Scott Turner, President Trump’s nominee for Secretary of the U.S. Department of Housing and Urban Development (HUD), was confirmed today by the U.S. Senate by a vote of 55-44 and was sworn in as the 19th HUD secretary, taking the helm of the sixty-year-old agency at an extraordinary time. The challenges in the housing market are…
"February 2025" Archives
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Foreclosure activity has declined significantly since the housing crisis of the late 2000s, and distressed home marketplace Auction.com reported this week that it expects the number of foreclosure-auction sales in 2025 to drop to the second-lowest total on record. California-based Auction.com published its 2025 Distressed Market Outlook report on Tuesday, which included three scenarios for…
The number of family caregivers who support older relatives in either home-based or residential care settings increased by 32% between 2011 and 2022 — a sharp rise that can be attributed to an increase in the number of caregivers living with recipients. Researchers also say this could be partially tied to rising preferences for aging…
Expensive mortgages, rents and other housing expenses are already challenging for many Americans. But facing things alone presents a bigger challenge for single individuals, according to a report released Wednesday by Redfin. The report from the Seattle-based real estate brokerage highlighted household capabilities for handling mortgage and rent payments. The report used data from a…