California

Robert Shapiro, the former chief executive officer of Woodbridge Group of Companies, pleaded guilty to running a $1.3 billion fraud that caused more than 7,000 investors to lose money, according to prosecutors.

Gov. Gavin Newsom proposed Wednesday to spend California's share of a national mortgage settlement on legal assistance for struggling homeowners and renters, funds that lawmakers illegally diverted in 2014 to help erase the state's budget deficit.

Home prices slipped in some of the costliest U.S. markets in the second quarter, a sign that would-be buyers are sitting out the competition for a scarcity of affordable properties.

California officials are threatening legal action if Cupertino, hometown of Apple, doesn't meet its housing goals.

A Sacramento CEO has pleaded guilty to embezzling funds from his employees' pensions, according to the U.S. Attorney for the Eastern District of California.

June's median price in Santa Cruz County, Calif., the midpoint of what sold, of single-family homes hit $919,500.

Despite today's high tech salaries, two-income households, and a swelling economy, the current generation of Bay Area residents spends much more of their income to buy a house compared to their parents and grandparents.

In the constant search for metro areas offering affordability and purchasing power, consumers abscond exorbitantly priced big cities in favor of alternative locales further inland.

Southern California home prices rose only 1.2% in June from a year earlier, while sales fell 8.8%, reflecting a broad slowdown in the region's pricey housing market.

Bay Area home sales swooned in June, tumbling to recession levels of a decade ago as buyers grew increasingly weary of sky-high prices and scant choices.

In an unwelcome turn for a city suffering from a homelessness crisis, federal housing officials said they have denied Los Angeles $80 million in funds, citing long-standing failures by local leaders to ensure that properties built with government money are accessible to those who use wheelchairs or have other disabilities.

Liberty Home Equity, a subsidiary of Ocwen Financial, is offering a new private-market alternative to Federal Housing Administration-insured reverse mortgages.

Through the first half of the year, there have has been 2,000 single-family homes sold countywide, a 6.45% decline from the comparable period last year when 2,138 homes were sold.

The Lake Tahoe real estate market slowed down in the first six months after a stormy winter in comparison to the same time last year, according to a Lake Tahoe real estate firm.

Some commercial mortgage-backed securities due next year could have difficulty refinancing due to the recent Ridgecrest earthquake, according to a new Morningstar report.

A Bay Area real estate agent has been indicted on charges of fraud and money laundering after allegedly promising home loans to clients then taking their money.

The California Housing Finance Agency helped a record number of low- and moderate-income residents purchase their first homes with help from its down payment assistance program.

In a blow to a city struggling to build enough affordable housing, a controversial proposal to house formerly homeless people in buildings constructed from recycled shipping containers not far from San Jose's Willow Glen neighborhood has stalled.

County supervisors approve a disputed project. Gov. Gavin Newsom agrees to a statewide housing policy. President Trump moves to ease home-construction regulations across the nation.

It's a sign of just how strong the Bakersfield, Calif., single-family home market is that the 1985 house Realtor Leslie Walters is in escrow to sell July 8 was listed $30,000 above the city's $300,000 sweet spot — and still two solid offers came in within a week.