California

Only 32% of California households could afford to purchase the $496,620 median-priced Golden State home in the first quarter of 2017, according to a report issued by the California Association of Realtors.

To address an unintended consequence of the TILA-RESPA integrated disclosures, California regulators are making it easier for lenders to prove compliance with rules limiting interest charges on mortgage closings that take more than one day.

With double-digit price appreciation returning to some Bay Area markets, we're used to hearing that the region's homeowners are a lucky bunch, richer by the minute.

Citing a pattern of "bad-faith harassment, retaliation and fraud" against rent-controlled tenants, a San Francisco Superior Court Judge has ordered a landlord to pay the city nearly $2.4 million in penalties for violations of state housing law.

Opes Advisors has 39 locations in California, Oregon and Washington. The firm generated $3 billion in mortgages last year.

Collaboration will allow buyers to tap state assistance for down payment, closing costs.

The cuts punctuate the end to a rapid expansion period at the company, which now seems to be prioritizing profitability over growth.

The company also seems to be shifting the narrative to operational performance after addressing claims of questionable insider dealings.