Average hourly wages have risen just 2.1 percent in the past year while rental prices have climbed 3.7 percent.
It’s the new career trade-off: Around the country, areas with the strongest job markets increasingly have some of the costliest homes. And areas with the most affordable homes lack a solid base of middle class jobs that attract workers.
Living in D.C. is more costly than in New York City, and Baltimore is more expensive than Los Angeles, according to a new study from the Bureau of Labor Statistics.
The 11 cases the Justices will hear in the new term will touch on everything from political spending to redistricting to racial and religious discrimination.
Residents of the nation’s capital spent more money per capita on goods and services over a 16-year period than residents of any of the 50 states.
Due to frigid conditions in much of the nation, February’s real estate wrap-up required boots and a shovel, as well as deeper pockets.
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.