Higher borrowing costs are squeezing budgets, changing what buyers can afford and shaping how sellers price homes.
Higher bond yields, a firmer Fed outlook and scarce housing supply are keeping home loan costs elevated for buyers.
Freddie Mac said the average 30-year mortgage crossed 7% again as higher Treasury yields and renewed inflation pressure pushed borrowing costs up.
The average 30-year fixed rate moved to 7.03%, its highest level since mid-January, while 15-year loans also climbed.
Mortgage News Daily said the average 30-year fixed rate climbed 19 basis points in one day, adding more strain to buyers already facing high prices and lean supply.
City officials say the vacant order was issued after inspectors found severe life safety problems in two three-story buildings near downtown.
Rates have moved above 7% for the first time in years, squeezing monthly budgets even as some buyers keep moving.
A single mother behind on rent nearly skipped her hearing, but court appearances in Precinct 7 connected her to help that put her back on track.
Zillow says renting cost less than buying in all 50 major U.S. metros, with the widest gaps in expensive coastal markets.
Residents say repeated complaints have gone unanswered while management keeps the utility billing system in place and offers only limited changes.