The growing population in the District is pushing out many long-term residents, making housing in the nation’s capital less affordable, according to D.C. Mayor Vincent Gray in his weekly radio address on All News 99.1.
Despite all the grumbling about tuition increases and student loan costs, other college expenses also are going up.
Freddie Mac earned $5 billion from April through June, the seventh straight profitable quarter for the mortgage giant.
President Barack Obama’s visit to Phoenix on Tuesday shines a spotlight on one of the nation’s most rapid housing recoveries, with home prices soaring and bidding wars occurring on a regular basis.
The findings of a new study organized by the Center for Housing Policy indicate that American working-class families spend, on average, more than half of their incomes on rent.
D.C., Maryland and Virginia are among the top 10 most expensive places in the United States to afford an apartment, according to a new report released by the National Low Income Housing Coalition.
Federal Reserve Chairman Ben Bernanke said Thursday that banks’ overly tight lending standards may be holding back the U.S. economy by preventing creditworthy borrowers from buying homes.
U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy.