Austin Denean

WASHINGTON (TNND) — High interest rates, rising costs for materials and struggles finding labor are suppressing homebuilding in the U.S., threatening

WLOS News 13 provides local news, weather forecasts, traffic updates, notices of events and items of interest in the community, sports and entertainment programming for Asheville, NC and nearby towns and communities in Western North Carolina and the Upstate of South Carolina, including the counties of Buncombe, Henderson, Rutherford, Haywood, Polk, Transylvania, McDowell, Mitchell, Madison, Yancey, Jackson, Swain, Macon, Graham, Spartanburg, Greenville, Anderson, Union, Pickens, Oconee, Laurens, Greenwood, Abbeville and also Biltmore Forest, Woodfin, Leicester, Black Mountain, Montreat, Arden, Weaverville, Hendersonville, Etowah, Flat Rock, Mills River, Waynesville, Maggie Valley, Canton, Clyde, Franklin, Cullowhee, Sylva, Cherokee, Marion, Old Fort, Forest City, Lake Lure, Bat Cave, Spindale, Spruce Pine, Bakersville, Burnsville, Tryon, Columbus, Marshall, Mars Hill, Brevard, Bryson City, Cashiers, Greer, Landrum, Clemson, Gaffney, and Easley.

WASHINGTON (TNND) — Iran's leaders are openly antagonizing the Trump administration in the run-up to the November midterms as it prepares for the

Democrats are poised to benefit from those frustrations on Election Day as more races shift from Republicans, raising the prospect of another change in control of Congress and a divided government in Washington. But neither party has been able translate voter dissatisfaction into a lasting coalition.

Even with a growing need for homes in the United States, builders are facing a challenging environment as they face mounting costs and a limited pool of buyers who can afford to be in the market. Home construction has stalled this year.

A sign designates the location of as In-Person Absentee Voting (early voting) site on October 20, 2026 in Beloit, Wisconsin. (Photo by Scott Olson/Getty Images)

The costs of owning a home beyond paying the mortgage have started to stabilize after years of hefty increases, but homeowners are still paying significantly more for maintenance, insurance and taxes than they were before the pandemic-era housing boom, adding another financial hurdle to an

WASHINGTON (TNND) — The expected pause comes after several top Fed officials downplayed the urgency for another hike after the September

Several top Federal Reserve officials have signaled they are not in a rush to raise rates again after unanimously approving a quarter-point increase last month and are expected to give the economy more time to adjust to higher borrowing costs before making another move.

WASHINGTON (TNND) — As artificial intelligence giant Anthropic prepares to go public in what could be the largest initial public offering ever, the