Purchasing power

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.

Tucson's economy is expected to post healthy gains in jobs, population and income next year, but it's getting tougher to afford a home here.

From D.C. to Chicago, here's a look at the 12 cities where homebuyers are getting the best bang for their housing buck.

Newbies to Chicago's suburbs are increasingly stowing cars and slipping into walking shoes.

Despite a healthier economy, growing household income was not enough to make an impact on home sales as the market still suffers from historically low levels of inventory.

The home buying season is already shaping up to be especially competitive this year, as rising prices and mortgage rates are putting a damper on purchasing power in many once-affordable housing markets.

Connecticut homes sales turned in a lackluster performance in March, but those that did sell commanded some of the highest prices in nearly four years, a new report Tuesday showed.

Here's a look at 12 cities where median home prices are under $200,000 and the combination of local wages and interest rates offer buyers the most purchasing power.

Businesses are investing more, people are finding jobs, and inflation is picking up, meaning higher interest rates for homebuyers.

Portland-area home prices pushed further into record territory in February, but their growth slowed to the lowest level in more than two years.

Black households have significantly less purchasing power when it comes to buying a home compared with other races, a Zillow study said.