Housing

All-Cash Home Sales on the Rise
Cash buyers are becoming more common in many U.S. real estate markets, even as the housing market begins to cool.

Bay Area Cities Largely Miss Housing Element Deadline
Only four Bay Area cities have won the state’s approval for their housing elements, which are required to meet the state’s ambitious housing production targets.

Houston Mayor Halts Affordable Housing Deals
The mayor wants to examine the true benefits and impacts of a state law meant to boost affordable housing production that allows developers to exempt their projects from property taxes.

San Diego-Area EIR Ruling Could Slow Development
A court ruling that calls for environmental impact reviews to account for adjacent developments could significantly affect how government agencies and developers approach projects.

APA Releases ‘Equity in Zoning’ Guide
The guide provides a framework for assessing and improving equity in housing policy.

Pittsburgh Adaptive Reuse Program Accepting Applications
The city has issued a request for proposals to support projects converting downtown office buildings to affordable housing.

Appeals Court Decision Favors New York City Tenants
The court ruled against landlords challenging the city’s rent stabilization laws as unconstitutional. The landlords plan to take their case to the Supreme Court.

Washington Could Legalize Single-Staircase Buildings
Supporters of ‘point access blocks,’ which are common in Europe and other parts of the world, say the design maximizes living space and lowers the cost of construction.

San Francisco Housing Plan Gets State Approval
The city cleared a major hurdle as its housing plan, which paves the way for 82,000 new homes by 2030, is certified by the state.

Property Appraisal Caps Unlikely to Pass in Texas
Critics of a proposal to limit property value increases to reduce homeowners’ property tax burden say the measure would destabilize the housing market and cause cities to raise other taxes to compensate.

Hawaii State Bills Could Limit or Expand Affordable Housing Law
Some legislators see a law that provides a zoning exemption to affordable housing builders as a necessary way to alleviate the housing crisis, while others worry about the impact of fast-tracked development on land zoned for conservation.

HUD Grants Total $315 Million for Continuum of Care for the Unhoused
An unprecedented federal grant program, announced earlier this month, will support continuum of care for the unhoused in unsheltered and rural settings.

Santa Barbara Expands ADU Program to Boost Housing
The city hopes that permitting larger ADUs and making adaptive reuse easier will help it meet its state-mandated goal of building over 8,000 new housing units by 2031.

‘Predatory’ Buyers Targeting Milwaukee’s Black Neighborhoods
Out-of-state investors now own almost a quarter of rental housing in majority Black wards, new research finds.

New York Affordable Housing Tax Incentive Targets Suburbs
If Gov. Hochul’s proposed budget passes, the new tax abatement would incentivize affordable housing development in the state’s smaller municipalities.

Maine Housing Market Tightens as New, Younger Residents Move In
State leaders see the influx of younger residents as a boon to Maine’s economy, but this could come at the expense of affordable housing.

Exxon’s Former Houston Headquarters Could Become a Residential High Rise
The former headquarters of Humble Oil, a predecessor to Exxon, will be converted to apartments in Houston, after New York-based developers CMI Developers purchased the building with a plan for adaptive reuse.

State Estimates Show Third Year of Population Loss for California
Demographic data from the California Department of Finance released last month shows a third consecutive year of population loss, mirroring Census data. Los Angeles and Santa Clara counties saw the highest numeric losses.

How Ownership Structure Impacts Eviction Rates
A new study from Boston reveals that large landlords, who are less likely to live near their tenants, execute far more eviction filings than smaller property owners.

L.A. County Towns Clash Over Homelessness Policies
Local governments often come to different conclusions about how to address homelessness within their respective borders, but varying approaches only exacerbate the problem.
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