CoreLogic's latest Single-Family Rent Index reveals that Detroit led the nation in year-over-year rent growth among 20 major markets in November 2024, with a 6.1% increase.
A new report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reveals that housing starts rose by 15.8% in December, reaching a seasonally adjusted annual rate of 1.50 million units -- the highest level since February 2024.
On his first day of office during his second term, President Trump took significant action on American housing, fulfilling a key campaign promise. On the evening of Monday, January 20, 2025, he signed an executive order aimed at addressing inflation and providing housing relief.
According to Redfin, approximately 14% of homes within the perimeters of the Palisades and Eaton fires in the Los Angeles area have been destroyed or damaged. This amounts to 6,354 homes, of which 5,449 (86%) were completely destroyed, and 905 (14%) sustained damage.
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