Housing market gets more bad news as inventory struggles

That decision, deemed by environmental groups as arguably"the most important water-related Supreme Court decision in a generation," stems from a 2008 lawsuit between the EPA and Idaho's Sackett family after they filled a protected wetland with gravel to build a home overlooking nearby Priest Lake.

A home is seen under construction on June 21 in a development in Lemont, Illinois. The country is short about 3.8 million units of housing, according to July estimates by Freddie Mac.The Clean Water Act is charged with ensuring the cleanliness of water for habitat and human consumption. But the Supreme Court sided with the Sacketts, saying the rule was not to evaluate waters in terms of whether they are connected within a single watershed but whether those waters are contiguous on the surface.

Notably, that broad definition came at a time when housing developments are sprouting up anywhere developers can build them.

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Housing market warning issued as student loan payments restartA majority of experts think that restarting student loan payments this fall will make mortgages more unaffordable.
Source: Newsweek - 🏆 468. / 52 Read more »

How the housing market is exposing an 'unpredictable' tax problem for Utah homeownersLast year many Utah homeowners ended up with unusually high property tax bills thanks in part to a shift in tax burden to make up for property types that paced behind those dramatic gains.
Source: KSLcom - 🏆 549. / 51 Read more »