Red Door Development

Affordability continues to plague the housing industry, leaving some of the nation’s poorest communities struggling just to make ends meet. This is especially true for residents living in “high-risk” communities where poverty usually partners with inadequate housing, violence and sickness, and it's driving hospitals to join the real estate business. […]

A federal judge late last week dismissed a legal challenge from three civil groups over the Trump administration’s move to delay and change a controversial Obama-era fair housing rule. The groups hoped to have the rule reinstated. But that won't be happening now. […]

President Donald Trump is back at it, taking shots at Federal Reserve Bank Chair Jerome Powell. Bloomberg reports that according to the three people present at a fundraising event in the Hamptons, Trump complained to wealthy Republican donors at a fundraiser in the Hamptons that Powell was raising interest rates. […]

Saving for a down payment is a real drag these days thanks to soaring home prices and high interest rates. But, according to RealEstate.com, there are a handful of U.S. metros where it doesn’t suck quite as much as the rest. RealEstate.com’s analysis factors in median household income among Millennials and their estimated annual household savings to determine how long it would take to save for a 20% down payment on a starter home or a home priced in the bottom third of their markets. […]

It’s apparently far too difficult for low-income households to use the Department of Housing and Urban Development’s housing voucher program to gain access to affordable housing and HUD is planning to do something about it. HUD announced Monday that it is launching a push to get more landlords to accept housing vouchers, citing two studies that claim that the housing voucher program is not functioning as it should be. […]