Mortgages

"We are seeing strength in the securities, transportation and warehousing and office sectors," New York State Comptroller Thomas DiNapoli said "but retail, restaurants, construction and tourism continue to lag the national recovery."

"Our ratings reflect the progress the city has made over time on important issues like rebuilding reserves and improving the health of our pension fund," said Philadelphia Treasurer Jackie Dunn.

Providing enough housing for middle class and homeless people has topped legislative agendas in three West Coast states and Hawaii this session.

The proposed budget would add 400 more police officers and spend $1.3 billion on programs to ease homelessness.

Gov. Jay Inslee's plan to put a $4 billion housing bond before voters was discarded by budget writers in the state Senate.

President Biden's proposed budget contains a change that many affordable housing advocates say would help make PAB financing go further.

Huntington Beach leaders say they are countersuing because the state is trying to micromanage the city's planning and zoning process to gain more housing.

San Francisco is one of a handful of Bay Area cities to meet a state deadline to deliver a blueprint to manage the housing crisis by permitting many new homes.

The Miami area unemployment rate fell to 1.4% in December and saw the second-highest number of private-sector job gains in the state on a year-over-year basis.

A family earning Miami's median city income would need to spend 85% of their paycheck to buy Miami's median-priced home, said the firm RealtyHop.