Economics

Home prices have surged in Philadelphia over the past year, with double-digit annual price growth starting last summer and annual appreciation averaging more than 20 percent throughout 2017.

Those looking to get a taste of the good life should move to Aurora—either the one in Colorado or the one in Illinois.

SmartAsset ranked the best cities for living the…

Brian Moynihan, the CEO of Bank of America, told CNBC that eased regulations, such as lower downpayment requirements, would greatly help young homebuyers obtain a mortgage.

Over the last year, the median monthly cost of a suburban rental is up 2.5 percent. The median cost of an urban rental, meanwhile, rose only 2.3 percent.

Zillow notes that…

A recent survey from Zillow found that 83 percent of renters nationwide said they feel confident that they can stay in their current homes for as long as they want.

Rent…

From January through March, 10,562 homes were sold in California for $1 million or more, a new Q1 record for the state. Million-dollar home sales were up 11.7 percent year-over-year.

Real home prices rose significantly between 1997 and 2005, cratered between 2005 and 2012, and then surged once again since 2012.

Robert J. Shiller, the Sterling Professor of Economics at…

Homebuilder sentiment may be rising, but mortgage applications for new homes don’t currently support that hope. Single-family housing starts have not seen strong gains and entry-level, mortgage-dependent homebuyers…

While the Trump Administration’s new tax proposal doesn’t eliminate the mortgage-interest tax deduction (MITD), it doubles the standard deduction and eliminates the ability of filers to deduct state and local taxes,…

Florida was one of the housing markets most adversely affected during the subprime mortgage loan crisis, with mortgage delinquency rates hitting 20 percent in 2009. But recently the Sunshine State has seen explosive…

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