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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. Governments need to plan for this new reality and start providing more green transit to areas outside of major cities.”

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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.

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‘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.

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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.

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HUD details funding, policy support for green homes and climate resilience

Housing Wire

HUD also published guides designed to assist with mobility improvements and decarbonization of existing transportation systems. The department said it aims to alert communities about important elements of post-disaster resilience that research has shown are often overlooked or less understood in the immediate wake of a disaster.

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Job gains exceed expectations in December

Housing Wire

Job gains occurred mainly in government, health care, social assistance and construction in December, while transportation and warehousing posted fewer jobs. This week’s job openings data showed that the quits and hires ratio is also below pre-COVID-19 levels.”

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Volunteers aid Pennsylvania seniors as they age in place

Housing Wire

For seniors who live alone and may not have easy access to public transportation, relatively simple tasks such as grocery shopping or medical appointments become much more difficult to complete. Volunteer and nonprofit groups can often step in to fill the void in these situations.