California

Foreclosures in San Diego County have hit record lows, following a national trend of better fortunes for homeowners coming out of the Great Recession.

In another sign of state officials trying to outdo the Consumer Financial Protection Bureau, governors in California and New York want greater authority to license and oversee the debt collection industry.

State officials are set to grant a private-equity firm building a passenger train to Las Vegas the ability to issue tax-exempt bonds, while requests for using the funding for affordable housing go by the wayside.

Former CFPB Director Richard Cordray and consumer advocates have designed a proposed state consumer agency that would subject more financial firms and fintechs to state oversight.

California Gov. Gavin Newsom plans to ask the legislature to revamp the current Department of Business Oversight and rename it the Department of Financial Protection and Innovation, modeled after the federal CFPB.

California homeowners with big home loans and vacation properties would owe higher taxes under new legislation to raise money for programs to get the state's homelessness crisis under control.

The new owner of a 12-bedroom, $94 million home purchased in October received a $58 million, 10-year mortgage from HSBC.

A fight over how to fix California's worst-in-the-nation housing shortage is about to heat up again in Sacramento.

The foreclosed former home of Fireman's Fund Insurance in Novato, Calif., could become the site of a mixed-use development.

There are an estimated 46,000 vacant homes in the San Francisco Bay Area, a surprising number in a region beset by a crippling housing shortage.

A panel of real estate experts and economists believe the hottest markets of 2020 will all come from below the Mason-Dixon Line and that California prices will fade, according to Zillow.

Bay Area real estate has long been hailed for its sizzling hot prices, tear-downs and bidding wars, but a new report shows that what goes up does tend to come down eventually.

The Bay Area home market remained sluggish in November, as buyers searched for cheaper homes and sales slowed entering the holiday season.

Pending new home sales increased both on a month-to-month and annual basis, benefitting from the current low mortgage rate environment, although they are still constrained by inventory issues, a Meyers Research report said.

Downtown San Jose, which has been overshadowed by its Bay Area neighbors, is having a real estate development boom because it qualifies as an opportunity zone

Southern California house prices jumped 7.5% in the 12 months ending in November, the biggest gain in the state, according to the California Association of Realtors.

A property deal for hundreds of apartments near downtown San Jose has cleared the way for a major renovation of the property that will also ensure the preservation of affordable housing for decades to come at the complex.

Economists see little break in the feverish Bay Area residential real estate market coming in 2020.

Fewer houses for sale, less buying and another monthly dip in prices could be bringing a modest correction to the sky-high Bay Area housing market.

More than two years ago, San Francisco adopted an aggressive plan to add more housing, including affordable homes, along transit corridors. But can it fulfill its promise?