Home prices are rising faster than household incomes in many metro markets across the U.S., but more balance could be on the horizon, some economists say
Record housing appreciation is helping some homeowners build substantial wealth, while would-be buyers are priced out on the opposite end of the housing market
The latest roadblock in an ongoing affordability crisis is the result of soaring closing costs on home purchases, making it difficult for first-time buyers to close on home sales in an already pricey market
Adjustable-rate mortgages were one of the causes of the Great Recession in 2007, and as housing prices escalate to new record highs, they’re making a comeback nationwide