Housing market could tumble into a 'deep freeze' if US defaults on its debt

A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.

Construction begins on hotel turned low-income housing for homeless in Phoenix

Construction has begun on a Phoenix hotel being converted into low-income housing for the homeless. The housing will be temporary, and the residents will be provided case managers.

Housing association discovers body of tenant six years after death

The association officials also reportedly discovered a 1½-foot pile of unopened mail, food that expired in 2017 and reading glasses on a TV guide for May 4, 2017.

Renters get some relief as rent burdens plummet, but low-income families still struggle: new report

Renters in the U.S. are experiencing some relief from rental burdens, according to a new report by Moody’s Analytics. The number of metros experiencing higher rent burdens dropped 91% from last quarter.

Low inventory, high interest rates leaves potential Phoenix homebuyers on the sideline

We often hear the terms buyer's market or seller's market when describing the current condition of the real estate market. In Phoenix, however, the situation is a bit more complicated than that.

New home listings plunge over 22% in April, Redfin says

The drop in home listings this month was one of the biggest declines since the pandemic gripped the world in 2020, according to a new Redfin report.

Nude landlord does not justify lower rent, German court rules

A German court says a landlord sunbathing naked in the courtyard of his building isn’t a reason for his tenants to reduce their rental payments.

Supreme Court seems to favor Minneapolis woman who got $0 in condo sale

The Supreme Court seemed likely Wednesday to give a 94-year-old Minneapolis woman another day in court to try to recoup some money after the county kept the entire $40,000 when it sold her condominium over a small unpaid tax bill.

Minneapolis woman's home seized by county; US Supreme Court to hear arguments Wednesday

Geraldine Tyler, now 94, lost her one-bedroom condo in Minneapolis over $2,300 in unpaid taxes, plus interest and penalties. Hennepin County sold the apartment for $40,000 and kept every penny.

These are the cities you can earn six figures in and still be broke

A new study found that in 16 of the 100 largest U.S. metros, a family of three earning a $100,000 annual income would spend more on the basics than what they earn. California cities made up half of the list.

Battle brewing over proposed 50-story high-rise in San Francisco's Outer Sunset

A Nevada-based developer has submitted plans for a 50-story ocean view high rise in San Francisco’s Outer Sunset District, in what's shaping up to be a heated battle with the city's planning department. 

Groundbreaking on new home for double amputee veteran SSG Brent Bretz
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Helping a Hero, Capital One, Bass Pro Shops, and Lennar broke ground on a wheelchair-accessible home for SSG Bretz. On December 19th, 2004, he was driving a supply truck when it hit an IED outside Mosul, Iraq which took both of his legs and left him with multiple permanent injuries including a TBI, burns, loss of hearing in his left ear and a fused elbow. FOX 10's Danielle Miller reports.

Violent squatters, unsafe living conditions: Residents of Minneapolis apartment building plea for help

Residents at a Minneapolis apartment building are fed up with violent squatters and unresponsive management that are making their building a dangerous place to live — and they want help from the city and the nonprofit that owns the property.

Real estate ‘sweet spot’ puts sellers in drivers seat

Although it's hard to time the real estate market right, there is one week out of the year that has historically given sellers the upper hand. That week is roughly a month away.