California

Bay Area home buying slowed in June, as the busy summer home shopping season was chilled by scarce inventory and yet another month of near record-setting prices.

The Southern California median home price reached a new all-time high in June, jumping 7.3% from a year earlier.

It's no secret the San Francisco Bay Area can be a tough place to raise kids, and now a new report sheds light on those families sticking out.

Hanging over the Sonoma County, Calif., housing market is the damage done by the most destructive wildfires in state history. The fires of October claimed 24 lives and burned nearly 5,300 homes in the county.

Of the 5,500 housing-unit building permits issued by the city between 2015 and 2017, only 98 were for apartments or houses that people with salaries in the minimum wage range or a little higher could afford.

The number of nonbank lenders and servicers that did not comply with the California Residential Mortgage Lending Act Annual Report requirements grew this year, prompting a reprimand and warning of penalties from the commissioner of the state's Department of Business Oversight.

The measure, which has been compared to the EU’s new consumer privacy rules, grants Californians new rights over how companies collect and use their personal data.

The Southern California median home price surged 8.2% in May from a year earlier, hitting a new all-time high of $530,000, according to a report from CoreLogic.

One-time Modesto City Council candidate Robert Farrace, an attorney and real estate broker, was sentenced to two years in federal prison for defrauding real estate lenders.

Home prices rose to new highs in Sonoma County, Calif., in May, when the median hit a record $692,250, but there are indications the unrelenting price increases may be starting to test buyers' limits.