Every pandemic boomtown saw prices cool off. Only Austin built its way into a hangover this deep, this long. Austin’s home prices have fallen 14 to 24 percent from their May 2022 peak of roughly $552,000, depending on which dataset and geography you use, according to reporting by James Rodriguez for Business Insider. That range…
To qualify for a mortgage on a median-priced single-family home in the United States, a household must earn $109,152 a year, according to the National Association of Realtors’ June housing affordability data. That figure is based on a median home price of $446,400, a 30-year fixed mortgage rate of 6.57 percent, and a 20 percent…
The median wealth of a white household in Atlanta is $238,355. The median wealth of a Black household is $5,180. That is a 46-to-1 ratio, documented in 2026 research by the Atlanta Civic Circle, Build Black Wealth, and Nonprofit Quarterly. More than one in three Black households in the metro carry zero net worth. The…
New Orleans has a shortage of more than 47,000 affordable housing units in 2026, up from 33,600 in 2015 — a 40% increase over a decade, according to data compiled by PBS NewsHour, Eviction Lab, and the Jane Place Neighborhood Sustainability Initiative. The city’s eviction rate is nearly double the national average. More than half…
On March 5, 2026, New York City Council passed a Good Cause Eviction law. On April 9, the Mayor’s veto was overridden. On April 17, the law went into effect. The law prevents landlords from evicting tenants without good cause and from raising rents more than 3 percent annually unless specific conditions are met. It…
Las Vegas housing is cooling. Class A apartment communities and newer residential inventory are showing flat-to-declining pricing after steep appreciation in 2021 and 2022, according to data from the 702 Housing market report and Fortune’s city-by-city housing analysis from April 2026. The investors and out-of-state buyers who drove that run-up are pulling back. On the…
Tracie McMillan reported for The Guardian on June 25 that renters across the United States are asking the Federal Trade Commission to regulate mandatory apartment fees that appear on top of advertised rent. In the FTC docket reviewed by The Guardian, nearly 400 of 471 public comments explicitly supported regulation or described problems with junk…
The city built an anti-displacement ordinance specifically for this moment. A review of hundreds of pages of records found it mostly didn’t work. Latisha Bolden came home from an eight-hour hospital shift in early March to a notice her son had received from their landlord: her family had until the end of July to leave…