California home prices rise 25 percent

California’s median price continued to register double-digit gains from year-ago levels and strong sales of higher-priced homes led to a year-over-year increase in sales in California during November, the CALIFORNIA ASSOCIATION OF REALTORS® reported...

Factoring in commuting costs

A recent study by the Center for Housing Policy and the Center for Neighborhood Technology suggests that borrowers of moderate means would be smart to calculate the costs of commuting before buying. Making sense of the story The study, which looked at transportation...