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Category Archives: Housing

Unpaid Federal Workers Owe $438 Million in Mortgage and Rent Payments This Month

Zillow Research: Federal employees who are not being paid during the shutdown and own their homes make about $249 million in monthly mortgage payments. Those who rent pay about $189 million for housing each month, according to a recent HotPads analysis. About 3,900 mortgage originations are processed each business day for loans backed directly by… Continue Reading

Federal government was bleak workplace for past 2 years and worsened after the shutdown

Washington Post: “Over two years, the Trump administration has dealt blow after blow to government employees — budget cuts, hiring freezes, inept Cabinet secretaries and, for some, open hostility to their fundamental mission. President Trump promised to shake up Washington, and he has. But the country’s 2 million federal workers have mostly soldiered on, believing… Continue Reading

A Lot of Government Information Is Freely Available

GAO Watchblog: “From health and education statistics to budget and spending information, the federal government produces a lot of information, or data. Agencies are making more and more of this data open for everyone to use. Our recent report identified 5 key practices that can help the government’s open data reach a wide range of… Continue Reading

Nearly 75% Of Coastal States Aren’t Prepared For Sea Level Rise

Forbes: “…As climate change progresses, storms will increase in strength,  sea levels will rise more rapidly, U.S. coasts will flood more frequently, and shoreline properties will disappear. Each year, $500 million worth of coastal structures are lost as coastlines disappear. The federal government spends nearly $150 million each year to manage the loss of beaches and coastal real estate. Two-thirds of… Continue Reading

How private equity firms are fueling the housing crisis

New York Magazine – Intelligencer: “Nationwide, single-family homes — white-picketed symbols of the American Dream — are increasingly owned by far-flung investors, with the percentage held by landlords growing from 13 percent nationally to 17 percent between 2008 and 2016, according to the Census Bureau’s American Community Survey. These homes are offered to local residents… Continue Reading

CDC data – Large cities still segregated even as nation becoming more diverse

Washington Post: “…Even as the United States becomes increasingly diverse, neighborhood segregation patterns persist in large urban areas, including in the Washington metro region, according to five-year trend data from the Census Bureau. Segregation has remained most entrenched between black and white residents, while segregation between whites and Hispanics and whites and Asians is more… Continue Reading

Letting Algorithms Replace Human Appraisers

UK Daily Mail: Proposed new regulations would allow homes to be bought and sold through electronic valuations rather than human appraisers Home appraisals could be done electronically without the need for a licensed human regulator, according to new proposals   Regulators say the vast majority of homes could be appraised using electronic algorithms which could make house buying… Continue Reading

Economy and development have increased emptying of DC houses of worship

Washington Post: “For decades, changes in American religious behavior and the District’s demographics spurred a slow emptying of city houses of worship. And in recent years, many have shuttered, largely because of skyrocketing real estate prices, an exodus of African Americans from the city and millennials’ desire for unusual abodes. But how great is the… Continue Reading

Tracking Property Transactions in Philadelphia using official dataset

“The City of Philadelphia has released a dataset of 3.7 million records detailing all property transactions that occurred in the city over the past twenty years. The dataset includes information such as properties’ market values, mortgages, and deeds. Prior to the dataset’s release, Philadelphia residents often had to visit City Hall to learn about property… Continue Reading

NYT Interactive – Every building in America – Where We Live

The New York Times – “On this page you will find maps showing almost every building in the United States…Created by Times graphic designer Derek Watkins and former Times editor Tim Wallace, the project relied on a Microsoft database of building footprints that The Times team turned into graphics, in which buildings are black and… Continue Reading

Potential Insurance Bill From Hurricane Florence Could Take Toll on Wallets Far From NC Coast

ProPublica – Insurance companies retreated from some communities amid stronger storms, leaving a “last-resort” plan to fill the growing gap: “For years, North Carolina has bet against a storm like Hurricane Florence. Even as nationally known insurance companies pulled out of the state’s coastal communities, development boomed along the shore, despite the threat from a… Continue Reading