California

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.

Renita Barbee has begun packing up the belongings in her rented South Los Angeles home. She was trying hard to hold her composure as she told her story the other day.

A House Republican tax proposal that infuriated housing groups and sent homebuilder stocks sliding would only have a modest impact on the market for new homes and could end up being a net positive for the industry, according to Keefe, Bruyette & Woods analysts.

San Diego had the third highest annual home price increase in the nation in August, a distinction not reached since 2014.

As Bay Area sales dwindled, in a reflection of the region's shrinking home supply, buyers continued to bid up the region's notoriously high prices.

The Canyon 2 wildfire has been contained for more than a week, but aftereffects from the 9,200-acre conflagration still are rippling throughout Orange County, Calif.

Southern California's house hunters must move 23% faster this year to find a residence to buy.

The Federal Housing Administration has extended waivers on timelines for disaster-related re-inspections to properties in Puerto Rico affected by Hurricane Maria as well as other properties impacted by California wildfires.

Continued economic growth, a strong jobs market and higher wages will lead to a 7.3% increase in purchase origination volume next year, according to the Mortgage Bankers Association.

Mortgage lenders are urging the thousands of displaced homeowners to reach out to them in the aftermath of the devastating wildfires so fire victims can begin the process of either rebuilding or moving on, leaving behind the home they once had.

A limited housing supply fueled by the San Francisco Bay Area's booming job growth and decades of slow construction has forced home values and rents to near record highs.