Why are home prices so expensive? Blame the boomers, Barclays says

Would-be homebuyers nationwide are facing a spike in housing costs amid an ongoing affordability crisis - and baby boomers may be to blame, Barclays says.

Silicon Valley billionaires want to build a new city in rural California

Silicon Valley billionaires behind a secretive $800 million land-buying spree in Northern California have finally released some details about their plans for a new green city, but they still must win over skeptical voters and local leaders.

The US housing market may be trapped in a prolonged freeze

Fannie Mae economists predicted in a revised forecast that the U.S. housing market faces a prolonged downturn due to high mortgage rates and limited supply.

Dearborn's historic 'Kingsbury Castle' goes up for sale

From the ornate living room to the brick fireplace to the elaborate chandeliers and original windows - but the 8,000-square-foot Tudor's most intriguing feature is the turret.

Pretty in pink: Hudson, Wis. short-term rental owner creates real-life Barbie dreamhouse

A week before the Barbie movie opened last month, Brooke Fleetwood decided to paint one of her short-term rentals, a 100-year-old Victorian home formerly known as the Goth Castle, pink as well to take advantage of Barbie mania.

Mortgage rates reach highest level in over 20 years

Rates for a 30-year fixed mortgage now average 7.09%, the highest since 2002, putting further pressure on the cooling housing market amid high prices.

Texas: The Issue Is - Leaders, lawmakers celebrate property tax relief measure

Calling it the "biggest property tax cut in the history of the world," Texas leaders and lawmakers gathered before the cameras in New Caney for a collective victory lap over the $18 billion they are refunding to millions of our state's landowners.

The four US cities facing the biggest housing shortages

Prospective homebuyers across the U.S. are facing a chronic shortage of available houses, but the scarcity is worse in some parts of the country, according to new Bank of America research. 

These four US cities face the biggest housing shortages

The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.