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.
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.
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
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.
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
New housing units for homeless developing next to church in Old City
City leaders and community members broke ground on a new project called Old First House which creates additional housing for the chronically homeless in a converted church in Old City.
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.
Home prices will rise in 2023 as affordability crisis worsens, Goldman says
Goldman Sachs projects home prices to climb by 1.8% this year amid housing shortage
The US housing market may be trapped in a prolonged freeze
Fannie Mae economists predicted in a revised forecast that the U.S. housing market faces a prolonged downturn due to high mortgage rates and limited supply.
California courthouse parking lot turns into homeless encampment with 24/7 security
One of California’s famous wine regions has a government-sanctioned homeless encampment set up near the local courthouse, Fox News Digital has learned.
America is more rent-burdened than ever: These cities take the biggest chunk of your budget
Renters in these U.S. cities pay, on average, more than 30% of their income in rent.
Hawaii governor proposes plan to invest $1 billion in affordable housing
Green says his plan would help stem the exodus of people leaving the islands for less expensive places.
Overwhelming demand briefly crashes Philadelphia Housing Authority website on first day of voucher program
The Philadelphia Housing Authority's website briefly crashed on Monday as it opened its voucher program for affordable housing for the first time in over a decade.
These are the top 10 U.S. cities with the biggest homes
A new housing report finds that cities with stable job markets and a low cost of living factor into homebuyers' demand for bigger homes.
Median U.S. home price exceeds $400K for 1st time, report finds
Home prices are continuing to climb, based on newly released data from the National Association of Realtors. Here are some of the most expensive cities to live.