Homeowners in the Miami-Fort Lauderdale-Miami Beach area spent a whopping 58 percent of their income on mortgage payments. That’s an amazing figure. Ideally, a home should not suck up more than 30 percent of its owner’s income. I can’t imagine spending more than half of my income on mortgage payments.

There are a lot of reasons to move to Las Vegas. If you’re looking to invest in residential real estate, though, you’d best stay away.

It’s good news if you’re buying a house, terrible if you’re selling one: Housing prices across the country continued their fall in October.