home ownership
Fewer people are moving as interest rates, rents rise
This story originally appeared in Stateline, an initiative of The Pew Charitable Trusts. Most people move during the spring and summer months, but many would-be movers stayed put this May and June amid higher interest rates and rising rents, according to change-of-address data from the U.S. Postal Service. Every state saw fewer people moving in […]
Record rent increases, low wages are driving an eviction crisis, U.S. Senate panel told
WASHINGTON — Witnesses in a Tuesday hearing detailed to a U.S. Senate committee how investors and stagnant wages are driving an eviction and housing crisis across the U.S. The chair of the Senate Banking, Housing and Urban Affairs Committee, Ohio Sen. Sherrod Brown, said that families are being priced out of buying homes, and rising […]