California

Real estate and mortgage industry groups outspent proponents 3-to-1 to defeat Proposition 10, a measure to allow California municipalities to set local rent control laws.

The Southern California housing market has been on a nearly seven-year tear, with prices in many communities reaching all-time highs.

Napa County, Calif., home prices continue to rise while the number of homes sold declined year-over-year, according to Bay Area Real Estate Information Services Inc.

Signaling a market in transition amid a surge in new listings, the median price paid for a new or existing Bay Area home or condo last month was $815,000, down 1.8% from August but up 9.3% from September 2017, CoreLogic reported.

Goldman Sachs is getting closer to hitting its $1.8 billion consumer relief obligation as outlined in mortgage settlement agreements between the U.S. Department of Justice and three states.

After a massive fire gutted the Ice House townhome project in West Oakland recently — the latest in a series of suspicious blazes targeting residential construction projects — developers and housing experts say the fallout could ultimately hit the pockets of Oaklanders already struggling to rent or own homes in the city.

Sonoma County, Calif., home sales plunged last month to the lowest level for September in 11 years, the clearest sign yet of a housing market slowdown.

The fight for stronger rent control in California appears headed for a fiery demise, according to the latest poll by the Public Policy Institute of California.

Southern California home sales fell in September by the biggest rate since the depths of the Great Recession, the latest housing report by the California Association of Realtors shows.

High-rise living, once a rarity in Southern California, is gaining new favor as reviving urban centers such as downtown L.A. and Hollywood attract thousands of new residents in search of neighborhoods with a big-city feel.