Purchasing power

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.

Here's a look at the states where home purchasing power is improving, bucking the national trends of inventory shortages and rising prices.

A recently released report explores some of Duluth, Minn.'s housing challenges, including the high cost of building a single-family home in the city.

Close to a third of all home purchases were made by millennials over the past year, but tight inventory and affordability issues prevented them from reaching their buying potential, according to the National Association of Realtors.

Only a small percentage of borrowers are deterred by the higher rates seen this year, even with the additional cost making it tough for first-time buyers to find affordable properties.

Houston-area homebuyers face a tightening supply of homes just as the busy Spring home-buying season is about to hit.

First time home buyers are dealing with the worst of the nationwide housing inventory shortage, due to prices of entry-level houses growing at an even faster pace than other properties types, according to CoreLogic.

Low home inventory continues to put upward pressure on home prices, but affordability strains may be overstated, according to First American Financial Corp.

Bay Area home prices are out of reach for many middle-income families, but surely if you're a highly prized engineer at Apple or Google you can afford a house here, right?

Here's a look at the 10 housing markets with the biggest gap between growth in home prices and wages that could indicate a housing bubble is forming.

Although non-homeowners were less optimistic last quarter about it being a good time to buy, an overwhelming majority report they do want to own a home in the future.