California

Homeowners with mortgages have collectively seen their equity increase 11.8% year-over-year in the third quarter, according to CoreLogic.

Despite rapid price gains and tight inventory nationally, prices in many of the largest housing markets are still below the peaks reached before the Great Recession.

After over five years of steadily rising home prices, Southern California's housing market is "overvalued," real estate data firm CoreLogic reported.

The homeless Navigation Center that Aaron Peskin proposed for a North Beach parking lot has led to a power struggle between the supervisor and his longtime political foe, Mayor Ed Lee, who wants to use the site for affordable housing.

Borrowers will be able to take out a substantially bigger home loan backed by Fannie Mae and Freddie Mac next year, thanks to a 6.8% increase in home prices nationwide.

Southern California home prices rose 6.5% in October from a year earlier, while sales jumped 3.6%.

A 10-year-old fraud case against two San Luis Obispo County, Calif., lenders has ended in a hung jury.

The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. Its recent agreement to buy a deposit-rich franchise in California could help it get there.

When a $40 million round of venture funding fell through at the last minute, digital mortgage broker Sindeo all but shut down this summer. Now recapitalized and rejuvenated, founder and CEO Nick Stamos explains why Sindeo is ready to grow again.

Mortgage closing costs average nearly $4,900 nationwide. But in some states, those fees can reach or exceed five figures. Here's a look at the areas where it costs the most to close a mortgage.

Clearinghouse CDFI will use funds from the $2 million investment to support affordable-housing and economic development projects in communities and Native American reservations in California, Nevada and Arizona.

The median price of an existing, detached single-family home rose significantly in Southern California in October compared with the same month a year ago.

Bay Area homebuyers beware. Among the nation's 100 largest housing markets, San Francisco, San Jose and Oakland — in that order — are the least likely places to find a price cut on a home for sale.

Sonoma County, Calif., renters, property managers and housing advocates say the October wildfires grabbed hold of a constrained rental market and squeezed it by the throat.

After nearly five years of being the nation's least affordable housing market, San Francisco was surpassed by another California city as the national median home price increased, according to the NAHB/Wells Fargo Housing Opportunity Index.

The elimination of private activity bonds “would throw gasoline on a housing shortage," said John Chiang, California's treasurer.

The treatment of local property taxes and the mortgage interest deduction in the House Republicans' tax plan would cause homeowners in high-cost states like California to incur much higher tax bills.

Here's a look at the 12 housing markets with the largest percentages of mortgages over $500,000 — the new threshold House Republicans have proposed for the mortgage interest deduction in their tax plan.

An emerging group of local entrepreneurs is taking up arms against the sky-high cost of living in the Bay Area, hoping to end once and for all the housing crisis crippling the region.

Capital Corps, led by Steven Sugarman, aims to provide financing to homeowners and small businesses that it believes are overlooked by banks. The firm features several former Banc of California executives.