What to know about tapping into your home equity as interest rates drop

The latest interest rate cut by the Federal Reserve may have created an opportunity for homeowners to explore options for their home equity. Here’s what you need to know.

Federal Reserve cuts interest rates, but how will it impact Austin?

The Federal Reserve cut interest rates this week, but what will the impact be on Austin's real estate market? Olivia Vale with Roots Residential Group joins FOX 7 Austin's John Krinjak to break it down in this FOX 7 Focus.

Nearly a third of homeowners say they are ‘house poor’ in new survey

The financial strain of having a house has led some homeowners to sacrifice paying for other critical expenses, a recent survey finds.

Map: Here's how long it takes to sell a house in your state

The median number of days on the market – or the number of days a home sits before going under contact – varies depending on where you live.

San Francisco 1st in U.S. to ban AI rent price-fixing software

San Francisco is putting a stop to automated price-setting for rent, arguing that software has scammed renters out of good prices for housing units.

More than 50% of Americans opting for 'rent-first' lifestyle, survey finds

A recent survey by Credit Karma reveals that over 50% of Americans are choosing a 'rent-first' lifestyle, prioritizing flexibility and savings over traditional ownership in various aspects of life, from housing to cars and fashion.

Waiting for mortgage rates to fall? Why experts say it won't make a difference

Potential U.S. home buyers and sellers have kept a sharp eye on mortgage rates, which have contributed to the affordability crisis in the market. 

Rent prices in Austin drop 10% on average from last year: FOX 7 Focus

Rent prices in the Austin area have actually gone down compared to last year. Austin realtor Olivia Vale joins FOX 7 Austin's John Krinjak to discuss in this FOX 7 Focus.

San Francisco 1st in U.S. to ban rental-price software

San Francisco is now the first city in the nation to ban the use of a type of software that large landlords use to set rental prices.

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.