article thumbnail

Home prices accelerating in areas without mass transit

Housing Wire

With remote work, buyers can prioritize the actual home above its proximity to transportation.” ” The report is based on data that rates locations based on how convenient they are to public transportation.

article thumbnail

California leads all states for highest bankruptcy risk to seniors

Housing Wire

Supplemental data from the Missouri Economic Research and Information Center (MERIC) found that California residents face “27% higher average utility costs, 26% higher average transport costs, 12% higher average grocery costs, and 99% higher average housing costs than the national standard.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

US Senate committee approves full funding for Ginnie Mae

Housing Wire

Senate appropriations committee this week approved full funding for the fiscal year 2025 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act (T-HUD), which provides $98.737 billion in total discretionary funding for agencies including Ginnie Mae. Patty Murray (D-Wash.), the chair of the committee.

article thumbnail

Moving big talent to the Big Apple  

Housing Wire

Key factors to consider When choosing a neighborhood, consider the following factors: Commute and accessibility: Proximity to public transportation and major business districts. Staten Island: Provides a peaceful suburban retreat with plenty of green spaces and waterfront views. How HR can support relocating staff 1.

article thumbnail

Massachusetts budget features programs to support seniors, aging in place

Housing Wire

The budget also adds support for a virtual senior center, specifically for older members of the state’s LGBTQ+ community; funds a dementia care coordination program; and makes regional bus fares free, although that provision does not impact service from the Massachusetts Bay Transportation Authority (MBTA).

article thumbnail

‘Gray tsunami’ comes to South Carolina, testing local resources

Housing Wire

The state of South Carolina is experiencing an influx of retired baby boomers , which could test the capacity of its infrastructure in areas such as health care and transportation services, as well as resources for dealing with isolation and the job market, according to reporting by Charleston-based newspaper The Post and Courier.

article thumbnail

Residential construction jobs slowly return

Housing Wire

The lion’s share of the month’s employment growth came in the professional and business services (90,000 jobs), and transportation and warehousing (50,000 jobs), sectors. Transportation and warehousing now had 210,000 more jobs than its pre-pandemic level.