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.
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.
Baltimore sells $1 houses in effort to combat vacant home crisis
Baltimore, Maryland, city officials approved a program that would sell city-owned vacant homes for next to nothing at $1 for some applicable residents.
Housing benefits could lure employees back to office, survey shows
Many companies are facing the ongoing dilemma of office versus remote work four years after the pandemic, with a new survey highlighting housing benefits as a potential solution.
Time to sell your home? Here are 3 questions to ask yourself
As someone deeply involved in the real estate industry for decades, I understand that selling your home isn't just a financial transaction; it's a significant life decision.
League City homeowners suing home builder
Only on FOX, three League City homeowners living in the same block filed a lawsuit against their homebuilding for allegedly causing dangerously high levels of mold. FOX 26's Randy Wallace has more on the exclusive story.
New Houston Housing Authority leaders gather
New leadership is in place at the Houston Housing Authority with angry residents and neighborhood activists welcoming the 'house cleaning' at the agency due to Mayor John Whitmire. FOX 26 Political Reporter Greg Groogan has more on what frustrated critics are hoping will happen.
Home buyers need to make $47,000 more than in 2020 to afford a home
A new report from Zillow finds that some people are relying on financial gifts to help cover the cost of a down payment for a home or moving to low-cost cities to find affordable housing.
The two things Biden proposed to shake up the housing market
The president wants to make housing more affordable through a pair of tax credits. Here’s how it works.
Rent prices are changing thanks to 'apartment-building boom' – what renters should expect
Rent prices are evolving – potentially for the better – in 2024 thanks to an “apartment-building boom," according to Redfin chief economist Daryl Fairweather. Here’s what renters should know.
Mayor Whitmire names new Houston Housing Authority commissioners
Houston Mayor John Whitmire announced the new commissioners to the Houston Housing Authority after there was a pause in vouchers which impacted numerous groups.
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
New Jersey homes sold for $1 in housing lottery
A special lottery was held in New Jersey allowing some lucky people to have the chance of scooping up some residential properties for beyond bargain prices!
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.
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.
State Rep. calls on Houston Mayor to pause controversial housing project
State Representative Christina Morales is asking Mayor John Whitmire to pause the low-income housing project in Second Ward due to the contamination of the property.
Housing market outlook in 2024
The housing market in 2024 is looking positive! Houston Association of Realtor's Chair Cathy Trevino has more on what to watch in the market as 2023 comes to an end.
Housing affordability plummeted to lowest level on record in 2023
Just a fraction of homes for sale in 2023 were affordable for the typical American
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.
State orders new environmental study of Houston low-income housing project
The construction of a major affordable housing project east of downtown Houston is at risk due to serious toxic contamination in the surrounding properties.