New northeast Austin affordable housing complex opens
The Loretta apartments, a new affordable housing complex, opened in northeast Austin.
Rent prices are changing thanks to 'apartment-building boom' – what renters should expect
Rent prices are evolving – potentially for the better – in 2024 thanks to an “apartment-building boom," according to Redfin chief economist Daryl Fairweather. Here’s what renters should know.
Austin nonprofit raising millions to preserve affordable housing
An Austin-area nonprofit is raising millions to preserve affordable homes in Austin. PNC Bank has joined the effort by committing millions to the organization this week.
Austin guaranteed income pilot program: Does it work?
The city of Austin announced its guaranteed income pilot program will be making a comeback this spring. A report was recently released about how the trial run of that program went, and what we learned.
Man lives rent-free for 5 years at New Yorker Hotel through housing law loophole
Mickey Barreto was arrested and charged with filing false property records. But Barreto, 48, says he was surprised when police showed up
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
Buying a home: Where in Texas Gen Z has best chance to purchase a house
Real estate news website Point2 released its list of big U.S. cities where it's easier for young people to buy homes and three Texas made the top 10.
Housing is expensive for a record half of American renters, study shows
A new Harvard analysis reveals soaring housing costs put a financial strain on millions of renters, with prices spiking during the pandemic.
NYC 'supercommuter' avoids high rent by traveling from Ohio home every week
Chip Cutter says embracing a life of chaos ‘has been worth it.’
Austin man falls victim to affordable housing crisis
A new report shows the City of Austin is not on track to meet the housing development goals that were set in 2017.
About 24% of renters in America say they can no longer afford their rent, study says
While buying a home is an issue for some, covering the cost of rent every month is becoming a growing burden for many, based on findings from Intuit Credit Karma.
Housing affordability plummeted to lowest level on record in 2023
Just a fraction of homes for sale in 2023 were affordable for the typical American
Judge rules against City of Austin in zoning lawsuit
A judge has put a stop to some of the housing affordability crisis measures passed by Austin City Council. Attorney Doug Becker sits down with FOX 7 Austin's Rebecca Thomas to discuss.
Austin City Council approves phase one of HOME initiative
In a 9-2 vote, the Austin City Council approved phase one of the HOME initiative after 13 hours of public comment. Up to three homes will be allowed to be built on single-family lots in parts of Austin.
City of Austin to vote on phase 1 of HOME initiative
The City of Austin is set to vote on phase one of HOME, Home Options for Middle-Income Empowerment, on Thursday, Dec. 7.
Housing affordability crisis: New report looks at how bad it is in Austin
In this FOX 7 Focus, Clare Losey with the Austin Board of Realtors joins FOX 7 Austin's John Krinjak to discuss a new report showing how bad Austin's housing affordability crisis is.
Austin City Council approves items on safety, charity auction; hears comment on housing
While housing remains the focus at Austin City Hall, the City Council has approved other items involving public safety and a future auction to help officers who are struggling financially.
Cash offers for homes reach near decade high in September
Over 30% of wealthy homebuyers in September bought a home in all cash, allowing them to avoid interest. Rates are still hovering just under 8%, a high not seen in two decades.
LA 'Tenant from Hell' moves out of Airbnb rental in Brentwood after 500+ days of not paying rent
The woman dubbed as "the Tenant from Hell" is moving out. The news, shared by the Airbnb landlord, comes a month after the woman made headlines for refusing to leave the multimillion-dollar rental in Los Angeles' Brentwood neighborhood.
Resolution proposed to relocate Austin historic homes, increase sustainability
Austin population growth means the need for more homes. One idea to boost housing is not building new, but rather preserving old homes. Preservation Austin joins FOX 7 to discuss.