California

The slowdown in new market-rate, residential development is starting to take its toll on San Francisco's affordable housing pipeline, as rising construction costs and a softening market are resulting in less money flowing to the city programs that support affordable projects.

In another sign that the Bay Area housing market is cooling, the number of homes for sale here has spiked — signaling more options for buyers, and potentially lower prices.

Ocwen Financial Corp. now alleges that Fidelity Information Services misled California officials about its ability to conduct the audit at the heart of litigation.

The rising cost of housing in the Bay Area has dramatically resegregated neighborhoods by race and pushed minority families to the outer edges of the region, a new paper shows.

A lawsuit alleging Wells Fargo improperly compensated its California-based mortgage loan officers could have broader ramifications now that it has been granted class certification.

As Huntington Beach prepares for a lengthy battle with the state of California over its affordable housing goals, the city of Pismo Beach is preparing for a battle of its own as it tries to attract more low-income housing to the traditionally wealthy area.

The seven-year fever driving up Bay Area home prices may finally be breaking.

The housing market's chill grew colder in December, as sales plunged across Southern California and home prices barely rose.

Mortgage application defect risk was at its highest level in four years because of higher interest rates as well as natural disasters during the latter part of 2018, according to First American.

Bay Area adjacency without the exorbitant home prices make Sacramento, Calif., an attractive option for consumers, according to Redfin's migration report.

The Bay Area's affordable housing stock got a major shot in the arm, with the launch of a $500 million fund to build and preserve homes for low- and middle-income residents.

California's housing market ended 2018 on a down note, with sales for 2018 as a whole down for the first time in four years and home price gains showing signs of leveling off.

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

House prices in Los Angeles and Orange counties rose in November at the slowest rate since the last housing slump ended in 2012, according to a new housing report.

Rising construction costs and a big drop in public funding is forcing an organization that builds inexpensive homes for low-income buyers in the Bay Area to sell them for higher prices than many of those people can afford.

Southern California home sales fell sharply in November, deepening a retreat from a sustained housing boom that placed home ownership out of reach for many.

Mortgage application fraud risk continued growing for the fifth consecutive month, and the recent California wildfires are partly to blame, according to First American Financial Corp.

Southern California house prices rose in November by the smallest margin in nearly four years as sales continue to lag, according to the California Association of Realtors.

The Property Assessed Clean Energy sector is getting a boost from the expansion of improvements eligible to be financed via tax assessments, including fire resiliency and total building renovations, according to DBRS.

The slowdown in the Sonoma County, Calif., residential real estate market sharpened in November, when sales and prices declined while the number of homes available for buyers jumped significantly.