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.
Austinites, both for and against HOME Initiative, speak out on proposal
The city of Austin is considering changes to the land development code. These changes could affect how your property or properties near you may be developed or used in the future.
US housing market needs 1M more homes to satisfy demand
National Association of Realtors Chief Economist Lawrence Yun argued that policy changes could boost housing supply. The shortage of homes is keeping upward pressure on prices.
Austin City Council takes on housing market, I-35 expansion
District Six council member Mackenzie Kelly joined FOX 7 Austin's Rebecca Thomas to discuss the Austin housing market.
Historical Travis County homestead saved, relocated
The Gray House, an original Travis County homestead that dates back to the 1870s, was relocated Tuesday as part of an effort to preserve it.
Rent increases, unanswered repair requests prompt North Austin residents to protest
About two dozen people showed up to the leasing office on Thursday with two major complaints: repair requests and rent increases.
City of Austin receives $4M grant to create reuse warehouse to benefit homeless
Once fully operational, the reuse warehouse will accept drop-off furniture donations to redistribute to nonprofit organizations working to furnish transitional homes for the homeless.
Millennials feel they missed 'golden opportunity' to buy a home
A key mortgage rate reached 7.18% over the past week.
Miami Beach's iconic Clevelander Hotel and Bar to be replaced with affordable housing development
Plans are underway for an iconic Miami Beach hotel and bar to be replaced with a high-end restaurant and affordable housing units, the building's owner announced.
Silicon Valley billionaires want to build a new city in rural California
Silicon Valley billionaires behind a secretive $800 million land-buying spree in Northern California have finally released some details about their plans for a new green city, but they still must win over skeptical voters and local leaders.
Expert says ‘some kind of miracles’ needed in 'world of real estate' to reverse trends
The housing market continues to leave homebuyers struggling to find affordable options as mortgage rates surge and inventory remains scarce.
Survey: Half of homeowners want to move but feel stuck
Even a small shift in mortgage rates could make a big difference to home affordability.
Home prices will rise in 2023 as affordability crisis worsens, Goldman says
Goldman Sachs projects home prices to climb by 1.8% this year amid housing shortage
The US housing market may be trapped in a prolonged freeze
Fannie Mae economists predicted in a revised forecast that the U.S. housing market faces a prolonged downturn due to high mortgage rates and limited supply.
Hobby Building in downtown Austin up for sale
The for sale sign officially went up at the Hobby State Office Building in downtown Austin. The announcement comes with the condition that the new development there will include affordable housing for government employees.
The four US cities facing the biggest housing shortages
Prospective homebuyers across the U.S. are facing a chronic shortage of available houses, but the scarcity is worse in some parts of the country, according to new Bank of America research.
California residents relocating here more than any other US city, study shows
More homebuyers are leaving Los Angeles and San Francisco more than any other metro in the U.S.
FOX 7 Focus: How will decreasing minimum lot sizes affect the Austin housing market?
In this week's FOX 7 Focus, we speak with Austin Board of Realtors president Ashley Jackson about the City Council's recent decision to recommend decreasing the minimum lot size for homes, and how that will affect the Austin housing market.
Austin city budget: Where is the money going?
The Austin City Council recently heard from concerned citizens wanting the city budget to include funding for areas of need across the city. Mayor Pro Tem Paige Ellis joins FOX 7 Austin's Mike Warren to discuss.
High mortgages rates will weigh on the housing market for years
U.S. property prices face 2.4% decline amid high mortgage rates.