Housing http://wkms.org en How Much House You Can Buy, In 385 U.S. Cities http://wkms.org/post/how-much-house-you-can-buy-385-us-cities Are home prices cheap in your city right now?<p>It's common to answer this question by talking about how prices today compare with prices last year, or to look at how prices in your city compare with prices in other cities.<p>But there's another way to frame the question: Compare home prices with income. You would expect that the ratio would be similar in different places. In cities where incomes are higher, home prices should also be higher. In cities where incomes are lower, home prices should also be lower.<p>This basically holds up. Tue, 24 Jun 2014 16:17:46 +0000 Quoctrung Bui 41536 at http://wkms.org How Much House You Can Buy, In 385 U.S. Cities Conway Joins Effort to Extend Tax Relief to Hurting Homeowners http://wkms.org/post/conway-joins-effort-extend-tax-relief-hurting-homeowners <p></p><p>Kentucky Attorney General Jack Conway joined an effort to urge Congress to extend tax relief to homeowners who have had mortgage debt canceled or forgiven because of a decline in housing values. Since 2007 mortgage debt that is forgiven after a foreclosure or short sale can be excluded from a taxpayer’s taxable income. But that exclusion will expire at the end of this year. Wed, 21 Nov 2012 13:34:58 +0000 Whitney Jones 24773 at http://wkms.org Conway Joins Effort to Extend Tax Relief to Hurting Homeowners Illinois Foreclosure Rate on the Rise http://wkms.org/post/illinois-foreclosure-rate-rise <p></p><p>Illinois' home foreclosure rate rose 6 percent in October compared to the previous month, and was 19 percent higher than in October of last year. A RealtyTrac report released Thursday shows Illinois with almost 15 thousand foreclosure filings last month, the third-highest rate in the nation. Filings include default notices, auction-sale notices and bank repossessions. Nationally, October's foreclosure activity rose 3 percent from the previous month but fell 19 percent from October of 2011. Thu, 15 Nov 2012 14:16:56 +0000 Shelly Baskin & The Associated Press 24544 at http://wkms.org Illinois Foreclosure Rate on the Rise Providing Affordable Housing and New Taxpayers to Hopkins Co. http://wkms.org/post/providing-affordable-housing-and-new-taxpayers-hopkins-co <p>Habitat of Hopkins County has built 57 homes since 1990, involving families, many volunteers, and robust fundraising. Hopkins County Habitat for Humanity aims to build 4 new homes this year.&nbsp; Its executive director Heath Duncan is with us on Sounds Good to talk about how they get this done with local volunteers and “caravaners.”</p> Wed, 24 Oct 2012 20:37:12 +0000 Kate Lochte 23663 at http://wkms.org Providing Affordable Housing and New Taxpayers to Hopkins Co.