It puts growth "in the hands of individual property owners," the bill's author says.

The choke point is home building — which is in turn constrained by limited availability of land, building loans and skilled construction workers.

Traditional lenders have shied away from financing the trendy homes, but that could change next year.

Also, how can you plan for your dream home?

The house is perched on a grassy lot where the city moved it to make way for new housing.

Rising mortgage rates may have pushed some buyers last month to close home deals but economists don't expect that to be a big thing in 2017

Do home buyers need to follow the Fed?

It's the 'last innings for the recovery,' Wharton School professor says.

Falling homeownership rates could give way to a permanent renter class