Banco Popular de Puerto Rico

California's devastating wildfires have given way to a real estate opportunity: the burn-out lot.

The Buffalo Niagara housing market is tighter than ever, but there are signs that the upward pressure on home prices is starting to lose some steam.

The Trump administration is growing wary of taking bold steps toward freeing Fannie Mae and Freddie Mac from federal control before the 2020 election, said people familiar with the matter, in part because of the political risk of potentially upending the U.S. mortgage market.

Home prices just set another record in Ada County, Idaho, with the median sale price rising to $354,405 in June. That's $11,415 higher than May's figure, also a record, and 10% higher than in June 2018.

A Nomura Holdings Inc. unit will repay customers about $25 million to settle U.S. regulators' allegations that it failed to supervise traders who made false statements in negotiating sales of mortgage securities.

Home sales in metro Baton Rouge, La., were practically unchanged for the first half of 2019, with three more houses being sold than during the same period in 2018.

A builder based near the Lake of the Ozarks swindled six families that sought new homes in Kirkwood, Mo., out of $356,000, the builder's federal plea agreement says.

The surge in home prices has continued across most of Cuyahoga County, Ohio, this year, with the median sales price through the first half of 2019 up 5.4% countywide and gains being posted in about four out of every five cities.

Home prices in Arlington County, Va., are likely to reach their peak in July with a median sales price of $675,640, according to the Northern Virginia Association of Realtors.

New-home construction fell in June for a second month as a drop in apartment building outweighed a pickup in single-family projects.