Category: Housing & Rent
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Tariffs on imported kitchen cabinets and vanities are scheduled to double to 50 percent on January 1 under Trump’s proclamation
January 1 is the date stamped into Proclamation 11000, the presidential order that sets a course for how much it will cost to import a kitchen cabinet or bathroom vanity into the United States. On that day in 2027, absent a new trade agreement, the tariff on those products is scheduled to double from 25…
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DOJ’s proposed Pinnacle settlement would bar use of rivals’ private rent data
The Justice Department has filed a proposed consent decree that would bar Pinnacle Property Management Services, one of the largest apartment managers in the United States, from using rent-pricing software fed by competitors’ private data. The September 4, 2026 filing in federal court in North Carolina would also stop Pinnacle from sharing sensitive rent information…
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New federal rent ceilings for housing vouchers take effect October 1, and the deadline to challenge one is the same day
The rent ceiling that decides how much a Housing Choice Voucher covers resets nationwide on October 1, when the Department of Housing and Urban Development’s newest Fair Market Rents take hold. A separate clock buried in the same notice gives housing authorities exactly until that date to ask HUD to reconsider a number they believe…
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Seven in ten Denver rental listings came with a concession last month
In Denver last month, 71.9% of studio, one-bedroom and two-bedroom rental listings carried some kind of concession, the highest share among the 50 largest U.S. metro areas Realtor.com tracks. That works out to roughly seven in ten listings offering a discount that never shows up in the advertised rent. The number reflects a metro area…
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Rents have fallen for 37 straight months and 43.5 percent of listings now carry a concession
The median asking rent across the 50 largest U.S. metro areas slipped to $1,699 in August, down 0.9% from a year earlier, according to Realtor.com’s latest monthly rental report. That decline marks the 37th consecutive month rents have fallen on an annual basis, a streak now well into its fourth year. At the same time,…
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The 30-year mortgage jumped 19 basis points in a week to 6.95 percent
Freddie Mac’s weekly mortgage rate survey shows the average 30-year fixed rate climbed to 6.95 percent this week, a jump of 19 basis points from the week before. For anyone shopping for a house, refinancing an existing loan, or watching an adjustable-rate mortgage reset, that single week of movement changes the math on what a…
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The federal rent ceiling falls in 466 housing markets on October 1 and rises in the rest
HUD’s annual Fair Market Rent notice, published September 1, sets the rent ceiling that federal housing programs use in thousands of markets nationwide, and the new figures take effect October 1, 2026. In 466 of those markets, the ceiling is going down rather than up, with the steepest declines concentrated in a handful of large…
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More than a third of Americans live in an area where the federal rent ceiling falls on October 1
Every October 1, the Department of Housing and Urban Development resets the rent figure that anchors billions of dollars in housing subsidies, from Section 8 vouchers to homeless-assistance grants. This year’s reset, effective October 1, 2026, sends that figure down in areas home to more than a third of the U.S. population, even as it…
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New HUD rent ceilings take effect October 1 in 2,606 areas, 466 of them lower than last year
On October 1, a single HUD notice resets the rent figure that decides how far housing-voucher assistance stretches across 2,606 communities nationwide, and in 466 of them, that figure is about to fall. The Department of Housing and Urban Development published its annual Fair Market Rent update on September 1, and the number attached to…
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The government no longer measures local utility inflation, so a national water and trash figure now sets part of the rent ceiling
Every year, the U.S. Department of Housing and Urban Development sets a number for nearly every metro and county in the country called the Fair Market Rent. It is not a suggestion. It is the ceiling that decides how big a monthly rent subsidy a Housing Choice Voucher household can get, and it feeds into…
