Purchasing power

Here's a look at the 12 cities with the biggest gap between the current wages needed to buy a home and the historical average, a sign a housing bubble might be brewing.

As more sellers lower their asking prices and competition eases, the share of homes sold above their listing keeps declining, according to Redfin.

Rising home prices and the depleted housing inventory led to another drop in pending home sales, according to the National Association of Realtors.

As mortgage rates jump and housing inventory rises, over a quarter of all home listings dropped their price in the past month, according to Redfin.

New York City’s home sellers, tired of waiting for buyers, slashed prices on almost 800 listings in a single week this month, the most in at least 12 years.

There is a sharp increase in the number of Denver-area residents searching for homes in other metros compared to the number of people in other cities looking for properties in the area, according to Redfin.

Mortgage rates increased 5 basis points this week, up for the fourth week in a row with momentum building for further hikes, according to Freddie Mac.

Staggering home prices and steep tax rates are pushing people from expensive cities along the coasts to more affordable locales.

Southern California’s red-hot housing market continued to cool in July as rising home prices and higher interest rates discouraged homebuyers, new housing figures show.

Home buyers in the Twin Cities and beyond will have to wait until at least 2020 for key indicators in the housing market tilting toward buyers, according to a new survey.

Experts don't see a way for Bloomington's current infrastructure to provide the kind of housing middle-income residents need.

Connecticut closed out the spring home buying market on a positive, with both sales and prices rising in July, a new report showed.

Contracts to buy previously owned U.S. homes unexpectedly declined in July, signaling that buyers are balking at higher prices and a lack of choices in some regions, according to the National Association of Realtors.

From Washington to Baltimore, here's a look at the 12 best housing markets for homebuyer purchasing power, where median house values and mortgage rates are more favorable.

Both home price increases and the reduction in the houses for sale inventory slowed in June, a good sign for purchase activity picking up in the second half of the year, according to Redfin.

Income inequality is a significant challenge facing America. But when it comes to real estate values in local markets, significant price inequality may actually help homebuyers.

Housing demand is high, but few homeowners are interested in selling and the resulting inventory shortage continues to drive home prices higher.

Purchasing power took a plunge in some of the nation's hottest housing markets, as a competitive spring purchasing season continues to drive home prices higher.

From lowering expectations about their ideal home to moving faster to close a deal, here's a look at five ways house hunters say they would react to average mortgage rates reaching 5%.

The high number of home sales both above and below the list price in May, combined with rising mortgage rates and prices, was a sign buyers are near affordability limits, Redfin said.