Homelessness shatters lives and blights communities. Clearing encampments without addressing shortages of housing and care won't work (via @opinion) https://t.co/guZN6E44y3 ...

Owning a home has always been the American dream, but now that bedrock belief is starting to crumble. More people are getting stuck as renters. Why.Because the cost of everything is going up. Home prices are at record highs. Mortgage rates are at 15-year highs.The cost of insurance has gone up almost 75% since 2010 because of wildfires, floods, and other climate disasters. Last year, to qualify for a typical mortgage, you needed a household income of $127,000, which was up 60% in just 4 years. It's now chea ...

as the sun tries to come up over the Big Apple. So, let's talk about housing, especially in the New York area. With the US housing shortage intensifying and home prices rising to all-time highs, one suburb of New York City has made rent more affordable. The Wall Street Journal has new reporting on the city of New Relle, New York, and how it has sliced through the red tape to build thousands of new apartments.Joining us now, Wall Street Journal reporter, the one behind that piece, Rebecca Pachto. So, Rebecca ...

America is short roughly 6m homes, according to one conservative think-tank. Could factory-made houses be part of the solution? https://t.co/2iQhPA75rw ...

California developers are celebrating the rollback of a landmark environmental law that they say will help clear the way for new housing in a state that has suffered a severe shortage for decades https://t.co/KavmHMvyuW ...

Joining us right now for a conversation about real estate, local New York City, mayoral politics, and so much more, RXR chairman and CEO Scott Reckler. Good morning to you. I think we're all trying to figure out what's going on with the real estate market in New York City.But I think the overhang or overlay to all of this is what's just happened um in this mayoral election and I think a lot of people surprised about it and I know a lot of people in your business seem to be anxious about it. So what's your t ...

Industry Overview - The housing sector is facing challenges due to high interest rates and the lock-in effect of low mortgage rates from the pandemic, leading to existing home sales around 4 million, which is approximately 30% lower than pre-pandemic levels [1][2] - There is a significant housing shortage in the U.S., with estimates indicating a deficit of 3.8 million homes, which would take homebuilders about 7.5 years to address [2] Company Analysis: Williams-Sonoma - Williams-Sonoma operates in the housing market through its high-end home furnishings brands, including West Elm and Pottery Barn [5] - The company has maintained strong profit margins and controlled costs through effective inventory management and store rationalization, even in a sluggish market [6] - It has a history of returning capital to shareholders, recently raising its dividend by 16% to $0.66 per share, marking the 16th consecutive year of dividend increases [7] - The company has reduced its shares outstanding by about 20% over the last five years and reported a record Q4 operating margin of 21.5% with comparable sales growth of 3.1% [8] - Williams-Sonoma is well-regarded for its brand portfolio, management, and attractive valuation with a price-to-earnings ratio under 18, positioning it well for future demand recovery [9] Company Analysis: Green Brick Partners - Green Brick Partners has seen a 600% increase in stock value over the last five years, benefiting from low inventory of existing homes that has created demand for new homes [10] - The company differentiates itself by owning significant land and focusing on high-growth markets like Texas, Florida, and Georgia, which helps achieve better margins [11] - Green Brick reported an 18.1% revenue increase to $2.1 billion last year, with earnings per share rising 38% to $8.45 [12] - The stock is trading at a price-to-earnings ratio of less than 7, indicating it may be undervalued despite macroeconomic risks [12]