The growing uncertainty in the economy may be jittering home buyers, according to a new survey.
Despite the persistent strength of the apartment market recovery, rent growth is being held in check by a weak economic recovery, according to Reis' third-quarter report on commercial real estate.
Houses don't come cheap in these cities. Find out the most expensive ZIP codes in the country.
Four main indicators for the housing market are showing signs of "steady leveling," according to realtor.com.
"There's a strong preference for being in a neighborhood where people can walk to shops, restaurants, parks," says an NAR spokesperson.
Mortgage rates are up slightly this week, following more than a month of declines in borrowing costs.
Middle-class home buyers are struggling to find enough affordable homes on the market as rising prices, higher interest rates, and flat incomes limit their choices.
"A surge in completed foreclosures and a rise in the foreclosure inventory is unlikely given continued house-price improvements and shortages of supply in many markets," says CoreLogic's chief economist.
A new index reveals how many housing markets across the country have returned to or exceeded their pre-recession levels.
If the federal government fails to increase its borrowing authority prior to when the U.S. Treasury says it will run out of money to pay its bills, debt default is not necessarily the first consequence we'll see.