Housing is expensive for a record half of American renters, study shows

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.

A new Harvard analysis reveals soaring housing costs put a financial strain on millions of renters, with prices spiking during the pandemic.

Austin man falls victim to affordable housing crisis

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.

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

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.

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.

Judge rules against City of Austin in zoning lawsuit

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.

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

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.

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

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.

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

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.

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

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.

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

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.

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

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.

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

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.

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

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.

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

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.

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

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.

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

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.

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.

City of Austin receives $4M grant to create reuse warehouse to benefit homeless

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.

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.