First time home buyers

Here's a look at the 12 cities where the combination of prices and local wages offer homebuyers the best bang for the buck this house hunting season.

All hair stylist Erin Bond wants is a decent two-bedroom condo in Orange County, preferably in Huntington Beach.

Sustained increases for home prices in 20 U.S. cities in April indicate the housing industry is juggling stable demand with a shortage of inventory.

It's taken a decade, an oil spill and a national recession, but now could be the time for those who've waited until conditions improved to sell their home or land in South Mississippi.

Demand for single-family homes in the Inland Empire has fueled the strongest building activity in nearly a decade, though experts say the recent spike is nowhere near the intensity and volume of the mid-2000s.

Record prices for new homes amid a sales pickup indicate the supply of houses may be tight at the lower end of the market, pinching first-time buyers.

The housing market is looking a little top-heavy these days.

A pickup in sales of previously owned homes signals the housing market is making progress despite inventory constraints that are sending prices to all-time highs.

The market for existing-home sales underperformed its potential by 3.8% because of the inventory shortage, according to First American Financial Corp.

The young adult homeownership rate should increase by 1.5 percentage points over the next two decades as education attainment among racial and ethnic minorities continues to rise.