California

A mortgage fraud scheme involving fake employment records, initially thought to be contained to Southern California, is occurring statewide, Fannie Mae said in a new fraud alert.

Housing affordability has hit a 10-year low throughout most of California, new data show, as three out of four state residents can no longer afford sky-high median homes prices.

As Californians reel from sky-high rents and home prices fueled by the economic boom, state lawmakers return Monday from their summer recess to debate proposals attacking the housing crisis.

Hundreds of families displaced by Northern California's fires could face another challenge to rebuilding their homes — a persistent shortage of construction workers.

In yet another milestone, the Sonoma County, Calif., median home price broke through the $700,000 mark.

CoreLogic has updated its Risk Quantification and Engineering tool amid California wildfires to include U.S. Wildfire and U.S. Severe Convective Storm models to support the mortgage and insurance industries in better assessing natural disaster risk.

Silicon Valley homeowners saw their wealth balloon faster than owners anywhere else in the country last quarter, according to a new study that underscores just how rich on paper property has made some residents here.

Sacramento home sales have hit a summer slump as potential buyers back away from escalating prices and rising mortgage interest rates.

The Marin, County, Calif., median home price jumped to $1.165 million in June, up 8.4% over the $1.075 million median price in June 2017.

With values on multifamily properties soaring, some building owners are using aggressive tactics to push out existing tenants to make room for higher-earning ones. That’s raising questions about whether their lenders are abetting this behavior.