Here are the top 25 most overvalued housing markets in the US

Homes in 97% of cities in America are overvalued, according to Moody’s Analytics, with the most overvalued markets seeing homes priced at 50% to 70% more than they’re worth. But how long will this last?

Migration from big cities boosts housing prices in smaller markets

Since the COVID-19 pandemic, more people are moving out of big cities, driving up housing prices in smaller markets like Boise.

Rackensack property on the market: Live off the grid with 360° views, gold mines and a helipad

On the northern edge of the Phoenix area, a unique spot called the Rackensack property is now on the market. That property gives whoever lives there a chance to live completely off the grid atop a gold mine.

Domestic violence shelter officials say they are having a hard time taking on more victims due to housing cost

The CEO of the biggest domestic violence shelter in Arizona says due to recent increase in housing cost, they are finding it hard to find affordable housing to transition domestic violence into

Cool House: Phoenix area home hailed as an architectural wonder
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FOX 10's Syleste Rodriguez takes a look at a home that sits, gated, at Camelback Mountain, with a very special view to boot.

US long-term mortgage rates rise; 30-year loan reaches 5%

Long-term U.S. mortgage rates continued to climb this week as the key 30-year loan rate reached 5% for the first time in more than a decade amid persistent high inflation.

$17M approved for Maricopa County affordable housing developments

More affordable housing is coming to Maricopa County as $17 million in funding was approved specifically for new housing developments. We have when and where you can find these future homes.

Canada bans foreign home buyers for two years to cool market

The Canadian government is under pressure to cool an overheated market after prices climbed by more than 20% last year, while rental rates have also been rising.

Walt Disney World looks to build affordable apartments in Florida

Less than two weeks after Universal Parks & Resorts revealed its plans to build rent-controlled apartments in Orlando – future efforts to help the housing crisis in the area -- Walt Disney World Resort on Wednesday announced its own plans to build an affordable housing community.

Proposed Arizona law would ban cities from charging home rental taxes

Republican Rep. Shawnna Bolick of Phoenix said SB 1116, added as a last minute “strike everything” amendment, would give some small relief to renters who have seen metro Phoenix rents soar.

Historic Manhattan mansion sells for $26 million

An opulent and historic townhouse just sold for a huge chunk of change, setting a record for the Upper West Side. The six-story 10,000-square-foot mansion has six bedrooms, seven full baths, landscaped garden with a fountain, and a roof deck overlooking Central Park.

Homelessness jumps 35% in 2 years in Maricopa County

A report released by the Maricopa Association of Governments says that 5,029 people in the county, including 3,096 people in Phoenix, experienced homelessness in unsheltered situations the night of Jan. 25.

Homeowners associations foreclose on at least 60 homes in Denver neighborhood

At least 60 families in one Denver neighborhood are in danger of losing their homes after their HOAs foreclosed on them over unpaid fines. One homeowner said she had no idea about the foreclosure until the new owner knocked on her door, telling her he bought her house. Another woman whose husband recently passed away came home to find a lockbox on her door and a note saying her house was going to be auctioned off.

'Tough': Phoenix residents struggle with spiking rent prices amid housing shortage

The cost of rent continues to rise across the metropolitan Phoenix area, with landlords reportedly raising prices by 20% to 30% and leaving tenants worried about the future.

California governor proposes controversial mental health courts for homeless people

Gov. Gavin Newsom said he has no intention of rounding homleess people up and locking them away. Instead, he said his plan would offer a way for people to get court-ordered psychiatric treatment, medication and housing, preferably before they are arrested.