Housing markets

The competitive spring purchasing season is driving home prices higher.

Since the bottom of the housing market in 2012, home prices have increased 75% but wages have only increased 13%.

Those who can't downsize can still rent out a portion of their property to help cover expenses.

Despite a national trend of declining volume, a spike in foreclosure activity in these local markets has created a number of hot spots.

More than half of the country's top housing markets are considered overvalued.

Baby boomers are holding more mortgage debt than the retirees before them. But sometimes, that can be a smart financial strategy.

Here's a look at cities where homebuyers are getting the best bang for their housing buck.

The new tax law has nearly doubled the standard deduction and limits the deduction for state and local taxes, making it less likely for taxpayers to itemize their deductions.

A new survey finds that three-quarters of baby boomers expect to postpone retirement due to a unrealistic expectations of medical expenses, among other reasons.

Rents have increased an average of 3% annually over the 14-year time period of the study, while incomes have declined .1% annually.