A $1 million starter home? It’s becoming the norm in these cities
There are now 237 cities in the U.S. where the typical starter home is worth $1 million or more. Five years ago, there were only 84 such cities.
Home prices hit another record in June even as sales fall: What to know
U.S. home prices hit another all-time high in June, even as sales of existing homes fell, according to data shared by the National Association of Realtors.
Evictions are rising fastest in these 5 American cities
Eviction filings are on the rise in several major cities as Americans grapple with the ongoing cost-of-living crisis and expensive rent costs.
Biden proposes capping national rent increases at 5%
Biden’s proposal to help cap rent hikes at 5% would only apply to certain landlords. Here’s what to know.
Nearly 1 in 4 US sellers cut home prices as inventory grows, Zillow report says
A recent report finds that sellers are slashing home prices to appeal to buyers in the market for housing.
Tenant repeatedly scammed landlords to live rent-free in expensive parts of Silicon Valley
One woman has been able to live in Silicon Valley's most expensive areas rent-free for the past decade- and now, she's been convicted for it.
Diddy's $70M Los Angeles mansion for sale following Homeland Security raid
Sean "Diddy" Combs is reportedly wanting to cut all ties with Los Angeles.
Tourist hot spot to ban vacation apartments in bid to make city 'livable' again
Barcelona officials plan to ban short-term tourist apartment rentals by 2028, mirroring policies that have bubbled up across Europe in recent years.
East Austin historic neighborhood redevelopment pushes completion to 2025
The redevelopment of a historic neighborhood in east Austin is taking longer than expected. FOX 7 Austin's Rudy Koski spoke with the Austin Housing Authority about the delay.
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.