More Americans Are Experiencing Homelessness

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Real Estate

Homelessness in the U.S. continues to climb, with 771,480 people experiencing homelessness in 2024 — an 18% increase from the year before, according to the U.S. Department of Housing and Urban Development. About two-thirds were individuals, while one-third were families. Alarmingly, family homelessness rose 39%, compared to a 9.6% increase among individuals.

While men still make up the majority of homeless adults (60%), the gender gap is closing. Between 2023 and 2024, the number of newly homeless women nearly doubled, rising to 52,651, compared to 64,408 newly homeless men. This surge pushed women’s share of new homelessness from 31% to 45%.

Experts attribute the rise to the expiration of Covid-era protections and persistent cost-of-living pressures. As restrictions on shelter capacity lifted, more people returned to shelters, highlighting the ongoing struggle for affordable housing and stability.

Your Next Step: Let’s Make It a Holiday to Remember
The growing housing crisis underscores the importance of financial stability and homeownership. Here in Southeast Florida, investing in a home isn’t just about security — it’s about building equity and opportunity. Whether you’re looking to buy, sell, or invest in an income-generating property, I can guide you through every step.

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