANGELES — Homeowners’ equity rose to record levels in the first half of this year, though its growth rate is slowing as the housing market cools. Median homeowner value…
Chicago realtors say local housing market remains strong despite rising interest rates
Home sales across the country have slowed in recent months as interest rates began to rise, but Chicago realtors say the local market is still active enough for buyers to…
City Council backs Chicago Fire football training facility on CHA land, reversing earlier vote and objections from some public housing advocates
City Council members rejected and then approved a controversial plan to put a training facility for the Chicago Fire football team on Chicago Housing Authority land, an extraordinary change that…
New York Investor Buys South Side Affordable Housing Development, Promises Change
Jonathan Rose Cos. acquired Barbara Jean Wright Court Apartments, a troubled 272-unit affordable housing complex nestled between the University of Illinois at Chicago and the Pilsen neighborhood, for $17.5 million…
Mortgage rates hit 6%, for the first time since the 2008 housing crash
US long-term average mortgage rates rose more than 6% this week for the first time since the 2008 housing crash, threatening to drive more buyers out of a rapidly cooling…
US home sales fell again in July as housing slowdown deepens
LOS ANGELES (AP) — U.S. previously occupied home sales slowed for the sixth straight month in July, deepening the housing market’s slump under the weight of sharply higher mortgage rates,…
Why solving Australia’s housing crisis should be a national priority
Oceania | Economy | Oceania Sydney has the second least affordable real estate market in the world, and it’s not much better in other parts of the country. Commercial Australia…
Digitunity and the Jersey City Housing Authority to donate over 300 computers to youth
NORTH CONWAY, NH, July 27, 2022 (WORLD NEWS CABLE) — digitality and the Jersey City Housing Authority will deliver 75 computers to young people who need them for their education,…
16 Chicago Housing Authority Workers Fired for PPP Pandemic Loan Fraud; 17th person resigned
Sixteen Chicago Housing Authority employees were fired and one resigned after an internal investigation found they committed federal program fraud when they submitted falsified Paycheck Protection Program applications to receive…
Chicago Plan Commission Approves Uptown Senior Housing Project
The Chicago Plan Commission on Thursday approved a $150 million plan to renovate a landmark Uptown school building into hundreds of lakefront apartments, while adding a residential tower for seniors…