Social Security benefits in 2024 have lost 20% of buying power compared to 2010

The consumer purchasing power of U.S. Social Security program benefits in 2024 is roughly 80 cents on the dollar when compared to the power of these benefits in 2010, illustrating the continued bite that inflation is having on American households as well as the diminished buying power of those livin
Read MoreWhat a Kamala Harris presidency could mean for housing

Anyone wondering who would take Joe Biden’s spot on top of the Democratic presidential ticket should he drop out got an answer within mere hours of Biden’s long-anticipated withdrawal — Kamala Harris.Democrats in office and the party’s elder statesmen and stateswomen quickly endorsed Harris, includi
Read MoreHousing demand stalls as buyers wait for lower rates

Mortgage rates have come down with recent positive inflation news. However, they are still higher than they were six months ago. I think rates are on the verge of going lower. Will consumers respond? I expect that mortgage rates under 6.75% and moving towards 6.5% will shake homebuyers into action,
Read MoreHUD announces $175M funding opportunity for rental construction, renovation

The U.S. Department of Housing and Urban Development (HUD) on Monday announced a new $175 million notice of funding opportunity (NOFO) under its Continuum of Care (CoC) program, which will go toward the development of new rental housing units with “supportive services for people experiencing homeles
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