Economy

Here's how rapidly the U.S. housing market has cooled: Buyers are now about four times less likely to face a bidding war than they were just a year ago.

Despite a stronger economy, home prices are outpacing wages in 40% of markets, according to Attom Data Solutions. Here's a look at the 12 cities in most danger of a housing bubble this summer, based on the gaps between property values and local incomes in each.

The number of single-family homes sold on Oahu dropped 10.4% in June while condo sales fell 13.5% compared to the year before, the Honolulu Board of Realtors reported.

Total Kentucky home sales rose by 10% in May, according to the Lexington-Bluegrass Association of Realtors.

Treasury and HUD are close to unveiling administrative and legislative options for ending the conservatorships of Fannie Mae and Freddie Mac. Will their findings be heavy on detail or leave a lot unanswered?

How the Trump administration can recapitalize Fannie Mae and Freddie Mac while remedying jilted private investors.

After the government-sponsored enterprise patch expires, "near prime" loans over the 43% debt-to-income ratio should be qualified mortgages if they have compensating factors, according to the Center for Responsible Lending.

From Middle America to upstate New York, here's a look at cities offering the best opportunities to millennial buyers.

While mortgage rate optimism kept consumer confidence about the home purchase market high in June, affordability worries pulled overall sentiment lower, a Fannie Mae survey said.

A developer behind projects in the Maine cities of Portland and Saco was sued by a business partner as properties there are scheduled to be sold at foreclosure auctions.

The Whitefish, Mont., Legacy Homes Program intended to create housing for those with moderate incomes officially went into effect on July 3.

After months of backsliding followed by a modest increase in April, nondepository mortgage companies added 3,200 workers in May, as the overall job market gained steam.

The value of construction projects started in the greater Houston area fell sharply across both the residential and nonresidential sectors in May, according to a new Dodge Data & Analytics report.

The post-crisis operational improvements at both Fannie Mae and Freddie Mac have resulted in stronger mortgage loan performance, a Fitch Ratings report said.

In a blow to a city struggling to build enough affordable housing, a controversial proposal to house formerly homeless people in buildings constructed from recycled shipping containers not far from San Jose's Willow Glen neighborhood has stalled.

Mortgage lenders might be feeling a little less stressed over False Claims Act actions being brought against them following recent headlines but there is still some work to be done before they can chill out.

On the heels of Independence Day, here's a look at how housing affordability measures up across states occupying America's 13 original colonies.

Manhattan home sales perked up in the second quarter from a prolonged slump, as buyers raced to close deals ahead of a July 1 tax increase on higher-priced properties.

House flipping is back in a big way in Ohio, driven by low home prices and strong demand for the finished product.

County supervisors approve a disputed project. Gov. Gavin Newsom agrees to a statewide housing policy. President Trump moves to ease home-construction regulations across the nation.