Jacob Passy

Mark Kiesel famously sold his home in 2006 just before the last housing bubble burst.

Both the Case-Shiller and Federal Housing Finance Agency indexes showed record-setting growth in home prices.

Home builders have shifted their focus to multifamily housing projects as buyers grapple with affordability concerns.

‘It doesn’t help that soaring house prices also eroded affordability.’

Tax assessments haven’t kept pace with rising home prices, which could create headaches for homeowners over the next few years.

Tax assessments haven’t kept pace with rising home prices, which could create headaches for homeowners over the next few years.

One study found that over a third of student loan borrowers are unready to resume making payments, meaning many could soon face financial trouble.

‘While I still have a mortgage on my primary residence, I am wondering if I should sell the condo since it has now recouped the original selling price.’

Philadelphia Federal Reserve President Patrick Harker suggested that a longer-term mortgage could help some homeowners avoid default.

The average sales prices for a new home sold in February was $511,000.