Housing affordability is Gen Z's top voting issue, survey finds
Rising housing costs are making it difficult for first-time buyers to secure a home, an issue concerning young voters ahead of November’s election.
Investors in Neu Community project file civil suit, claim mismanagement of funds
Investors in Neu Community believe they have been deceived and are taking management to court. 7 On Your Side reporter Carissa Lehmkuhl has the details.
Renters aren't moving: 1 in 6 live in same home for 10 years or more, report says
Are you a forever renter? With soaring housing costs, a new report reveals that renters are more likely to stay put.
Homes are overvalued in most of the US – and the problem is worse in these 5 states
An overwhelming majority of homes in the U.S. are overvalued as steep mortgage rates and an ongoing housing shortage push the price of real estate even higher.
House down payments: Highest and lowest averages by city
The average down payment when buying a home in the U.S. is about $56,000 which is 24% more than a year ago.
What happened to Neu Community?
What happened to Neu Community? Promises of a new, innovative way of living have remained just promises. 7 On Your Side reporter Carissa Lehmkuhl has more.
Housing prices in these states will become 'more affordable,’ Redfin CEO says
The Fed’s handling of rate cuts will play a key role in 2024 housing affordability, but according to one expert, certain U.S. states are already seeing "good" signs.
Protesters rally against phase two of HOME initiative
Debate intensifies over how to best tackle Austin's housing affordability crisis. City council is preparing to vote on phase two of a plan to build more homes on a single lot, but some are worried the changes could actually make living in Austin less affordable.
Travis County evictions on the rise: report
A report put together by BASTA shows evictions are on the rise in Travis County.
Rent continues to increase: Here are regions, states where it’s changed the most
Rent data found the median cost in the U.S. last month to be $1,987. Here's how that number breaks down across the country.
Average long-term US mortgage rate hovers near 7%
The average 30-year fixed loan was 7.08% this week, according to Bankrate’s latest survey of large lenders. Here’s what a monthly mortgage payment at the current rate would look like.
Austin City Council discusses Phase 2 of HOME initiative
The Austin City Council discussed brief details on Phase two of the HOME initiative. Phase one allows three homes to be built on a single property.
Baltimore sells $1 houses in effort to combat vacant home crisis
Baltimore, Maryland, city officials approved a program that would sell city-owned vacant homes for next to nothing at $1 for some applicable residents.
Housing benefits could lure employees back to office, survey shows
Many companies are facing the ongoing dilemma of office versus remote work four years after the pandemic, with a new survey highlighting housing benefits as a potential solution.
Time to sell your home? Here are 3 questions to ask yourself
As someone deeply involved in the real estate industry for decades, I understand that selling your home isn't just a financial transaction; it's a significant life decision.
Home buyers need to make $47,000 more than in 2020 to afford a home
A new report from Zillow finds that some people are relying on financial gifts to help cover the cost of a down payment for a home or moving to low-cost cities to find affordable housing.
Drop in Texas building permits indicates slowdown, shift
A new study shows that building permits in the Austin metro area dropped by double digits in 2023.
The two things Biden proposed to shake up the housing market
The president wants to make housing more affordable through a pair of tax credits. Here’s how it works.
Marcia Fudge steps down as HUD secretary
Housing and Urban Development Secretary Marcia Fudge announced Monday that she would resign her post, effective March 22, saying she was leaving “with mixed emotions."
New northeast Austin affordable housing complex opens
The Loretta apartments, a new affordable housing complex, opened in northeast Austin.