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  • Why some homeowners are trapped in low-rate mortgages

    During one week in November 2012, the average interest rate on a 30-year, fixed-rate mortgage hit an all-time low of 3.31 percent, and rates like that prompted tens of millions of homeowners to refinance their mortgages, reducing their payments or shortening the notes' terms.
  • L.A. and Orange counties are an epicenter of overcrowded housing

    L.A. and Orange counties are an epicenter of overcrowded housing
    Sixteen-year-old Monica buried her face in a pillow, trying to rest for school the next day, as the clock ticked past 11 p.m. Sleep was a battle in the tiny apartment. Hunched at the other end of the family's only mattress, two of her brothers played...

    Lehigh U. alum gives $5 million gift

    A Lehigh University alumnus who runs one of New York City's top real estate firms is giving $5 million to help fund the school's minor in real estate. Marc Holliday and his wife Sheree are giving the gift through the Holliday Foundation, their charitable...

    Untangling housing stats is a numbers game


    Uncertainty about future home affordability

    By Ilyce Glink and Samuel J. Tamkin What's the difference between being an average home buyer in Cleveland and being an average home buyer in San Francisco? Just $96,074.89 in annual salary. That's difference in income you would need to buy the median...