Purchasing power

The mortgage market shift to purchase lending has arrived. Test your knowledge of these key real estate industry terms.

People 55 and older own 53% of U.S. owner-occupied houses, the biggest share since the government started collecting data in 1900.

From funding sources to home prices, here's a look at five questions lenders must ask themselves before they can safely originate 1% down mortgages.

The cheapest housing markets aren't always the most affordable cities for first-time home buyers and existing homeowners. Here's a look at 12 cities with low home prices, but where other factors put a damper on purchasing power.

Connecticut's real estate market saw solid gains in June, as the number of homes sold in the state last month jumped 6.4% compared to the same period a year ago.

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.

Here's a look at the 12 markets where rising home prices, along with shifts in wages and interest rates, have combined to put the most downward pressure on consumers' purchasing power.

Affordability will be an issue in nearly half of all metropolitan areas as the home purchase season starts.

A consumer's home purchase power declined in December as a result of higher interest rates.