City of Scottsdale defends hotel rooms to address the homeless crisis as residents push back

City of Scottsdale defends hotel rooms to address the homeless crisis as residents push back

Hotels for the homeless – that’s the issue at the heart of a contentious public hearing in Scottsdale on Wednesday. The city's mayor says the program helps veterans and single-parent families.

Hotels for the homeless – that’s the issue at the heart of a contentious public hearing in Scottsdale on Wednesday. The city's mayor says the program helps veterans and single-parent families.

Why are home prices so expensive? Blame the boomers, Barclays says

Why are home prices so expensive? Blame the boomers, Barclays says

Would-be homebuyers nationwide are facing a spike in housing costs amid an ongoing affordability crisis - and baby boomers may be to blame, Barclays says.

Would-be homebuyers nationwide are facing a spike in housing costs amid an ongoing affordability crisis - and baby boomers may be to blame, Barclays says.

Section 8: What to know as Phoenix opens affordable housing voucher waitlist to applicants

Section 8: What to know as Phoenix opens affordable housing voucher waitlist to applicants

It has been almost seven years since the City of Phoenix accepted pre-applications for a program commonly known as 'Section 8.' Here's what you should know about the city's Housing Choice Voucher program, as they city is once again accepting pre-applications, albeit for a short period of time.

It has been almost seven years since the City of Phoenix accepted pre-applications for a program commonly known as 'Section 8.' Here's what you should know about the city's Housing Choice Voucher program, as they city is once again accepting pre-applications, albeit for a short period of time.

Phoenix City Council votes 8-1 to legalize casitas in backyards

Phoenix City Council votes 8-1 to legalize casitas in backyards

Phoenix city leaders voted 8-1 to approve a proposal that would once again allow homeowners to build full-fledged living units in their backyards.

Phoenix city leaders voted 8-1 to approve a proposal that would once again allow homeowners to build full-fledged living units in their backyards.

Phoenix votes to legalize guest houses in backyards
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Phoenix votes to legalize guest houses in backyards

Phoenix city leaders voted 8-1 to approve a proposal that would once again allow homeowners to build full-fledged living units in their backyards.

Phoenix city leaders voted 8-1 to approve a proposal that would once again allow homeowners to build full-fledged living units in their backyards.

The US housing market may be trapped in a prolonged freeze

The US housing market may be trapped in a prolonged freeze

Fannie Mae economists predicted in a revised forecast that the U.S. housing market faces a prolonged downturn due to high mortgage rates and limited supply.

Fannie Mae economists predicted in a revised forecast that the U.S. housing market faces a prolonged downturn due to high mortgage rates and limited supply.

Mortgage rates reach highest level in over 20 years

Mortgage rates reach highest level in over 20 years

Rates for a 30-year fixed mortgage now average 7.09%, the highest since 2002, putting further pressure on the cooling housing market amid high prices.

Rates for a 30-year fixed mortgage now average 7.09%, the highest since 2002, putting further pressure on the cooling housing market amid high prices.

These four US cities face the biggest housing shortages

These four US cities face the biggest housing shortages

The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.

The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.

Phoenix eviction filings reach 15-year highs
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Phoenix eviction filings reach 15-year highs

Evictions have hit highs that Phoenix hasn't seen in over a decade. More than 7,100 cases were filed last month, according to Maricopa County.

Evictions have hit highs that Phoenix hasn't seen in over a decade. More than 7,100 cases were filed last month, according to Maricopa County.