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A major part of that decline comes from stagnating wages, which came to a median $29,000 in doubled-up households in 2012. On average, Zillow says doubled-up adults make about 76 percent of the median income of people living without roommates, making it more difficult for those Americans to save up money for initial housing costs.

President Barack Obama and Federal Reserve chair Janet Yellen are scheduled to meet one-on-one on Monday, November 3, according to a White House official.

A recent survey commissioned by NeighborWorks America, a Washington, D.C.-based non-profit community development corporation, revealed that nearly one out of four Americans knows someone who has delayed buying a home because of student loan debt.

Wayne County, Michigan, sold a bundle of more than 6,000, distressed and blighted properties to a single bidder for more than $3 million in the county's tax foreclosure auction earlier this week, according to Wayne County Chief Deputy Treasurer David Szymanski.

While zombie foreclosures in the U.S. declined overall in the third quarter, they continue to be a problem in some areas, according to RealtyTrac's Q3 2014 Zombie Foreclosure Report released earlier this week.

Based on data collected for this month, Auction.com predicts existing-home sales will fall between seasonally adjusted annual averages of 4.97 and 5.38 million units, with a targeted prediction of 5.19 million. October's sales rate comes just above September's rate of 5.10 million (as predicted by Auction.com).

At the moment, Americans' view of business conditions are mixed, with increases in both the number saying the business environment is currently good and those saying conditions are bad. On the jobs front, attitudes are slightly more positive: The share of consumers saying jobs are plentiful ticked up to 16.5 percent, while those saying jobs are hard to get fell marginally to 29.1 percent.

The number of seriously delinquent mortgage loans, which are those that are more than 90 days past due or in foreclosure, dropped nationwide by 21 percent year-over-year in September, according to CoreLogic's September 2014 National Foreclosure Report released on Wednesday.

Ocwen Financial, the nation's top non-bank mortgage servicer, announced that the company has taken a $100 million charge for a potential settlement regarding claims that Ocwen sent backdated foreclosure letters to thousands of borrowers.

A California judge dismissed a $16.2 million verdict a jury awarded to a California homeowner in July after the homeowner sued mortgage servicer PHH Mortgage to stop foreclosure proceedings on his home.