Mortgage company owned by Warren Buffet discriminated against Black homebuyers, DOJ says
The Justice Department alleges that employees of the company made racist comments about making loans to Black homebuyers, calling some neighborhoods “ghettos.”
The Justice Department alleges that employees of the company made racist comments about making loans to Black homebuyers, calling some neighborhoods “ghettos.”
US new home sales drop to lowest level in 2 years
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
Real estate sales in Austin pause but experts say it's not a bust
The Austin Board of Realtors can provide a comparison from a year ago. June 2021 had less than a month of housing inventory.
The Austin Board of Realtors can provide a comparison from a year ago. June 2021 had less than a month of housing inventory.
These are the top 7 US cities homebuyers are trying to leave
A new report from Redfin reveals more potential homebuyers are willing to relocate if that means finding more affordable homes.
A new report from Redfin reveals more potential homebuyers are willing to relocate if that means finding more affordable homes.
These states had the biggest share of sellers dropping home prices
In one city, home prices are down more than 60%.
In one city, home prices are down more than 60%.
Despite high rent, it’s still cheaper than buying a home – except in these cities
Rents are up 14.1% over the same time last year — they’ve hit record levels every month for the past 16 months.
Rents are up 14.1% over the same time last year — they’ve hit record levels every month for the past 16 months.
35-year-old man, who says he's been homeless for 3 years, builds makeshift treehouse in SW Houston
"By being homeless, I'm treated like I'm not human," said Dane Mireles, who has been living in a tree at a southwest Houston intersection.
"By being homeless, I'm treated like I'm not human," said Dane Mireles, who has been living in a tree at a southwest Houston intersection.
Austin Habitat for Humanity breaks ground on affordable townhomes in southeast Austin
As home prices soar in Austin, Habitat for Humanity is hoping communities like this one will provide a solution.
As home prices soar in Austin, Habitat for Humanity is hoping communities like this one will provide a solution.
Mortgage rates plummet amid recession fears
Mortgage rates sank this week, but they could soon begin to rise once again.
Mortgage rates sank this week, but they could soon begin to rise once again.
Kyle City Council passes property tax exemptions
The ordinance creates a residential homestead property tax exemption and an exemption for persons with disabilities, as well as amends the seniors over 65 exemption.
The ordinance creates a residential homestead property tax exemption and an exemption for persons with disabilities, as well as amends the seniors over 65 exemption.
Austin 2nd most overvalued housing market in U.S., study finds
New data in a study from researchers at Florida Atlantic University and Florida International University finds buyers are paying a lot more than they should in Austin and buyers in only one U.S. have it worse.
New data in a study from researchers at Florida Atlantic University and Florida International University finds buyers are paying a lot more than they should in Austin and buyers in only one U.S. have it worse.
Williamson County sues City of Austin over Candlewood Suites hotel
The lawsuit seeks a temporary restraining order and a temporary and permanent injunction to stop the city from creating homeless housing at the hotel.
The lawsuit seeks a temporary restraining order and a temporary and permanent injunction to stop the city from creating homeless housing at the hotel.
Average US mortgage rates hit 5.78%, highest level since 2008
Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve raising its key rate in a bid to tame inflation.
Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve raising its key rate in a bid to tame inflation.
White House pledges to close affordable housing gap in 5 years
The Biden administration announced new measures to ease the housing shortage and bring back affordable housing over the next five years.
The Biden administration announced new measures to ease the housing shortage and bring back affordable housing over the next five years.
Home prices have begun falling in these 10 cities, according to Realtor.com
An influx of smaller single-family homes — paired with falling demand amid higher mortgage rates — has driven home sales and prices down in some markets.
An influx of smaller single-family homes — paired with falling demand amid higher mortgage rates — has driven home sales and prices down in some markets.
Canceled for convenience: North Texas family loses home after builder backs out without warning
A North Texas family says they have a warning for anyone who's buying a home from a builder. Just days before closing on their forever home, their builder backed out. Turns out the builder's contract they were required to sign left them with virtually no protection.
A North Texas family says they have a warning for anyone who's buying a home from a builder. Just days before closing on their forever home, their builder backed out. Turns out the builder's contract they were required to sign left them with virtually no protection.
28% of Texas single-family homes purchased by institutional buyers in 2021: report
Texas had the highest rate of institutional buyers purchasing residential homes in 2021 at 26% while the national average was just 13%.
Texas had the highest rate of institutional buyers purchasing residential homes in 2021 at 26% while the national average was just 13%.
Food waste cement: A gingerbread house-style building option
In the near future, edible houses may no longer just be found in fairy tales.
In the near future, edible houses may no longer just be found in fairy tales.
HousingWorks Austin releases district-by-district affordable housing analysis
The nonprofit HousingWorks said there isn't enough affordable housing in the city, specifically in high-cost areas like west of Mopac Expressway.
The nonprofit HousingWorks said there isn't enough affordable housing in the city, specifically in high-cost areas like west of Mopac Expressway.
Foundation Communities closer to affordable housing goal
The Austin non-profit is closer to its goal of housing more than 2,000 people, many of whom will be transitioning directly from living on the streets.
The Austin non-profit is closer to its goal of housing more than 2,000 people, many of whom will be transitioning directly from living on the streets.