High mortgage rates, home prices keeping homebuyers away
North Texas keeps attracting people from all over the county with its jobs and lifestyle. But with higher interest rates, it has cooled the housing market some, even in red-hot North Texas.
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North Texas keeps attracting people from all over the county with its jobs and lifestyle. But with higher interest rates, it has cooled the housing market some, even in red-hot North Texas.
According to Freddie Mac, interest rates are at 7.19%.
Mortgage rates continued to rise this week, with the average 30-year fixed-rate mortgage in the United States hitting 7.8% Tuesday.
"Why is Texas protecting her? Because she did this once or twice in Colorado and they put her in prison."
A court built from scratch can cost up to $30,000. But will installing one add value to a home?
Interest rates haven't been this high in nearly two decades. Buyers are forced to accept they can afford less home than just a few years ago.
When it comes to finding a place to live in North Texas, renting has become just as competitive and expensive as a home, if not more so.
Lobo, Texas is marketed as a ghost town located 130 miles southeast of El Paso and 15 miles east of the Rio Grande.
The surge in real estate prices, coupled with rising mortgage rates, has made buying a home prohibitively expensive in most larger cities.
Southern Dallas homeowners got tips and guidance on protesting their property taxes.
You have five minutes to try and lower your property tax bill. So how do you do it? CBS News Texas sat down with tax attorney Bobby Ola to get advice on how to handle an appraisal protest hearing.
Real Estate agents in the Dallas-Fort Worth area seeing a new trend when it comes to home buyers trying to save a buck.
Here's some precautions to take if you aren't going to use a real estate agent.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Local experts have tips for avoiding disasters when it comes to real estate.
Turning renters, into owners. That's the goal of a new effort underway in South Dallas, where advocates say homeownership is the tool that will help rebuild the historic community, from within.
The general manager of the Galleria Dallas put out a statement on Facebook to dispel the viral rumor that the mall was closing after news of the property getting new owners broke.
According to a recent report from the city, there are over 2,600 STR properties in Dallas.
There is widespread agreement at the Texas Capitol to cut property taxes during the next legislative session starting in January. How much still has to be worked out.
There is widespread agreement at the Texas Capitol to cut property taxes during the next legislative session starting in January. How much still has to be worked out.
In McKinney, an investigation is underway to help that family recover thousands of dollars lost on a fraudulent home rental agreement.
The price of home insurance is going up fast, and experts say it could have some serious effects.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
New data recently released by real estate company RE/MAX shows DFW home sales have dropped significantly while prices for homes are still rising.
It's the summer that cooled off the housing market.
What appeared to be an open-and-shut case for Texas investigators turned out to be a twisted murder plot involving victim Alyssa Beard's ex-boyfriend Andrew Beard and his fiancée Holly Elkins – who detectives say was the mastermind.
Jurors heard wrenching testimony from teammates and saw graphic autopsy evidence as the defense worked to counter the prosecution's case.
Police in Toledo, Ohio, reported that there were believed to be at least two shooters. No suspects have been arrested.
Golden Tempo made Cherie DeVaux the first woman to train a Kentucky Derby winner and the second woman to train a Belmont Stakes winner.
Problems with processing visas had earlier led Iran to move its training base from Tucson, Arizona, to Tijuana, Mexico.
Jurors heard wrenching testimony from teammates and saw graphic autopsy evidence as the defense worked to counter the prosecution's case.
A Flood Watch is in effect until 4 p.m. on Sunday.
Follow our live blog for updates from the courtroom.
After years of silence, customers' complaints lead to Paxton's first rooftop solar lawsuit as his tenure winds down.
The longtime firefighter spent his final months trying to secure a lifesaving transplant for his wife as both faced serious health crises.
Drivers towed from a Fort Worth CVS may be eligible for refunds after an I-Team investigation found questions over whether the tow company had authorization to operate in the lot.
Before striking a pipeline, causing a natural gas leak and subsequent explosion, an engineering firm did follow proper protocol to begin work at a Dallas apartment building.
A North Texas foster family says a legal gray area in Texas' Baby Moses law led to the child being returned to biological relatives.
As he battles terminal cancer, a Fort Worth fire captain says the state's workers' comp system has failed him — and he's far from alone.
A Kennedale couple says their leased solar panels stopped producing power and became a costly burden after years of unfulfilled promises.
Dallas Mayor Eric Johnson said relocating to another downtown building would cost much less than repairing the current Dallas City Hall. "The numbers have now been proven multiple times to be accurate, and it would be very costly to stay, and so I would be in favor, for sure, of us saving the taxpayers considerable money by leaving this obsolete building," said Johnson. He also says that deals have not yet been finalized for the Mavericks and Stars. "The Valley View site that the Mavericks are looking at, it's in Dallas, that's a good thing," Johnson said. "Let's start with that. But as far as the Stars are concerned, that negotiations from my understanding, it is a letter of intent. It is not a final deal. It's a step, but not a final step."
As President Trump prepares to watch the New York Knicks take on the San Antonio Spurs at Madison Square Garden, officials are planning for a heightened security posture, sources said.
Gov. Abbott spoke on efforts to control the screwworm after the flesh-eating parasite was found in Texas.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
A man who pleaded guilty to participating in the Jan. 6 riot as a 19-year-old — and later described the events of that day as a "disgrace" — now works for the Defense Department.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
The most recent week of data from Dallas County Health and Human Services shows a 50% increase in positive flu cases.
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
After sharing management of the arena for decades, the Mavericks are now in full control.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
Expensive tickets, trouble getting visas and anti-American sentiment may all be contributing to underwhelming demand.
Herring said that in the year before tariffs, used car sales were just under half of his business at his dealership in Irving; Now, they are nearly 75 percent.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
Golden Tempo made Cherie DeVaux the first woman to train a Kentucky Derby winner and the second woman to train a Belmont Stakes winner.
Problems with processing visas had earlier led Iran to move its training base from Tucson, Arizona, to Tijuana, Mexico.
Bueckers tied Ogunbowale's franchise record of 14 assists in a game.
As President Trump prepares to watch the New York Knicks take on the San Antonio Spurs at Madison Square Garden, officials are planning for a heightened security posture, sources said.
Ned Jarrett was inducted into the NASCAR Hall of Fame in 2011 after 50 career wins on the sport's top circuit.
Anthony Head played librarian and mentor Rupert Giles in "Buffy the Vampire Slayer" and recently appeared in "Ted Lasso."
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
