Philadelphia Housing Snapshot Spotlights a Healthy Market

Philadelphia Housing Snapshot Spotlights a Healthy Market
Both prices and sales are increasing in the city but so is inventory. Condo construction is expected to more than double in 2006.

How to Bargain for a House As the Real-Estate Market Cools
After years of soaring prices, inventories of homes for sale are rising in some areas. As a result, some buyers are regaining long-lost bargaining power. Want an Audi with that condo?

Is It Time to Remodel The Homeowner Tax Break?
One suggestion from President Bush's tax-reform advisory panel -- restricting the deduction for mortgage interest -- raises the question: How far should the U.S. government go in encouraging homeownership?

Fed Lifts Funds Rate to 4% In 12th Straight Increase
The Federal Reserve raised interest rates lifting the key federal-funds rate by a quarter percentage point to 4%, as evidence grows that the central bank intends to slow the economy down to prevent inflation from rising.