The Southern California wildfires started on Jan. 7, and as of a week later, more than 12,300 structures had been destroyed, according to the California Department of Forestry and Fire Protection.
High interest rates weighed on home builders during 2024, resulting in the slowest pace of new-home construction in five years and adding another speed bump to the U.S. housing market's recovery.
President Biden’s inauguration was clouded by a once in a century pandemic and a predecessor trying to cling to power. The 46th president’s entire term was a constant test of crisis management.