California

Starwood Capital Group missed two monthly payments on securitized debt tied to five shopping malls anchored by bankrupt department stores including Sears and J.C. Penney.

The number of existing, single-family home sales that closed last month fell 51.1% compared with the same month last year and the median price dropped 2.5%, according to the California Association of Realtors.

The coronavirus pandemic is driving rents down in San Francisco and across the region, reshaping a housing market that for the past decade has generated enormous profits for residential developers while displacing tens of thousands of workers from the inner Bay Area.

Southern California housing markets are rebounding off what arguably was the worst April in the history books.

Eager buyers and reluctant sellers pushed Bay Area homes prices higher again in April, fueling quick sales and a robust market despite coronavirus restrictions.

One criticism of the CARES Act is that it provides relief only to borrowers with government-backed loans. Bills in New York and California would cover the remaining 30% of homeowners.

Homebuilding in San Diego County nearly doubled from last year in the first quarter of 2020 despite COVID-19 closures.

Nine years of annual home price gains are expected to come to an end by next April, according to CoreLogic, although prices in Southern California are projected to continue rising.

Homebuilders were a rare, bright spot in an otherwise dreary April for Southern California's housing market.

A Democratic measure to freeze foreclosures and auto repossessions through the coronavirus crisis while expanding eligibility for loan forbearance is getting strong pushback from banks and credit unions, which complain it would constrain credit.

Illustrating the chilling effects the coronavirus crisis has had on the housing market, Southern California home sales fell 26.6% in April compared with a month earlier, while year-over-year sales were down 31.5%.

Only 244 single-family homes were sold in Sonoma County, Calif., in April, down from 300 in March and 363 in April a year ago.

A once-in-a-century pandemic, widespread lockdowns and economic woe — none of it was enough to keep Bay Area home prices from going up.

This stylish home in the Beverly Hills Post Office area was much more famous in the late 2000s, when comedian Ed McMahon lived there and was fighting to keep the house.

This scenario has been seen before. A sudden shock to the economy. Jobs lost. Lenders in trouble.

The Southern California housing market was on track for record-setting prices and increased sales before the coronavirus outbreak hit, new numbers show.

The Bakersfield, Calif., home market was on track to finally retake the peak it achieved during the housing bubble.

The coronavirus outbreak has shuttered business and kept people hunkered down in their homes. Perhaps unsurprisingly, it's also resulted in a market that experts describe as essentially frozen in place.

In the days before COVID-19 entered American consciousness, home prices in San Diego climbed near record territory.

Bay Area home prices rose substantially in March despite a drop in sales compared with last March, but those numbers reflect deals entered into before most counties imposed shelter-in-place orders.