Category: Housing & Rent
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A single-room unit gets three quarters of the studio rent ceiling
Not every voucher-assisted household needs a full apartment. Some HUD-funded housing covers a single furnished room with shared bathroom or kitchen facilities, and the agency prices that unit type differently than anything else in its rent schedule. Under the fiscal year 2027 fair market rents HUD published September 1, 2026, effective October 1, a single-room-occupancy…
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Every bedroom above four adds 15 percent to the federal rent ceiling a housing voucher will cover
Every October, the Department of Housing and Urban Development recalculates the rent ceilings that decide how much a Housing Choice Voucher will actually cover, and this year’s update takes effect October 1, 2026. Most of that math tracks what a family would really pay to rent a two-bedroom apartment nearby. But once a household needs…
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Home prices rose 2.1 percent over the year, the slowest in a decade, and fell in four states
The government’s broadest measure of home values rose just 2.1 percent over the year ending in June, the smallest year-over-year gain the Federal Housing Finance Agency has logged for a second quarter in more than a decade. If you already own a home, that slowdown is quietly changing how much equity you can borrow against.…
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The VA is telling home loan borrowers who lost a job that foreclosure is not automatic
A veteran who loses a job and falls behind on a VA-backed mortgage does not automatically lose the house — that is the message the Department of Veterans Affairs is putting directly in front of borrowers this month. VA says a missed payment starts a process a homeowner can still work through, not an ending.…
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HUD published the rent ceiling every housing voucher in the country follows, and the new numbers start October 1
The U.S. Department of Housing and Urban Development has finalized the rent figures that will govern the Housing Choice Voucher program for the next year, and they take effect in less than a month. Those figures, called Fair Market Rents, set the ceiling on what a housing agency will subsidize toward a voucher holder’s rent,…
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Homeownership under 35 fell to 35.2 percent, the only age group where the drop was big enough to count
The share of Americans under 35 who own their home fell to 35.2 percent in the second quarter of 2026, down a full percentage point from 36.4 percent a year earlier. It was the only age bracket where the U.S. Census Bureau’s own statisticians flagged the year-over-year change as large enough to be meaningful rather…
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The median asking rent hit $1,531 as the share of empty rentals reached its highest second quarter since 2020
The median asking rent for an empty apartment or rental home hit $1,531 in the second quarter of 2026, according to new Census Bureau data, and the share of rental units sitting vacant climbed to its highest second-quarter level since 2020. For the country’s renter households, that combination is unusual: asking rents are still climbing,…
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Home prices rose just 1.5 percent in June, a 13th straight month of losing to inflation
The government’s inflation gauge and the country’s most closely watched home-price index moved in opposite directions again in June, and the gap between them has now persisted for more than a year. S&P Dow Jones Indices reported on August 25 that its national home price index rose 1.5 percent from a year earlier in June,…
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Rents are falling in 52 of the 100 biggest cities, and the national median is $1,390
The apartment market that punished renters with double-digit rent hikes a few years ago has quietly flipped in the other direction for more than half of the country’s largest cities. Apartment List’s latest national rent report puts the median U.S. apartment at $1,390 a month as of August, and in 52 of the 100 largest…
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Mortgage rates near 6.7% are close to a one-year high, squeezing buyers and downsizers
Anyone waiting for mortgage rates to finally break lower before buying a home or trading down to something smaller did not get the news they wanted in late August. The average rate on a 30-year fixed mortgage has settled just under 6.7 percent, hovering close to its highest level in about a year. For anyone…
