Mortgage rates are nearing 7%. One house hunter says he's "despondent."
"It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.
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"It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.
Nearly half of renters spend more than 30% of their income on housing. Here's what it costs to rent a two-bedroom home in 50 U.S. cities.
Economists say high home prices and a shortage of available properties may limit how much federal action can lower U.S. housing costs.
A group of retirees is reimagining what golden years can look like.
Rents in the 50 largest cities have surged by hundreds of dollars per month over the last five years, a LendingTree analysis found.
A Texas company — driven by a mission to create faster, better and more affordable housing — is 3D printing homes. It's also working with NASA to 3D print on the Moon. Lesley Stahl reports.
Texas Comptroller Glenn Hegar spoke with Jack Fink to speak about some of the top economic issues facing the state.
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
According to the city, there's about a 23,000-unit gap in housing affordability in Fort Worth.
Many so-called zombie mortgages date back to the 2008 financial crisis, and consumer advocates warn a new wave of zombies could be on the horizon — this time, from all the home equity credit lines taken out during the pandemic.
"I think everyone is feeling the pinch right now with inflation and with cost of housing going through the roof," said Lewisville City Manager Claire Powell.
Mortgage rates continued to rise this week, with the average 30-year fixed-rate mortgage in the United States hitting 7.8% Tuesday.
A new study has found that the five biggest cities in Texas are among the least affordable in the country for renters making minimum wage.
Rent.com said the price of two bedroom apartments has soared 17% in the last year.
A national report released Monday by RE/MAX shows Dallas median home sales price jumped 29.3 percent from June 2021 - June 2022
